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mash [69]
3 years ago
12

Which one of the following statements concerning interest rates is correct?

Business
1 answer:
DIA [1.3K]3 years ago
6 0
Where is the statements or answer choices?
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Assume a firm increases its revenue by $100 while increasing its cost of goods sold by $85. How much additional tax will the fir
natka813 [3]

Answer:

Additional tax the firm will owe: $3.15

Explanation:

Marginal tax rate is calculated by following formula:

Marginal tax rate = Change in taxes paid/Change in income

Change in taxes paid = Marginal tax rate x Change in income

The firm increases its revenue by $100 while increasing its cost of goods sold by $85.

Change in income = $100 - $85 = $15

Additional tax the firm will owe = $15 x 21% = $3.15

8 0
2 years ago
Read 2 more answers
Todd Enterprises is preparing a cash budget for the second quarter of the coming year. The following data have been forecasted:
Fudgin [204]

Answer:

The answer is attached for ready reference

Explanation:

Please note no effect for depreciation is taken as it is non cash item.

The may ending balance is having a surplus of $103,300              

Download xlsx
8 0
3 years ago
Oxford packing company reported net sales in november of the current year of $1,000,000. at the beginning of november, the compa
creativ13 [48]
<span>First we must determine the cost of goods sold during November. For this we use beginning inventory ($368,000) + purchases ($217,500) - ending inventory ($226,750). This gives us a total cost of goods sold for November of $358,750. Then, we take the net sales ($1,000,000) minus the cost of goods sold ($358,750) which equals our gross profit of $641,250. Finally we divide gross profit ($641,250) by net sales ($1,000,000) to determine the gross profit rate to be 64.125%</span>
8 0
3 years ago
A successful manager is most likely to have:________
rewona [7]

Option [D] is the correct answer.

A successful manager is most likely to have a reactive personality. In addition to leading teams and fostering their growth, excellent managers may simultaneously exercise complete control over their company's operations and results.

<h3>Difference between a Manager and a Leader</h3>

A manager is not the same thing as a leader. A leader prioritizes the development and well-being of your team members while a manager may be responsible for work delegation and timekeeping. The best managers are adept at performing both tasks and can effectively leverage each employee's abilities to create a successful company. Deborah Sweeney, vice president and general manager of business acquisitions at Deluxe Corp., asserts that effective managers accomplish this by utilizing their emotional intelligence and soft skills.

To know more about ' Good Managerial Skills' , visit:brainly.com/question/24215941

#SPJ4

8 0
2 years ago
Breadmakers, inc. produces and supplies fresh sandwich breads to various sandwich businesses. breadmakers has recently decided t
yarga [219]
<span>the answer is Direct distribution Direct distribution is a channel of distribution where the producer or manufacturer ensures his or her goods and services reaches the consumer without any intermediary like wholesalers or retailers, in this case all the middle players in the supply chain are eliminated. By opening its own stores for selling sandwiches to consumers, Breadmakers, inc. will be doing a direct distribution (direct supply to consumers)</span>
5 0
3 years ago
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