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3 years ago

Realized income is also known as

2 answers:

6 0

Realized income is also known as gross pay. It is the individual's total pay before taxes or other deductions. Realized or gross income includes money, property, services, or any other form of compensation and it is the income that taxpayers actually report on their tax returns and pay taxes on.

sertanlavr [38]3 years ago

4 0

Taxable Income.
I hope this helps! :)

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Who sets the price in a monopolistic competition?

AnnyKZ [126]

Answer:

Producers

Explanation:

Monopolistic competition is a form of market competition where different producers produce goods that are largely different from each other and can not even been used as a perfect substitute for one another.

This gives each producer the opportunity to decide its prices and output . Prices are always set higher than the marginal costs and the consumer surplus are less compared to a perfectly competitive market , making monopoly competition an imperfect market.

7 0

3 years ago

On February 1, you bought 100 shares of stock in the Francesca Corporation for $42 a share and a year later you sold it for $46

Luden [163]

Answer:

12.381%

Explanation:

For computing HPY and HPR, the formula is same which is given below:

The formula to compute the HPY is shown below

= Dividend income + (Selling price - purchase price) ÷ purchase price

= ($1.20 + $46 per share - $42 per share) ÷ $42 per share

= ($1.20 + $4 per share) ÷ $42 per share)

= $5.20 per share ÷ $42 per share

= 12.381%

6 0

3 years ago

Which of the following is a characteristic of the coverdell education savings account?

bulgar [2K]

D. There is a maximum yearly contribution limit

4 0

3 years ago

Read 2 more answers

Match each item with the appropriate description.

DanielleElmas [232]

Answer:

Matching items with the appropriate descriptions:

A. Includes both financial and non-financial information for all areas of the business.

ERP

B. Uses accounting information for external reporting.

General Ledger System

C. Is a subset of the non-financial integrated accounting system.

Managerial Accounting

D. Includes the accounting part of the integrated information system.

General Ledger System

E. Uses accounting information for internal reporting.

Managerial Accounting

Explanation:

- General Ledger System. This system is where the financial accounting records of debit and credit are kept and summarized.

- ERP: "Enterprise Resource Planning” is the consolidated system for gathering and organizing business data, both financial and non-financial.

- Managerial Accounting: This is where internal accounting data are gathered and analyzed.

8 0

3 years ago

Barclay Corporation produced 250,000 watches that it sold for $32 each during year 2. The company determined that fixed manufact

alexandr1967 [171]

Answer:

a. 6.4$

b. 1 600 000$

c. 6 400 000$

Explanation:

First, let's determine <em>net sales</em>. The total sales volume should be multiplied with product price.

Net sales = 250 000*32$ = 8 000 000$

Since we have the gross margin and net sales, we can determine the cost of goods sold (COGS).

COGS = Net Sales - Gross margin

COGS = 8 000 000 - 2 400 000 = 5 600 000$

Now that we have COGS, we can determine the total variable cost:

Total variable cost = COGS - Total fixed cost

Total variable cost = 5 600 000 - 250 000 * 16 = 1 600 000$

So, the variable cost per unit is:

Total variable cost/Number of units = 1 600 000 / 250 000 = 6.4$

Lastly, the total contribution margin is:

Total contribution margin = Sales Revenue - Total variable costs

Total contribution margin = 8 000 000 - 1 600 000 = 6 400 000$

This margin is useful when conducting a break-even analysis and determining the price of the product to be sold.

4 0

3 years ago