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ANEK [815]
3 years ago
10

Exercise 22-5 fallon company uses flexible budgets to control its selling expenses. monthly sales are expected to range from $16

6,900 to $198,400. variable costs and their percentage relationship to sales are sales commissions 6%, advertising 5%, traveling 4%, and delivery 2%. fixed selling expenses will consist of sales salaries $35,300, depreciation on delivery equipment $6,600, and insurance on delivery equipment $1,000. prepare a monthly flexible budget for each $10,500 increment of sales within the relevant range for the year ending december 31, 2017. (list variable costs before fixed costs.)
Business
1 answer:
Mnenie [13.5K]3 years ago
6 0

Answer:

the 22-5 needs to up thier money

Explanation:

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When a taxpayer does not materially participate in the business activities of a trade or business (including rental activities)
Vlad1618 [11]

Answer:

Passive activity

Explanation:

Passive activities are those kind of activities which involve the business or the trade activities in which the person does not participate materially. And when the person participate materially in the activity, the person is involved in the  operations of the company on a continuous, substantial as well as regular basis.

So, in this case, the taxpayer does not participate materially in the activities of the business and the taxpayer is the partial owner, any loss which flows through to the taxpayer will subject to the passive activity rules of loss.

8 0
4 years ago
Suppose you wish to provide an accessor method for a boolean property finished, what signature of the method should be?
Westkost [7]
The answer in this question would be Public boolean is Finished. Wishing to provide an accessor method for your boolean property to finished, the signature of the method should be public boolean is Finished. So the signature you need to make in order to finished the boolean property is public boolean is Finished.
6 0
4 years ago
6.
Vikki [24]

Answer:

Brand performance

Explanation:

Brand performance is the concept that compares and contrasts the goals a brand sets and how it meets those targets.

Therefore, brand performance is the concept that describe how well a market fulfills customers needs.

The answer is D

6 0
4 years ago
Bassett Fruit Farm expects its EBIT to be $373,000 a year forever. Currently, the firm has no debt. The cost of equity is 13.2 p
julia-pushkina [17]

Answer:

The correct answer is $1,836,742.42.

Explanation:

According to the scenario, the given data are as follows:

EBIT = $373,000

Cost of equity = 13.2%

Tax rate = 35%

So, we can calculate the unlevered value of the firm by using following formula:

Unlevered value of the firm = EBIT × (1 - TAX RATE) ÷ COST OF EQUITY

By putting the value, we get

Unlevered value of the firm = $373,000 × ( 1 - 35%) ÷ 13.2%

= $373,000 × 0.65 ÷ 0.132

= $242,450 ÷ 0.132

= $1,836,742.42

6 0
4 years ago
Sandhill Company purchases an oil tanker depot on January 1, 2020, at a cost of $639,700. Sandhill expects to operate the depot
babymother [125]

Answer:

Dr Depot $639,700

Cr Cash $639,700

Dr Depot $40,070

Cr Asset retirement obligation $40,070

Explanation:

Sandhill Company Journal entries

Dr Depot $639,700

Cr Cash $639,700

Dr Depot $40,070

Cr Asset retirement obligation $40,070

8 0
4 years ago
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