Answer:
$4,000
Explanation:
First, you have to determine the 80% of $250,000:
$250,000*0.8= $200,000
Then, you can use the rule of three to determine the annual tax:
$2→$100
x ← $200,000
x=(200,000*2)/100=$4,000
According to this, the answer is that if the tax rate is $2.00 per $100, the annual tax is $4,000.
Answer:
The statement is: True.
Explanation:
Physical security attacks for an organization imply talking about <em>theft and burglary, vandalism, or terrorism</em>. Any of those would remove or harm the material assets of the organization and there might be losses that the company could not recover -confidential strategies, projects, recently developed software. Thus, the primary worry of any organization should be safeguarding its assets from these types of attacks.
Answer:
COGS= $130,000
Explanation:
Giving the following information:
A retail operation has an average gross margin of 35%.
Sales= $200,000.00
<u>To calculate the cost of goods sold, we need to use the following formula:</u>
Gross margin= sales - COGS
COGS= sales - gross margin
COGS= 200,000 - (200,000*0.35)
COGS= $130,000
Answer:
The correct option is option a)
often fails to live up to its hype
Explanation:
According to the textbook, starting a business to make a lot of money often fails to live up to its hype.
