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3 years ago

11

Apple's $3 billion acquisition of Beats Electronics and Beats Music in 2014 was an attractive strategy option for entering promi

sing new industries in headphones and streaming music services because it

1 answer:

Monica [59]3 years ago

8 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Remember that Molly has a $2500 down payment saved for this purchase. The dealer will take the $500 Cash Allowance straight off

Ksivusya [100]

Answer: $3000

Explanation:

Based on the information given, the amount of loan that Milly needs will be the addition of the down payment and the cash allowance and this will be:

= Down payment + Cash allowance

= $2500 + $500

= $3000

Molly needs a loan of $3000

4 0

3 years ago

Read 2 more answers

__________ unemployment results when the demand for labor varies during the year.

kodGreya [7K]

Answer: Seasonal Unemployment.

Explanation:

Seasonal unemployment refers to the unemployment which occurs when people are suffering from unemployment during the year, this is because of the lower demand for labor than it was usually.

Their are some examples where seasonal unemployment could be a big problem such as tourist areas where work is available for a few months in a year. So, tourist compensate for the remaining months in which work is not available from saving extra in a peak tourist season.

8 0

3 years ago

Scott Company has 5 sales employees, each of whom earns $16,000 per month and is paid on the last working day of the month. Each

pogonyaev

Answer:

Scott Company

Journal Entries:

January 31:

Debit Payroll $80,000

Credit Salaries Payable $57,200

Credit Payroll Taxes Payable $22,800

To record the salaries and taxes payable.

Debit Salaries Payable $57,200

Debit Payroll Taxes Payable $22,800

Credit Cash $80,000

To record the payment of the salaries and taxes.

Explanation:

a) Data and Calculations:

Number of sales employees = 5

Salary per month = $16,000 each

Withholding taxes:

FICA social security taxes of 6.2% = $992

Medicare taxes 1.45% = $232

Federal income tax = 16% = $2,560

Monthly Medical Insurance = $440

FUTA = 0.8% of the first $7,000 = $56

SUTA = 4.0% of the first $7,000 = $280

Total withholding tax deductions = $4,560

Payroll total ($16,000 * 5) = $80,000

Withholding taxes for each:

FICA social security taxes of 6.2% = $992 * 5 - $4,960

Medicare taxes 1.45% = $232 * 5 - $1,160

Federal income tax = 16% = $2,560 * 5 - $12,800

Monthly Medical Insurance = $440 * 5 - $2,200

FUTA = 0.8% of the first $7,000 = $56 * 5 - $280

SUTA = 4.0% of the first $7,000 = $280 * 5 - $1,400

Total withholding tax deductions = $4,560 * 5 = $22,800

Net pay = $57,200

5 0

3 years ago

If total liabilities decreased by $15,000 and stockholders' equity increased by $10,000 during a period of time, then total asse

scoray [572]

Answer:

The total assets must change by B) $5,000 decrease

Explanation:

hi, remember that:

$Assets=Liabilities+Equity$

If liabilities decrease by $15,000 and equity increases by $10,000...

$Assets=(Liabilities-15,000)+(Equity+10,000)$

$Assets=Liabilities+Equity-5,000$

Therefore, to balance this equation, we have to substract -$5,000 from the assets, therefore, the assets decrease by 5,000, which is B)

Best of luck.

4 0

3 years ago

The accounting profit is equal to

Archy [21]

Is the monetary costs a firm pays out and the revenue a firm receives. It is the bookkeeping profit<span>, and it is higher than economic </span>profit<span>. </span>Accounting profit<span> = total monetary revenue- total costs.</span>

7 0

3 years ago