Answer:
Account receivable balance = $1,100 - ($1,100* 5%)
Account receivable balance =$1,100 - $55
Account receivable balance = $1,045
Date Account Title Debit Credit
Cash Account $1,045
To Accounts receivable $1,045
I would say the inventory department.
Answer:
c. $900
Explanation:
The computation of the earnings before taxes (EBT) is shown below:
= Sales - operating costs other than depreciation - depreciation expense - outstanding bonds × interest rate
= $10,000 - $7,250 - $1,250 - $8,000 × 7.5%
= $10,000 - $7,250 - $1,250 - $600
= $900
We ignored the state income tax rate of 25% and the rest of the items would be taken for the computation part
Answer: 25%
Explanation:
Municipal bonds are tax-free which means that the tax bracket that would make you indifferent between the 2 bonds would be the one that brings the after-tax yield on the taxable bond to the same yield as the Municipal bond.
Assume this tax rate to be x.
8% * ( 1 - x) = 6%
8% - 0.08x = 6%
0.08x = 8% - 6%
x = (8% - 6%) / 0.08
x = 25%
Answer:
Crowdsourcing
Explanation:
Crowdsourcing can be defined as a practice that involves utilizing a group of individuals for the sole purpose of obtaining new ideas.
Crowdsourcing can provide businessess with entry to new and fresh ideas and solutions, in-depth consumer experience, enhancement of different tasks, and a great reduction in the level of costs.
Individuals that take part in crowdsourcing work as paid freelancers.
Crowdsourcing enables various organizations to carry out tasks at a faster rate by splitting up the task. Crowdsourcing provides a more efficient way to perform tasks.
