Answer:
Beaver's total taxable income and federal income text paid as result of distribution is $500,000 and $105,000 respectively.
Explanation:
The computation of the taxable income and the federal income is shown below:
Taxable income = Taxable income + loss
= $500,000 + $0
= $500,000
Since the fair value is $20,000 is less than the mortgage on land i.e $25,000 so it would be a loss of $5,000 which would not be considered so we put the value zero.
And, the federal income equal to
= Taxable income × income tax rate
= $500,000 × 21%
= $105,000
Answer:
The value assigned to ending inventory if Niles uses "weighted average" is $320 ( to 160 units @ $2 )
Explanation: Number of units Price per unit Total
Purchases on March 1 = 110 $1.10 $1,21
Purchases March 7 = 210 $2.10 $441
Purchases March 16 = 110 $2.70 $297
Inventory on March 31 = 160 $2.00 $320
Weighted Average Inventory value = Accumulated Value / Total Number of units
Weighted Average Inventory value = ( 121 + 441 + 297 ) / ( 110 + 210 + 110 )
Weighted Average Inventory value = 1.997674419 = $2.00
After the sale, salespeople should only follow up with the buying center members who are directly involved in the use of the product.
The members of the buying center will be responsible for making decisions regarding variables that allow the monitoring of factors such as:
- Direct buyback
- New task
- Modified buyback
- Product type
This monitoring will help to understand consumption and satisfaction trends so that the purchase and sales strategy is carried out more effectively and aligned.
Therefore, salespeople should follow up after the sale only with buying center members, who will provide them with guidance to make more sales of certain most consumed products.
Learn more here:
brainly.com/question/12607810
Answer:
6,250 units
Explanation:
The computation of the number of units that should be sold and produced in order to break even is shown below:
as we know that
Break even point = Fixed cost ÷Contribution margin per unit
Here
Contribution margin per unit = Selling price - Variable costs
= $28 - $12
= $16
So, the breakeven is
= $100,000 ÷ $16
= 6,250 units
Answer:
Convenience store
Explanation:
a Convenience store is a retail store that provides a range of everyday products and impulse products. they are usually located in fuelling stations or along busy roads . these stores are usually opened for long hours
