Answer:
$24,160 favorable
Explanation:
The computation of the total contribution margin sales volume variance is given below:
The Budgeted contribution margin per pound of MT is
= $40 - $20
= $20 per pound
Now the budgeted contribution margin per pound of ET is
= $60 - $30
= $24 per pound
MT's contribution margin sales volume variance is
= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound
= (3960 - 4000) × $20
= $800 Unfavorable
ET's contribution margin sales volume variance is
= (Actual sales quantity - Budgeted sales quantity) × Budgeted contribution margin per pound
= (5,040 - 4000) × $24
= $24,960 favorable
Now the total contribution margin sales volume is
= $800 unfavorable + $24,960 favorable
= $24,160 favorable
Answer:
A. To qualify for exclusion during this transaction, you must have owned and occupied for two of the five prior years ⇒<u> Sale of a home.</u>
B. This term essentially includes all income subject to federal tax ⇒ <u>Gross Income</u>.
C. Using taxable income, it is based on tax tables or tax rate schedules ⇒ <u>Tax liability.</u>
D. This term includes expenses that can only offset portfolio income. ⇒ <u>Investment expenses. </u>
<u></u>
E. This is used to offset passive income Investment expenses. ⇒ <u>Real estate or limited partnership expenses. </u>
<u></u>
F. This term includes income from self-employment ⇒<u> Active Income. </u>
<u></u>
G. This item is taxed at different rates depending on the holding period ⇒ <u>Capital gains. </u>
H. This is used to determine tax liability ⇒<u> Taxable income</u>.
I. This term includes income gained from real estate and limited partnerships. ⇒ <u>Passive income. </u>
<u></u>
J. This term refers to earnings and capital gains generated from investment holdings. ⇒ <u>Portfolio income. </u>
Answer:
Networker.
Explanation:
In this scenario, Ned Kite is a four time business owner. Also, one thing that has served Ned well throughout his entrepreneurial career is his ability to build and maintain relationships with people whose interests are similar or whose relationships could bring advantages to his new ventures. According to the textbook, Ned is a good networker.
A good networker is an entrepreneur strategizes and strives to identify his or her business idea with highly influential individuals such as lawmakers, technocrats etc. through social contacts and platforms.
Additionally, in entrepreneurship an ability to network with important and influential professionals is an essential and crucial skill that should be possessed by any entrepreneur who wishes to be successful at his or her business.
Hence, a good networker is expected to be friendly, social, be a good listener, and sincere.
<em>For reference purposes, the textbook being talked about is "Entrepreneurship: Successfully Launching New Ventures 4th Edition" written by Bruce R. Barringer and Ireland R. Duane. </em>
The process of Automated Clearing House make it take up to 4-6 business days to process payment request.
The payment request is a process initiated by the creditor and it is majorly based on website platform such as P.aypal, P.ayoneer etc.
Usually, when a payment request is initiated, a process called Automated Clearing House (ACH) is used by the financial institution to help transfer money to respective account of potential receivers.
However, the Automated Clearing House process can take up to 3,4, or 5 business days before the account will be credited even after the sender account have been debited.
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<em>brainly.com/question/11492961</em>
