Answer:
Nell's adjusted gross income is $48,000
Explanation:
The computation is shown below:
= Salary income + interest income - Business bad debt - net loss
where,
Net loss = - Non business short-term capital loss - Non business bad debt + Non business long-term capital gain
= - $3,000 - $6,000 + $4,000
= - $5,000
But the capital loss would be $3,000
So, the adjusted gross income would be
= $50,000 + $3,000 - $2,000 - $3,000
= $48,000
Answer:
a. Taiwan has a comparative advantage over other countries and Taiwan will export soybeans
Explanation:
In the case when the domestic price is less as compared to the world price so here it means the taiwan would have the comparative advantage over the other countries due to this the taiwan would export the soybeans
So as per the given situation, the option a is correct
And, the same should be considered and relevant
The answer is B. the amount of something consumers want
Answer:
b. Created brand marks and identities
Explanation:
Before industrialization, usual commodities (FMCG - fast moving consumer goods) were unmarked and not connected to a specific brand or image. Sugar was simply referred to as sugar for example, and the same applied to similar products.
Afterward, the notion of brand and brand identity emerged and products became differentiated by brand and company. People started to think and ask questions before buying: "Which brand of sugar should I buy?". The brand usually reflects the consumer's status, social position and preferences.
Answer:
Break-even point (dollars)= $2,218,919
Explanation:
Giving the following information:
Fixed costs= $821,000
Variable costs rate= 63%
<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>
Contribution margin ratio= 1 - 0.63
Contribution margin ratio= 0.37
<u>Now, the break-even point in sales revenue:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 821,000 / 0.37
Break-even point (dollars)= $2,218,919
