A lot of people think buying in bulk is the best way to shop. But one thing they do not think of is if they will be using these items in a timely manner. If you purchase paper towels or toilet paper, these are items that will always be used throughout the year. They will not expire. Buying food in bulk may not be the best spending choice because how much will you use before it expires?
Answer:
$3,992.87
Explanation:
To determine the amount that would be deposited every year, the formula to be used is : future value/ annuity factor
Annuity factor = {[(1+r) ^N ] - 1} / r
FV = Future value = $82,000
P = Present value
R = interest rate = 7.3%
N = number of years = 13
= (1.073)^13 - 1 / 0.073 = 20.536622
$82,000 / 20.536622 = $3,992.87
I hope my answer helps you
Answer:
<u>Direct labor hours.</u>
Explanation:
An activity base is considered every activity used in overhead allocation.
In service industries, it is more likely that the base of activity is direct working hours, to use this indirect cost allocation base, there must be an estimated amount of the total direct working hours that are used during the period. , using the estimate of a previous period as a projection for retraction or business growth. Once the estimate has been determined, the predetermined indirect rate used for indirect cost allocation can be found by dividing the estimated total indirect cost by the estimated total direct working hours.
The list address is an email address used to send messages for distribution to list subscribers.
Answer: 15%
Explanation:
From the question, we are informed that Carrie and Michael are married and will file a joint return and that they have a $5,000 long-term capital gain from the sale of stock. We are further told that their 2019 taxable income is $121,500.
Based on the above scenario, their capital gain will be taxed at a rate of 15%. This is due to the fact that when filing their status, they will be regarded as married and the applicable rate is 15% for an income that is between $78,751 and $488,850. Since they've $121,500 their rate will be 15%.
