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kipiarov [429]
3 years ago
13

Teatro Restoration, Inc., begins renovating an old theater for Urban Edge Productions, but after three months Teatro demands an

extra $250,000. Urban Edge agrees to pay. Refer to Fact Pattern 13–4. ​If Teatro says it is asking for the extra $250,000 because ordinary business expenses have increased, the agreement is:
Business
1 answer:
Rudiy273 years ago
4 0

Answer: Cost plus contract

Explanation:

A contract in which the contractor is reimbursed on allowable expenses and paid an agreed percentage of the total allowable expenses.

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A. What is a benefit of international trade to households?
devlian [24]

Answer:

a. Increased wealth due to lower prices and greater product diversity b. Ability to use productive resources found only in other countries.

Explanation:

A: Benefits of International trade for households, is an increase in wealth as a consequence of the drop in prices of goods that are imported (because these products are produced efficiently abroad), and a potential drop in prices of local goods because productive factors could potentially be more efficiently allocated increasing the productivitiy of such factors. Households also benefit because a higher diversity of products could expand their utility curve by richer consumption alternatives. B: Benefits of international trade for firms is an expansion of the disposable resources available to produce local goods, which could increase the productivity per productive factor by relatively lower prices of resources and higher quantities.

6 0
3 years ago
What do investors use the income statements of organizations for?
Ivenika [448]

Answer:

Investors use income statements to determine the profitability of a company over time. ... This is the amount that a company would pay shareholders, per share, if the company paid out all of its net income as dividends.

Explanation:

5 0
3 years ago
Acme Company carries an additional level of inventory beyond the expected demand during reorder lead times. This additional inve
Sauron [17]

Answer:

Safety stock

Explanation:

Safety stock is a stock that eplains the level of an additional stock in order to reduce the stockout risk i.e. there is a chances when the raw material is in shortfall that because of the uncertainities in the demand and supply

So according to the given situation here the additional inventory that beyond the expected demand is known as the safety stock

So the same is relevant

5 0
2 years ago
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whitewei
777dan777 [17]

Answer:

Step 1: Calculate FICA (OASDI & HI):

Total wage subjected to FICA is $930. Why? Contributions to 401K is only exempted from Fed. Income Tax Withholding (FIT) not FICA. As for HSA contrib., it is exempted for both FICA and FIT. However, the plan is non-qualified, which means that $25 contributed by employee is taxable for both. The $25 matching from employer for HSA is excluded from income and income taxes.

OASDI RATE 2012: 4.2% of $930; therefore, $39.06

HI RATE 2012: 1.45% of $930; therefore, $13.49

TOTAL FICA TAX: $52.55

STEP 2: Calculate FIT:

Total earnings subjected to FIT is ($930-100)= $830. Why? $100 contributions to 401k is exempted from FIT. HSA contrib. is unqualified.; therefore, contributions from employee is taxable. Using Wage Bracket Method 2012, the FIT is $89.

STEP 3: Getting the Take-Home Pay answer:

($930-100(401k))-25(HSA:Employee)-$52.55(FICA)-89(FIT)=$663.45

Explanation:

5 0
3 years ago
When new firms have an incentive to enter a competitive market, their entry will?
meriva
When new firms have an incentive to enter a competitive market, their entry will BRING DOWN PROFITS OF EXISTING FIRMS IN THE MARKET.
This is because, those customers who are patronizing the existing firms before will start patronizing the new firms.
5 0
3 years ago
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