Answer:
$1,250
Explanation:
The tax in reference is capital gain tax.
The gain from this transaction is the selling price - the purchase price.
= $10,000 -$5000
=$5000
The gain is $5000
The tax on this gain will be 25% of $5000
=25/100 x $5000
=0.25 x $5000
=$1,250
Answer:
Robert F Williams
Explanation:
He was born in Monroe, North Carolina. He was elected as the local branch president of the NAACP. He was the father of the Black Power movement and civil rights leader who openly advocated armed self-defense for blacks in the 1960s. He inspired the Student National Coordinating Committee, The Revolutionary Action, and The Black Panther Party.
Answer: B) Only materials costs are relevant
Explanation:
When choosing between alternatives, the main decider is the difference in costs. The costs that are different are the ones to decide whether a company takes on a project as it will signal the financial viability of a project.
In both alternatives, the Processing costs remain at $37,000 therefore the alternative chosen is irrelevant to these costs as they will be incurred regardless of the company's choice. They are therefore not to be considered.
Material costs on the other hand vary by the alternatives and so should be considered.
Answer: Explanation:
inventory 27,000
account payable 27,000
to record purchase on account
account payable 4,100
inventory 4,100
to recordreturn of goods
account payable 22,900 (27,000 - 4,100)
discount received 458 (22,900 x 2%)
cash 22,442 (22,900 - 458)
to record payment within discount period
This strategy is an attempt to retain the consumers' perception of their product. Consumers' perception is a marketing concept that has to do with the impression that a company produces about its products. Customers perception is influenced by advertisements, reviews, social media, personal experiences, etc.
