Answer:
a. 6,628
Explanation:
Sales forecast for current year June month = 6,435 cases*(1+0.03) = 6,435 cases*1.03 = 6,628.05 cases
Total sales for June in current year = Sales forecast for June + increase in sales due to promotion = 6,628.05 cases + 500 cases = 7,128.05 cases
Answer:
The opportunity cost is $7.
Explanation:
The opportunity cost involved in a decision is the cost of sacrificing its second-best alternative.
A college student could babysit her professor's child at an hourly wage of $7; she could work at the college library at a wage of $6; or she could finish her economics homework assignment.
If she decides to finish her assignment she is letting go wage of $7 and $6. Here, the second-best alternative is $7, so it is the opportunity cost.
<span>Herman would have to take action if he find's out from Sally that Jake has a visual impairment. He would have to consider whether or not he could reasonably make changes that would allow Jake to still do his job, or if the needed changes would cause an undue hardship on the business.</span>
Answer:
$15,000
Explanation:
Given that,
Credit balance in Unearned Revenue account = $10,000
Advance payment by a customer = $12,000
Revenue earned during January = $7,000
Balance in unearned revenue:
= Credit balance in Unearned Revenue account + Advance payment by a customer - Revenue earned during January
= $10,000 + $12,000 - $7,000
= $15,000
Therefore, the balance in Unearned Revenue on January 31, 2019 is $15,000.
Answer:
The correct answer is option d.
Explanation:
The marginal tax rate is the ratio of change in the tax rate and change in the tax base. In other words, it is the ratio of change in an individual's tax payment and change in his/her taxable income.
It can be defined as the tax rate on an additional dollar of income. If the marginal tax rate increases with the increase in income, the taxation system is progressive.