Answer:
The correct answer is $24,500.
Explanation:
According to the scenario, the given data are as follows:
Total Account receivable = $100,000
Amount collected = $70,000
So, if there is sufficient taxable income, then assume tax rate to be 35%.
So, we can calculate the Gains tax by using following formula:
Gain tax = Amount collected × Tax rate
By putting the value, we get
Gain tax = $70,000 × 35%
= $24,500.
Answer:
$2800
Explanation:
To find the Gain or loss on the sell of shares we jus need to deduct cost of purchasing and brokerage fee from sale proceeds
12 DECEMBER 2019
Gain/loss = Sales proceeds- Total Cost to purchase - Cost to sell
Gain/loss= ($88 x 265) - $20,305 - $215
Gain/loss= $23,320 - $20,305 - $215
Gain/loss= $2800
WORKINGS
Purchase 1 Jan 2019
265shares x $76per share = $20,140
Total cost to purchase = $20,140 + $165(brokerage fee)
Total cost to purchase = $20,305
Cost to sell = $215(brokerage fee)
Answer:
Production Oriented or Mass Production Era.
Explanation:
This marketing era took place around the mid 1800s and lasted until the early 1920s. It was basically a result of the industrial revolution where mass production started and manufacturing costs started to decrease. Most businesses would produce only one or very few types of products, and most business people thought that if they were to manufacture something, someone would buy it. Since this type of mass production was something totally new, people had lots of products available and relatively cheap for the first time, and indeed most of the production was sold that way.
Answer:
maximum profit = $7500
so correct option is c $7500
Explanation:
given data
mean = 500
standard deviation = 300
cost = $10
price = $25
Inventory salvaged = $5
to find out
What is its maximum profit
solution
we get here maximum profit that is express as
maximum profit = mean × ( price - cost ) ..................................1
put here value in equation 1 we get maximum profit
maximum profit = mean × ( price - cost )
maximum profit = 500 × ( $25 - $10 )
maximum profit = 500 × $15
maximum profit = $7500
so correct option is c $7500
Answer:
$31,320.00
Explanation:
The formula for accounting rate of return is the annual net cash flow divided by the initial investment.
If the initial investment was $522,000 and the accounting rate of return is computed to be 6% per year, hence the annual increase in cash flow accruing from the investment can be calculated by changing the subject of the formula.
ARR=annual increase in cash flow/initial investment
ARR is 6%
initial investment is $522,000
annual increase in cash flow?
6%=annual increase in cash flow/$522,000
annual increase in cash flow=6%*$522,000= $31,320.00
