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yaroslaw [1]
4 years ago
8

A) create an introductory section where you clearly define risk.

Business
1 answer:
e-lub [12.9K]4 years ago
5 0
C. <span>identify the potential risks found in the organization and for it's ability to function in it's chosen business vertical (i.e. government, financial, commercial, industrial, shipping & logistics, etc.).</span>
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Suppose the government taxes 10 percent of the first $30,000 in income, 20 percent of the next $20,000 in income, and 30 percent
dangina [55]

The marginal tax rate and the average tax rate for a person who earns $70,000 will be  $1,443 per month.

<h3>Marginal tax rate </h3>

The marginal tax rate is the amount of additional tax paid for every additional dollar earned as income. The average tax rate is the total tax paid divided by total income earned. A 10 percent marginal tax rate means that 10 cents of every next dollar earned would be taken as tax.

<h3>Average tax rate </h3>

A taxpayer's average tax rate (or effective tax rate) is the share of income that they pay in taxes. By contrast, a taxpayer's marginal tax rate is the tax rate imposed on their last dollar of income. Taxpayers' average tax rates are lower — usually much lower — than their marginal rates.

Learn more about marginal tax rate and average tax rate here :

brainly.com/question/10798743

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6 0
2 years ago
Sullivan Company uses the periodic inventory system. The following balances were drawn from the accounts of Sullivan Company pri
Arada [10]

Answer:

$11,800

Explanation:

Calculation to determine the gross margin that will be shown on the income statement bartley

First step is to calculate the Cost of goods sold

Cost of goods sold = 5,100 + 9,900 + 1,350 - 1,150 - 5,500

Cost of goods sold = $9,700

Now let determine the Gross margin

Using this formula

Gross margin=Sales-COGS

Let plug in the formula

Gross margin = $21,500 - $9,700

Gross margin = $11,800

Therefore the gross margin that will be shown on the income statement bartley is $11,800

5 0
4 years ago
Le Place has sales of $439,000, depreciation of $32,000, and net working capital of $56,000. The firm has a tax rate of 34 perce
Dennis_Churaev [7]

Answer:

Explanation:

Sales$439,000

Profit Margin = 6% x $439,000 = $26,340

Tax liability = 34% x $26,340 = $8,956.

Cash flow from operations:

Net income $26,340

Add depreciation $32,000

Deduct net working capital changes -$56,000

Deduct tax liability $8,956

Cash flow from operating activities -$6,616

5 0
3 years ago
For Bonita Industries at a sales level of 4000 units, sales is $69000, variable expenses total $46000, and fixed expenses are $2
Marysya12 [62]

Answer:

the contribution margin per unit is $5.75 per unit

Explanation:

The computation of the contribution margin per unit is shown below:

The Contribution margin per unit is

Contribution margin per unit= Contribution margin ÷ Sales units

= ($69,000 - $46,000 ) ÷ 4,000

= $5.75 per unit

Hence, the contribution margin per unit is $5.75 per unit

We simply applied the above formula so that the correct value could come

And, the same is to be considered

7 0
3 years ago
Classify each cost as either a product cost or a period cost. Indicate whether each product cost is a direct materials cost, a d
chubhunter [2.5K]

a. Salary of chief compliance officer of company

b. Power used by painting equipment

c. Instrument panel installed in the airplane cockpit

d. Annual bonus paid to the chief operating officer of the company

e. Turbo-charged airplane engine

f. Interior trim material used throughout the airplane cabin

g. Cost of normal scrap from production of airplane body

h. Hourly wages of employees that assemble the airplane

i. Salary of the marketing department personnel

j. Cost of paving the headquarters employee parking lot

k. Cost of electrical wiring throughout the airplane

l. Cost of electronic guidance system installed in the airplane cockpit

m. Salary of plant manager

n. Cost of miniature replicas of the airplane used to promote and market the airplane

o. Human resources department costs for the year

p. Metal used for producing the airplane body

q. Annual fee to a celebrity to promote the aircraft

r. Hydraulic pumps used in the airplane's flight control system Product costs-  

s. Yearly cost of the maintenance contract for robotic equipment

t. Prebuilt leather seats installed in the first-class cabin

u. Depreciation on factory equipment

v. Special advertising campaign in Aviation World magazine

w. Oil to lubricate factory equipment

x. Masks for use by painters in painting the airplane body

y. Decals for cockpit door, the cost of which is immaterial to the cost of the final product

z. Salary of chief financial officer

Answer:

A) period costs- administrative expense

B) product cost-factory overhead cost

C) product cost-direct materials cost

D) period costs- administrative expense

E) Product costs-direct materials cost

F) Product costs-direct materials cost

G) Product costs-factory overhead cost

H) Product costs-direct labor cost

I) Period costs-selling expense

J) Period costs-administrative expense

K) Product costs-direct materials cost

L) Product costs-direct materials cost

M) Product costs-factory overhead cost

N) Period costs-selling expense

O) Period costs-administrative expense

P) Product costs-direct materials cost

Q) Period costs-selling expense

R) Product costs-direct materials cost

S) Product costs-factory overhead cost

T) Product costs-direct materials cost

U) Product costs-factory overhead cost

V) Period costs-selling expense

W) Product costs-factory overhead cost

X) Product costs-factory overhead cost

Y) Product costs-factory overhead cost

Z) Period costs-administrative expense

6 0
4 years ago
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