Answer:
$51,200
Explanation:
Gross income computation includes all forms of income such as wages, rents, royalties, dividend etc. However, gifts and inheritances are not considered as a part of the gross income.
Therefore, Sandy's gross income consist of her salary, and the interest income
Sandy's Gross income = 50000 + 1200
= $51,200
The inheritance of her grandmother's estate and car gift are not included as a part of Sandy's gross income.
Answer:
$7,000,000
Explanation:
Calculation to determine What would be the total compensation indicated by these options
Using this formula
Total Compensation =Beginning options*Fair value of the options
Let plug in the formula
Total Compensation =1,000,000 shares × $7
Total Compensation =$7,000,000
Therefore What would be the total compensation indicated by these options is $7,000,000
There are two different options I would give her:
1) You can use your credit card now if you know that within the 30 days of purchasing the T.V. (or how ever many days until interest accrues if sooner) you will have enough money to properly pay your card off so that you aren't charged interest. Once you add interest, the T.V. becomes a much larger expense overtime due to paying the interest. Also, if it's a card that you get cash back for, you can 'make money' essential on your purchase because you'll get cash back.
2) Wait for the raise, what if the raise doesn't happen? What if something unexpected happens and you've used all your funds for a T.V. that isn't a necessity. There are so many reason to wait and pay cash for something. In this situation I probably wouldn't use all of my appropriated emergency funds for a T.V. and save the extra money from the raise.
Answer:
The correct answer is B
Explanation:
Non-equity strategic alliance is the kind or type of the alliance which is established when two or more companies sign or agree a relationship which is contractual to the pool of their resources as well as capabilities together.
So, in this case, the automobile manufacturer, who decided to work on the low cost fuel, then the domestic automobile company which is grounded in China, willing to partner with the automobile manufacturer. It is an alliance which is non- equity strategy as they pool their capabilities and the resources.
Answer:
D. $1,344 unfavorable
Explanation:
We know,
Direct materials quantity variance = (Standard Quantity - Actual Quantity) × Standard price
Given,
Standard Quantity = 4,440 pounds of material
Actual Quantity = 4,650 pounds of material
Standard price = $6.40
Putting the values into the above formula, we can get,
Direct materials quantity variance = (4,440 - 4,650) pounds × $6.40
or, Direct materials quantity variance = -210 pounds × $6.40
Therefore, Direct materials quantity variance = $1,344
As the actual quantity is higher than standard quantity, the situation is unfavorable. Therefore, option D is the answer.
