The correct answer is D , Hope this helps you
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 three main types of merger are horizontal mergers which increase market share, vertical mergers which exploit existing synergies and concentric mergers which expand the product offering.
Explanation:
Answer:
market forces are much stronger than individual firms are
Explanation:
In a competitive market, firms are price takers. They do not set the price for their products. Prices are set by market forces.
Answer:
$30
Explanation:
2/10 net 30 means the supplier extends 30 days credit to the purchaser. If the payment is made between 10 days and 30 days, no discount is allowed.
However if the payment is made within 10 days, 2% of net purchase price would be allowed as a discount by the supplier.
Now, Net Purchases = Total invoice price - freight - purchases returns
Net Purchases = $2150 - $150 - $ 500
Net Purchases= $1500
Rate of discount = 2%
Purchases discount = 2% of 1500= $30 will be allowed if the payment is made within the discount period.
