Answer:
$104,000
Explanation:
Calculation to determine what Gross profit would be
Using this formula
Gross profit=Sales -Cost of Goods Sold -Sales Returns and Allowances-Sales Discounts
Let plug in the formula
Gross profit=$300,000-$158,000-$26,000- $12,000
Gross profit=$104,000
Therefore Gross profit would be $104,000
It might be said that the least likely scenario to occur is that <span>"The government allows only two competitors to offer goods for sale on the country's highways"
This might be because the best scenario would be the government to promote competition by setting clear rules for everyone. The government should intervene to reestablish efficiency in the market</span>
Answer:
Because the two firms are just affiliates.
Explanation:
Looking at the narration in this scenario , there exist an affiliated relationship between the two parties.
Affiliation in business is defined as a form of relationship that exist between two or more companies where a parent company attains control in the others by acquiring less than 50% of their shares
Based on this ,it will not be prohibited for the IAR to use securities owned in the advisory account to obtain a loan for his client as they are just affiliated to the parent company and
No, Cobin should have been stay to see the result of the academic misconduct hearing because he has some facts available in this case.
<h3 /><h3>What is the William J Upchurch medal? </h3>
The William J Upchurch medal is a final undergraduate award, which is given annually to the outstanding seniors in the Hopkins college of Business.
The criteria for the award consists overall GPA, GPA in business courses, involvement in student organization etc.
The facts available in this case are: Cobin was attending the orientation session in his junior year, & went to two career fairs in the past two year. He was also a member for two years. He should stay to see the result of the academic hearing.
Learn more about the William J Upchurch medal here:-
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Answer:
$299,452.668
Explanation:
The computation of future value of annuity is shown below:-
Future value of annuity = Annuity × ((1 + rate)^Time period - 1) ÷ Rate
= $1,500 × ((1 + 0.07)^40 - 1) ÷ 0.07
= $1,500 × ((1.07)^40 - 1)) ÷ 0.07
= $1,500 × (14.97445784 -1) ÷ 0.07
= $1,500 × 13.97445784 ÷ 0.07
= $1,500 × 199.635112
= $299,452.668
Therefore for computing the future value of annuity we applied the above formula.