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3 years ago

Robert makes $951 gross income per week and keeps $762 of it after tax withholding. How many allowances has Robert claimed?

Business

2 answers:

mojhsa [17]3 years ago

6 0

Answer: D) four

Explanation:

koban [17]3 years ago

5 0

The answer to the question given in the problem of how many allowances has Robert claimed when he makes $951 gross income per week and keeps $762 of it after tax withholding is "Four".

Then the answer to the problem is four.

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Zipcar’s goal is to have an available zipcar located within 10–15 minutes of its members. This is an example of what component o

dolphi86 [110]

Answer:

The marketing mix element is Place

Explanation:

The place, as element of the marketing mix, consists of the location where the product or service is supplied by the firm, and bought by the customer.

In this case, the firm, Zipcar, has a clear goal for the element place of the marketing mix: to have a zipcar location available within 10-15 minutes of its members. This strategy is clearly important for the firm because it would require a significant number of locations, or "places", meaning that the place is probably one of the most crucial aspects of the firm's marketing strategy.

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4 years ago

Jim's Handicrafts' main product sells for $100 and the cost of goods sold is $40. The $60 (the difference between the two)

sammy [17]

Answer:

Gross Profit

Explanation:

Gross Profit is defined as the amount earned by the company, after deducting the cost of producing and selling the products in case of a manufacturing business, or the cost of providing services to customers in case of service oriented business. Therefore, the difference between sales revenue and the cost of goods sold is called Gross Profit.

Sales Revenue - Cost of Goods Sold = Gross Profit

$100 - $ 40 = $60

4 0

3 years ago

Suppose a firm has an annual budget of $200,000 in wages and salaries, $75,000 in materials, $30,000 in new equipment, $20,000 i

Schach [20]

Answer:

The firm earns revenues of $360,000 per year. To receive a normal profit, the firm described above would have to earn additional revenue of $90,000

Explanation:

As per the information provided in the question, the current profit/loss after deducting all expenditure from income is as follows:

Particular Amount ($)

Revenue 360,000

Less: Wages and Salaries (200,000)

Less: Materials (75,000)

Less: New Equipment (30,000)

Less: Rented Property (20,000)

Less: Interest Costs (35,000)

Profit/Loss 0

As confirmed from the calculation above currently no profit is being earned even after the owner/manager not receiving income from the firm. Therefore, the firm should generate additional revenue of $90,000 in order to earn normal profit.

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3 years ago

A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactu

Natali5045456 [20]

Answer:

insourced

Explanation:

A Japanese auto company recognized the quality of air-conditioning systems that a U.S. company in Indiana successfully manufactured for the U.S. auto industry. Rather than build its own, it <u>insourced</u> the air-conditioning component of its models to the U.S. company, which provided several jobs for skilled tradespersons in that state.

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3 years ago

Contribution Margin Molly Company sells 37,000 units at $19 per unit. Variable costs are $11.59 per unit, and fixed costs are $1

yarga [219]

Answer:

(a) Contribution margin ratio = 0.39, or 39%

(b) the unit contribution margin = $7.4 per unit

Explanation:

Total revenue = 37,000 × $19 = $703,000

Total variable cost = 37,000 × $11.59 = $428,830

Margin = $703,000 - $428,830 = $274,170

(a) the contribution margin ratio

Contribution margin ratio = $274,170/$703,000 = 0.39, or 39%

(b) the unit contribution margin

Unit contribution margin = $19 - $11.59 = $7.4 per unit

(c) income from operations

Income from operations = $274,170 - $109,700 = $164,470

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3 years ago