Answer:
The Adams Independent School District
Preferable offer for the sale of a parcel of unimproved land:
Baker Motors $2.1 million to open a car dealership
Explanation:
a) Data:
Organization/Company Offer Proposed Use
The State's Department
of Public Safety (DPS) $2.3 million New state highway patrol barracks
The Second Baptist
Church $2.2 million Start a church school
Baker Motors $2.1 million Open a car dealership
b) From a long-term perspective, the probably preferable offer is the Baker Motors $2.1 million to open a car dealership. It is a business whose sales will be subject to ad valorem taxes, which will yield income for the local and state governments, who fund the School District.
Answer:
Option A: Must be calculated on earned income as well as adjusted gross income in some cases
Explanation:
Earned Income Credit also abbreviated to EIC is known to be a refundable tax credit. It is usually for qualified (low-income) taxpayers who have earned income such as wages.
Earned income are simply wages, self-employment income, and eligible disability pay.
The reason/purpose of the Earned Income Credit is to limit or reduce the tax burden on working families with lower earned income.
One advantage of training is that it can enhance employees' skillset within the organisation overall. A disadvantage is that training can be costly especially if employees leave taking their skills elsewhere.
Answer: higher
No comparative advantage
Explanation:
For tom -
The opportunity cost for making dishes : 4 / 16 = 0.25
The opportunity cost for making fences : 16 / 4 = 4
For Jerry :
The opportunity cost for making dishes = 7 / 14 = 0.5
The opportunity cost for making fences : 14 / 7 = 2
Comparative advantage in the production of a good or service occurs when a person/ country has lower opportunity cost in the production of a good or service.
Opportunity cost is the cost of giving up one activity in order to carry out another activity.
Opoortunty cost = activity sacrificed/ activity carried out.
In the production of fence, Tom has a higher opportunity cost (4) when compared to jerry (2) in the production of fence.
Answer:
a. Contribution Margin = $21,200
Explanation:
Contribution margin = Sales Value - Variable Expenses
Here it is provided that
Sales for Jones = $40,000
Less: Variable Expenses
Cost of goods sols = ($4,800)
Variable Promotion costs = ($8,000)
Variable Sales Commission = ($6,000)
Net Variable Expenses = ($18,800)
Contribution Margin = $40,000 - $18,800 = $21,200