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polet [3.4K]
2 years ago
7

Suppose the total monetary value of all final goods and services produced in a particular

Business
1 answer:
polet [3.4K]2 years ago
7 0

im gone go for D hhalf oral Iran

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Assume that Clampett, Inc., has $200,000 of sales, $150,000 of cost of goods sold, $60,000 of interest income, and $40,000 of di
Tresset [83]

Answer:

$21,000

Explanation:

Data provided in the question:

Sales = $200,000

Cost of goods sold = $150,000

Interest income = $60,000

Dividends = $40,000

Earnings and profits = $1,000

Tax rate = 21%

Taxable income = $122,000

Now,

Net Passive income tax = Net passive income × Tax rate

or

= ( Interest income + Dividends ) × 0.21

= ( $60,000 + $40,000 ) × 0.21

= $21,000

7 0
3 years ago
Personal possession of currency is prohibited in U.S. prisons, although, in practice, prisoners still exchange goods and service
Semmy [17]

Answer:

The correct answer is: cigarettes; fiat.

Explanation:

Money performs a number of functions such as medium of exchange, store of value etc. Before the introduction of money, goods and services were used as a medium of exchange. This system was called barter system.

The difference between cigarettes and dollars is that cigarettes have an intrinsic value. Dollars do not have any intrinsic value, but it has high face value.

Fiat money is the physical money in notes and coins which are not backed by any other commodity. These are made legal tender by the government and have no intrinsic value of their own.

3 0
3 years ago
A package at the fedex plant falls off the conveyor belt while being sorted; which type of decision-making skills would be used
Marizza181 [45]
The appropriate response is a Structured decision. Structured decision making is a general term for painstakingly composed investigation of issues so as to achieve choices that are centered plainly around accomplishing major goals. Each choice comprises of a few essential components – administration destinations, choice alternatives, and expectations of choice results.
6 0
3 years ago
Read 2 more answers
The difference between formal proposals and other formal reports lies mainly in
Novay_Z [31]

Answer:

B) the text.

Explanation:

A formal proposal is a written plan conveying an essential idea being put forward for consideration by potential investors or businesses.

A formal report is a concise document containing facts about an investigation and analysis of an issue or event for a specific purpose.

The difference between formal proposals and other formal reports lies mainly in the text.

8 0
3 years ago
All of the following are examples of financial stability except. a. being able to save for retirement. b. being able to pay bill
Setler79 [48]

Answer:

d. living paycheck to paycheck

Explanation:

Being financially stable means the ability to generate sufficient income to meet current and future expenditures. It means one can comfortably pay current bills, and have enough to meet for unexpected or emergency expenses.  A financially stable person can afford the basic need as well secondary needs such as education, investments, and vacations with ease.

From the list provided, examples of financial stability will include the ability to save for the future, meet current bills, and not living paycheck to paycheck. Living from paycheck to paycheck means a person spends all his or her earnings within the month. In most cases, their monthly budgets exceed income. The individual may have slightly enough or insufficient resources to last them until the next payday.

4 0
3 years ago
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