Q: A certain country taxes the first $20,000 of an individual'sincome at a rate of 15%, and all income over 20,000 is to be taxesat 20%. Find a piecewise-defined function T that specifies thetotal tax on an income of x dollars.
A: T(x) = {.15x if 0 {.20x- 1000 if x>20,000
Answer:
Allocated MOH= $158,000
Explanation:
Giving the following information:
The standard direct labor quantity is 4 hours per lamp, and the company produced 9,800 lamps in January. This required 39,500 direct labor hours.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 4*39,500= $158,000
Answer:
Acid-test (quick) ratio=0.76642
Explanation:
Given Data:
Current Assets=$193,000
Current Liabilities=$137,000
Cash=$62,000
Accounts receivable=$43,000
Inventory=$88,000
Required:
Acid-test (quick) ratio=?
Solution:
Quick Assets=Cash+Accounts receivable
Quick Assets=$62,000+$43,000
Quick Assets=$105,000
Acid-test (quick) ratio=Quick Assets/Current Liabilities
Acid-test (quick) ratio=$105,000/$137,000
Acid-test (quick) ratio=0.76642
Answer: trade deficit.
Explanation:
Countries have to trade with other nations in order to have access to other goods and services and sometimes these countries can import more goods and services than they export. When this happens this is called a Trade deficit.
Trade deficits can be bad because it means that a country is spending more outside than it is receiving so a sustained trade deficit is not ideal.
Answer:
An employment agency
Explanation:
An employment agency is a firm whose primary purpose is to connect employers and employees. The agency does not employ people but aims at placing them for employment in other organizations. The agency matches the job opening in organizations and available skills.
In some countries, employment agencies can be government-owned or private businesses. Organizations that employ though agencies will save on time and recruitment costs.
