Answer:
$214,500
Explanation:
For the computation of the amount of contribution margin first we need to follow some steps which are shown below:
No of units sold = Total sales ÷ selling price per unit
= $374,400 ÷ $24
= $156,00
Variable cost = No of units sold × Variable cost per unit
Variable cost = $15,600 × $13
=$202,800
Contribution margin = Sales - Variable cost
= $374,400 - $202,800
= $171,600
CM ratio = Contribution margin ÷ Sales
= $171,600 ÷ $374,400
= 0.46
Contribution margin = CM ratio × Sales Contribution margin
= 0.46 × (1.25 × $374,400)
= $214,500
Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
Answer:
A Business School student looking at changes in structures of Small and Medium Sized Enterprises (SMEs) using publicly available information
Explanation:
Answer:
Check the explanation
Explanation:
Particulars Amount in $
A. Gross Estate 8600000
Less: deductions (funeral & administrative tax) 70000
B. Taxable estate 8530000
c. Gift-Adjustable Taxable estate value:
Taxable estate 8530000
Charities will be deucted from tax calculation 1000000
gift-adjusted taxable estate value 7530000
D. estate would be subject to tax 7530000
E. estate tax liability Calculated below 876000
For estate more than 53400000 tax will be charged at 40%
So, same is 40% of excess on 53400000
Taxable estate before threshold after deducting 53400000 from estate that would be subject to Tax 2190000
Tax at 40% of excess value 876000
It is a finance lease , because Jamal purchased a financial equity, which is the stock, with the cooperative and he moved to one of its units, therefore, the risk and rewards are transferred to Jamal and it is considered to be a finance lease.
