Ive done it 4 defferent ways it keeps saying $50.40
Answer:
c. paying lower prices to its suppliers.
Explanation:
A : clearance of discontinued inventory.
Clearance is most often used when a shop wants to clear a particular stock line. reduce sell price with effect in gross margin
B : selling products with a lower markup.
Markups are the ratio of gross profit to sales price.
D : increased competition resulting in a lower selling price.
lower prices will lead to higher sales volumes, which may make up for the lower profit margin
Answer:
D) $40,000
Explanation:
The Joneses qualify for a Section 121 exemption since they lived at their house for 20 years. They are exempted from paying capital gains taxes on the first $500,000 ($250,000 if single) in realized gains from selling their home.
Joneses taxable gain = $750,000 (sales price) - $210,000 (basis) - $500,000 (section 121) = $40,000
They will have to recognize only $40,000 in gains.
First, we add up all the benefits that Gerome Houser gets from his job. That is,
$1,755 + $3,898 + $2,898 +$2,098 +$1,404 = $12,053
Then, we divide this amount by his annual salary and multiply the quotient by 100% to get the answer.
($12,053 / $45,623) x 100% = 26.4%
Therefore, Gerome Houser's rate of benefits is approximately 26.4%.