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3 years ago

1. What age group represents the highest percentage of taxpayers in 2016?

1 answer:

8 0

Out of the roughly 142 million filers, people under the age of 35 account for 35 percent of all returns but just 17 percent of total AGI. By far, the largest number of filers are between the ages of 35 and 55, and they account for nearly half of total AGI

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A professional basketball players' union negotiates a contract that dramatically increases all players' salaries. How would this

Misha Larkins [42]

Answer:

B) It would increase the opportunity cost of becoming a broadcaster.

Explanation:

Opportunity costs are defined as the cost of choosing one alternative activity or investment over another.

The basketball player has two options, he can continue to play for an NBA team with a much better salary, or he can decide to become a broadcaster. If the player decides to quit basketball, then he will lose more money due to pay raise. That amount of money that he will lose if he decides to become a broadcaster is the opportunity cost of becoming a broadcaster. Since the pay increase raised the player's salary, the opportunity cost of becoming a broadcaster also increases.

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3 years ago

Marketers segment broad markets into smaller target segments based on a variety of _____.

scZoUnD [109]

<span>Market segmentation is the process of dividing a larger market into smaller groups (segments). </span><span>Marketers segment broad markets into smaller target segments based on a variety of</span> based on meaningfully shared characteristics.
These characteristics can be behavioral, geographic and demographic.

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3 years ago

The assets for BIZZ0 in 2018 were $187,300; the liabilities for that year were $275,600; and the net income was $17,700. What wa

Leto [7]

Answer: 9.45%

Explanation:

From the question, we are informed that the assets for BIZZ0 in 2018 were $187,300, the liabilities for that year were $275,600; and the net income was $17,700.

The return on income for the year will be:

= ( Net Income / Total Assets ) × 100

= ($17,700 / $187,300) × 100

= 0.0945

= 9.45%

8 0

3 years ago

2. Chico Co. sold $4 million of 10-year bonds on December 31, 2015, with interest payable June 30 and December 31 at an annual r

Aleonysh [2.5K]

Answer:

The requirement of the question is provided below:

a. What were the proceeds received by Chico upon the sale of the bonds?

b. Prepare the entry made by Chico to record the sale of the bonds on December 31, 2015.

The proceeds from the issue is $4,498,488.41

The entries are:

Dr Cash $4,498,488.41

Cr Bonds payable $4,000,000

Cr Premium on bonds payable $498,488.41

Explanation:

The first task here is to determine the proceeds from the issue, which can be done using the present value formula in excel.

=pv(rate,nper,pmt,fv)

rate is the effective rate of 10% divided by 2,since coupon is paid twice a year.

nper is the time to maturity of 10 years multiplied by 2

pmt is the coupon payment paid twice a year, that is :12%/2*$4000,000=$240,000

fv is the value expected by investors upon redemption that is $4 million

=-pv(5%,20,240000,4000000)

pv=$4,498,488.41

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3 years ago

Read 2 more answers

Kathy reviews her division's new marketing plan. Beyond evaluating the plan in terms of its ability to create value for the inte

Nadusha1986 [10]

Answer:

The correct answer is "Is consistent with the company's mission statement".

Explanation:

A company's mission is the reason why a company exists and is created. It states the reason for its existence, as well as indicating the activity that the company carries out. The marketing plan is strongly linked to the company's mission, to be in line with the guidelines that the company has for its workers.

Have a nice day!

4 0

3 years ago