Answer:
The law of supply reflects the amount that producers will want to offer at each price in a series of prices.
Explanation:
The law of supply determines that the quantity offered of a good increases as its price increases, keeping the remaining variables constant. The quantity offered is directly proportional to the price.
Specifically, it determines the amount of a particular good or service that is offered by the producers taking into account its price. Usually the relationship between this quantity and the price variable will be direct or positive, unlike in the demand law.
Vested funds are the employers contribution and the non vested funds are the contribution of employee.
Answer:
b. False.
Explanation:
Southwest does not possess all the characteristics of a monopolist in the market. Some of the characteristics of a monopolist are: profit maximizer, price maker, high barriers to entry, single seller, and price discrimination. Since Delta Airlines is able to enter the market, it means that Southwest is a competitor with Delta and not a monopolist in the real sense. The fact is that Southwest has a dominant strategy in this market.
Tax is calculated using the formula:
Tax amount = (% Tax)
After-tax income can be calculated using the formula:
After-tax income = (1 - %tax / 100) * Income
We are given that:
% tax = 40%
Say for the income, this is only the amount needed for
the Mercedes so, Income = $60,000
After-tax income = (1 – 40 / 100) * $60,000
<span>After-tax
income = $36,000</span>
Answer:
$ 142,800.00
Explanation:
The ending inventory can be computed by rearranging the cost of goods sold formula:
cost of goods sold=Beginning inventory+net purchases-ending inventory
ending inventory=beginning inventory+net purchases-cost of goods sold
beginning inventory is $92,000
Net purchases=purchases-discount+freight-in charges-purchase return
net purchases=$425,000-($425,000*1%)+$7000-($5000*99%)=$422,800.00
cost of goods sold is $372,000
ending inventory=$92,000+$422,800-$372,000=$ 142,800.00