6800*.64= 4352
Ernesto payed $ 4352 in tax
Answer:
Financial disadvantage from further processing = $(9)
Explanation:
<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost. </em>
<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further . </em>
$
Sales revenue after crushing 55
Sales revenue at the split-off point <u>81</u>
Additional sales revenue 26
Further processing cost <u> (35)</u>
Net income after further processing <u> (9)
</u>
Financial disadvantage from further processing = $(9)
<em>Kindly note that the allocated joint costs( cost of sugar and crushing) are irrelevant. This implies that whether or not the intermediate products are processed further the joint costs are irrelevant to the decision to process the beet juice further</em>.
Answer:
-$4,150
Explanation:
Calculation to determine your net profit or loss on this investment
Using this formula
Net profit/Loss=(Option price per share-Exercise price+Stock price)×100×10
Let plug in the formula
Net loss = ($0.85 - $39 + $34) × 100 × 10
Net loss =-$4.15×100×19
Net loss = -$4,150
Therefore your net loss on this investment is -$4,150
