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3 years ago

How do we achieve higher wages and a higher standard of living for American workers?

1 answer:

8 0

It can be traced in no small part to policies that have allowed labor standards, business practices, and ideas of fairness to increasingly favor employers at the expense of workers.
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Bendel Incorporated has an operating leverage of 7.3. If the company's sales volume increases by 3%, its net operating income sh

Svet_ta [14]

Answer:

21.9%

Explanation:

Given that

Operating leverage = 7.3

Increase in sales = 3%

According to the given situation, the computation of net operating income is shown below:-

Increase in operating income = Operating leverage × Increase in sales

= 7.3 × 3 %

= 21.9%

Therefore for computing the increase in operating income we simply applied the above formula.

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3 years ago

Jackson is a 30 percent partner in the JJM Partnership when he sells his entire interest to Rhonda for $112,000 cash. At the tim

mart [117]

Answer: C. $48,000 capital gain

Explanation:

To calculate the Gain or loss on the sale of Jackson's interest we will subtract his adjusted basis from the sale of his entire interest in the following manner,

Gain(loss) on sale of interest = Amount realised - Adjusted basis in partnership

= 112,000 - 64,000

= 48,000

$48,000 will be his Gain on the sale of his interest. It will also be considered CAPITAL as he does not have Hot assets like inventory just equity.

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3 years ago

Two years back, the Republic of Terbia, a developed economy, experienced a massive boom in the information technology (IT) i

lubasha [3.4K]

Answer:

D. Consumers in Terbia are confident that the economy will turn around in the near future.

Explanation:

Please consider the information provided by you in the exercise. If you have any question please write me back. Please take a look to the image attached.

4 0

3 years ago

Jay Bird is a partner in Soundview Partnership. The adjusted basis of his interest is $19,000, of which $15,000 represents his s

Marta_Voda [28]

Answer:

Ordinary income of $6,000; Capital gain of $18,000

Explanation:

Calculation to determine the amount and character of his gain

First step is to calculate the The total gain on the sale of his partnership

Using this formula

Total gain on the sale of his partnership = ( Cash + Relief of his share of liabilities -Basis )

Let plug in the formula

Total gain on the sale of his partnership=$28,000+$15,000+$19,000

Total gain on the sale of his partnership=$24,000

Now let determine the amount and character of his gain

The UNREALIZED RECEIVABLES amount of $6,000 will be the ORDINARY INCOME while the remaining amount of $18,000 Calculated as ($24,000-$6,000) will be the CAPITAL GAIN.

Therefore the amount and character of his gain will be: Ordinary income of $6,000; Capital gain of $18,000

4 0

3 years ago

The greeting of a cover letter is referred to as the

Slav-nsk [51]

Answer:

The answer is Salutation.

Explanation:

<u><em>A salutation is the greeting at the beginning of a cover letter that is included with a resume when applying for a job</em></u>

8 0

2 years ago