Answer:
$ 1,212 Net INCOME
Explanation:
Income Statement
$ 7,030 Sales
-$ 230 Sales returns and allowances
$ 6,800 Net Sales Revenues
-$ 90 Depreciation expense
-$ 3,400 Cost of goods sold
$ 3,310 Gross PROFIT
-$ 499 Advertising expense
-$ 114 Research and development expense
-$ 460 Salaries and Wages Expenses
-$ 105 Rent expenses
-$ 60 Utilities Expenses
-$ 1,238 Operating EXPENSES
$ 2,072 Operating INCOME
-$ 46 Loss on disposal of plant assets
-$ 161 Interest Expenses
-$ 207 NonOperating EXPENSES
$ 1,865 NET INCOME AFTER TAXES
-$ 653 Income Tax Expenses 35%
$ 1,212 Net INCOME
Answer:
Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts
Explanation:
Productivity increases when human capital increases due to higher education and training, when physical capital increases due to higher investments or when new technological breakthroughs increase productivity.
By encouraging savings, investments will increase as well as physical capital which results in an increase in productivity.
Answer:
Front running
Explanation:
Front running, also known as tailgating, is the prohibited practice of entering into an equity (stock) trade, option, futures contract, derivative, or security-based swap to capitalize on advance, nonpublic knowledge of a large pending transaction that will influence the price of the underlying security.
Answer:
Fixed costs= $42,700
Explanation:
Giving the following information:
A firm expects to sell 25,900 units of its product at $7 per unit.
Pretax income is predicted to be $60,900.
Unitary variable cost= $3
<u>The pretax formula is:</u>
Pretax income= total sales - total variable cost - total fixed costs
<u>We have to isolate the fixed cost:</u>
Fixed costs= total sales - total variable cost - pretax income
Fixed costs= 25,900*(7-3) - 60,900
Fixed costs= $42,700