Business Question

The property tax on a rental house owned by Mr. Janey increased by $1,200 this year. Mr. Janey increased the monthly rent charge

MAXImum [283]

Answer:

Both will bear

Explanation:

Both Mr. Janey and Ms. lacey will bear the incidence of the property tax increase because Mr. Janey has only shifted $540 ( $45 x 12) of the total $1200 by increasing the monthly rent charge of his tenant Ms. lacey by $45/month. Mr. Janey will pay only $660 of $1200 increase in tax and remaining will be paid by Mr Lacey.

6 0

3 years ago

If your lifestyle budget is $50,000 a year, selecting a career earning $75,000 will most likely allow you to meet your lifestyle

Aleks [24]

This question is a True statement

7 0

3 years ago

Read 2 more answers

Evaluate Mark’s conduct using the Six Pillars of Character. Did Mark violate any rules in the AICPA Code? Should he be permanent

Schach [20]

Answer:

There are 3 cases

The First case

In this case, the six pillars of the ethical reasoning and characters are caring, responsibility, trustworthiness, citizenship, respect and fairness. Caring pillar requires making decision while taking other people into consideration. It requires the decision made to be kind and compassionate. At the time of making ethical decision it should be kept in mind that less harm should be caused. Responsibility pillar helps an individual to analyze that all the actions have some or the other consequences.

Explanation:

See attached images for the other two cases

8 0

3 years ago

Southeastern Bell stocks a certain switch connectorat its central warehouse for supplying field service offices. Theyearly deman

Tomtit [17]

Answer:

a. 300 units

b. $3,750

c. $3,750

d. 100 units

Explanation:

a. The computation of the economic order quantity is shown below:

= $\sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

= $\sqrt{\frac{2\times \text{15,000}\times \text{\$75}}{\text{\$25}}}$

= 300 units

b. For annual holding cost, first we have to find out the average inventory would equal to

= Economic order quantity ÷ 2

= 300 units ÷ 2

= 150 units

Now the Carrying cost = average inventory × carrying cost per unit

= 150 units × $25

= $3,750

c. For ordering cost, first we have to compute number of orders would be equal to

= Annual demand ÷ economic order quantity

= $15,000 ÷ 300 units

= 50 orders

Now Ordering cost = Number of orders × ordering cost per order

= 50 orders × $75

= $3,750

d. The computation of the reorder point is shown below:

= (Annual demand ÷ total number of days in a year ) × lead time

= (15,000 units ÷ 300 days) × 2 working days

= 100 units

6 0

3 years ago

Corporate blogs are easy to maintain because they do not require in-depth writing or monitoring of comments. True False

Hoochie [10]

The answer to this question is FALSE. Corporate blogs are not easy to maintain because in making business blogs time is always needed especially in having a schedule in posting frequently in the blog. Corporate blogs can be external or internal blogs. External blogs are blogs that are available in the public to see and interact while Internal blogs are blogs within the company organization use only.

3 0

2 years ago