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kaheart [24]
3 years ago
12

1. Explaining Why does a natural disaster (drought, flood) in an agricultural

Business
1 answer:
Alexxx [7]3 years ago
5 0
If natural disasters or flooding occur, there is not enough goods for everyone, so only those who are willing to pay more, or the rich, can buy the goods.
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On January 1, 2014, the merchandise inventory of Glaus, Inc. was $1,200,000. During 2014 Glaus purchased $2,400,000 of merchandi
Xelga [282]

Answer: Option (C) is correct.

Explanation:

Given that,

Merchandise inventory(beginning inventory) = $1,200,000

Merchandise purchased = $2,400,000

Sales = $3,000,000

Gross profit rate on sales = 25%

Ending inventory of Glaus:

= Beginning inventory + Purchases - cost of goods sold

= $1,200,000 + $2,400,000 - [sales × (100-25)%]

= $1,200,000 + $2,400,000 - $3,000,000 × 0.75

= $1,200,000 + $2,400,000 - $2,250,000

= $1,350,000

5 0
3 years ago
If your salary is $42,500 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal
liraira [26]

Your federal income taxes are taxes that are taken by the federal government based on the amount of money you make during the year. These taxes come out on each paycheck and are deducted from your salary. At the end of the year, you are able to file a tax return and claim things against the money the government has taken from you to receive some back. This is known as filing your Federal Tax Return. When solving this question, we are assuming there are no deductions and we know that the federal income taxes are 10% of $42,500.

To solve, take $42,500 and multiply it by 10%, this will give you the total amount of income tax owed which is $4,250.

7 0
3 years ago
Read 2 more answers
Tamarisk, Inc. incurs the following expenditures in purchasing a truck: cash price $42,000, accident insurance $2,900, sales tax
AURORKA [14]

Answer:

$44,700

Explanation:

The cost of the truck according to IAS 16 under IFRS would only include any cost incurred in bringing the asset to as location or state where it becomes available for use.

Given cost items;

cash price = $42,000

Accident insurance = $2,900

Sales taxes = $2,700

Motor vehicle license = $100

Painting and lettering = $400

From all the cost items stated above, the cost of the truck

= $42,000 + $2,700

= $44,700

Other cost elements will be expensed.

6 0
3 years ago
How many international airports are in cote d'ivoire?
uranmaximum [27]
1 internation airport and its called the Ivory Coast 
3 0
3 years ago
g The lower risk nature of longminusterm debt in a​ firm's capital structure is due to the fact that​ ________. A. the debt hold
IRINA_888 [86]

Answer:

The correct option is C states that creditors have a higher position in the priority of claims.

8 0
3 years ago
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