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2 years ago

Please help me! Timed! Thanks!

Business

2 answers:

nekit [7.7K]2 years ago

8 0

<h2>Hey there! </h2>

<h2>I guess the correct option is:</h2>

<h3>"for profit" </h3>

<h2>Explanation:</h2>

<h3>As it is already said that Tamalika usually expects for an enough profit for the next year. So, I guess the correct answer will be "for profit" </h3>

tekilochka [14]2 years ago

3 0

Answer:

the last one because since shes doing this to pay for her Bill's shes not getting anything

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Some ways aptitude can be learned include

juin [17]

Answer: formal education

experience

Explanation:

Aptitude could be described as the capability to learn a particular job or skill. The vital way of learning and aptitude is by formal education experience. Formal education experience is a structured system of learning whereby the students are trained by teachers for a certain period of time. The environment are a classroom type which involves the student making use of various learning material, the learning process cuts across various fields of life.

7 0

3 years ago

Taxes on the property buyer Tamara is purchasing are $8,200, due on December 31. If the closing is set for June 29th, using the

Ilia_Sergeevich [38]

Answer:

$4,044

Explanation:

Calculation for how much of the taxes will be credited to the buyer

First step is to divide the annual taxes by the numbers of days in a year

$8,200 / 365 days

= $22.466 per day

Second step

Based on the information given we were told that the Seller's ownership started from January 1- June 29 which gave us 180 days, this means that we would multiply $22.466 per day by 180 days in order to know how much of the taxes will be credited to the buyer

Hence,

Amount credit to the buyer=180 days

x 22.466

Amount credited to buyer= $4,044

Therefore the amount of the taxes that will be credited to the buyer will be $4,044

3 0

3 years ago

Sam and Lisa run a catering business in which they have two major tasks: getting new clients and preparing food for events and p

igomit [66]

Answer:

In this scenario, <u>LISA</u> has both an absolute advantage in food preparation, and <u>LISA</u> has a comparative advantage in food preparation.

Assume that initially, Sam and Lisa are splitting both tasks for a large number of events. Then they decide to start shifting some work according to the principle of comparative advantage. In particular, the person with the comparative advantage in food preparation will take over preparing food for one more event, and the other person will use the freed-up time to get more clients. As a result, the total number of events for which food is prepared will remain unchanged, but the number of new clients will increase by <u>1</u>.

Before they were getting 3 new customers since Sam got 2 and Lisa 1, but since Sam will only look for clients, then the total number of clients will be 4 (or 1 more).

Explanation:

It takes Sam 12 hours to prepare the food for an event and 3 hours of effort to get each new client.

Sam's opportunity cost of preparing food = 12/3 = 4 new clients
Sam's opportunity cost of getting new clients = 3/12 = 0.25 of food preparation

For Lisa, it takes 10 hours to prepare food for an event and 5 hours to get a new client.

Lisa's opportunity cost of preparing food = 10/5 = 2 new clients
Lisa's opportunity cost of getting new clients = 5/10 = 0.5 of food preparation

7 0

3 years ago

The following facts relate to Krung Thep Corporation. 1. Deferred tax liability, January 1, 2014, $40,000. 2. Deferred tax asset

Vika [28.1K]

Answer:

A.Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,00

B.Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

C.Net income $120,000

Explanation:

Compututation of income taxes payable for 2014.

Taxable income $95,000

Enacted tax rate (40%*$95,000)

Income tax payable $38,000

(b) Journal entry

Dr Income Tax Expense 80,000

Dr Deferred Tax Asset 14,000

Cr Income Tax Payable 38,000

Cr Deferred Tax Liability 56,000

Income before income taxes $200,000

Less Income tax expense

(Current $38,000+Deferred 42,000) 80,000

Net income $120,000

4 0

3 years ago

Product sales: 1,000 units at $10 eachVariable manufacturing costs: $5.50 per unitFixed manufacturing overhead: $1,200Variable s

raketka [301]

Answer:

The correct answer to the following question is option C) $1800.

Explanation:

Given information -

Product sales - 1000 units

Sales price - $10

Variable manufacturing cost - $5.50 per unit

Fixed manufacturing overhead - $1200

Variable selling and administrative costs - $.50 per unit

Fixed selling and administrative cost - $1000

Units produced - 1200 units

Manufacturing contribution per unit = Sales price per unit - Variable

manufacturing cost per unit

= $10 -$5.50

= $4.50

Manufacturing contribution margin -

Number of units sold x manufacturing contribution per unit

= 1000 x $4.50

= $4500

While the contribution margin per unit -

$4.50 - $.50

= $4

which means the total contribution margin would be 1000 x $4

= $4000

And now subtracting Fixed manufacturing overhead and Fixed selling and administrative costs from the total contribution margin to get the operating income -

$4000 - $1200 - $1000

= $1800

3 0

3 years ago