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3 years ago

The contract will be awarded to ____ meets our qualifications. whomever whoever

Business

1 answer:

diamong [38]3 years ago

7 0

Answer will be whoever

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The government sets a price ceiling for a monopoly that is below the profit-maximizing price but above the level at which the

Goshia [24]

As a result of the price ceiling, the monopolist will "produce more than the monopoly level of output ".

The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.

8 0

3 years ago

Crane Company acquired a tract of land containing an extractable natural resource. Crane is required by its purchase contract to

Fittoniya [83]

Answer:

$3.28 per ton

Explanation:

Total value = Land + Estimated restoration costs

= $7,440,000 + 1,440,000

= $8,880,000

Value for depletion = Total value - Salvage value

= $8,880,000 - $940,000

= $7,940,000

Per ton Depletion:

= Value for depletion ÷ Recoverable reserves

= $7,940,000 ÷ 2,420,000 tons

= $3.28 per ton

7 0

3 years ago

Risk can be thought of as the possibility of incurring??

tia_tia [17]

Answer:

Risk can be thought of as the possibility of incurring a loss.

Explanation:

Loss.

4 0

3 years ago

What is the main thing you can learn from an income statement?

balandron [24]

Your detailed expenses cost of sales and if the business made a profit or loss.

7 0

3 years ago

Read 2 more answers

Damerly Company (a Utah employer) wants to give a holiday bonus check of $350 to each employee. Since it wants the check amount

Nastasia [14]

Answer:

$350

Explanation:

Calculation for the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative

Social Security rate 6.20%

Medicare rate 1.45%

Federal Income tax 22.00%

State income tax 5.00%

Total tax percentage 34.65%

Calculation for the Required gross bonus

Required gross bonus =$350/(1-34.65%)

Required gross bonus=$350/1-0.3465

Required gross bonus=$350/0.6535

Required gross bonus=$535.57

Gross bonus amount $535.57

Federal Income tax withheld (117.82) ($535.57*22%)

OASDI tax withheld (33.20)

($535.57*6.2%)

HI tax withheld (7.76)

($535.57*1.45%)

Utah Income tax withheld (26.77)

($535.57*5%)

Take home bonus check $350.00

Therefore the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative will be $350.00

4 0

3 years ago