The cost of goods purchased for the period is $90,000 having the required account balances .
<h3>Account balances </h3>
An account balance is the amount of money present in a financial repository, such as a savings or checking account, at any given moment. The account balance is always the net amount after factoring in all debits and credits. An account balance that falls below zero represents a net debt—for example, when there is an overdraft on a checking account. For financial accounts that have recurring bills, such as an electric bill or a mortgage, an account balance may also reflect an amount owed.
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Answer:
The correct answer to the following question will be "$831".
Explanation:
- Mary Matthews is a married woman, however, her gross salary is $950 per two weeks, as well as the compensation amount, is 2. The year 2018 married bi-weekly wage category table would be used to determine the sum to be withheld underneath the framework of wage class.
- The applicable limit for $950 throughout the list is between $945 or $965 as well as $19 seems to be the amount of funding tax must keep for 2 allowances.
So that the compensation would be:
The sum is taken by her to their residence = Gross Salary - Income Tax deferred - Contribution towards 401k
= $950 - $19 - $100
= $831
Answer:
The correct answer is letter "E": liking.
Explanation:
The six (6) buyer-readiness stages are <em>awareness, knowledge, liking, preference, conviction, </em>and<em> purchase</em>. In the liking stage, the consumer feels positive about the goods or services. It is caused because of many factors such as advertising which adds value to the product making it seem inviting and reachable.
Answer:
a condition subsequent.
Explanation:
Based on the scenario being described within the question it can be said that this clause is known as a condition subsequent. This refers to an event or state of affairs that causes something else to come to a close, usually being an individuals legal rights or duties that come to an end. Which in this case if the condition is met in this scenario then it would cause Jack to retrieve the right to sell the frozen food himself.
Answer:
$26.52.
Explanation:
We use the MM Proposition I formula as follows:
VL = VU + (Tc * D) ....................................................... (1)
Where;
VL = Value of a levered firm, i.e. X = ?
VU = Value of an unlevered firm, i.e. Y = $24
Tc = Tax rate = 21%
D = value of debt = $12
Note: The US 2020 corporate tax rate is used as the tax rate since no tax rate is given in the question.
Substituting the values into equation (1), we have:
VL = $24 + (21% * $12) = $24 + $2.52 = $26.52.
Therefore, According to MM Proposition I, the stock price for Firm X is closest to $26.52.