Answer:
Zola's gross income is worked out under community property state;
Explanation:
community property state
Dividends ($1200/2) $600
Interest on certificate of deposit ($900/2) $450
Salary ($80,000/2) $40,000
Gross income $41,050
Under community law system, all the property is deemed to be community property and is held jointly by the spouses unless the property is acquired before marriage or inheritance or gift.
For federal tax purposes, each spouse is taxed one and half of the property belonging to community. Therefore Zola is taxed 50% for the incomes of her spouse as well including the interest on certificate of deposit.
A car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.
<h2>What is corporate partner?</h2>
A corporate partnership means a beneficial relationship between two separate company for specific purpose.
Here, the car company and sheet metal supplier are corporate partners because they have a specific purpose they serve there selves.
In conclusion, the car company would be called a <u>supplier's corporate partner</u> if its collaborated with a sheet metal supplier.
Read more about corporate partnership
<em>brainly.com/question/14034519</em>
Answer:
Statement B is correct
Explanation:
Provided Information that,
Company A has shorter Average Collection Period than Company B,
Average Collection Period refers to the period in which the cash is collected from debtors.
Thus in the given statements only statement B states that Company A is more efficient in collecting receivables from debtors, thus it is the correct statement.
Statement A is wrong as Company A has less Average Collection Period, thus it's credit sales percentage would be higher than Company B.
Statement C which states about generating revenue is not correct as the company might have cash sales.
Statement B is correct
A. Investment percentages and maturity delegations
Answer:
$32,000
Explanation:
Net advantage = Annual operating cost
Net advantage = [(Old machine - New machine)*10 life] - New machine cost + Old machine cost
Net advantage = [($320000 - $240000)*10] - $800000 + $32000
Net advantage = [($80000)*10 - $768,000
Net advantage = $800,000 - $768,000
Net advantage = $32,000
So, the net advantage of replacing the old machine is $32,000
