Answer:
B) $90,000
Explanation:
Distribution of appreciated property to the stockholders of an S Corporation are taxable, and must be recorded at fair market value. In this case, Zachariah is the only stockholder, but the same rule applies. Zachariah's taxable gain = fair market value - stock basis = $100,000 - $10,000 = $90,000.
<u>Answer:</u> Shoe cut should focus on running shoes.
<u>Explanation: </u>
The resources of the company can be fully utilized when they are on the PPF ( Production Possibility Curve). Additional goods cannot be produced without foregoing another product. For the study we can consider that in combination B 12 units of running shoes are produced and 2 units of hiking boots are produced.
If the hiking boots are foregone then 3 units of running shoes can be produced additionally. The maximum capacity for running shoes is 15 and that of hiking shoes is only 10. So the Shoe Hut should focus on producing running shoes insert.
Answer:
he manipulated songs ratings and downloaded numbers to observe the effects on songs popularity
Explanation:
he manipulated songs ratings and downloaded numbers to observe the effects on songs popularity.
Answer:
The company need to sell 12,999 boxes to produce a net income of $12,750.
Explanation:
Contribution per unit = Price * Contribution Margin ratio
Contribution per unit =$15 * 0.20
Contribution per unit =$3
Net Income before tax= $12,750 / (1 - 0.15) = $12,750 / 0.85
=$15,000
Boxes of Cupcakes to sell = [Fixed cost + Net income ] / Contribution per unit
= (23,997 + 15,000) / 3
= 38997 / $3
= 12,999 boxes
The company need to sell 12,999 boxes to produce a net income of $12,750.
