Debit Advertising expense $400, credit accounts payable 400.
Answer:
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Explanation:
The teachers that Sam imitates constitute <u> models </u> for him.
One of the first learning modes that every human use is the imitation. A baby can learn by direct experience (if he touches a metallic surface in winter the baby learns it is cold) or by imitation: when the baby sees the mom talking the baby learns to move the lips. The mother is baby's first model and the baby learns by imitating her.
When we grow up, we have many models: relatives, friends, peers, teachers, and virutally any person with whom we are in contact.
Imitating continues during all the life and teachers are very important models.
Specially, when the teacher is a good example and arouses admiration, the students will trend to imitate them. Particularly, in the case of Sam who wants to be a teacher: probably Sam has had some excellent teachers whom he admires and made him to want to follow their steps, which is why he imitates them. They are a good model to follow.
Answer:
Explanation:
The diagram and step by step solution to the answer can be seen in the attached image below
KINDLY NOTE: Self Employment tax (<u><em>which can be said to be a Medicare tax and Social Security paid by self-employed individuals. It is quite similar to the FICA and usually, they are withheld from an employee’s paycheck Medicare taxes and Social Security purposes.)</em></u> is not applicable to both and the AMT is less then the actual normal tax liability so AMT provision also not applicable.
Answer:
b. 11,338 units
Explanation:
The computation of the amount of sales in units is shown below:
Let us assume the amount of sales in units is X
So, the equation is
Profit = Sales - Variable Expenses - Fixed Cost
where,
Profit = $217,000
Sales = $238 × X
Variable expense = $105 × X
And, the fixed cost is $1,291,000
So, the sales in units is
$217,000 = $238 × X - $105 × X - $1,291,000
$1,508,000 = $238 × X - $105 × X
$1,508,000 = $133 × X
So, the X = 11,338 units
I think its 32 because if you add and divide
