Answer:
46.67%
Explanation:
Gross margin is the ratio of gross profit to the total sales. The gross profit is the difference between the sales and cost of goods sold. Other cost given such as land and selling and distribution cost make up assets and operating expenses respectively.
Hence
Gross profit = $30,000 - $16,000
= $14,000
Gross margin = $14,000/$30,000
= 0.4667
The company's gross margin is 46.67%.
Answer:
a. A taxable dividend of $15,000
Explanation:
The relevant variables are the friar market value and the tax liability on the land.
The fair market value is the amount at which an asset or a company will be exchanged between a knowledgeable willing seller and a knowledgeable willing seller in an ordinary transaction in the market. Put simply, the fair market value of an asset gives an estimation of the price that a buyer would pay to the owner of the asset if the owner decides to sell the asset.
When a company distributes an asset as a dividend to the owner, any liability taken over on the assets will be deducted from the fair market value of the asset to arrive at the taxable dividend.
From the question, the $55,000 tax liability assumed by Troy will be deducted from the fair market value of the asset to obtained the taxable dividend as follows:
Taxable dividend = Fair market value - Tax liability on the land
= $70,000 - $55,000
= $15,000
Therefore, the taxable dividend is $15,000.
Answer:
$10.65
Explanation:
The computation of the incremental manufacturing cost in the case when the production level is changed
= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit
= $6.25 + $3.20 + $1.20
= $10.65
Here the fixed cost would not be relevant
Answer:
The correct answer is D. participative.
Explanation:
Participation is nothing other than decision making among the subjects that integrate a task or project. It is a way of assuming roles and interacting in a context in which specific objectives have previously been set.
Participating implies consensus, debate, exchange of ideas, assumption of positions and, in some cases, negotiation. It is also diversity, openness, active listening, dialogue, inclusion and greater horizontality.
The participatory leadership model is quite useful for those processes that are not focused only on results. Also in cases where these are complex tasks that must have more than one opinion.
Answer:
True
Explanation:
International trade is trade across national boundaries and it includes the import and export of goods and services. An economic prosperity is synonymous with rising incomes and it would increase the propensity to import; that is, people in the domestic economy now have more incomes to spend on imports. Alternatively, a recession would lead to a fall in incomes and imports, and also a fall in investment which conseqeuntly reduces exports volumes.
Trade restrictions (protectionism) such as tariffs, quotas, competitive devaluation, administrative complexities, export subsidy hinder free trade and they could reduce the volume of imports into a country. This is because trade restrictions would make imports to be more expensive; the aim might be that the government is trying to correct a current account deficit. However, the effectiveness of trade restrictions in reducing import volumes and influening export is dependent on the price elasiticty of demand for imports and exports, the quality of a country's good or service, and how the country's rate of inflation compares with that of other countries.
