Answer:
The Jerry's partnership basis in the bookstore at the end of the year is $23,350.
Explanation:
Workings
Contributed Capital = $ 8,000
Add: Adjusted basis of cash register = $ 350
Add: Share of Profit ($60000 X 25%) = $ 15,000
Partnership basis at the end of the year = $ 23,350
Answer:
13.5%
Explanation:
Relevant data provided for computing the profit margin which is here below:-
Net Income = $175,000
Net Sales = $1,300,000
The computation of profit margin is shown below:-
Profit Margin = (Net Income ÷ Net Sales) × 100
= ($175,000 ÷ $1,300,000) × 100
= 13.5%
Therefore for computing the profit margin we simply applied the above formula.
Who pays the tax does NOT depend on who write the check to the government.
Who pays the check ultimately depend on the elasticity of supply and demand. This is because, suppliers have several ways of passing the taxes levied on them by the government to the consumers in form of increase in price of their products. But this also depend on the elasticity of the products, because if the prices are too high, some customers may decide to buy somewhere else or to go for a substitute.<span />
Answer:
Following are the four ways for improving the productivity of the labour is given below
Explanation:
- If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
- Increasing the skills by guiding the labor to the latest technology so they know the latest or the current technology they will increase the productivity .
- If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
- Giving the incentive to labor at the particular interval of time we will increase the productivity.
Answer:
$3,500
Explanation:
This is because every Health and Disability Income Policy express the conditions and provisions for continuation of the contract on the new income level.
