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larisa [96]
3 years ago
5

Which option best defines taxable income?

Business
1 answer:
Paha777 [63]3 years ago
7 0

Taxable income is The amount of your income, after it has been reduced by exemptions, deductions, and credits, that is used to calculate the tax you owe.

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Let's assume that a firm produces 40 products. Its total weekly cost (TC) at this output is $1200. This includes TVC and TFC. We
ikadub [295]

Answer:

$15

Explanation:

The computation of the average fixed cost is shown below:

As we know that

Average fixed cost is

= Total fixed cost ÷ Quantity

where,

Total fixed cost is

= Total cost - total variable cost

= $1,200 - $200 × 3

= $1,200 - $600

= $600

And the quantity is 40 products

So, the average fixed cost is

= $600 ÷ 40

= $15

3 0
3 years ago
Butler corporation is considering the purchase of new equipment costing $30,000. the projected annual after-tax net income from
yKpoI14uk [10]
Net annual cash flows
1,200+10,000=11,200

Net present value is
PV of annual cash flows-project investment
11,200×2.4018−30,000=(3,100)
4 0
3 years ago
Read 2 more answers
As an 18 year old in Alabama I know that the age majority is 19, and I can't drop out of high school without parent permission b
Julli [10]

Answer:

No, Alabama can't make you come back. But that is just my opinion. Please don't listen to me

3 0
2 years ago
Read 2 more answers
In Albany, Georgia, the bars and restaurants built outdoor seating areas after the city passed laws banning indoor smoking to ac
stepan [7]

Answer:

B) political-legal forces

Explanation:

The restaurants are acting based on a new city law that bans indoor smoking.

Political and legal environmental forces are simply changes in existing laws or new laws that alter the market or business environment of a company. Usually when people refer to political forces, they mean macroeconomic factors like change in taxes, new trade policies, etc. And when they refer to legal forces it means more specific factors like changes in property laws, anti-discrimination laws, or no smoking laws.

6 0
3 years ago
Which of the following are characteristic s of customs and usage?
GaryK [48]

Answer:

primary source of law, oral, and repetitive

Explanation:

In legal terms, custom and usage is a doctrine widely used in commercial law, since they are a long established practice which many courts consider unwritten laws. Laws are formal and always written, but custom and usage is not formal nor written.

Usage refers to the general repetition of a certain act, while custom refers to the rules that result from such repetitions and usage.

5 0
3 years ago
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