To find the Inn's nightly cost before tax is added you will divide the total cost of the room $144.16 by the tax rate of 6%. When you divide the tax rate you will move the decimal over and use the number 1.06 (6%). When you divide $144.16 by 1.06 the answer is $136 per night before tax. To check your work you can multiply $136 by 1.06 giving you a total cost of $144.16 after tax.
Answer:
A
Explanation:
If there is an increase in the demand for movies, producers would want to make more movies. This would lead to an increase in the demand for actors
The demand for actors can be seen as derived demand.
Derived demand is demand for a good or service that is dependent on the demand for another good.
Due to the increase in the demand for actors, there would be a rightward shift of the demand curve for actors. This would lead to a rise in equilibrium salary for actors and an increase in equilibrium quantity of actors.
As a result of the increase in the salary of actors, the cost of producing a movie increases.
Answer:
This question is incomplete, it misses the options. The options are the following:
a. team
b. standing committee
c. permanent committee
d. task force
e. none of these
And the correct answer is the option D: task force.
Explanation:
To begin with, the concept of <em>''task force'' </em>involves the situation where a group of people is formed in order to achieve a certain goal the quicker as possible and then disbanded once that goal is complete. It is a concept that was introduced by the army of the United States and later adjusted to the working areas of the business world in order to work in pairs in a particular mission or task.
Answer:
$13,717
Explanation:
The amount of AMTI is ($100,000+$30,000) $130,000.
AMT base
= $130,000 - $83,400
=$46,600.
TMT is $46,600 × .26 = $12,116.
Their tax liability which is $13,717 is greater of the TMT or regular tax which is $12,116.
Hence , the amount of their total tax liability in this case is $13,717
Answer: B) The option premium is greater or equal to its intrinsic value because of the time premium.
Explanation:
The option premium can be calculated by adding the time premium and the intrinsic value. The time premium is the part of the option premium that accounts for the time remaining till the premium matures while the intrinsic value is the difference between the value of underlying asset and the strike price.
As the time premium can be zero but never negative, the option premium can either be greater than its intrinsic value or equal to it. It cannot be lower than it because of the time premium.