Answer:
a) gross pay
c) $1,496.34.
Explanation:
The realized income is the amount you actually received and it is taxable. According to this, the answer is gross pay as it is the money you earn before taxes are deducted.
-Realized income:
$12.75*40= 510*4 = $2,040
FICA (7.65%)= $156,06
Federal withholding (12%)= $244,8
state withholding (7%)= $142,8
$2,040-$156,06-$244,8-$142,8= $1,496.34
Answer:
$980,879
Explanation:
Recall that
PVAn = (CF1 / (i - g)) × [1 - ((1+g)n/ (1+i))n]
Where
CFI = 120000 × 2.5%
= 123000
i = 15%
g = 2.5%
n = 50
Thus
PVAn = ($123,000 / (15% - 2.50%)) × [1 - ((1+2.5%)50 / (1+15%))50]
= 984000 × 1 - (51.25)/(57.5)
= 984000 × 0.996828
= 980,878.752
= $980, 879
The process of determining the probability that potential customers will not pay is called <u>"credit analysis".</u>
Credit analysis is a sort of analysis an investor or bond portfolio chief performs on organizations or other obligation issuing substances to gauge the element's capacity to meet its obligation commitments. The credit investigation looks to recognize the suitable dimension of default chance related with putting resources into that specific substance.
The result of the credit analysis will figure out what hazard rating to appoint the obligation guarantor or borrower. The hazard rating, thus, decides if to stretch out credit or advance cash to the obtaining substance and provided that this is true, the sum to loan.
Answer:
Imitation.
Explanation:
Organizations following an imitation strategy try to both minimize risk and maximize opportunity for profit, moving into new products or new markets only after innovators have proven their viability. Imitation strategy is one the most effective way of saving your time, energy and money. It is known as the low-cost strategy as well particularly when the option of choosing and selecting is too difficult or costly. This strategy has been widely and successfully used by many well-renowned brands, for example, Coca Cola, once has imitated RC Cola when they replicated their diet cola options, McDonald's has taken the idea of fast food chin from the White Castle.
Answer:
The total reported inventory value is $1,130.
Explanation:
Note: The data given the question are sorted and presented properly as follows:
<u> Selling Price </u> <u> Cost </u>
Large animals:
Cattle $320 $160
Horse 400 400
Small animals:
Cat $360 $320
Dog 120 90
Exotic pets:
Ferret $140 $112
Iguana 70 48
Based on the lower of cost and net realizable value rule, we select the lower and determine the reported inventory value as follows:
<u>Details Value ($) </u>
Large animals:
Cattle 160
Horse 400
Small animals:
Cat 320
Dog 90
Exotic pets:
Ferret 112
Iguana <u> 48 </u>
Total value <u> 1,130 </u>
Therefore, the total reported inventory value is $1,130.