Answer:
Taxable income = $ 197500
Total liability = $ 47650
Explanation:
Please see attachment
Answer:
$1,000
Explanation:
the journal entry to record the purchase of the goods should be:
January 27, merchandise purchased on account, credit terms 2/10, n/30
Dr Merchandise inventory 1,000
Cr Accounts payable 1,000
the journal entry to record the payment of the invoice 13 days later should be:
Dr Accounts payable 1,000
Cr Cash 1,000
since the discount period is over, the invoice should be paid at full amount
Answer: C. the marginal revenue of building the distribution center is larger than the marginal cost of building it
Explanation:
A firm maximises Profit at a level where Marginal Revenue equals Marginal Cost.
If a situation arises where Marginal Revenue is greater than Marginal cost, Profit is not yet maximised and the firm is NOT producing enough goods and services and should increase their output until Marginal Revenue equals Marginal Cost.
If Option C holds true, the Firm SHOULD build another distribution center so as to produce until Marginal Revenue equals Marginal Cost and profit is maximised.
Answer:
asset-backed securtiy
Explanation:
Based on the scenario being described within the question it can be said that in this situation Nate seems to have purchased an asset-backed securtiy. This is a security that derives it's value and pre-defined pool of different assets which generate the income payments or interest payments that Nate seems to be receiving.
Answer:
Distinctive Positioning
Explanation:
According to Harvard Business School professor Michael Porter, strategic positioning means Distinctive Positioning to achieve sustainable competitive advantage. Meaning that the company intents to place itself differently from it's competitors within the same market in order for them to be seen as better in the eyes of their target audience. Which in term will lead to customer loyalty and a growth in sales as well as market shares.