Answer: 25%
Explanation:
GIVEN THE FOLLOWING ;
mean tax refund(m) = $2800
Standard deviation(sd) = $450
Assuming a normal distribution;
Percentage of refunds greater than $3100.
Taking the value of X as $3100 and finding the standardized score(Z-score)
Z-score = (X - m) ÷ sd
Z-score = (3100 - 2800) ÷ 450
Z-score = 300 ÷ 450 = 0.67
Therefore,
P(X > 3100)=P(Z-score > 0.67)
Similarly written as;
1 - P(Z-score < 0.67):
Locating the intersection 0.6 on the y-axis and .07 on the x-axis of the Z-table. This is equal to 0.7486.
Therefore,
1 - P(Z-score < 0.67) = 1 - 0.7486 = 0.2514 (approximately 25%)
= 25%
Answer:
$2,000
Explanation:
From the question, the initial tax basis of Rubio is $20,000.
In a partnership, share of profit will increase the initial basis while share of loss will reduce it.
As the share of Rubio in the limited partnership loss for the year is $22,000, it will make his tax basis to fall to zero because the loss of $22,000 is greater than his tax basis. The amount by which the loss is greater than his tax basis, i.e. $2,000 ($22,000 - $20,000) will be the loss that is allowed considering only the tax basis loss limitations.
Therefore, $2,000 loss is allowed to be carried over due only to the tax basis loss limitation.
Answer:
a per se violation of antitrust law.
Explanation:
The antitrust laws can be defined as those laws that are created by the US government to protect consumers from unfair means of competition in market. The aim of creating such laws is to ensure the protection of customers from corruptive business practices and also to ensure safe healthy competitive environment among same business companies.
<u>In the given scenario, the Association of Organic Food Growers is violating the antitrust law by boycotting farmers, ranchers, etc. The antitrust laws are violated by companies in several ways among them is by boycotting</u>.
Boycotting can be defined as an agreement between several companies that excludes a group of customers or market to avert them from buying aanyy goods or products.
This boycotting agreement is a per se violation of antitrust law.
Answer:
option (D) $21.66
Explanation:
Data provided in the question:
Basic direct labor rate per hour = $12.68
Payroll taxes = 13% of basic direct labor rate
Fringe benefits per hour = $7.33
Now,
The standard rate per direct labor hour
= Basic direct labor rate per hour + Payroll taxes + Fringe benefits per hour
= $12.68 + ( 13% of $12.68 ) + $7.33
= $12.68 + $1.6484 + $7.33
= $21.6584 or $21.66
Hence,
The correct answer is option (D) $21.66
Answer: $75,000
Explanation:
Net Cash inflow refers to the actual cash that came into the company less the cash that went out.
Net cash inflow = Cash inflow - Cash outflow
= Cash from sales + Cash from receivables collection - cash wages
= 70,000 + 35,000 - 30,000
= $75,000
