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Ainat [17]
3 years ago
9

Which of the following options correctly completes the sentence?

Business
1 answer:
Komok [63]3 years ago
4 0

Answer:

The correct answer is letter "D": For prior years were received in the current years.

Explanation:

The Social Security lump-sum election refers to a payment made in the current year based on similar payments sent on previous years. That payment could be subject to taxes. The <em>Average Gross Income</em> (AGI) of the taxpayer will determine if the lump-sum is taxable or not.

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The projections for a new project show sales of 8,500 units, give or take 5 percent. The expected variable cost per unit is $28.
vitfil [10]

Answer:

$56,950

Explanation:

We will calculate the operating cash flow as follow;

OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)

= {[$224,230] - $170,000} × 0.65 + ($21,700)

= $35,249.5 + $21,700

= $56,950

Therefore, the operating cash flow is $56,950

8 0
3 years ago
Julie transferred a building with an adjusted basis of $240,000 for another building with a fair market value of $350,000 and $2
NARA [144]

Answer:

$135,000

Explanation:

The realized gain can be calculated as under:

Realized Gain = Market Value received    -   Adjusted Basis

Here

Market Value received is $375,000 (350k + 25k)

Adjusted Basis $240,000

By putting values, we have:

Realized Gain = $375,000 - $240,000 = $135,000

7 0
3 years ago
Harvey quit his job at State University, where he earned $45,000 a year. He figures his entrepreneurial talent or forgone entrep
son4ous [18]

Answer:

The options are wrong,find below correct multiple choices:

$605,000

$825,000

$655,000

$150,000

The correct option is $605,000

Explanation:

Explicit costs are costs  incurred  that require actual cash settlement not costs of alternative forgone as in the case of implicit costs.

There is only example of explicit cost for Harvey Business in the first year of operation,which is the cost of production,packaging,marketing,employee wages and benefits and rent on a building.

In other words,the explicit costs incurred in year one =$55*11,000 units

                                                                                          =$605,000

The correct option  is the of those ones provided above.

3 0
3 years ago
Explain the three macroeconomic goals of economic systems
Debora [2.8K]

Answer:

The three major macroeconomic goals of an economy should be economic growth, low unemployment/full employment, and low inflation rates. Economic growth occurs when an economy ‘increases its ability to produce goods and services’

Explanation:

8 0
3 years ago
g A decrease in Inventory is reported as: Group of answer choices Operating Activities, Positive cash flow adjustment to net inc
Nonamiya [84]

Answer:

Positive cash flow adjustment to net income Operating Activities

Explanation:

A decrease in inventory presents a saving on the Company side in Cash Flow terms in ordinary course of business (operations). Therefore, the correct option is : A decrease in Inventory is reported as a Positive cash flow adjustment to net income Operating Activities.

3 0
2 years ago
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