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wlad13 [49]
3 years ago
11

What was your annual net income for your most recently filed tax year?

Business
1 answer:
Bond [772]3 years ago
7 0

Explanation:

Incomplete question. However, i infer you want to know what the annual net income implies.

Thus, itis important you know that the annual net income is calculated after taxes are deducted from the total salary one earns in a year's. So to determine the value, you need to know the total taxes for the year.

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Variance reports are: internal reports for management external financial reports SEC financial reports all of these
alina1380 [7]
Variance reports are internal reports for management. They are used primarily for the purposes of internal accounting and auditing. 
8 0
3 years ago
has a monthly target operating income of $ 15 comma 000. Variable expenses are 70​% of​ sales, and monthly fixed expenses are $
seraphim [82]

Answer:

Margin of safety=55.6%

Explanation:

The formula for the operating income is as folows;

operating income=Sales revenue-total cost

where;

operating income=$ 15,000

Sales revenue=S

total cost=variable cost+fixed cost

variable cost=70% of S=(70/100)×S=0.7 S

fixed cost=$12,000

replacing;

15,000=S-(0.7 S+12,000)

15,000+12,000=0.3 S

27,000=0.3 S

S=27,000/0.3

S=Answer:

Explanation:

The formula for the operating income is as follows;

operating income=Sales revenue-total cost

where;

operating income=$ 15,000

Sales revenue=S

total cost=variable cost+fixed cost

variable cost=70% of S=(70/100)×S=0.7 S

fixed cost=$12,000

replacing;

15,000=S-(0.7 S+12,000)

15,000+12,000=0.3 S

27,000=0.3 S

S=27,000/0.3

S=$90,000

Current sales=$90,000

The formula for margin of safety is as follows;

Margin of safety=(Current sales level-break even point sales level)/current sales levels

At break even,

Operating income=0

0=S-(0.7 S+12,000)

0=S-0.7 S-12,000

0.3 S=12,000

S=12,000/0.3

S=40,000

Break even sales=$40,000

replacing;

Margin of safety=((90,000-40,000)/90,000}×100

Margin of safety=55.6%

7 0
3 years ago
Assuming a speed limit is 105 km/hr, what is this in miles per hour
blagie [28]
105 km/hr is the same as 65.244 miles per hour.  You can do this by doing unit conversions until you get the satisfied units.  Then you multiply and reduce the fraction.  In this case, the answer is 65.244 miles per hour.
3 0
3 years ago
Michael has the ability to create and articulate a realistic, credible, and attractive vision of the
irina1246 [14]

Answer:

Visionary.

Explanation:

A visionary leader is someone who has a clear-cut idea of what he/ she wants in the future. This type of leader will be able to not only create and articulate a clear idea, a realistic idea but also be credible and provide an attractive vision for the company's future.

The leader will help set up a realistic plan to further improve the company, bringing his vision to reality. This will help the company or organization to grow and improve. Likewise, Michael is a visionary leader, with his creative and realistic vision for the organization. He will lead the team to a better, improved future for not only himself but everyone.  

6 0
2 years ago
If a large firm plans to become more competitive in its market space and has already decreased its production costs using econom
olga nikolaevna [1]

It would work to expand its competitive products into other countries and offer a variety to customers is the answer.

Intra-industry trade means exchanging similar products in the same industry. The term is commonly used in international trade where the same type of goods or services are imported and exported.

Intra-industry trade can be broadly defined as a situation in which countries import and export essentially the same product at the same time. For example, the United Kingdom both exports and imports cars to Sweden.

However, most of the trade is intra-industry trade. That is, the trade of goods within the same industry from one country to another. For example, the United States produces and exports automobiles and imports automobiles.

Learn about import and export here:brainly.com/question/13663581

#SPJ4

7 0
1 year ago
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