Answer:$0
Explanation:
Because because Black must actually grant a bonus to Hewlett and Martin
Answer:
$3,240
Explanation:
Calculation for the annual tax liability on the property
Using this formula
Annual tax liability= (Tax rate× Real property )
Where= Tax rate =18 million
Real property=180,000
Let plug in the formula
Annual tax liability=( .018x180000)
Annual tax liability=$3,240
Therefore the annual tax liability on the property is $3,240
Answer:
d. a $10,000 decrease.
Explanation:
The computation of the impact on the income is given below:
In case of making the product
= Direct material + direct labor + variable manufacturing overhead + rented
= $100,000 + $160,000 + $60,000 + $10,000
= $330,000
And, in case of buying the product
= 20,000 × $17
= $340,000
So there is a decrease of $10,000
Answer:
$48,000
Explanation:
Computation for Brain's cash flows from operating activities
CASH FLOW FROM OPERATING ACTIVITIES
Net income$45,000
Add: Decrease in Account receivable $1,000
($23,000-$22,000)
Add: Increase in Account Payable $2,000
($26,000-$28,000)
Cash flows from operating activities $48,000
Therefore Brain's cash flows from operating activities would be: $48,000
Answer:
Ending inventory= 30,000
Explanation:
Giving the following information:
Its beginning inventory is $70,000, goods purchased during the period cost $240,000, and the cost of goods sold for the period is $280,000.
The ending inventory is the cost of the units remaining at the end of the period.
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
280,000= 70,000 + 240,000 - ending inventory
ending inventory= 70,000 + 240,000 - 280,000
Ending inventory= 30,000