Answer:
devopment expense 4,000,000
software package depreicaiton expense 2,000,000
training employees expense <u> 50,000</u>
Total expenses 6,050,000
Explanation:
the cost before the knowledge of future benefit will come for the development of the software is treated as expense. The reasoning behind this is the potential uncertainty about the furture at this time. The company didn't know about the likelihood of future benefits.
The toher 8,000,000 million will be amortize over a 4-year period:
8,000,000 / 4 = 2,000,000 depreciation expense
The training wil be considered expense for the period.
Answer:
Explanation:
The characteristics of money are durability, portability, divisibility, uniformity, limited supply, and acceptability.
Answer:
Decreasing taxes would result in a loss of money from government funded organizations and other government jobs. There would be a lower budget for public schools and the salaries of police forces, post offices, and teachers would be forced to be cut. However, this would also raise economic activity, increasing people's ability to buy and coontribute more to the flow of money.
Explanation:
Answer:
a. Demographic
Explanation:
In demographic segmentation market is segmented on the basis of variables like age, gender, family size, marital status, occupation, religion, income, employment etc.
Therefore, Demographic segmentation is the most common basis of consumer market segmentation because these segments are easy to define and usually easy to reach.
<u>Answer:</u>Net Bi weekly pay is $519
<u>Explanation:</u>
Calculation of weekly pay
Given
No of hours 20
Per hour pay $15
Weekly pay = 15 x 20
=$300
Payment received is bi weekly so it is $600 for two weeks.
Calculation of bi weekly net pay
Federal income tax rate (600 x 4.87%) $29
State income tax rate (570 x 1.04%) $6
FICA and state insurance taxes (564 x 7.65%) $46
Total deductions $81
Net pay = Bi weekly salary - deductions
=600-81
=$519
Net Bi weekly pay or take home after deductions is $519
