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Alina [70]
4 years ago
14

The manager of brick company is given a bonus based on income before income taxes. net income, after taxes, is $5,600 for fifo a

nd $4,900 for lifo. the tax rate is 30%. the bonus rate is 20%. how much higher is the manager's bonus if fifo is adopted instead of lifo?
Business
1 answer:
nevsk [136]4 years ago
6 0
The answer is 700 . Hope it helps
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3. Describe Kenya Airway’s solution to its problem.
KengaRu [80]

The  Kenya Airway’s solution was the use of:

  • Customer Relationship Management.
  • Sourced funds from Jomo Kenyatta International Airport
<h3>What was the problem at Kenya Airways?</h3>

Kenya Airways is known to be helped by the government and their loss was said to be linked to the pandemic of 2020 and thus they looked for  ways to raise funds.

Note that  Kenya Airways had issues with unsatisfactory customer relationship and thus they handle this as they said to fly high with Customer Relationship Management.

Learn more about Airways from

brainly.com/question/18271740

#SPJ1

6 0
2 years ago
Brian holds a meeting with all the managers in the company to identify a strategy for business growth. He tells the managers tha
Pavel [41]

Answer:

E

Explanation:

market penetration means selling exiting products in existing market which is less risky then other methods of development. this is also called aggressive marketing.

6 0
3 years ago
During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-te
Amiraneli [1.4K]

Answer: $6000

Explanation:

Financing activities are all activities that a corporation undertakes to affect the company's long-term liabilities or equity.

You list the following activities

  • receipts from customers
  • receipt from bank for long-term borrowing
  • payment to suppliers
  • payment of dividends
  • payment to workers
  • payment for machinery

Any receipts to customers or payments to suppliers are short-term reimbursements for labor or purchase of product, and as such are not included in the financing activity cash flows. Your payments for machinery are not financing activities either as machinery is not considered a liability, rather, it is an asset for the company.

However, your receipt from the bank for long-term borrowing and payments of dividends affect both long-term liabilities and equity, and those are reflected on the financing cash flows as such

Receipts from the bank for long-term borrowing - $7500

Payment of dividends                                             - ($1500)

Net cash flows from financing activities                - $6000

8 0
3 years ago
Jessica lists her faulty treadmill for sale on craigslist but does not disclose the problems with it. If Blake buys the treadmil
kiruha [24]

Answer:

D. asymmetric information

Explanation:

Asymmetric information is when parties in a transaction do not have equal information.

In this transaction, Jessica has more information than blake. She knows the machine is faulty while Blake doesn't.

I hope my answer helps you

8 0
3 years ago
Select the correct answer
Luda [366]

Answer:

option. C. $50

Explanation:

Your loss is limited to $50 if you notify your financial institution within two business days after learning of the theft.

7 0
3 years ago
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