Answer:
The simple rate of return on the investment is closest to: C. 10.6%
Explanation:
In Hartong Corporation:
Increasing net income = Increase sales revenues - Cash operating expenses - Annual depreciation expense = $185,000 - $89,000 - $52,000 = $44,000
This is the net income from the equipment per year
Return on the investment (ROI) is calculated by using following formula:
ROI = (Net income/Cost of investment
)x 100%
Cost of investment = Cost of equipment = $416,000
ROI = ($44,000/$416,000) x 100% = 10.6%
Answer:
Option D amount received by sellers minus the cost to sellers.
Explanation:
The producer surplus is the difference between the amount that the seller actually received and the amount the seller wants to receive.
Producer Surplus = Amount actually received by the seller - Amount the supplier wants to receive
All the remaining options discusses buyer influence which shows that these are totally incorrect and the only option that is correct is option D.
Answer:
A) Katie's maximum deduction is $200,000 x 20% = $40,000
But we must check that her deduction meets 3 requirements:
- cannot exceed 50% of her earned wages = $300,000 x 50% = $150,000 ✓ requirement met
- cannot exceed 25% of her earned wages + 2.5% of qualified property = ($300,000 x 25%) + ($150,000 x 2.5%) = $78,750 ✓ requirement met
- cannot exceed 20% of taxable income = $400,000 x 20% = $80,000 ✓ requirement met
B) Katie's maximum deduction is $400,000 x 20% = $80,000, but since her net business income is higher than her taxable income, she must calculate 20% x $350,000 (taxable income) = $70,000 (same as requirement 3 in previous answer)
Answer:
i-... is that a genuine question or.. 0-0
Explanation:
Answer:
The correct answer is $200
Explanation:
The interest expense appearing on the company's income statement in year 1 is for a period of four months(September to December) year 1.
The interest expense using an annual rate of 6% is computed thus:
interest expense=$10,000*6%*4/12=$200
The correct option is $200 which is not one of the options provided,hence the options need.
In another version of the question,option D was $200 which shows is missing here,
All in all, the correct answer is $200 interest for a period of four months from September to December
