Answer:
$14
Explanation:
Fee from customers = $4
Fee from producer = $10
Total Fee income received = 10+4 = $14
$14 should be recognized as income for each Riverdance ticket sold.
Ticket Now has sold the ticket (which is assumed to be nonrefundable) and it has performed what is required (to sale the tickets), so recognize the revenue of $14.
Answer: c. $3000
Explanation:
The amount Laura is required to report income is $3000 from her assistantship as this is regarded as a form of salary. While most of the income one earns through work or investments is required to be reported and are subject to federal income tax in some instances, certain categories of income that the government doesn't tax such as money from qualified scholarships. This is the reason the $6000 is not included in income. However, if some portions are used to pay for accommodation or personal expenses, that portion is usually reported.
Answer:
The answer is: C) Soft drinks
Explanation:
For this example we can use how the Coca Cola Company (we will call it C.C.C.) works around the world. The C.C.C. headquarters produce only the basic syrup (main and key ingredient) for the manufacturing of Coke around the world. Then it delivers it to hundreds of different factories located around the world and owned by different corporations that are licensed to manufacture, produce and sell Coke in their specific markets.
They do this because it would be almost impossible for C.C.C. to manufacture and deliver Coke produced only in Atlanta to the rest of the world. Due to its weight and volume the costs of transportation would be tremendous for every single bottle or can. Coke starts as a syrup and then they add water, sugar (sweeteners), carbonic gas, etc., and then they bottle it. All this is done to reduce logistics and transportation costs.
Answer:
Correct option is (a)
Explanation:
GDP or Gross domestic product includes monetary value of all goods and services produced within a country. It includes all private and public investments and exports less taxes and imports.
Option b, c and d are incorrect as GDP accounts for only domestic production and not foreign activities. Details about how income is distributed is not given by GDP. GDP provides details about economic condition of the nation. GDP does not indicate wholesome well being of the nation like human development, infant mortality and standard of living.
GDP accounts for factory production but does not account for any production carried out at the cost of environmental degradation.
Answer:
A loss of 69%
Explanation:
Price per share $100
Equity invested $10,000
Funds taken from broker $10,000 at an Interest rate 9.00%
Total investment $20,000
Price change 30.00% less
Margin required 30.00%
Total shares purchased from investing = 200 shares
The shares decrease in value by 30%: $20,000 * 0.30 = $6,000.
You pay interest of = $10,000 * 0.09 = $900.
The rate of return will be:
"$6,000 - $900" /"$10,000" = - 0.69 = - 69%