A. Income is what a person earns, while taxable income reflects deductions subtracted for relevant expenses
Answer: Option D
Explanation: Outsourcing is an arrangement where one organization employs another organization to be responsible for an in-house planned or ongoing operation and sometimes requires the transition of staff and properties from one organization to another.
There are number of reasons why company outsource their activities some of which could be lesser cost, focus on core activities and use of specialization etc.
Outsourcing is generally performed by organisations that are operating their business at a very high scale and the management is unable to monitor and perform all jobs efficiently.
Answer:
$163,200
Explanation:
Tucan Company
Purchase Budget for the Month of August
Production Requirement ( 11,00 x 0.5 ) 550
Add Closing inventory ( 980 x 0.5 x 10%) 49
Total 599
Less Opening Inventory ( 11,00 x 0.5 x 10%) (55)
Materials Required 544
Cost $300
Total Cost $163,200
Answer: not, I wouldn't reccomend to borrow from a bank at 18% annual
Explanation: You will pay more, as montlhy interest would be 1.5% and for the 60 days you will pay 3% interest for the loan (18/12*2).
Example:
Price $ 100
with 2% of discount by paying within 10 days would be $98
And if you ask for a loan of $98 (that is the amount you need to pay with the discount) in 60 days you must pay to the bank $100.94 (98*1.03)
Answer:
The correct answer is option (D).
Explanation:
According to the scenario, the given data are as follows:
Cash (assets) = $68
Accounts receivables ( assets ) = $142
accounts payable ( liabilities) = $235
Inventory = $318
So, we can calculate quick ratio by using following formula:
Quick ratio = Assets / Liabilities
= $68 + $ 142 / $235
= $210 / $235
= 0.89
Hence, the value of quick ratio is 0.89.
