Any Burger King restaurant is an example of a ____________

The potential gross income of a warehouse is $4,200 a month and the vacancy rate is 2 1/2%. The taxes are $3750, the monthly mai

Marrrta [24]

Answer:

$238,320

Explanation:

First we should determine the total yearly revenue:

$4,200 (monthly income) x 12 = $50,400 - 2.5% (vacancy rate) = $49,140

Now we must determine the expenses:

monthly maintenance costs = $350 x 12 = $4,200 per year

taxes = $3,750 per year

monthly reserves for replacement = $250 x 12 = $3,000 per year

management fees = $500 x 12 = $6,000 per year

quarterly landscaping fees = $600 x 4 = $2,400 per year

Total revenues $49,140

maintenance costs ($4,200)

taxes ($3,750)

reserves for replacement ($3,000)

management fees ($6,000)

<u>landscaping fees ($2,400) </u>

net profit per year $29,790

warehouse value = $29,790 / cap rate = $29,790 / 12.5% = $238,320

5 0

4 years ago

Saginaw Steel Corporation has a precredit U.S. tax of $105,000 on $500,000 of taxable income in 2018. Saginaw has $200,000 of fo

jek_recluse [69]

Answer: $42000

Explanation:

Saginaw's foreign tax credit on its 2018 tax return will be calculated thus:

= Foreign source taxable income × precredit U.S tax/Taxable income

= 200000 × 105000/500000

= 200000 × 0.21

= 42000

Therefore, the foreign tax credit will be the least between $60,000 paid to the German government or $42000. In this case, the answer is $42000

8 0

3 years ago

When Heavenly Cookies prices its sugar cookies at $1.00, they sell 75 cookies. They lowered the price to $0.50 and sold 200 cook

Arisa [49]

Answer:

Option (b) is correct.

Explanation:

At selling price = $1 and No. of units sold = 75 cookies,

Total revenue = selling price × No. of units sold

= $1 × 75 cookies

= $75

At selling price = $0.50 and No. of units sold = 200 cookies,

Total revenue = selling price × No. of units sold

= $0.50 × 200 cookies

= $100

Therefore, there is a rise in the total revenue from $75 to $100 and hence, price elasticity of demand for sugar cookies is elastic.

6 0

3 years ago

The tobler company has budgeted production for next year by quarter as follow:

Agata [3.3K]

Answer:

Purchases of Raw Material = 63200 Pounds

so correct option is (A) 63,200 pounds

Explanation:

solution

first we find Raw material that is required for production for 3rd quarter so

Raw Material Required for production = Production in units × Raw material per unit required ..........................1

put here value

Raw Material Required for production = 16000 × 4

Raw Material Required for production = 64000

and

now Beginning Inventory of Raw material for 3rd quarter so we know that Ending inventory of 2nd quarter become beginning inventory of 3rd quarter so

Ending Inventory of 2nd quarter = 3rd Quarter Production × 10%

Ending Inventory of 2nd quarter = ( 16000 × 4 ) × 10%

Ending Inventory of 2nd quarter = 6,400

so now we get Ending Inventory of 3rd Quarter Ending Inventory of 3rd quarter = 4th Quarter Production × 10%

Ending Inventory of 3rd quarter = ( 14000 × 4 ) × 10%

Ending Inventory of 3rd quarter = 5,600

so here we get Purchases of Raw Material that is

Purchases of Raw Material = Raw Material Required for production + Ending Inventory of 3rd quarter - Beginning Inventory of 3rd quarter .........2

put here value

Purchases of Raw Material = 64000 + 5600 - 6400

Purchases of Raw Material = 63200 Pounds

so correct option is (A) 63,200 pounds

8 0

3 years ago

Factors that have led to dominance of subsistence production despite development in technology in Kenya

ANEK [815]

Answer:

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Journal Information

This distinguished journal was founded and edited for more than 20 years by the late Harold Marcus, whose energy and dedication to the scholarly study of Ethiopia and its neighbors in the Horn of Africa inspired several generations of students and scholars throughout the world. While Northeast African Studies will bring some changes in focus and format, the editors remain committed to the high standards of research, writing, and production that the original journal championed.

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8 0

3 years ago

Any Burger King restaurant is an example of a _____________.