<span>This answer should be "c" the top 20%. The income is clearly not middle income level, which would be d or a. It is definitely not b- bottom 20%. Therefore we are left with c- top 20% and this jives with my own experience. 1% would include millionaires and above, therefore we are left with a relatively small group of high income earners who aren't necessarily millionaires- in the sense that they earn a million or more per year.</span>
Answer: (C) Shakeout stage
Explanation:
The shakeout stage is one of the term which is used to refers to the business that helps in describe about the various types of industries which is specifically eliminating due to the competition factor in the market.
The shakeout stage is basically occur when an organization is experience a quick growth and then generating the various types of negative flowing in terms of cash.
According to the given question, the shakeout stage is one of the type of industry life cycle stage in the television industry that helps in holding the shrinking market place.
Therefore, Option (C) is correct answer.
The total goods available for sale for the period is computed as follows:
Inventory, beg (200 @ $10) ----------------------------------------$2,000
1st Purchase (350 @ $15) ---------------------------------------------5,250
2nd Purchase (450 @ $20) ------------------------------------------9,000
3rd Purchase (100 @ $25) -------------------------------------------2,500
Total Goods Available for Sale -----------------------------------$18,750
(a) In computing the Ending Inventory and Cost of Goods Sold using FIFO method:
Total Goods Available for Sale ---------------------------------- $18,750
Less: Ending Inventory* -------------------------------------------- 4,900
Cost of Goods Sold --------------------------------------------------$13,850
*Ending Inventory
Inventory, beg ---------------------------------------------------------- 200
Total Purchases -------------------------------------------------------- 900
Total Available Units ------------------------------------------------- 1,100
Less: Units Sold ------------------------------------------------------- 880
Inventory, end --------------------------------------------------------- 220
Cost of Ending Inventory
100 × $25 = $2,500
120 × $20 = 2,400
220 $4,900
(b) In computing the Ending Inventory and Cost of Goods Sold using LIFO method:
Total Goods Available for Sale ---------------------------------- $18,750
Less: Ending Inventory* -------------------------------------------- 2,300
Cost of Goods Sold --------------------------------------------------$16,450
*Ending Inventory
Inventory, beg ---------------------------------------------------------- 200
Total Purchases -------------------------------------------------------- 900
Total Available Units ------------------------------------------------- 1,100
Less: Units Sold ------------------------------------------------------- 880
Inventory, end --------------------------------------------------------- 220
Cost of Ending Inventory
100 × $20 = $2,000
120 × $15 = 300
220 $2,300
(c) The Gross Margin for FIFO and LIFO
FIFO LIFO
Sales (880 @ $40) ------------------------$35,200 -------------------$35,200
Cost of Goods Sold ---------------------- 13,850 -------------------- 16,450
Gross Margin --------------------------------$21,350 ------------------- $18,750
Answer:
1. 26.79%
2. No
Explanation:
a. The computation of debt payment to income ratio is shown below:
The income would be equal to
= Monthly gross income - federal, state, and local income tax - social security taxes - IRA
= $3,500 - $820 - $370 - $220
= $2,090
And, the debt payments equal to
= Visa card + master card + automobile loan
= $125 + $120 + $315
= $560
So, the debt payment to income ratio would equal to
= $560 ÷ $2,090
= 26.79%
b. we conclude that debt percentage is more than the monthly payments.
The correct answer is choice D.
In this choice you first add 8 + 7 inside of the parentheses. Remember, using the correct order of operations, you do what is inside of the parentheses first, and then multiply by the 2 which is outside of them.