Answer:
two advantages are having your own buisness and being able to make money, and doing what you love (or like)
two disadvantages are the cost of owning a buisness, and a building to have it in.
Explanation:
These firms do not have perfect market information to know all the price charges by different sellers,the quality the market demand and supply is etc.
Answer:
Budgeted selling and administrative expense= $38,600
Explanation:
Giving the following information:
Variable expenses are expected to be $13,400 in the first quarter, and $3,900 increments are expected in the remaining quarters of 2017. Fixed expenses are expected to be $21,300 in each quarter.
We need to determine the budgeted selling and administrative expense for the second quarter:
Budgeted selling and administrative expense= (13,400 + 3,900) + 21,300
Budgeted selling and administrative expense= $38,600
The question is incomplete. However, it is about the calculation of after-tax cost of payment
Answer:
After-tax cost = payment*(1-0.37)
Explanation:
The after-tax cost is the net cost after the deduction of the amount of tax from the actual payment. In most cases, the value of the tax deduction is determined by multiplying the marginal tax rate with the payment. Then, the magnitude of the after-tax cost can be estimated by subtracting the payment from the tax deduction.