Answer:
The purpose of researching a market is to figure out how you can best attract those who are likely to buy your company's products or services.
I will prefer to know the OPERATING INCOME. Operating income refers to the operating profits of a company before the taxes and interests are removed. It reflects the true situation of the company and can be used to analyse if a company is making profits from its manufacturing process or not. The net income of a company has some expenses and costs that do not reflect the core operations of the company.
Answer:
$2.835 in March and $0 in May.
Explanation:
As per the data given in the question,
The actual method of accounting is that the revenue is not recognized in the period when the actual cash is received but the period in which it is earned.Hence, May-31 income statement will not recognize any part of revenue and March-31 income statement will recognize the whole revenue of $2.835 million.
Hence, $2.835 in March and $0 in May.
Answer:
Passive activity
Explanation:
Passive activities are those kind of activities which involve the business or the trade activities in which the person does not participate materially. And when the person participate materially in the activity, the person is involved in the operations of the company on a continuous, substantial as well as regular basis.
So, in this case, the taxpayer does not participate materially in the activities of the business and the taxpayer is the partial owner, any loss which flows through to the taxpayer will subject to the passive activity rules of loss.
Answer:
b.$34,320
Explanation:
Ordinary interest ; Use simple interest formula to fins amount
Amount (A) = Simple interest +Principal , and
Simple interest (S.I) = Principal * rate *time i.e. P*r*t
Principal = $33,000
rate = 6%
time in years = 8/12 <em>note: 8 months, counted from May 17 to Jan 16)</em>
Amount = [33,000*0.06 * ]+ 33,000
A = 1,320 + 33,000
A = 34,320
Therefore, the maturity value would be $34,320