Answer:
$10,000 (Credit balance)
Explanation:
Given that,
Income before tax = $400,000
Income tax payments during the year = $150,000
Income tax rate = 40 percent
Therefore,
The balance in income tax payable at the end of the year:
= Tax liability - Income tax paid
= ($400,000 × 40%) - $150,000
= $160,000 - $150,000
= $10,000 (Credit balance)
Answer:
C. No, it will increase cost by $100.
Explanation:
Z Corp. can make three individual deliveries to three different customers at a cost of $500 each
Given that:
Cost of shipment = $1300
Cost of each delivery = $500
Stop of charge = $100 per stop
Total cost if for individual delivery to three different customers = 3($500) = $1500
Since they are three different customers, the total stop charge = 3($100)
cost for consolidating them into one shipment= $1300 + 3($100) = $1300 + $300 = $1600
Therefore there is an increase in cost of $1600 - $1500 = $100
A person would take advantage of a non installment credit offer if there was no interest charged on on the loan. Many of these offers will not charge interest on the loans if the loan is paid off in a short amount of time. Usually within 3 to six months of the time the loan is started. These offers are usually for appliances and furniture. You can always ask the store you are visiting if they have these offers available. If you don't pay the loan off within the amount of time, you are then charged the interest and have a longer amount of time to pay the loan off.
Answer:
The correct answer is letter "A": Penetration.
Explanation:
Penetration Pricing means that an initially low price for a new product or service attracts customers away from the competitors. The new company hopes that even if prices rise to normal levels, customers will continue to use their products. Penetration Pricing will yield higher returns on sales and push rivals out of the market if implemented long enough.
Answer:
The correct answers are $40,000 and $13,500
Explanation:
The implicit cost of the business is $40,000 nothing for the entrepreneur's time plus $13,500 nothing for the entrepreneur's funds (enter your response as an integer)
The implicit cost indicates the cost of an asset rather than selling it or renting it out. In other words, the company has to give up by deciding not to exploit an asset. For this case $40,000
For the other line
15% = 0.15
$90,000 x 15% = $13,500
