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4 years ago

Which of the following term describes what a manufacturer spends for goods or services? A. cost B. price C. markup

1 answer:

7 0

The term that describes what a manufacturer spends for goods or services is called the 'cost.' When the manufacturer sells it to the consumer, this is called the price, and it is more often times than not, marked up in price.

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Bolivia has about 50% of the world's reserves of lithium. It is also a major producer of zinc. Suppose that Bolivia produced onl

SVETLANKA909090 [29]

Answer:

The answer is b. attainable, but not efficient.

Explanation:

Points that lie either on or below the production possibilities frontier/curve are possible/attainable and points that lie strictly below the frontier/curve are inefficient, because the economy can produce more of at least one good without sacrificing the production of any other good, with existing resources and technology

6 0

4 years ago

"Smythe Co. invested $200 in a call option for 100 shares of Gin Co. $.50 par common stock, when the market price was $10 per sh

Ann [662]

Answer:

$100

Explanation:

The inherent value of a share or option or any other asset which an investor expects to have. In options it refers to the difference between it's current and the strike price.

The intrinsic value of options is calculated using the following formula:

Intrinsic value of option = Number of share options × ( Market price of the stock on the date of the grant - exercise price of the share option )

Intrinsic value of option = 100 × ( $10 - $9 )

Intrinsic value of option = 100 × $1

Intrinsic value of option = $100

So, the intrinsic value of the call option at the time of the initial investment was $100.

6 0

4 years ago

BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $128,400 paid to its employee, and FICA Medicare

aev [14]

Medicare tax is always payable on gross pay as Descibed below|

<u>Explanation</u>:

Note: 1

FICA Social security’s tax

FICA - social security tax is payable on maximum wages of $128,400.

Once an employee's year to date earnings or cumulative earnings exceed the wage base of $128,400, no additional Social Security tax isto be withheld from the employee's earnings.

So, before calculating the FICA - social security tax, we have to check whether the September earnings along with cumulative earnings until August is exceeding $128,400 or not .

If September earnings plus cumulative earnings until August is exceeding $ 128,400, then.

Social Security tax = [($128,400 minus Cumulative earnings until August) or gross salary whichever is lesser] into 6.20%. and if it is not, then

Social Security tax = Gross pay during September into 6.20%

Note 2

FICA minus Medicare tax

Medicare tax is always payable on gross pay. Medicare tax = Gross pay x 1.45%

6 0

3 years ago

Q2.Parent Company acquired 90% of Son Inc. on January 31, 20X2 in exchange for cash. The book value of Son's individual assets a

Liula [17]

Answer:

Journal entry that Parent will make on the date of acquisition to record the investment in Son Inc. is <u>$1035000.</u>

Explanation:

Journal entry Parent make on the date of acquisition to record the investment in Son Inc.

The net worth of Son’s Inc. is $ 1150000. The parent acquires 90 % of it . So we assume that 90 % stock is held by parent for $ 1035000.

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3 years ago

19) Tom and Nancy Boyle provide financial support for their two children. In addition, they provide financial support for Tom's

Papessa [141]

Answer:

Sandwiched family

Explanation:

A sandwiched family is a type of family usually made up of middle-aged adults that find themselves saddled with the responsibility of providing and caring for their aged parents and also for their own children.The Boyle family can be described as a sandwich family that is sandwiched between providing financial support for their two children and also providing financial support for their aged parents.

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3 years ago