Answer:
Option C She can claim an estimated value for the auto if the charity uses it rather than selling it
Explanation:
The reason is that the tax encourages you to make donations because the non for profit organization is doing the same thing which government does, they serve the people. So if the NGO is not selling the old car then the tax says that use the fair value of the asset as a amount donated to the charitable foundation. So the right answer here which includes the use of fair value is only Option C.
Answer:
Contribution margin ratio = Contribution margin / Sales
Product C90B CMR = ($23,490 - $7,047) / $23,490 = $16,443 / $23,490 = 0.7 = 70%
Product Y45E CMR = ($34,800 - $13,920) / $34,800 = $20,880 / $34,800 = 0.6 = 60%
The rule, <em>the Higher the contribution margin ratio, the lower the Break-Even point. </em>So, if sales mix shifts to product C90B, overall Break-even point <u>Decreases</u>.
Answer:
$ (-4t+872)
Explanation:
Earning for 1 hour as a tutor= $10
Earnings for 1 hour as a waitress= $14
Total hours worked in the month combined jobs= 83 hrs
Number of hours worked as a tutor for the month= t
Finding the number of hours worked as a waitress for the month= 83-t hours
Total amount earned that month = amount earned as a tutor+ amount earned as a waitress
Amount earned as a tutor= $10 × t = $10t
Amount earned as a waitress= $14× (83-t)= $ (1162-14t)
Total amount earned combined= $ 10t + $ (1162-14t)
=$ ( 10t-14t +1162)
= $ (-4t+872)
Answer:
Yes, Rawls could collect.
Explanation:
It is possible that Rawls collects damages due to negligence. This is due to the fact that the main cause of the accident was not substantiated by the Progressive Northern Insurance Company. The company claimed that the accident could have been caused by a series of events and the company was also not certain about the main cause of the accident.
Answer: The following statements are true about this natural monopoly:<em> </em><u><em>It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.</em></u>
Natural monopoly is a form of monopoly that persists because of start-up costs of administrating a business organization in a particular industry. A organization with natural monopoly will be the only supplier of a commodity or service in an industry.