Answer:
Total= 3,120 units
Explanation:
Giving the following information:
production budget:
January= 3,000 units
February= 4,200 units
March= 5,000 units
The company wants to end each month with ending finished goods inventory equal to 10% of the next month’s sales.
Beginning inventory= 300 units.
To calculate the production for any month, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
<u>January:</u>
Sales= 3,000
Desired ending inventory= (4,200*0.1)= 420
Beginning inventory= (300)
Total= 3,120 units
Answer:
Sole proprietorship
Explanation:
The characteristics of Sole Proprietorship includes unlimited liability and the owner of the business runs the business. In this case, the owner Holly is legal owner of the business and is involved in the marketing and production of the business. As the business is not registered as a company, the liability is unlimited which meets the criteria of sole proprietorship.
Answer:
• A professional makes deliberate choices where others have choices made for them or they simply react to what comes their way.
° A professional is afforded the luxury of making deliberate choices because he has made deliberate preparations.
•A professional can make deliberate preparations because his understanding of and familiarity with the relevant (professional) landscape informs him on how to prepare. Also, like the chess master, he is trained to understand the inevitable results of hundreds of different patterns; he has disciplined himself to observe the whole board and not just the most immediate features or the area with the most tension in the game.
•A professional is seldom caught off-balance. The discipline for deliberate preparation and the understanding that comes with it allow that even when something unexpected or unfamiliar is introduced, a professional can quickly understand its basis and easily extrapolate the appropriate tactic, strategy, or process for ethically and successfully resolving issues.
•In this capacity, and most fundamentally, a professional habitually makes the right choices because all of his choices are based on the integrity provided by his moral and ethical foundation. Any choice of expedience over integrity can quite easily be recognized by anyone as the wrong choice. Here, the professional simply acknowledges what is obvious, makes the right choice, and acts deliberately (and now we're back at the start of this list).
Answer:
His tax liability for 2019 (due April 2020) is $23,359.50
Explanation:
Since Robert s a single filer, he falls under the fourth tax bracket: income between $84,201 to $160,725. His marginal tax rate is 24%, and his total taxes due are as following:
<u>tax rate</u> <u>earnings</u> <u>taxes due</u>
10% $0 – $9,875 $987,50
12% $9,875 – $40,125 $3,630
22% $40,126 – $85,525 $9,988
24% $85,526 – $122,000 $8,754
total $23,359.50
*Option C is the closest one, but it used the 2018 tax brackets, not the 2019.
Complete question reads;
Which of the following is not a reason Best Buy has had a hard time competing with Amazon? Multiple Choice
a. Best Buy decided to bring in Hubert Joly as CEO to replace Brian Dunn.
b. Amazon has many strategically located distribution centers across the United States.
c. Best Buy had significant expenses that did not help improve sales.
d. Amazon has a deep supply of products to draw from.
e. Best Buy has faced some key leadership challenges.
Answer:
a
Explanation:
Noteworthy is the fact that Hubert Joly's arrival into Best Buy was indeed a blessing to the company because within a year after he came in 2012, the company's stock value more than doubled in 2013.
He further improved the company's customer interactions, plus greater price competitiveness during his leadership.
