Answer:
Gross profit= $328
Explanation:
Giving the following information:
Sales revenue= $800
Total costs= $472
To calculate the total profit of this company, all we have to do is deduct from earnings all the cost components. I will assume that total costs include both fixed and variable costs.
Gross profi= 800 - 472
Gross profit= $328
Answer:
D
Explanation:
A statement of the basic purpose that makes the organization different from others.
Answer:
The correct answer is D. the inflation differential.
Explanation:
It is the difference in the inflation rates between two geographical spaces, for example between Spain and Sweden within the EU, or Extremadura and Asturias in Spain.
If inflation occurs in the same integrated economic space, in the long term it causes loss of competitiveness, since the prices of goods and services in one area are more expensive than in another.
Answer:
B
Explanation:
That's the only one that is fair
Answer:option (e)
None of the above
Explanation:
The mid quarter convention applies to this MACRS calculation.
§ 179 expense $500,000
Additional first-year depreciation= [($650,000 - $500,000) × 0.50]
$75,000 MACRS cost recovery ($75,000 × 0.05) 3,750
Total = $78,750
Income from the business before the cost is recovered is $600,000 less. Therefore, the Total cost recovered;
Total cost recovery= (78,750)
§ 179 business income limitation $521,250
Therefore, Augie's total cost recovery deduction;
= $500,000 + $78,750
= $578,750.
