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2 years ago

What is the money that remains after taxes and other deductions are taken out called?

Business

2 answers:

zhenek [66]2 years ago

8 0

Answer:

Discretionary income

Explanation:

valkas [14]2 years ago

6 0

Net income. The total amount of pay received is the gross income, while the net income is the remaining amount after taxes and deductions are removed.

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Suppose Lisa's utility function is 4XY, where X is the consumption of beer and Y is consumption of pizza. For this utility funct

Evgesh-ka [11]

Answer:

Bundle 1: Beer = 2; Pizza = 6

Bundle 2: Beer = 3; Pizza = 4

Bundle 3: Beer = 4; Pizza = 3

Bundle 4: Beer = 12; Pizza = 1

Explanation:

Given that;

Lisa utility function UF(X,Y) = 4XY

where;

X = beer

Y = Pizza

$MU_X = 4Y$

$MU_Y = 4X$

The utility level = 48

so, UF(X,Y) = 4XY

putting different values of X (i.e beer ) given to us in this equation, we can calculate the values of Y(i.e pizza) to fulfill the utility

So; when X (beer) = 2

48 = 4×2×Y

48 = 8Y

Y = 48/8

Y = 6

Thus, Bundle 1: Beer = 2; Pizza = 6

when X (beer) = 3

48 = 4×3×Y

48 = 12 Y

Y = 48/12

Y = 4

Thus; Bundle 2: Beer = 3; Pizza = 4

when X (beer) = 4

48 = 4×4×Y

48 = 16 Y

Y = 48/16

Y = 3

Thus; Bundle 3: Beer = 4; Pizza = 3

when X(beer) = 12

48 = 4×12×Y

48 = 48 Y

Y = 48/48

Y = 1

Thus; Bundle 4: Beer = 12; Pizza = 1

3 0

3 years ago

he management accountant for Giada's Book Store has prepared the following income statement for the most current year: Cookboo

dlinn [17]

Answer:

Giada's Book Store

The company would have reported a total profit of $19,000, which is $10,000 less.

Explanation:

a) Data and Calculations:

Income statement for the most current year:

Cookbook Travel Book Classics Total

Sales $68,000 $126,000 $53,000 $247,000

Cost of goods sold 40,000 66,000 21,000 127,000

Contribution margin 28,000 60,000 32,000 120,000

Order and delivery processing 21,000 24,000 11,000 56,000

Rent (per sq. foot used) 2,000 5,000 4,000 11,000

Allocated corporate costs 8,000 8,000 8,000 24,000 Corporate profit $ (3,000) $23,000 $9,000 $29,000

Corporate profit = $29,000

less allocated cookbook costs 10,000

Adjusted corporate profit = $19,000

b) Discontinuing the Cookbook product line would have eliminated the contribution the product line makes to defraying Rent and Allocated Corporate costs totalling $10,000 unless the Rental space was a variable cost.

4 0

3 years ago

What is fringe benefit?

____ [38]

Answer:

it is employee benefits

5 0

2 years ago

Read 2 more answers

Which of the following represents procurement as part of the support value activities in a value chain analysis?

ArbitrLikvidat [17]

Answer:

E. Purchasing inputs such as raw materials, resources, equipment and supplies

Explanation:

In business, <u>Procurement</u><u> </u>is the process of acquiring goods/services in order to support operational activities.

It includes all the aspects related to a purchase: price ( estimates, biddings ) , payment terms, good specifications, quality, delivery, volumes, etc.

8 0

3 years ago

When a hurricane rips through Florida, the price of oranges rises because the demand curve shifts to the left. supply curve shif

maw [93]

Answer:

Supply curve shifts to the left.

Explanation:

It is know that Florida is the biggest orange producer in America, when a hurricane rips through Florida, there is no change in demand, so the demand curve remains unaltered. As for the supply curve, the hurricane is likely to destroy orange crops causing a shortage in supply which corresponds to a shift to the left by the supply curve.

The answer is: supply curve shifts to the left.

7 0

3 years ago