If materials listed, perhaps the chemicals in them, safety precautions, etc.
Answer:
$6450
Explanation:
Given that
Monthly gross income = 3500
Monthly operating expenses = 1100
Tax rate = 25%
Annual cost recovery expenses = 3000
Recall that, taxable income is income less expenses.
Therefore,
Annual gross income = 3500 × 12
= 42000
Annual operating expense = 1100 × 12
= 13200
Thus,
Taxable income = 42000 - 13200 - 3000
= 25800
Tax liability = tax rate × taxable income
= 0.25 × 25800
= $6450
Answer: $58600
Explanation:
The net income that would have been if the allowance method had been used, and the company estimated that 2.5% of sales would be uncollectible will be calculated thus:
= Reported net income + Uncollectible - (Sales × % Uncollectible)
= $63800 + $9300 - ($580000 × 2.5%)
= $63800 + $9300 - $14500
= $58600
Answer:
b. marketing strategy
Explanation:
Marketing strategy is a mix of all factors which affect the 4 Ps which are Product (Design and Packaging) , Price (Pricing Policy / Techniques), Place (Distribution) and Promotion (all awareness activities).