Answer: OPTION D
Explanation: In simple words, intangible assets refers to those assets which does not have any physical existence but still are crucial for the operations of the organisation. Goodwill and patent rights are some of the examples of intangible assets.
These assets could be long term or short term therefore they are shown as a separate classification in the balance sheet.
Hence the correct option is D.
B is the answer
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His net pay is $328.16.
The first step is to calculate Jerome’s salary.
Regular time - 40 x $7.80 = $312
Overtime - 5 x $7.80 x 1.5 = $58.50
Total Salary = $312 + 58.50 = $370.50
The next step is to calculate the deductions:
Social security = 370.50 x .062 = $22.97
Medicare = 370.50 x .0145 = $5.37
Federal Income Tax = $14
Total Deductions = 22.97 + 5.37 + 14 = $42.34
$370.50 - $42.34 = $328.16
Answer:
5.7
Explanation:
The contribution margin characterizes the marginal profit per unit of sales. The indicator is useful in various calculations, and can be used as a measure of operational leverage. As a rule, low values of the indicator are characteristic in labor-intensive sectors, high - in capital-intensive industry.
We have these data:
-contribution margin (CM) : $78,090
-net income (NI) :$13,700
-the degree of operating leverage (DoL) : ?
DoL=CM/NI= 78090/13700=5.7
the answer would be letter b
