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2 years ago

PLEASE do your best on these questions, it’s 75% of my grade

Business

2 answers:

Simora [160]2 years ago

8 0

Answer:

Explanation:

Im pretty sure its C. Everyone has to sign a lease when renting something

r-ruslan [8.4K]2 years ago

6 0

C it’s mandatory to be on a lease for a apartment or house

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Hank has a 32% marginal tax rate and has already recognized a STCL of $8,000 and a L TCG of $5,000, both due to the sale of stoc

Ivenika [448]

Answer:

The increase in his tax liability is $1,120

Explanation:

STCL due to sale of stock = $8,000

LTCG due to sale of stock = $5,000

∴Net STCL = $8,000 - $5,000

Net STCL = $3,000

LTCG on sale of antique clock = $7,000

∴Net LTCG on sale of antique = $7,000 - $3,000 = $4,000

LTCG on sale of antiques is taxed at the rate of 28%

∴ Tax liability = $4,000 * 28%

Tax liability = $4,000 * 0.28

Tax liability = $1,120

6 0

3 years ago

A book on how to invest in collectibles spends several weeks on best seller lists. The paperback book was originally released fo

miskamm [114]

Answer:

inelastic demand

Explanation:

Price elasticity of demand (PED) measures the proportional change in quantity demanded when the price of a product or service changes:

when a 1% decrease in price, increases quantity demanded in a smaller proportion, the PED is said to be inelastic.
when a 1% decrease in price, increases quantity demanded in a larger proportion, the PED is said to be elastic.
when a 1% decrease in price, increases quantity demanded in the same proportion, the PED is said to be unit elastic.

In this case, the decrease in price (-2%) barely increased the quantity demanded, therefore, the PED is inelastic.

4 0

3 years ago

Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C

Vitek1552 [10]

Answer:

Bruce Corporation

Minutes of Grinding Machine Time required to satisfy demand for all four products:

Total Grinding Machine Time

Product A = 4.10 minutes * 4,300 demand units = 17,630 minutes

Product B = 5.60 minutes * 4,300 demand units = 24,080 minutes

Product C = 4.60 minutes * 3,300 demand units = 15,180 minutes

Product D = 3.70 minutes * 2,300 demand units = 8,500 minutes

Total = 65,400 minutes

Explanation:

The total minutes of Grinding Machine Time required to satisfy monthly demand for each product is calculated by multiplying the units demanded by the grinding minutes per unit.

This gives total minutes required for each product. Then, when they are summed, the total Grinding Machine Time is obtained.

This total can be compared to the total available minutes per month of 53,900 to obtain the additional minutes required above the minutes available in order to satisfy the products' demands.

8 0

3 years ago

Preparing Entries Across Two Periods Hatcher Company closes its accounts on December 31 each year. On December 31, 2018, Hatcher

padilas [110]

Answer and Explanation:

The journal entries are shown below

On Dec. 31, 2018

Interest receivable $600

To Interest income $600

(Being accrued interest earned is recorded)

On Dec. 31, 2018

Interest income $2,400

To Retained earnings $2,400

(Being the closing of interest income is recorded)

On Jan. 31, 2019

Cash $900

To Interest receivable $600

To Interest income $300

(Being cash receipt of interest is recorded)

3 0

2 years ago

Why is it sometimes difficult for mananger to get others to do what they want them to do

aivan3 [116]

It isometrics difficult for a manager to get others to do what they want because not to many people listen and people decide to not take the manager seriously.

5 0

3 years ago