Kevin must take in $2,500 into his gross income. This is for
the reason that the $13,000 ($70,000 -$57,000) discount got on the M3 is bigger
than the qualified employee discount of$10,500 (sales price of $70,000 multiplied
by the average gross profit percentage of 15%). There is no gross income from
the acquisition of the 530 because the $9,000 ($63,000 - $54,000) reduction is
less than the qualified employee discount of $9,450 ($63,000 multiplied by the
average gross profit percentage of 15%).
Answer:
correct option is a. decrease by $80,000
Explanation:
given data
stock dividend = 10%
common stock = $5
Chief = 80,000 shares
market value = $10
to find out
Chief's retained earnings will
solution
here retaining earning will be decrease by the maount of stock dividend that is
retaining earning = $80,000 × 10 % × $10
retaining earning = $80,000 × 0.10 × $10
retaining earning = $80000
so here correct option is a. decrease by $80,000
If 97% came from domestic sources then 3% came from foreign sources. This means that $450,000 is 3/100 of the total amount. You need to divide 450,000 by 3 to get 1/100 (1%) of the total amount, then multiply that number by 100 to give you the sum of 100/100 (100%) of the company's revenues:
450,000/3=150,000×100= $15,000,000
So, the company made $15,000,000 last year
Answer:
Netsuite
Hope this answer helps you :)
Have a great day
mark brainliest
Answer:
The correct answer is letter "C": Her monthly payments will start lower and end higher.
Explanation:
As its name says, graduated repayment plans are those set to establish the payment method college graduate students must choose to cover their debt. The repayment plan has a length of <em>120 months or 10 years</em> and the monthly payments increase usually every two years.
