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tamaranim1 [39]
3 years ago
7

Understanding opportunity cost

Business
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Luda [366]3 years ago
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Tourmaline Corporation, a calendar year C corporation, has taxable income of $1.3 million and $3 million for 2017 and 2018, resp
oksano4ka [1.4K]

Answer:

The minimum 2018 estimated tax installment payments for Tourmaline are;

April 15, 2018, $68,250; June 15, 2018, $246,750; September 15, 2018, $157,500; December 15, 2018, $157,500.

Explanation:

3 0
3 years ago
Number of Employees 20 Average Salary per employee $ 30,000 Weeks per year 52 Minutes available per week 2,400 Practical capacit
stich3 [128]

Answer:

1,996,800 minutes

Explanation:

Calculation for what is the practical capacity of resources supplied in minutes

Practical capacity of resources supplied =52 weeks × 2,400 minutes per week× 80% × 20 employees

Practical capacity of resources supplied= 1,996,800 minutes

Therefore the practical capacity of resources supplied in minutes is 1,996,800 minutes

7 0
3 years ago
A large manufacturing firm has been selling on a 3/10, net 30 basis. The firm changes its credit terms to 2/20, net 90. What cha
kifflom [539]

Answer: Increased payables and decreased bank loans

Explanation:

It should be noted that 3/10, net 30 simply means when customer pays in 10 days, such person will get a 3% discount, if not the person will have to pay in full within the 30 days.

On the other hand, 2/20, net 90 means that when customer pays in 20 days, such person will get a 2% discount, if not the person will have to pay in full within the 90 days.

Therefore, the change that this will lead to on the balance sheets of its customers will be an increased payables as there'll be more time to make payment for the goods and decreased bank loans.

3 0
3 years ago
An agreement between a business and a consumer to cover the repair cost of a project is know as a
eimsori [14]

C because they are repairing something

6 0
3 years ago
Two characteristics of sociological minorities are _____ and _____.
inysia [295]
The answer is D.  Physical or cultural difference; subordination.
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3 years ago
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