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Ymorist [56]
2 years ago
10

People with computer skills and strong backgrounds in mathematics and science will have key tools to succeed in the new global e

conomy.
True or false
Business
2 answers:
Masteriza [31]2 years ago
8 0

This is true but my question was slightly in a different wording, This is True to “Tough Choices”

Ludmilka [50]2 years ago
3 0
This is true. more knowledge more money
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Which of the following compensation options helps pay for premiums that cover expenses resulting from the death of an employee?
Alex777 [14]

Answer:

life insurance ( B )

Explanation:

Insurance is a agreement reached by a company and an individual,corporate entity or the government to provide a guarantee of compensation for the insured individual or corporate entity in cases that the individual or entity encounters an unforeseen loss. the insured pays a premium to keep this agreement runing.

For a compensation options that pays for premiums that covers expenses resulting from death  it is called Life insurance compensation plan or life insurance policy plan.

3 0
3 years ago
Esquire Comic Book Company had income before tax of $1,700,000 in 2016 before considering the following material items: 1. Esqui
mel-nik [20]

Answer:

Explanation:

Partial income statement

For the Year Ended December 31, 2016

Income from continuing operations $975,000

Discontinued operations gain (loss):  

Income from operations of discontinued component $220,000

Income tax expense ($88,000)

Income on discontinued operations $132,000

Net income $1,107,000

Income from operations of discontinued component (including loss on disposal of $420,000) = $220,000

Income from continuing operations:

Income before considering additional items $1,700,000

Decrease in income due to restructuring costs ($75,000)

Before-tax income from continuing operations $1,625,000

Income tax expense (40%) ($650,000)

Income from continuing operations $975,000

5 0
3 years ago
A company must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units t
lutik1710 [3]

Answer:

It is more profitable to sell the units for scrap.

Explanation:

Giving the following information:

Defective units= 16,000 units

Selling price dor scrap= $2.60

Reworked cost= $4.80 each

Selling price= $8.10 each.

If the units are sold as-is, the company will be able to build 16,000 replacement units for $5.50 each and sell them at the full price of $8.10 each.

The cost of 16,000 units produced is a sunk cost, therefore, it shouldn't be a part of the decision making.

Sell as it is:

Sell scrap= 16,000*2.9= 46,400

New units= 16,000*(8.10 - 5.50)= 41,600

Total income= $88,000

Continue processing:

Reworked sales= 16,000*(8.1 - 4.8)= $52,800

It is more profitable to sell the units for scrap.

7 0
3 years ago
Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the
nasty-shy [4]

Answer:

Betty's AGI = $28,934

Complete Page 1 of Form 1040 for Betty is attached.

Explanation:

<u>Adjusted gross income:</u>

Adjusted gross income (AGI) is an income measurement for the purpose of calculation of tax payable.

AGI is calculated by deducting allowable deduction from taxable income.

<u>Notes for the working attached:</u>

  • The salaries and expenses are deductible as business expenses.
  • Depreciation and real estate taxes are deducted as rental/royalty-related deductions.
  • Interest income is included in the adjusted gross income.
  • Alimony expenses are deductible from the adjusted gross income.
  • The revenue from apartment building is assumed as interest income and NOT the total income.
  • The real estate and charitable contributions are itemized deductions.

Download xlsx
4 0
3 years ago
Enerico contributes $100,000 cash in exchange for a 40% interest in the calendar year ABC LLC. This year, ABC generates $80,000
Natasha_Volkova [10]

Answer:

A)$32000.00

B)$4000

Explanation:

3 0
3 years ago
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