Answer:
Are you sure you copied the options correctly?
When you do the math, $127,682 x 0.237 = $30,261
the closest option is d. $30,471.
average tax rate = $30,471 / $127,682 = 23.86%,
Explanation:
the company's total tax liability = total taxable income x average tax rate
total amount of taxes paid = $127,682 x 23.7% = $30,260.63 ≈ $30,261
The formula used to calculate average tax rate = total taxes paid / total taxable revenue. To determine total taxes paid you just need to adjust this formula.
Answer:
$165,000
Explanation:
The computation of the amount of over- or underapplied overhead is shown below:
The Predetermined overhead rate is
= Predetermined overhead ÷ direct labor cost
= ($300,000 ÷ $200,000)
= 150% of direct labour cost
Now
overhead applied is
= (150% × $280,000)
= $420,000
And,
Actual overhead=$255,000
So,
overhead overapplied is
= $420,000 - $255,000
= $165,000
<u>Answer: </u>True
<u>Explanation:</u>
To maintain the competitive advantage of the business the managers of international business adapt to local adaptation strategy. International markets have different languages and culture it is necessary to promote business in the local language to reach the target market accordingly.
The multinational companies have their offices, distribution and production in different countries but they maintain same set of policies and procedures which makes decision making quick and easier. Through this way they maintain the global consistency.
Answer:
The correct answer is letter "D": unsupported generalization.
Explanation:
Unsupported generalization is a statement given after coming to a broad conclusion on facts that might not be related to the topic pointed out. Evidence could be presented in these arguments but it is considered inconsistent because those arguments could be helpful to support other conclusions rather than the provided.
Answer: b.if a seller charges more than the going price, buyers will go elsewhere to make their purchases
Explanation:
A competitive market is characterised by :
1. Firms in the market been price takers.
2. No barriers to entry or exit.
3. Perfect homogenous products.
Because goods in a competition market are homogenous, if a firm increases it's price, customers would go and buy the product from the firm that sells at the market price.
Also firms in a competitive market are price takers, so they cannot set the market price.