Answer:
47.4%
Explanation:
A. Expected golfers
440,000
B Revenue (440,000 × $84)
$36,960,000
C. Variable cost (440,000 × $17)
$7,480,000
D = B - C Contribution margin
$29,480,000
E Fixed cost
$20,000,000
F = D - E Profit
$9,480,000
G Assets
H = F/G × 100 Return on assets
47.4%
Answer:
Betty's AGI = $28,934
Complete Page 1 of Form 1040 for Betty is attached.
Explanation:
<u>Adjusted gross income:</u>
Adjusted gross income (AGI) is an income measurement for the purpose of calculation of tax payable.
AGI is calculated by deducting allowable deduction from taxable income.
<u>Notes for the working attached:</u>
- The salaries and expenses are deductible as business expenses.
- Depreciation and real estate taxes are deducted as rental/royalty-related deductions.
- Interest income is included in the adjusted gross income.
- Alimony expenses are deductible from the adjusted gross income.
- The revenue from apartment building is assumed as interest income and NOT the total income.
- The real estate and charitable contributions are itemized deductions.
Answer:
a. explicit cost
b. explicit cost
c. implicit cost
d. implicit cost
Explanation:
Explicit costs can be defined as the actual costs incurred to run the business like supplies, utilities, materials or wages, while implicit costs can be defined as the opportunity cost of running the business like the potential salary of working in another job or the possible revenue of renting the current operating location.
a. The wages and utility bills that Sam' pays - explicit cost (actual costs)
b. The wholesale cost for the guitars that Sam' pays the manufacturer - explicit cost (actual costs)
c. The rental income Sam' could receive if he chose to rent out his showroom - implicit cost (potential revenue lost)
d. The salary Sam' could earn if he worked as a financial advisor - implicit cost (potential revenue lost)
Answer:
a) increasing government spending or cutting taxes
Explanation:
Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:
1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.
Increasing government spending increases money supply which increases consumption spending.
2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.
Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.
I hope my answer helps you
Answer:
2.11%
Explanation:
From the information given; we use the Excel spreadsheet to compute the difference between this bond's YTM(Yield to maturity) and its YTC(Yield to call).
From the diagram; we will see that the
YTM(Yield to maturity) = 8.91%
YTC(Yield to call).= 6.81%
Therefore the difference between this bond's YTM and its YTC = (8.91 - 6.81)%
the difference between this bond's YTM and its YTC = 2.11%
