Answer:
The answer is C) 1.25
Explanation:
Operating Leverage= (operating income + fixed expenses) / operating income
Operating Leverage= ($7,200 + $1,800) / $7,200= 1.25
Answer:
the amount of the cost of goods sold is $55,120
Explanation:
The computation of the cost of goods sold for the month is shown below:
Since 800 units were sold out of which 360 units would sold at $70 and the remaining units i.e. 440 units would be sold at $68
= 360 units × $70 + 440 units × $68
= $25,200 + $29,920
= $55,120
Hence, the amount of the cost of goods sold is $55,120
It is a true statement that the United States–Mexico–Canada Agreement includes new guidelines for digital trade and regulatory practices between the three nations.
<h3>What is the United States–Mexico–Canada Agreement?</h3>
It a trade deal negotiated by Donald Trump between the three nations which was signed on November 30, 2018.
It replaced the North American Free Trade Agreement which had been in effect since January of 1994.
The USMCA does includes new guidelines for digital trade and regulatory practices between the three nations.
Read more about USMCA
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Answer:
$75
Explanation:
Calculation to determine How much must the employee include in income from both these transactions in total
Customer price for property $500
Less: Gross profit (25%*$500) ($125)
($500-$125=$375)
Employee price ($300)
INCOME $75
($375-$300)
Customer price for service $150
Less: (20%*$150)max exclusion (30)
($150-$30=$120)
Employee price 120
INCOME 0
($120-$120=$0)
Therefore the amount that the employee must include in income from both these transactions in total is $75
