An assembly line is an example of mass production
Answer and Explanation:
The computation of the federal income tax ramifications are shown below:
At the corporate level, the capital gain is
= Worth of the land - the purchased value of the land four years ago
= $240,000 - $160,000
= $80,000
Since there is four shareholders, so the amount each shareholder held is
= $80,000 ÷ 4
= $20,000
And, the David stock basis drop is
= David basis in S corporation stock - land worth + amount of each shareholder
= $270,000 - $240,000 + $20,000
= $50,000
Answer:
<u>False.</u>
Explanation:
The correct answer is: When a consumer learns about a new product for the first time and makes a decision to try it, the consumer is engaged in the adoption process.
The adoption process can be defined as the stage of consumer behavior, which he decides to adopt / buy a product. This step occurs when the judgment of the characteristics of the product in question produces positive results for the consumer.
Answer:
b. $765000
Explanation:
Depreciation is a non-cash item and as such will not be considered in the computation of the amount to be disbursed in the month.
Given that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month for direct materials, it means the company will pay 70% of the material purchase in August and 30% of July's purchase in August.
Hence, The budgeted cash disbursements for August are
= 70% * $530,000 + 30% * $370,000 + $160000 + $73,000 + $50,000
= $765,000
Answer:
The correct answer is B.
Explanation:
Economics is a social science that studies how available resources can be managed to meet human needs. It studies the behavior and actions of human beings in the face of different situations in which a need or a demand for an object or service arises.
The economy never takes into account the motivation behind an action. It simply evaluates the need that is satisfied, the management of resources to meet it and the actions that are carried out to achieve the objective.
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