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Soloha48 [4]
3 years ago
13

During the current year, Sam received interest income from the following investments: $400 from State of Wyoming bonds, $200 fro

m Ford Motor Co., $50 from City of Laramie bonds, $100 from U.S. Treasury bonds. How much of the interest received will be included in gross income?
a. $200
b. $700
c. $300
d. $600
Business
1 answer:
Kaylis [27]3 years ago
8 0

Answer:

b. $700

Explanation:

The City of Laramie bonds (municipàl bonds) are excluded from the federal tax income calculation thus; it should not be counted toward Sam gross income.

The rest will count getting a total of:

$400 from State of Wyoming bonds,

$200 from Ford Motor Co.,

<u> $100 from U.S Treasury bonds</u>

700 gross income

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Why would a brand seek to establish points of parity?
andrezito [222]

Answer:

A. to show that it should be seen as equal to its competitors

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Corporate branding can be defined as an act which typically involves using a company's brand name in all of the advertisement process, to stimulate a favorable action on the part of the customers.

Points of parity refers to the basic elements that a business firm is required to have, so as to be considered by its customers and potential customers for the purchase of its products or services.

This ultimately implies that, a brand would seek to establish points of parity to show that it should be seen as equal to its competitors and as such able to offer the same product quality, expertise and satisfaction.

5 0
3 years ago
What does the preamble to the Constitution envision?
OleMash [197]
"
<span><span>We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States"
</span>The preamble explains the reasons why the Framers of the Constitution made our government a republic. By doing this, the founding fathers replaced the Articles of Confederation. They had envisioned the United States as a perfect union

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7 0
3 years ago
Read 2 more answers
2. Marginal analysis is sometimes called "thinking on the
antiseptic1488 [7]

Answer:

fly.

Explanation:

Thinking on the fly is the act of analyzing something quickly and sometimes without all the facts.

6 0
3 years ago
In Waterway Company, Treasury Stock increased $20400 from a cash purchase, and Retained Earnings increased $80200 as a result of
Verizon [17]

Answer:

$59,900

<u />

Explanation:

<u>Cash flow from Financing activities</u>

Particulars                                                Amount

Cash paid for treasury stock                  $20,400

Cash dividends                                        <u>$39,500</u>

Net cash used by financing activities  <u>$59,900</u>

4 0
3 years ago
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,000 of raw materials on credit
neonofarm [45]

Answer:

$14,000 under applied

Explanation:

Given that

Material production = $203,000

Application rate = 150%

The computation of amount of overhead is shown below:-

Overhead = Material production × Application rate

= $203,000 - ($126,000 × 1.5)

= $203,000 - $189,000

= $14,000 under applied

Therefore, for computing the overhead we simply multiply the material production with application rate percentage.

3 0
3 years ago
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