Answer:
Fortress
Explanation:
A fortress brand as seen in the statement above can be defined as a brand that is a part of an individual's ritual and are unlikely to be replaced.
This means that the love or affinity fro a certain brand in day to day lives if individuals, makes the brand the go-to brand at any time because it has become a part of the individual's life.
Cheers.
Answer:
Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.
Fifo In inflationary condition, income tax shows a higher amount.
Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions
Explanation:
Lifo in inflationary- condition Income tax shows minimum amount, when there is inflation in the economy.
Fifo In inflationary condition, income tax shows a higher amount.
Lifo .in deflation .In case of deflation, larger amount of income tax is shown. Fifo in deflation .Reduced income tax will be shown in deflationary conditions.
Answer and Explanation:
The computation is shown below:
1. The selling price per unit is
Particulars Quantity Selling price Total per composite unit
per unit
Windows 7 $113 $791
Doors 3 $253 $759
Total $1,550
2. The variable cost per unit is
Particulars Quantity Variable cost Total per composite unit
per unit
Windows 7 $69 $483
Doors 3 $181.50 $544.50
Total $1,027.50
The contribution margin per unit is
= Selling price - variable cost
= $1,550 - $1,027.50
= $522.50
3. The break even point is
= Fixed cost ÷ contribution margin per unit
= $469,625 ÷ $522.50
= 898.80 units
4. The number of unit is
Particulars Quantity Variable cost Total per composite unit
per unit
Windows 7 $898.80 $6,291.60
Doors 3 $898.80 $2,694.40
Total $8,988
Answer: A. $13000
During its first five years of operation, Mookie Consulting Services reported the following annual net income and dividend amounts:
Year Net Income Dividends
1 $22,000 $2,000
2 17,000 2,000
3 9,000 1,000
4 14,000 3,000
5 25,000 4,000
If Mookie had Retained Earnings of $88,000 at the end of year 5, what was the company's Retained Earnings at the beginning of
Year 1?
a. $13,000 d. $41,000
b. $23,000 e. some other amount
c. $37,000
Explanation: the difference between total dividends (75,000$) and total net Income (88000$) gives the Retained Earnings = $13000
Answer:
The answer is: A) If taxes are lowered, government revenues actually increase.
Explanation:
For example, when consumers have to pay less money in taxes, it means they will have more money to spend. Private consumption is the most important component of the GDP. When money starts to flow, a virtuous circle of growth starts a chain of events that reinforces economic growth through a feedback loop. When the economic growth rate increases, government revenue will also increase. The virtuous circle of growth is the most important pillar of the Keynesian economic theory.
The same applies to businesses, when they pay less taxes, they can invest more in new businesses which in turn increase economic growth, which results in higher revenue for the government.
Of course this theory applies to certain small tax reductions, and under certain specific circumstances.
