Answer: $2000
Explanation:
From the question, we are informed that Jennie receives $12,000 (of which $2,000 is earnings) from a Qualified Tuition Program and she uses the funds to pay for new furniture for her apartment.
The amount that is taxable to Jennie will be the amount of earnings she made who is $2000.
Answer:
share price at 5 year is $45.19
Explanation:
given data
annual dividend D1 = $2.86
paid a dividend Do = $2.75
discount rate K = 11.7 percent
to find out
share price of common stock be worth five years
solution
first we get here growth rate that is express as
growth rate = 
..................1
put here value we get
growth rate = 
growth rate = 4%
so here dividend at 6 year will be
Dn = Do × 
.............2
D6 = 2.75 × 
D6 = $3.48
so share price at five year will be
P5 = 
.................3
P5 = 
P5 = $45.19
so share price at 5 year is $45.19
Answer:
A. the company's gross margin is $100,000, while its contribution margin is $60,000.
Explanation:
Under the gross margin, the net income would be
= Sales - cost of goods sold
= $300,000 - $200,000
= $100,000
Under the contribution margin, the net income would be
= Sales - cost of goods sold - variable operating expenses
= $300,000 - $200,000 - $40,000
= $60,000
Under the gross margin, no operating expenses would be considered whereas for contribution margin, only the variable operating expenses is considered
Answer:
The correct answer is A. is weak in local responsiveness.
Explanation:
The global division by products is an organizational structure that extends worldwide the responsibilities of the domestic product divisions. The growth of international business and the diversity of products make it advisable that each product line is also responsible for its international operations, without having to delegate to an international division.
