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3 years ago

Which of the following statements is correct?

Business

1 answer:

Zolol [24]3 years ago

6 0

Answer:

D) All of the above are correct

Explanation:

In general terms, luxurious, or non-necessary items that have many substitutes are more elastic than daily necessities such as food or gasoline.

Flat-screen computer monitors are a luxury item, and a regular-screen monitor works just as well, therefore, if the price of them rises a lot, people can always buy regular monitors. The demand for this product is very elastic.

Same is true for grandfather clocks, which not only are expensive, but also niche, in the sense that they likely only appeal to a small segment of people.

As for cardboards, this product also has substitutes, and the demand for it in the long-term is more elastic because people will have more time to look for those substitutes.

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At age 50, Charles began receiving payments under a distribution method that provides for substantially equal payments over his

shusha [124]

Answer:

correct answer is 4) $169,000.00

Explanation:

given data

received distributions totaling = $14,000

remaining benefits lump-sum = $155,000

solution

we know that substantial payment by as distribution method not subjected to the early distribution penalty

but lum sum amount distribution before age 59.5 is subject to 10% penalty

so here we can say till 59.5 year annuity payment not changed

so amount subject to the penalty is = $14000 + $155000

amount subject to the penalty is = $169000

so correct answer is 4) $169,000.00

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3 years ago

Alyssa was a severe schizophrenic who had to be institutionalized. Alyssa's cousin, Marlene, told Alyssa that she would buy her

Diano4ka-milaya [45]

Answer: capacity

Explanation:

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3 years ago

Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct ma

BartSMP [9]

Answer:

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93

Explanation:

Equivalent unit of material = (120,000× 100%)+(39,000×75%)=149250

Cost per unit of material = Total cost /Total equivalent unit

=(313,920 +2,956,500)/149250 =21.912

Cost per conversion cost

Equivalent unit of conversion cost

= (120,000 × 100%) + ((39,000×35%)= 133,650

Cost per unit of conversion cost

= ($3,737,220 + $449,040)/133,650 = 31.322

Cost of goods transferred = 120,000× (21.912 + 31.322)= 6,388,147.07

Cost of Inventory = (75%*39,000×21.912)+(35%× 39,000×31.322)

= 1,068,478.93

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93

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3 years ago

Opal Corporation, an accrual method, calendar year C corporation, was formed and began operations on July 1, 2019. The following

IceJOKER [234]

Answer:

The correct answer to the following question will be "$5427".

Explanation:

The given expenditures are:

Temporary director's as well as organisational meetings expenditures = $8000

Fee payable to either the incorporation province = $2000

Incident accountants for organisation = $3500

Legal resources and by-laws for writing the company charter = $4300

So that total qualifying expenses will be :

⇒ $17,800

Now,

Deduction regarding section 248 election:

Immediate expensing = $5000

Amortization = $\frac{(total \ qualifying \ expenses-immediating \ expensing )}{180\times 6}$

On putting the values in the above formula, we get

⇒ = $\frac{(17800-5000)}{180\times 6}$

⇒ = $ $427$

Hence the deduction on election regarding section 248 = $5,427

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3 years ago

The action of leading a group of people or an organization

Burka [1]

The answer to that is leadership

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3 years ago

Read 2 more answers