Answer:
$181
Explanation:
Given that,
Beginning:
Income tax payable = $54
Deferred tax liability = $75
Ending:
Income tax payable = $34
Deferred tax liability = $145
Tax expenses during the year = $231
Amount of tax paid during the year:
= Tax expenses during the year + (Beginning - ending tax payable) - (Ending - Beginning deferred tax liability)
= $231 + ($54 - $34) - ($145 - $75)
= $231 + $20 - $70
= $181
Answer:
Stanley's Bicycles contribution margin is $7,500
Explanation:
<u>Stanley's Bicycles Contribution Margin Income Statement for the month of June</u>
Sales ($750 x 200) $150,000
Less Variable Costs :
Costs of Sales ($600 x 200) $120,000
Commissions ( $150,000 x 15 %) $22,500 ($142,500)
Contribution $7,500
Less Fixed Costs
Rent $1,400
Salaries $3,000 ($4,400)
Net Income $3,100
Conclusion
Contribution Margin is Sales less Variable Costs. Therefore, Stanley's Bicycles contribution margin is $7,500
Answer:
The correct answer is that Gloria would have to invest $75,581 today at the rate of 7.25 % to receive $100000 in four years,hence option is correct
Explanation:
FV=PV(1+r)^t
FV=$100000
PV= is unknown
r=7.25%
t=4years
PV=FV/(1+r)^t
PV=100000/(1+0.0725)^4
=$75581
Hence the amount Gloria has to invest today is $75581
The establishment of a state -owned Company is really important for every nations, especially if it involved in the resources that is critically needed for the people.
For example, lets say that all of the water resources fall to the hands of capitalist. Imagine how expensive it could be to get a simple drinking water or for baths.i hop that helps
I believe your answer is:
economies of scale
