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3 years ago

An application of the Law of Supply is,

1 answer:

3 0

Answer:The law of supply says that a higher price will induce producers to supply a higher quantity to the market. Supply in a market can be depicted as an upward sloping supply curve that shows how the quantity supplied will respond to various prices over a period of time.

Explanation:

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Your german friend has decided to come and visit you in the u.s. you estimate the cost of her trip at $2,200. what is the cost t

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2200 times 1.2452
2739.44 euros

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3 years ago

Naomi received a Form 1099-DIV reporting $104 in dividends for 2018. She had previously elected to have these dividends reinvest

andrew11 [14]

Answer: C - Taxable on her 2018 return and increase her basis in the stock.

Explanation: Dividends are the returns on investment which can be cash dividend or stock dividend.

These dividend received can be reinvested. If cash dividend is given, it can be reinvested into purchase of more stocks while if its stock dividend it might not be taxed immediately until the stock are sold.

Tax rate on investment is lower than the income tax rate. Dividend can be classified as ordinary dividend or qualified dividend.

An ordinary dividend are taxed as ordinary income while qualified dividend are that meets a certain criteria as subject to a lower Capital gains tax.

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4 years ago

Assuming a 21 percent marginal tax rate, compute the after-tax cost of the following business expenses: $5,800 premium on busine

geniusboy [140]

Answer:

a) $4,582 b) $1,400 c) $3,900 d) $52,000 e) $7,160

Explanation:

The assumption is that the marginal tax rate is 21%

Therefore,

a) Calculate the after tax cost on $5,800 premium on business property and casualty insurance

First, it should be noted that the insurance premium on business property and casualty is tax deductible therefore, the calculation is as follows

$5,800 - ($5,800 x 0.21)

= $5,800 - $1,218

= $4,582

b) $1,400 fine paid for business entertainment

The fine paid on business entertainment is not tax deductible hence the after tax cost remains $1,400

c) $3,900 premium on key-person life insurance

Life insurance premium is not tax deductible, therefore the after tax cost remains $3,900

d) $52,000 political contribution

This political contribution is also not tax deductible, the after tax cost remains $52,000

e) $8,000 client meals

The congress has only allowed a deduction of 50% of most business meals

Therefore

$8,000 - ($4000 x 0.21)

$8,000- 840

=$7,160

6 0

3 years ago

Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The

Verdich [7]

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Calculating the monthly rate:

The 1st quarter sales is Q1

The 2nd quarter sales is Q2

Note:

Q1= January, February & March

Q2= April, May & June

Given from the question:

Q1= 1200 gallons

Q2= 800 gallons

The monthly sales rate of is calculated by dividing the quarterly rate by 3

Q1= 1200 gallons/3 = 400

Q2= 800 gallons /3 = 266.6

The monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

<h3>What is sales forecasting?</h3>

Sales forecasting can simply be defined as the process of estimating the future revenue by predicting the amount of goods, products or services a sales unit will sell in the next week, month, quarter, or year.

Therefore, the monthly sales rate made from granite paints in Central incorporations is:

February = 400 gallons

March = 266.6 gallons

Complete question:

Central, Inc., is a manufacturer of granite paints. Sales are seasonal due to the seasonality in the home-building industry. The expected pattern of sales for the first quarters of 2011 is as follows: Sales in Units 1st quarter 2nd Quarter Quantity 1,200 gallons 800 gallons

How much quantity sales of granite paint was sold in month of

(I) February

(II)May

Learn more about sales forecasting;

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2 years ago

The nike swoosh is an example of ________ tools to create a position for the brand that distinguishes it from its competitors?

Jet001 [13]

Answer:

Symbolism

Explanation:

The nike swoosh is an example of position based on symbolism tools for the brand to distinguishes itself from its competitors?

Cheers

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3 years ago