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3 years ago

What is the maximum percentage of net spendable income that should be set aside for transportation

Business

2 answers:

Digiron [165]3 years ago

5 0

The minimum is 15% and the maximum is 20%

MArishka [77]3 years ago

4 0

<span>The spending percentage guidelines are the ideal percentage a person can spend when he or she receive his or her salary or income. Note that this is not the actual salary spent in a person. It is merely a suggestion on how to spend the salary or income. The maximum percentage of net spendable income that should be set aside for transportation is up to 15%. The answer is letter A. the rest of the percentage does not match any of the supposed to be expenses. Up to 32% of the income, it is spent for housing. And up to 11% of the income is spent for food.</span>

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Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $300,000 for extrac

Step2247 [10]

Answer:

Santa Fe's cost depletion expense for the current year is $90,000

correct option is b) $90,000

Explanation:

given data

Santa Fe paid = $300,000

Santa Fe recover = 5,000 pounds

Santa Fe extracted = 1,500 pounds

sold = $250,000

to find out

Santa Fe's cost depletion expense for the current year

solution

we get Santa Fe's cost depletion expense for the current year will be here as

cost depletion expense = $\frac{paid}{recover}$ × extracted .......1

put here value we get

cost depletion expense = $\frac{300000}{5000r}$ × 1,500

cost depletion expense = 60 × 1,500

cost depletion expense = 90,000

so Santa Fe's cost depletion expense for the current year is $90,000

correct option is b) $90,000

8 0

3 years ago

A customer recently wrote your bakery a letter complaining that the cherry scones were too crumbly and dry. Although the custome

Artyom0805 [142]

Answer:

1. A statement of company policy regarding refunds

Explanation:

A statement of company policy regarding refunds would give clarity to the customer on the reason why the request for refund was denied.

7 0

3 years ago

Vertical marketing systems are best described as ______. Multiple choice question. the elimination of costly backward and forwar

USPshnik [31]

Answer:

professionally managed and centrally coordinated marketing channels.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Vertical marketing systems used as a promotional and sales technique of goods and services by various business firms are best described as professionally managed and centrally coordinated marketing channels.

6 0

3 years ago

Ruby Corporation, a calendar year, accrual method C corporation, has two cash method, calendar year shareholders who are unrelat

telo118 [61]

Answer:

Explanation:

Answer:

$200000 + $200000 +$50000(to COLE's bonus)

= $450000

Ruby corporation uses accrual method.

A corporation that is using accrual method, cannot claim a deduction for an accrual with respect to a related party until the recipient reports that amount as income.

Here, Cole owns more than 50% (55%) so its a related party and it will report bonus on february 1,2017

Therefore, Ruby can not deduct bonus payable to oliver in 2016

Hence total deductible in 2017 would be $450000.

5 0

3 years ago

Airbase is a consumer electronics company known for its affordable mobile devices that follows a cost-leadership strategy. In th

lapo4ka [179]

Answer: 4. a consumer electronics company popular among price-conscious customers.

Explanation: Companies who thread a cost-leadership strategy or path could be said to be 'price-centric', that is gives price huge cognizance and will strive to be a market or industry leader when it comes to giving best and most affordable prices on products.

Thus, since Airbase follows a cost leadership strategy and also popular among consumers for its affordable devices, it should also weigh or compare it's strategy to other consumer electronics company which is popular among consumers which gives cognizance to price of products they purchase.

5 0

3 years ago