The trend this business is following is necessities, since those are things we need.
Lements of financial statements do not include monetary unit.
A monetary unit of currency, such as the US dollar or the Mexican peso. All transactions are measured in currency units and represented in book currency units. This is the currency unit commonly used in the country. For example, in the United States, all accounting records are kept in US dollars.
Crimes are committed for the purpose of obtaining financial gain in connection with money, or the mechanism by which it is introduced and circulated in the economy, or the monetary policy of the government.
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Answer:
Tax Liability = $74,550
Explanation:
Particular Amount
Sales $1,855,000
Less: COGS(70% of sales) <u>$1,298,500</u>
Gross Profit $556,500
Less: Operating expenses <u>$225,000</u>
Operating profit $331,500
Add: Taxable dividend income $40,000
Add: Capital gain $10,000
Less: Interest Expenses <u>$26,500</u>
Net Taxable Income $355,000
Tax rate = $355,000 * 21%
Tax Liability = $74,550
Note: 21% is the Tax rate approved by the Tax cuts and Job Acts of 2017.
In comparing the relationship between the promotional mix and the Aida model, marketers have generally concluded that advertising they are most useful for drawing attention to your products and services.
In the advertising mix and the AIDA model, the main relationship of advertising is to get the customer's attention, and AIDA also stands for Attention, Interest, Desire, and Behavior, which is intended to be used in marketing and advertising. I mean The AIDA model represents the four phases that a consumer goes through before making a purchase decision.
The AIDA model, which stands for Attention, Interest, Desire, and Behavior Model, is an advertising effectiveness model that identifies the stages people go through in the process of purchasing a product or service.
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