Answer: Kansas City with a profit of $256,000
Explanation:
Omaha
Profit = Revenue - Fixed expenses - Variable expense
= Number of units * (Revenue - variable expenses) - Fixed cost
= 8,000 * (185 - 36) - 1,200,000
= -$8,000
Kansas City
= 12,000 * (185 - 47) - 1,400,000
= $256,000
Answer :
Estimated inventory loss = $233,750
Explanation :
As per the data given in the question,
Inventory = $231,000
Purchases = $461,000
Cost of goods for sale (A) is
= $231,000 + $461,000
= $692,000
Sales = $611,000
Gross Profit = $611,000 × 25% = $152,750
Cost of goods Sold (B) is
= ($611,000 - $152,750)
= $458,250
So, Estimated inventory loss is
= (A - B)
= ($692,000 - $258250)
= $233,750
We simply applied the above formula
Answer:
A money market account
Explanation:
A money market account is an interest-bearing account at a bank or credit union.
Answer:
the deferred tax liability for the year ended is $297,500
Explanation:
The computation of the net deferred tax or liability is as follows:
= (Taxable income - income before income taxes) × enacted tax rate
= ($2,700,000 - $1,510,000) × 0.25
= $1,190,000 × 0.25
= $297,500
Therefore the deferred tax liability for the year ended is $297,500
Hence, the same is to be considered
Answer:
A macro-segment
Explanation:
within the category of ales exists the subcategory of English ales which might be considered: A macro-segment