When solving for the gross profit on a product use:
Gross profit = Sales - Cost of goods sold
Sales = $814,000
Cost of goods sold = $386,650
Gross profit = $814,000 - $386,650
Gross profit = $445,350
Answer: Option (c) is correct.
Explanation:
Correct Option: The corporate tax rate increases.
If there is an increase in the corporate tax rate then this will induce the firms to increase the amount of their debt. This is due to the fact that the firms with more debt are going to pay less tax because of the large interest expense. Due to large interest expenses, their income before tax reduces.
Hence, large corporate taxes encourage firms to increase the amount of debt. Therefore, the firms with no debt pays higher taxes than the firms with higher amount of debt.
I think the answer is family disputes
Answer:
The answer would be,
Explanation:
Voucher: They help record expenses and also help with your payment. They can also be defined as source documents that help identify the origin of a transaction.
Example: cash memos, pay-in-slips.
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
Current Consumption Marginal Rate of Substitution
= Marginal Utility (MU) of Pecan Pie ÷ Marginal Utility (MU) of Yogurt
= 2
Utility Maximized When Marginal Rate of Substitution (MRS)
= Marginal Utility of Pecan Pie ÷ Marginal Utility of Yogurt
= $3.75 ÷ $1.25
= 3
According to the analysis, Utility-maximizing MRS (3) is more than the current MRS (2). So to increase the utility bob should have to consume less pecan pie and more quantity of yogurt.
