Answer:
budget sale revenue = $2,069,760
Explanation:
given data
beginning inventory = 3000
sell = 11000 units
sales = 12% increase
ending inventory = 25%
surfboard costs = $100
sold = $150
to find out
How much is budgeted sales revenue for the third quarter of 2016
solution
first we will get here budget sales unit for quarter 3 that is
budget sales unit = ( 11000 × 112% ) 112%
budget sales unit = $13798.4
and
selling price is here $150
so
budget sale revenue for 3rd quarter sale is = budget sales unit × selling price
budget sale revenue = $13798.4 × $150
budget sale revenue = $2,069,760
Answer:
The solution according to the given query is provided below.
Explanation:
The given question seems to be incomplete. The attachment of the complete query is provided below.
Now,
The additional investment will be:
= ![Ending \ owner's \ equity-Beginning \ owner's \ equity+Drawings-Net \ income](https://tex.z-dn.net/?f=Ending%20%5C%20owner%27s%20%5C%20equity-Beginning%20%5C%20owner%27s%20%5C%20equity%2BDrawings-Net%20%5C%20income)
By putting the values, we get
= ![40000-25000+37000-45000](https://tex.z-dn.net/?f=40000-25000%2B37000-45000)
= ![7,000](https://tex.z-dn.net/?f=7%2C000)
Now,
The drawings will be:
= ![Ending \ owner's \ equity-Beginning \ owner's \ equity+Additional \ investment-Net \ income](https://tex.z-dn.net/?f=Ending%20%5C%20owner%27s%20%5C%20equity-Beginning%20%5C%20owner%27s%20%5C%20equity%2BAdditional%20%5C%20investment-Net%20%5C%20income)
By putting the values, we get
= ![130000-80000-25000-40000](https://tex.z-dn.net/?f=130000-80000-25000-40000)
= ![-15,000](https://tex.z-dn.net/?f=-15%2C000)
A U.S. government agency that works to assist small businesses is called the Small Business Administration(SBA).
<h3>What does the Small Business Administration do?</h3>
The Small Business Administration was established under the Eisenhower tenure in order to boost the nation's economy.
They work to help small businesses by offering them several types of support such as management training and loans.
Find out more on the Small Business Administration at brainly.com/question/13424073.
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Answer:
$99,750
Explanation:
Matulis's taxes are = (asset's fair market value - asset's basis) x corporate tax rate = ($800,000 - $325,000) x 21% = $475,000 x 21% = $99,750
Since the C corporation is turning into a S corporation it must recognize the gain on holding the asset. The Tax Cuts and Jobs Act set the corporate tax rate at 21%.
The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.
When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.
The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.
Learn more about United steelworkers of America here brainly.com/question/16996777
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