Kevin must take in $2,500 into his gross income. This is for
the reason that the $13,000 ($70,000 -$57,000) discount got on the M3 is bigger
than the qualified employee discount of$10,500 (sales price of $70,000 multiplied
by the average gross profit percentage of 15%). There is no gross income from
the acquisition of the 530 because the $9,000 ($63,000 - $54,000) reduction is
less than the qualified employee discount of $9,450 ($63,000 multiplied by the
average gross profit percentage of 15%).
Answer:
Zolezzi Inc.
Cash budget for March
Amount in $'000
Opening balance 27
Add;
Cash receipts 104
Less;
Cash disbursements <u> (87)</u>
Ending balance 44
Amount to be borrowed <u> 26</u>
Desired ending balance <u> 70 </u>
Explanation:
The cash budget a forecast of the expected movement in cash balance. This is as a result of expected cash receipts and disbursements and may be expressed mathematically as
opening cash balance + cash receipts - Cash disbursed = closing cash balance
27 + 104 - 87 = ending balance
Ending balance = 44
Desired ending balance = 70
Amount to be borrowed = 70 - 44
= 26
Credit cards can cost you money if you don't pay your bills on time because the interest rates charged by lending organisations have a significant negative influence on both your personal finances and credit score.
The best credit card APR is one that is around 10%, but you might need to visit your neighbourhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favourably by the Federal Reserve, which monitors credit card interest rates. If you settle your bill in whole each month, APR is irrelevant. It doesn't matter whether your credit card has a 10 percent or 25 percent interest rate.
To learn more about interest rates., click here.
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The fact that money can be used as a medium of exchange is as a result of it being a <u>stock </u>of some items.
<h3>What can money do?</h3>
Money allows for us to trade goods and services which makes it invaluable as a medium of exchange.
The reason money can do this is because it can be denoted as the stock or value of some items.
Find out more on the purposes of money at brainly.com/question/3182649.
Answer:
A. An increase in demand and supply of this drug.
Explanation:
In this case, if marijuana were to decriminalized, demand would be skyrocket in the short-term. It will achieve equilibrium once it is set to be recreational use only.
