Answer and Explanation:
The best type of investment income that is earned is tax-exempt that depend upon the commission only also the income that is spent should be bigger for the recipient
And at the time of seeking advice, the fee only should be likely to offer an unbiased advice because no other extra financial gains should be advised for an investment made except this professional fee
While the other options are ignored as they contain some interest regarding a commission for advising to their clients
Answer:
Follows are the solution to the given points:
Explanation:
In point a:
Formula:
In point b:
Formula:
In point c:
Formula:
In point d:
Formula:
In point e:
Formula:
Answer:
Amount of inventory transferred=$197,600
Amount of inventory in work in process=$39,900
Explanation:
Amount of inventory transferred=Number of units*cost per unit
cost per unit= material cost per unit+ conversion cost per unit
=$9+$4
=$13
Amount of inventory transferred=15,200*13=$197,600
Amount of inventory in work in process=3,500*9*100%+3,500*4*60%
=$39,900
Answer: $615,810
Explanation:
The Book Value of the Asset at the end of 4 years will be;
= Cost of equipment - Accumulated Depreciation
= 3,250,000 - ( 3,250,000 * ( 20% + 32% + 19.20% + 11.52%))
= 3,250,000 - 2,688,400
= $561,600
The Equipment will be sold at $645,000 meaning a gain is made
= 645,000 - 561,600
= $83,400
Tax to be paid is;
= 83,400 * 0.35
= $29,190
After-tax salvage value of the equipment = Sales Price - Tax
= 645,000 - 29,190
= $615,810
Answer:
A) Belgium's standard of living will never equal Austria's.
Explanation:
The rates of change in the GDP per person for both Austria and Belgium are, respectively:
Comparing both rates of change, it can be observed that Austria's GDP per person is increasing at a higher rate than Belgium's, and since Austria initially had a higher GDP per person, Belgium's standard of living will never equal Austria's.
