A couple has a joint net worth of $12,000,000. If one dies in 2021, the taxable amount of the estate is:

Waterproof Roofing Company has provided the following information:

Katyanochek1 [597]

Answer:

(D) Operating income will increase by $27,300.

Explanation:

The sales increase will also generate an increase in the variable cost

The fixed cost, remaing unchanged against the volume of production. they do not increase or decrease at the factory level.

So the operating income will increase by the diffrence between sales and variable cost

sales increase will be:

779,000 x 10% = 77,900

variable cost increase:

506,000 x 10% = 50,600

increase in operating income 77,900 - 50,600 = 27,300

4 0

2 years ago

One of the goals of Reaganomics was to encourage private investment through tax cuts for businesses and the wealthy encourage pr

Brut [27]

Answer:

A redistribute income to the bottom fifth of wage earners redistribute income to the bottom fifth of wage earners

Explanation:

Reaganomics is a policy ascribed to President Ronald Reagan who took up the presidency when the economy of United States was very bad and low. He initiated series of policies with the aim of stimulating the economy and creating more jobs.

One of the important policy was on the issue of tax cuts for businesses and wealthy individuals with the aim of encouraging them to invest in United States. He knows that, with the creation of more businesses by wealthy individuals, the income would be redistributed to the wage earners especially those at the bottom earners.

7 0

2 years ago

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A company that treats its resources, products, and people as transcending national boundaries is____ company, and it will hire a

never [62]

Answer: (A) Geocentric

Explanation:

A geocentric company is one of the type of internal recruiting method where the national companies and the management looking for some good opportunities at very large scale.

The basic approach of the geocentric company is that it views the entire world the the form of single market and also developing the various types of standard marketing mix in the form of global market.

According to the given question, when a company treat the products, people and the resources as the transcending boundaries is refers as the geocentric company. In this the companies recruiting the

Therefore, Option (A) is correct answer.

8 0

2 years ago

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common

Vanyuwa [196]

Answer:

The company's revenue for the year is $1,615,000.

The correct option is A. $1,615,000.

Explanation:

Given:

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000.

If Patterson’s ending retained earnings was $350,000.

Now, to find the company's revenue for the year.

Opening Retained earnings = $325,000.

Common stock = $500,000.

Recorded expenses = $1,500,000.

Paid dividends = $90,000.

Closing Retained earnings = $350,000.

Now, to get the revenue of the company we put formula:

Revenue = (Recorded expenses + paid dividends + closing Retained earnings) - opening Retained earnings

$Revenue=(1500,000+90,000+350,000)-325,000$

$Revenue=1940000-325000$

$Revenue=1615,000.$

Therefore, the company's revenue for the year is $1,615,000.

The correct option is A. $1,615,000.

4 0

3 years ago

A country withholds funding from any college or university that does not accept women at the same rate as men. This action refle

nordsb [41]

The action that is reflected above shows the equity among sexes. This country believes that whatever education that its male constituents should also be received by the females. That is because women should also be given the privilege to learn.

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2 years ago

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