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3 years ago

‘In 1999 the UK government

Business

1 answer:

Naddika [18.5K]3 years ago

5 0

Answer:

this would hurt the economy

Explanation:

when the minumun wage is raised or a limit is put on to it and the employers would have to make up for the lost money so yes they would now have a minumun wage but a bundle of bannanas would be 1$ more forcing every to cut budgets and landlords to raise the rent. A bunch of other reasons but its bad.

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During the fiscal year, a company had revenues of $400,000, cost of goods sold of $280,000, and an income tax rate of 30 percent

tatiyna

Answer:

$84,000

Explanation:

A company's net income can be determined by subtracting the cost of goods sold from the revenues to obtain the income before taxes and then multiply it by one minus the tax rate.

If revenues are $400,000 and cost of goods sold are $280,000 at a tax rate of 30%, net income for the year is:

$N=(\$400,00-\$280,000)*(1-0.3)\\N=\$84,000$

The company's net income for the year is $84,000.

8 0

3 years ago

Keyser Beverage Company reported the following items in the most recent year.

sladkih [1.3K]

Answer:

Net cash provided by operating activities = $49,730

Net change in cash during the year = $56,750

Explanation:

CASH FLOWS FROM OPERATING ACTIVITIES $

Net Income 43,490

Adjustments to reconcile net income to

net cash provided by operating activities:

Depreciation on Fixed Assets 7,970

(Increase) Decrease in Current Assets:

Accounts Receivables (10,700)

Increase (Decrease) in Current Liabilities:

Accounts Payable 8,970

NET CASH PROVIDED BY OPERATING ACTIVITIES 49,730

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Equipment (9,000)

NET CASH USED IN INVESTING ACTIVITIES (9,000)

CASH FLOWS FROM FINANCING ACTIVITIES

Payment of Cash Dividends (5,480)

Issue of notes payable 21,500

NET CASH PROVIDED (USED) IN FINANCING ACTIVITIES 16,020

NET INCREASE (DECREASE) IN CASH 56,750

3 0

3 years ago

As the Chief Marketing Office (CMO) for a $100 million product company you need to lead the development of marketing plan for th

sveta [45]

Answer:

Explanation:

describe the elements of a strategic marketing plan

8 0

2 years ago

The impact of Inequality on businesses

ivanzaharov [21]

Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.

Explanation:

3 0

3 years ago

Two years from now, your mother will receive the first of three annual payments of $20,000 from a small business project. If she

Zarrin [17]

Answer:

i think FV(10) is 110,000.

Explanation:

Suppose today is 1/1/2000, two years from now, ur mom will get the first payment in 2002, and then the second is 2003, and the last is in 2004. U can calculate those number to bring it back to 2000, so u can calculate PV= 46,446 .Then, from 2004, ur mom plans to retire six years later from 2004, which means,2010 (she will begin retire in 2010, last day of 2009, 31/12/2009). Then u will calculate the FV= PV.(1+9%)^10= 110,000

5 0

3 years ago