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musickatia [10]
2 years ago
8

Yankee Candle sells 500 candles in a week for a price of $10 each and the average cost of producing each candle is $5. Yankee Ca

ndle's total revenue is
Business
1 answer:
Mnenie [13.5K]2 years ago
7 0

Answer:

Explanation:

2500

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On its December 31, 20X5 balance sheet, Shin Co. has income tax payable of $13,000 and a current deferred tax asset of $20,000,
mariarad [96]

Answer:

$10,000

Explanation:

To calculate income tax expense we must add income liability for the year, minus the changes in deferred tax accounts and add the change in value for deferred tax assets.

income tax expense = $13,000 - ($20,000 - $15,000) + ($20,000 x 10%) = $13,000 - $5,000 + $2,000 = $10,000

3 0
3 years ago
The current yield is defined as the annual interest on a bond divided by the: Multiple Choice coupon rate. face value. market pr
kherson [118]

Answer:

The current yield is defined as the annual interest on a bond divided by the: market price

<h3><u>Explanation:</u></h3>

When investors acquire bonds, they do so essentially to produce income. The demanded annual rate of return is summoned as the current yield, and it is a gathering of the prevailing price and the amount of interest the bond meets.

current yield is a crucial measure because it determines the rate of return on your expense for as longspun as you hold the bond. The current yield is equivalent to the annual interest gained divided by the current price of the bond.

6 0
3 years ago
Which of the following would not be considered leakage in the circular flow model? A imports
eduard

The answer is

C. savings


3 0
3 years ago
Read 2 more answers
The village of goodsprings has an annual budget requirement of $8,000,000 to be funded by property taxes. assessed valuations ar
Natalija [7]

2.13% or 2 2/15%  
The assessed value of all the property is $400,000,000. But $25,000,000 worth is exempted, leaving $400,000,000 - $25,000,000 = $375,000,000 worth of taxable property. Now we need to get $8,000,000 worth of taxes, so we simply divide the required income by the taxable property. So $8,000,000 / $375,000,000 = 0.021333333 = 2.1333333% 
 Now let's see if we can convert that 0.13333 portion into an exact fraction so that the Village of Goodsprings doesn't have to round up to 2.14% and doesn't loose that small amount of income by rounding down to 2.13%.
 x = 0.133333...
 10x = 1.33333...
 - x -0.13333
 9x = 1.2
 90x = 12
 x = 12/90 = 2/15


3 0
3 years ago
Marketers should keep a close eye on the ________ environment in order to ensure that their product sales don't decline when a c
Kaylis [27]
Market environment is the answer
5 0
3 years ago
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