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3 years ago

Sales tax is deducted from your gross wage. True False

Business

2 answers:

kompoz [17]3 years ago

5 0

Answer:

False

Explanation:

Sales Tax is applied when you purchase something.

kykrilka [37]3 years ago

3 0

The first option_________

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Shocker corporation's sales budget shows quarterly sales for the next year as follows: unit sales quarter 1 10,000 units quarter

valkas [14]

Answer:

Budgeted production for Q2 would be 8,800 units.

Explanation:

For Q2, sales for the quarter is 8,000 units .

The ending inventory is 20% of Q3.

Since sales for Q3 is 12000units,

20% × 12,000 =2,400 units

Total requirement is therefore 8000 units + 2,400 units = 10,400 units

The beginning inventory is 20% of Q2

Since sales for Q2 is 8,000 units,

20% × 8000 = (1,600) units

Budgeted Production for Q2 is therefore 8,800 units . I.e 10,400 units - 1,600 units

8 0

4 years ago

What is an important tool to remember when trying to achieve communication competence? A. you can never be too appropriate B. et

defon

Answer:

C. learn to communicate with people from different cultural backgrounds

Explanation:

Because communicating with people from different backgrounds will enhance the communicating competence of a person therefore it is the key determinant in this case.

7 0

4 years ago

Read 2 more answers

Consider the following information:Portfolio Expected Return Standard DeviationRisk-free 6.0% 0%Market 10.2 21A 8.2 10a. Calcula

zmey [24]

Answer:

Explanation:

Given the following :

Portfolio - - - - - - Expected return - - - Std

Risk-free - - - - - - - - 6.0% - - - - - - - - - - 0%

Market - - - - - - - - - 10.2 - - - - - - - - - - - - 21

A - - - - - - - - - - - - - 8.2 - - - - - - - - - - - - 10

Calculate the sharpe ratios for the market portfolio and portfolio A.

Sharpe Ratio = (Expected portfolio return - Risk-free rate of return) / standard deviation of portfolio return

Sharpe ratio of market portfolio:

(10.2 - 6) / 21

4.2 / 21 = 0.20

Sharpe ratio of portfolio A:

(8.2 - 6) / 10

2.2 / 10 = 0.22

B) NO

If simple CAPM is valid, the above situation is Not possible, BECAUSE, according to the simple Capital Asset Pricing Model, the market portfolio is the most efficient, however with a Sharpe ratio of 0.20, which is lower than the sharpe ratio obtained for portfolio A, 0.22 then, portfolio A is more efficient.

4 0

3 years ago

Javaprojavapro systems's static budget predicted production of and sales of 5555 connectors in august, but the company actuall

madreJ [45]

In this problem, you are given the amount of direct materials that was purchased by the company which is $6,184.

To record the purchase of the direct materials, the journal entry would be:

Materials $6,184

Cash $6,184

To record the usage of the direct materials to production, the entry would be:

Work in Process $6,184

Materials $6,184

7 0

3 years ago

The contribution approach to constructing income statements distinguishes between ______ costs.

Tatiana [17]

The contribution approach to constructing income statements distinguishes between<u> fixed and variable</u> costs.

<h3>What is fixed and variable cost?</h3>

Fixed cost can be defined as those cost that are constant and does not change or varies.

On the other hand variable cost is the opposite of fixed cost and can be defined as those cost that change or those cost that are not constant.

Some of the formula for contribution approach are:

Contribution Margin = Fixed Costs + Net Income

Contribution Margin Ratio = (Net Sales Revenue -Variable Costs ) / (Sales Revenue)

Therefore the contribution approach to constructing income statements distinguishes between<u> fixed and variable</u> costs.

Learn more about fixed and variable cost here:brainly.com/question/19339917

#SPJ1

3 0

2 years ago