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Minchanka [31]
3 years ago
7

This year Truckit reported taxable income of $160,000 and received $20,000 of municipal interest. Truckit paid $55,000 in entert

ainment expenses and $15,000 in fines and penalties Truckit had $50,000 of accumulated E&P at the beginning of the year. What is Truckit’s current E&P?
Business
1 answer:
Lynna [10]3 years ago
8 0

Answer: $76,400

Explanation:

GIVEN THE FOLLOWING :

TAXABLE INCOME = $160,000

MUNICIPAL INTEREST = $20,000

ENTERTAINMENT EXPENSE = $55,000

FUN.

CURRENT E&P = (taxable income + interest) - (expenses + Tax deduction).

CURRENT E&P = $160,000 + $20000 - (55000 + 15000 + (160,000*0.21))

CURRENT E&P = 160000 + 20000 - 55000 - 15000 - 33600)

THEREFORE CURRENT E&P = $76,400

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The need to develop new customers is extremely important. Some studies estimate that the average company loses​ ________ percent
VikaD [51]

Answer:

The correct answer is letter "C": 15-20.

Explanation:

Different researches have helped businesses concluded that around <em>15% to 20%</em> of them lose their customers year after year. From them, almost 60% goes to the business's competitor and the other 40% substitute the good or service in reference. The main reason why individuals break up their relationship with companies is because of the treatment they received while others are dissatisfied with the good or service.

So, <em>customer service is a key feature at the moment of determining clients' loyalty to the firm.</em>

5 0
3 years ago
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.9 mil
goblinko [34]

Answer:

Total no. of people employed:

= No. of people working part-time + No. of people working full time

= 4.9 million + 14.53 million

= 19.43 million

Total no. of people unemployed:

= People in the working age population who are not working and have looked for work in the past four weeks

= 2.90 + 1.72 million

= 4.62 million

Labor force = Total no. of people employed + Total no. of people unemployed

= 19.43 million + 4.62 million

= 24.05 million

Labor force participation rate:

=\frac{Labor\ force}{Total\ non-institutionalized\ working\ age\ population}

=\frac{24.05}{35.9}

= 0.6699

= 66.99%

Unemployment rate:

=\frac{No. of people unemployed}{Total labor force}

=\frac{4.62}{24.05}

      = 0.1920

      = 19.20%

5 0
3 years ago
The ultimate goal of the marketing process is to do which of the​ following?
Studentka2010 [4]
Make money, attract buyers... What are your options?
3 0
3 years ago
An open-end investment company that can issue an unlimited number of its shares to investors and use the pooled proceeds to purc
artcher [175]

Answer:

A. a mutual fund

Explanation:

A mutual fund -

It is a type of financial vehicle , where the money collected by the investors , is pooled and then further invested in securities , like the bonds or stock market is referred to as mutual fund .

Any investor can invest their money in the mutual funds , it is a indirect form of investing in the stock market .

The returns obtained by mutual funds are dependent on the stock market .

Hence , from the given information of the question ,

The correct option is A. a mutual fund .

5 0
3 years ago
4. Which of the following are qualities that will help you succeed in the work place? Select all
Bumek [7]

Answer:

B. good communication

C. positive social skills

Explanation:

Soft skills are extremely important - crucial in the workplace. No matter how a technical and automated a job can be, team work and collaboration will be always needed.

In order to have great relationships with colleagues and managers, one must possess good communication and positive social skills. He/she must be a good, active listener and ready to help colleagues constantly.

7 0
3 years ago
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