Answer:
The correct answer is $24,500.
Explanation:
According to the scenario, the given data are as follows:
Total Account receivable = $100,000
Amount collected = $70,000
So, if there is sufficient taxable income, then assume tax rate to be 35%.
So, we can calculate the Gains tax by using following formula:
Gain tax = Amount collected × Tax rate
By putting the value, we get
Gain tax = $70,000 × 35%
= $24,500.
Answer:
the net cash flow from operating activities for the year 1 is $1,100
Explanation:
The computation of the net cash flow from operating activities is shown below:
= Cash collection from account receivable - cash paid for the operating expenses
= $3,500 - $2,400
= $1,100
Hence, the net cash flow from operating activities for the year 1 is $1,100
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
- Your optimal strategy is to accept the proposed division.
- Your optimal strategy is to offer your classmate $ 0.49.
Explanation:
An optimarl strategy is one that maximizes a player’s expected payoff. In this case this is a cooperative game.
Answer:
c. Waiver of Premium
Explanation:
A waiver of premium is clause in an insurance contract in which the insurance company promises not to oblige the insurer to pay a fee to maintain the contract in some extraordinary cases: these cases are usually either disability or death.
Because in the case of this question the insured is concerned about becoming disable and losing the ability to pay for the contract, he is likely to benefit from a waiver of premium included in his insurance contract.
Answer:
a. desirable because of the interdependencies between and among functions.
Explanation:
Workflow management systems can be defined as a strategic software application or program designed to avail companies the infrastructure to setup, define, create and manage the performance or execution of series of sequential tasks, as well as respond to workflow participants.
Some of the international bodies that establish standards used in workflow management are;
1. World Wide Web Consortium.
2. Workflow Management Coalition.
3. Organization for the Advancement of Structured Information Standards (OASIS).
Workflow management systems enhances the automation and management of various business processes, as well as create partnership between different units through the business process.
Hence, internal business partnerships between supply and other functional areas such as marketing/sales, finance/accounting, and engineering are desirable because of the interdependencies between and among functions.
