Answer:
A. $150
Explanation:
Amount of car = $25,000
Initial payment = $2,500
If the family takes out a loan for the rest, the amount taken as loan
= $25,000-$2,500
= $22,500
If interest of 8% is charged on the loan for 5years, the interest charged for the 5years can be gotten using simple interest formula:
Simple interest = principal × rate × time/100
Simple interest = $22,500×8×5/100
Simple interest = $9,000
If total interest paid for 5years = $9,000
The family monthly payment will be:
= $9000/5×12 (since there are 12months in a year)
= $9,000/60
= $150
Answer:
The answer is D) None of these statement is relevant in the decision to further process the cream into butter.
Explanation:
option A) the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.
Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.
Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.
Question Completion with options:
Select one:
a. Include the $5,000 in total income on Form 1040
b. Include the $5,000 as a capital gain on Schedule D
c. Include the $5,000 as self-employment income on Schedule C
d. Include the $5,000 as interest income on Form 1040
Answer:
Loc Nguyen should:
b. Include the $5,000 as a capital gain on Schedule D.
Explanation:
Both long-term and short-term capital gains and deductible capital losses are reported on Schedule D of Form 1040. If the gain from the sale of the boat is a long-term capital gain, it will be subject to the lower capital gain tax rate of up to 20%, unlike the short-term capital gain that attracts a rate of up to 37%.
The merger is an example of
<h3>What is a vertical merger?</h3>
A merger occurs when one firm is absorbed by another firm. When a merger occurs, one of the firms would not exist as a separate entity while the other firm would continue to exist.
A vertical merger is when a firm purchases another firm in the same production line. e.g. a baker purchases a pastry distributing company.
To learn more about mergers, please check: brainly.com/question/1086715