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Rufina [12.5K]
3 years ago
5

Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu

tting many miles on his vehicle. What’s the best transportation option for Jim?
Business
1 answer:
jolli1 [7]3 years ago
5 0
I would say bike or bus.
You might be interested in
Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages. Michael Mirer worked for Dawson Company for six months t
lisov135 [29]

Answer:

$83.4

Explanation:

Under FUTA, only the first $7000 earning per year will be taxed. Any amounts above $7000 will be tax-exempt.

For Michael, the tax will be calculated as follows.

for the$11200 earned in Dawson company

=0.6% x $7000

=0.06/100 x 7000

=0.006 x 7000

=$42

Amount earned working at McBribe

=0.06% x 6900

=0.006 x $6900

=$41.4

Total to be paid by the two companies

=$42 + $ 41.4

=$83.4

5 0
3 years ago
Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.
aliina [53]

Answer:

An S corporation.

Explanation:

The S corporation was formed by Congress, for use by small business owners, offering the best characteristics of both a C corporation and a partnership.

It has become the most popular business entity type in recent years. Numerous studies indicate lower overall taxes are paid when an S corporation is utilized.

Common Characteristics of S and C Corps:

-Same liability protection

-Separate legal entities

-The owners are shareholders

-Long standing case law

-Easy transfer of ownership

-Broader range of deductible expenses

6 0
3 years ago
The following information is available for MVF Company(dollar amounts are in millions)
Klio2033 [76]

Answer:

                                           2016            2015          2014           2013

gross profit%                     26.29%        22.58%      22.45%     22.41%

Inventory turnover          6.58               7.64            7.6             7.94

cost of material %          59.89%       51.76%         89.82%       51.10

b. gross%  has increased this may be due to a high demand, and intense marketing.

inventory turnover has decreased this may be due to new competition, or introduced product(new product)

cost of material purchased % it has increased in 2016, this may be due to increased production and effective use of material.

Explanation:

gross profit % =gross profit/ sales

gross profit = sales less cost of sales

inventory turnover = cost of sales / average inventory

average inventory = (opening inventory + closing inventory )/2

cost of material purchased/ cost of finished goods

finished goods = cost of sales + closing - opening goods

4 0
3 years ago
The immediate-short-run aggregate supply curve represents circumstances where: A. both input and output prices are fixed. B. bot
Butoxors [25]

Answer:

Option A

Explanation:

The correct answer is  Option A.

immediate-short-run last as long as both input and output prices are fixed.

In economics, the supply curve is the representation of the relationship between the price of the product and the quantity of the product.    

The price of the product is represented on the vertical axis whereas on horizontal axis quantity is represented.

5 0
3 years ago
If the balance on the current account is $346 billion and the balance on the financial account is -$204 billion, what is the bal
Zina [86]

Answer:

The balance on the capital account=-$142 billion

Explanation:

The formula for determining the balance on the capital account can be expressed as;

CU+FA+CA+SD=0

where;

CU=balance on the current account

FA=balance on the financial account

CA=balance on the capital account

SD=statistical discrepancy

In our case;

balance on the current account=$346 billion

balance on the financial account=-$204 billion

balance on the capital account=unknown=c

statistical discrepancy=0

replacing;

346+(-204)+c+0=0

142+c=0

c=-142

The balance on the capital account=-$142 billion

6 0
3 years ago
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