Answer:
Amount paid in;
Bonuses to employees = $5,150
State tax = $5,150
Federal tax = $41,200
Explanation:
The bonus paid to employees, federal tax and state tax are all a percentage of the profit made by the company.
The amount of each of these elements may be computed by applying the applicable percentage on the profit made by the company before any of these deductions.
amounts paid in;
bonuses = 5% * $103,000
= $5,150
state tax = 5% * $103,000
= $5,150
and
federal tax = 40% * $103,000
= $41,200
Answer:
The wholesale cost for the pianos that Darnell pays the manufacturer - explicit cost
The salary Darnell could earn if he worked as an accountant - implicit cost
The wages and utility bills that Darnell pays - explicit cost
The rental income Darnell could receive if he chose to rent out his showroom.-implicit cost
Explanation:
Explicit cost includes the amount expended in running the business.
They include rent , salary and cost of raw materials
Explicit cost is used in determining accounting profit
Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Implicit cost is used in determining economic profit
If Darnell didn't use his showroom, he could have rented it out. Renting it out is his next best option that was forgone. Thus, it is an implicit cost
If Darnell didn't start his business, he could have been working as an accountant. The amount he could have earned as an accountant is his implicit cost
A consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.
<h3>What is consumer life style?</h3>
This refers to characteristics consumer possess, which is a reflection of certain behaviour. The lifestyle patterns provide broader views about the consumers.
The components of consumer life style are :
- Activities
- Interests
- Opinions
Therefore, a consumer's life style is identified partly by what that person considers important in her environment and what she thinks of herself and the world around her.
Learn more about consumer life style here: brainly.com/question/24438632
Answer: The correct answer is d). efficiently, effectively
Explanation: Efficiently means accomplishing the objectives with a minimum of resources while Effective means having the intended result.
Management is a critical process in any organisation. It prevents wastage and ensures that the goal of the organisation is met appropriately.
