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3 years ago

The act of giving up one thing of value to gain another thing of value is called a/an

Business

2 answers:

patriot [66]3 years ago

6 0

Answer:

Explanation:

Trade-off is the answer.

Vedmedyk [2.9K]3 years ago

5 0

Answer:

Trade-off. act of giving up one thing of value to gain another. Opportunity Cost. value of the next best alternative you could have chosen. Marginal Benefit.

Explanation:

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7. You are going to open a business making custom cabinets. You can sell each cabinet for $80. It takes a cabinetmaker approxima

Shkiper50 [21]

Answer:

Contribution Margin is 51.875%

Explanation:

Contribution Margin = Contribution/Selling Price × 100

Contribution

Contribution = Selling Price/ unit - Variable Costs/ Unit

Selling Price $80.00

Less Variable Costs

Raw Materials ($25.00)

Direct Labour (45mins/60mins×$18) ($13.50)

Contribution ($41.50)

Contribution Margin

$41.50/$80.00×100=51.875%

5 0

3 years ago

Exercise 14-01 Justin Bleeber has prepared the following list of statements about managerial accounting, financial accounting, a

Bond [772]

Answer: Please answers are in the Explanation section.

Explanation:According to the

managerial accounting, financial accounting, and the functions of management, the following apply.

1. Financial accounting focuses on providing information to internal users ,-----False

2. Staff positions are directly involved in the company’s primary revenue-generating activities---False

3. Preparation of budgets is part of financial accounting --- False

4. Managerial accounting applies only to merchandising and manufacturing companies--- False

5. Both managerial accounting and financial accounting deal with many of the same economic events.---True

6. Managerial accounting reports are prepared only quarterly and annually.--- False

7. Financial accounting reports are general-purpose reports.--- True

8. Managerial accounting reports pertain to subunits of the business--True-

9. Managerial accounting reports must comply with generally accepted accounting principles -----False

10. The company treasurer reports directly to the vice president of operations---False.

4 0

3 years ago

Warren opened a new computer store in town. When customers purchase a computer from his store, they automatically receive an ext

Svetach [21]

Answer:

Explanation:

Based on the information provided within the question it can be said that in this scenario Warren is most likely trying to reduce a new customer's cognitive dissonance. By doing so he is trying to relieve the worry that new customers may have, as they may not know about the technology and may have inconsistent or contradictory beliefs/ideas regarding the technology. Therefore by providing all that Warren is offering he is clearing up these misconceptions that the customers may be having.

6 0

3 years ago

Ben and Molly are married and will file jointly. Ben generates $300,000 of qualified business income from his single-member LLC

AURORKA [14]

Answer:

A. $8,000

B. $14,400

Explanation:

A. Calculation to determine their tentative QBI based on the W-2 Wages/Capital Investment Limit

First step is to calculate the Applicable Percentage

Applicable percentage= 100%-($386,600 - $326,600)/100,000

Applicable percentage=40%

Now let Calculate the tentative QBI based on the W-2 Wages/Capital Investment Limit

GREATER OF BELOW:

Tentative QBI based on the W-2 Wages/Capital Investment Limit=50% of W-2 wages ($40,000 × 50% × 40%)

Tentative QBI based on the W-2 Wages/Capital Investment Limit=$8,000

Tentative QBI based on the W-2 Wages/Capital Investment Limit=[ W-2 wages of ($40,000 × 25% × 40%)]+ [Unadjusted basis of qualified property of ($0 × 2.5% × 40%)]

Tentative QBI based on the W-2 Wages/Capital Investment Limit=$4,000+$0

Tentative QBI based on the W-2 Wages/Capital Investment Limit=$4,000

Therefore their tentative QBI based on the W-2 Wages/Capital Investment Limit will be $8,000

2. Calculation to Determine their allowable QBI deduction for 2020

First step is to calculate the General QBI deduction

General QBI deduction [($300,000 × 20%)× 40%]

General QBI deduction=$24,000

Second step is to calculate the Reduction Ratio

Reduction ratio= ($386,600 - $326,600)/100,000

Reduction ratio=$60,000/100,000

Reduction ratio= 60%

Now let calculate the allowable QBI deduction for 2020

General QBI deduction $24,000

Less Reduction of W-2 Wages/Capital Investment Limit ($9,600)

[($24,000-$8,000)*60%]

2020 Allowable QBI deduction $14,400

($24,000-$9,600)

Therefore their allowable QBI deduction for 2020 will be $14,400

4 0

3 years ago

Tips for Successful LinkedIn Prospecting?

Dmitriy789 [7]

Answer:

Sales prospecting is one of the most essential elements of the whole sales process.

Some tips are;

Make LinkedIn Your Second Home
Show’em What you Got For Them
Tweak and Polish Your Profile
Connect With Strategy
Be more personal

7 0

3 years ago