The marginal tax rate is the number that the government sets for people to pay. The effective tax rate is the number that people actually pay for their taxes after deductions.
Answer:
14.29%
Explanation:
Number of shares purchased= 200
Purchase price per share= $70
Year end price = $80
Total Investment cost = 200 shares * $70 per shares = $14,000
Percentage return earned on investment = Number of shares * (Year end price - Purchase price) / Investment
= 200 * ($80 - $70) / $14,000
= $2,000 / $14,000
= 0.142857
= 14.2857%
= 14.29%
Answer:
d. defined as the time it takes to produce a product.
Explanation:
There are two concepts i.e Efficiency and effectiveness
Efficiency: In this, the work or task is performed with minimum time, effort and with available resources or we can say in the best possible manner. It deals with the techniques, not the output that will be produced after applying the techniques
Effectiveness: In this, the business organization aims to achieve its goals and objectives. It gives the end result of a particular task.
So, the correct option is d.
Answer
The question is incomplete; assuming that the market price is $5.
The answer will be consumer surplus decreases.
Explanation:
Consumer surplus is a measure of consumer welfare. It is measured as the difference between what customers are willing and able to pay for a good and the price they actually pay.
Answer:
Sound Audio
Yes. This loss should be accrued.
Explanation:
Accruing the loss contingency gives the readers of the financial statements an early warning of the probable existence of a future loss. A loss contingency arises from a probable future event, which gives rise to an adverse outcome from a lawsuit. Since the cost of the loss can be reasonably estimated and the product recall is virtually certain, it is prudent for Sound Audio to provide for this loss in its December 2021 financial statements.
