corbett's amti is $617,000. what is his amt exemption under the following alternative circumstances? exhibit 8-5. problem 8-58 part-a (algo) a. he is married and files a joint return.
Answers
If Corbett is married and files a joint return, his AMT exemption would depend on the amount of his taxable income. For 2021, the AMT exemption for married taxpayers filing jointly is $114,600. However, the exemption starts to phase out for taxpayers with AMT taxable income over $1,047,200.
To determine Corbett's AMT taxable income, we need to start with his regular taxable income and make adjustments for AMT preference items, such as certain deductions and exemptions that are not allowed under the AMT rules. Once we have his AMT taxable income, we can apply the exemption and any applicable phase-out.
Assuming Corbett has no preference items and his regular taxable income is equal to his AMT taxable income, his exemption would be $114,600. However, if his AMT taxable income is above $1,047,200, the exemption would be reduced by 25% of the excess. For example, if his AMT taxable income is $1,167,000, the phase-out amount would be $119,500 ($1,167,000 - $1,047,200 x 0.25), and his AMT exemption would be $95,100 ($114,600 - $119,500).
It's important to note that other factors, such as the alternative minimum tax credit and the state and local tax deduction limitation, can also affect Corbett's AMT liability. It's always best to consult with a tax professional for personalized advice.
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Related Questions
What do you think has to be improved in order to keep the Philippines' computer and electronics industries at the top, given their rising economies? Elaborate your answer.
Answers
The Philippines' computer and electronics industries have been booming lately due to the country's growing economy. However, there are still some areas that need to be improved to ensure their continued success and growth such as Infrastructure and Logistics, Human Resource Development, Research and Development, and Intellectual Property Protection.
The Philippines' computer and electronics industries can improve in the following areas:
1. Infrastructure and Logistics- The country's infrastructure and logistics systems are outdated and in dire need of improvement. One of the biggest challenges faced by the computer and electronics industries is the lack of reliable and efficient transportation systems. This issue can be addressed by investing in modern and efficient infrastructure, such as ports, airports, and highways.
2. Human Resource Development- The computer and electronics industries require a highly skilled workforce. The country's education system must provide relevant and up-to-date training to students to ensure they are equipped with the necessary skills. The government and the private sector should work together to invest in vocational training programs to address the skills gap.
3. Research and Development- Investing in research and development is crucial to the success of the computer and electronics industries. The government should provide incentives to encourage private companies to invest in research and development. The private sector should also work together to form partnerships and collaborations with academic institutions to promote research and development.
4. Intellectual Property Protection- Intellectual property protection is crucial for the computer and electronics industries. The government should ensure that there are effective laws and regulations in place to protect intellectual property rights. This will encourage foreign investors to invest in the country's computer and electronics industries, which will help boost the industry's growth.
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1.What is MONEY?
2.did MONEY help you?
pls ans im back
Answers
2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.
During year 1, albrecht sold his personal sport plane that had an adjusted basis to him of $112,000 to roy for $140,000. roy paid $40,000 as a down payment and agreed to pay $20,000 per year plus interest for the next 5 years. what is the amount of gain to be included in albrecht’s gross income for year 1?
Answers
Answer:
$8000
Explanation:
Given that:
Adjusted basis of sport plane = $112,000
Sales price = $140,000
Down payment = $40,000
Balance paid in $20,000 installment for the nest 5 years
Gross income:
Gross income = sales price - adjusted basis
Gross income = $140,000 - $112,000
Gross income = $28,000
Based on the installment payment of $20,000:
140,000/20,000 = 7
Gross income = $28000/ 7 = $4000
With down payment being 40,000
In year 1, down payment of $40,000 was made, which is 2 times the yearly installment amount.
Hence gross profit in year 1 = $4000 × 2 = $8000
A decrease in the demand for soft drinks due to changes in consumer tastes, accompanied by an increase in the supply of soft drinks as a result of reductions in input prices, will result in.
Answers
A decrease in soft drink demand due to shifts in consumer tastes, combined with an increase in soft drink supply due to lower input prices, will lead to a decrease in soft drink equilibrium price; the equilibrium quantity might very well increase or decrease.
The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers desire to purchase of the good or service, quantity demanded, equals the number producers want to sell, quantity supplied. The equilibrium quantity is the name given to this common quantity. In any other cost, the quantity demanded doesn't really equal the quantity supplied, indicating that the market is not in equilibrium.
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The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Answers
1. Answer the following questions based on production capital and labor
a. Draw a clear defined diagram of the production function relating economic activity to employment. Provide an economic explanation of the shape of the curve(s).
b. List and briefly describe the endogenous and exogenous variables in this model.
c. List the variables (and the direction of their change) that would shift the production function higher. Include economic explanation for why each of these variables would shift the production function.
Answers
The production function relating economic activity to employment can be represented by a curve. This curve typically exhibits diminishing marginal returns, meaning that as employment increases, the additional output produced decreases. This is due to the fact that the initial increase in employment leads to more efficient utilization of resources, but as employment continues to increase, the diminishing returns set in, resulting in a flatter curve.
In this model, endogenous variables are those that are determined within the model itself. These include factors such as labor input, capital input, and technology. Exogenous variables, on the other hand, are external to the model and are taken as given. These can include factors like government policies, natural disasters, or changes in consumer preferences.
Several variables can shift the production function higher. An increase in capital investment, such as buying new machinery, would shift the production function upward as it allows for more efficient production. Similarly, technological advancements can improve productivity, leading to a higher production function.
Additionally, an increase in labor force through immigration or population growth can also shift the production function higher. These factors increase the availability of resources, leading to higher output levels.
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During the year ABC, Inc. purchased inventory for $4,000 on credit. What is the effect of this transaction on ABC's liabilities and stockholder's equity, respectively? a. increase $4,000; decrease $4,000 b. increase $4,000; incrase $4,000
c.. increase $4,000; no effect
d. no effect:
Answers
When ABC, Inc. purchased inventory for $4,000 on credit, it means that they acquired goods from a supplier but did not pay for them immediately. The correct answer to this question is option B - increase $4,000; increase $4,000. This creates a liability for ABC, Inc. in the form of accounts payable.
Accounts payable is a current liability that represents the amount owed to suppliers or vendors for goods or services purchased on credit. The increase of $4,000 in accounts payable indicates that ABC, Inc. owes this amount to its suppliers.
The liability of ABC, Inc. increases by $4,000, which means that the company has a higher obligation to pay its creditors in the future. This increase in liability also means that the current ratio of ABC, Inc. will be affected. The current ratio is a liquidity ratio that measures the company's ability to pay off its current liabilities using its current assets.
On the other hand, the purchase of inventory also increases the stockholder's equity of ABC, Inc. This is because inventory is an asset that the company can use to generate revenue. The value of the inventory acquired is added to the company's assets, which increases the total assets of ABC, Inc.
In conclusion, when ABC, Inc. purchased inventory for $4,000 on credit, it increased the company's liabilities and stockholder's equity by $4,000 each.
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Click this link to view O*NET’s Tasks section for General and Operations Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by General and Operations Managers? Check all that apply.
filing paperwork and entering data into computers
researching, purchasing, installing, and maintaining computers and office technology
reviewing financial statements, sales and activities reports, and other data
overseeing activities related to making products or providing services
managing staff, preparing work schedules, and assigning duties
directing and coordinating activities of businesses or departments
Answers
Answer:
C). Reviewing financial statements, sales, and activities reports, and other data
D). Overseeing activities related to making products or providing services .
E). Managing staff, preparing work schedules, and assigning duties
F). Directing and coordinating activities of businesses or departments.
Explanation:
The general and operations managers are responsible for managing the use of resources in the organization and supervising the budget and finances. He/she assesses the financial statements associated with sales, activity reports, and other data related to the projects going on. He/she also looks after the activities associated with making products or dispensing services, preparation of work schedules, managing the staff, assigning responsibilities to them, and directing the staff appropriately to ensure coordination among various activities that are going on at different levels and departments which helps in collectively bringing out the desired output for the organization. Thus, options C, D, E, and F are the correct answers.
Answer:
3,4,5 and 6
Explanation:
3. reviewing financial statements, sales and activities reports, and other data
4. overseeing activities related to making products or providing services
5. managing staff, preparing work schedules, and assigning duties
6. directing and coordinating activities of businesses or departments
Done on Edg Jan.2021
Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answers
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
What company was the first to use the term ""smartphone""? in what year?.
Answers
Answer:
The term "smartphone" was first used by Ericsson in 1997 to describe a new device concept, the GS88
ACTIVITY 2.
Identify and explain briefly the question below
1 What are the 4P's in marketing plan?Explain each
А__________
B__________
С__________
D__________
Answers
Answer:
A. Product
B. Price.
C. Place.
D. Promotion.
Explanation:
Marketing plan can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing plan is made up of the four (4) Ps and these includes;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
the manager at creative minds inc. is distressed that employee absenteeism increased by 16% in the past year. how would you recommend the manager respond to this inside force?
Answers
I will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.
Today, the artificial intelligence is a modern technology which performs the function of employees more efficiently and effectively.
The artificial intelligence such as software package that perform a work process automatically does not makes mistakes and does not appear absent as place of work.
Therefore, i will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.
The option includes "a. Evaluate the HR practices to ensure they are generating the behaviors needed to accomplish strategic goals. b. Identify the frequently absent employees, and replace them with artificial intelligence c. Remind employees about how Creative Minds is genuinely connected to supporting youth art programs. d. Demonstrate how the firm is committed to simultaneously tackling global social issues and maximizing shareholder wealth."
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Answer:
Identify the frequently absent employees, and replace them with artificial intelligence.
Explanation:
Your job is to cold call people and sell
them life insurance. You do some
research and find out that the life
insurance policy could be purchased
cheaper online. Your boss forbids you
to tell the customer this and expects
you to sign up at least 5 new
customers per day.
What will you do?
Answers
I believe I would be cheating customers if I don't do right by them. I would prefer to look for a new job than do something that is ethically wrong and against my morals.
As an employee, I would first try to figure out a way to do right by the customers and reduce the insurance fee. I would try to explain to my boss how we could benefit and increase our customer base if we reduce the fees.
If I fail at getting the price change. I would try looking for a new job that fits well with my morals. Till the time I get a new job, I would try working the same job and explaining to the boss.
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Wells converting makes custom paper for books and magazines and uses a job order cost system. each day, wells produces 500 pounds of paper; each period, wells produces 10 tons of paper; each year, wells produces 40 tons of paper. in addition, wells takes on about 200 jobs per year. at what point should wells determine its unit cost?
Answers
In a job order cost system, the unit cost for a particular job is calculated as it is completed. As a result, a company like Wells Converting should determine its unit cost after the completion of each job.
A job order cost system is a method of tracking and allocating the cost of producing a unique product or service. Companies that manufacture customized goods, such as printers and custom bike builders, often use a job order costing system. Each job is considered to be a separate entity, with direct and indirect expenses being assigned to each job on an individual basis.
This implies that cost accounting data is gathered for each job independently, allowing for cost analysis.
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Does anyone know how to start your own business as a teen? I am trying to start my own beauty business, with face products etc. Also I need name ideas one of that I was thinking of was Natural Beauty. Since I am going to be selling all natural products
Answers
Answer:
i'm no expert but, i think first start out with ideas of the business u wanna do and keep adding on to those ideas you already have and find a business idea you know you can invest in and stick to that business so you can make money you want and supply the products people want and need so, that your making money to help yourself out in life and their getting supplies that are good and don't have harsh chemicals so, it doesn't result in you losing money. Also Natural Beauty is a good name but, i think you might like these three name ideas but, if not its okay go with the name you want since it's your business. Here are the name ideas Natural Essentials, Clear Beauty, or Organic Beauty Essentials.
Answer:
Many small business owners decide to set up an LLC for the liability protection it provides. An LLC, or limited liability company, exists separately from its owners (known as members), and the owners are therefore not personally responsible for business debts.Most states don’t allow two different business entities to have the same name. So you can’t, for example, have “Joe’s Donuts, LLC” and “Joe’s Donuts, Inc.,” even if they’re located in different cities. Many states also restrict companies from using certain words in their names, such as “bank.” If the LLC name you’ve selected is available, but you aren’t going to be filing your LLC documents right away, you may want to reserve the name. Nearly every state allows you to reserve a name by filing a form and paying a name reservation fee. The length of the reservation period, filing fees, and renewal policies vary from state to state.Almost every state requires its LLCs to name a registered agent (also sometimes called a statutory agent). A registered agent is a person who agrees to receive lawsuits, subpoenas and other official documents on behalf of the LLC and to pass them along to the appropriate person at the LLC.An LLC operating agreement is the roadmap that describes how your LLC will be run. It specifies such things as the ownership interests and voting rights of the members, how profits and losses will be allocated, how meetings will be held, how the business will be governed, the rights of the members if one of them dies or leaves the business, and the way the company will be dissolved if it goes out of business.Each state has its own form and procedure for establishing an LLC. In general, you must file articles of organization that list.After the LLC’s formation documents are filed and approved, the state will issue a certificate or other document that confirms that your LLC formally exists. Once you’ve received the certificate, you can take care of business matters like obtaining a tax ID number and business licenses and setting up a business bank account. Explanation:If your LLC does business in more than one state, you may need to register to do business in other states. To do this, you’ll need to fill out and submit paperwork that’s similar to the paperwork you filed when you formed your LLC. You’ll also need a registered agent in each state where you are authorized to do business.
The overall process of​ strategy, organization, concept​ generation, product and marketing plan creation and​ evaluation, and commercialization of a new​ product is the definition of?
Answers
The definition of the product development process is the total procedure of strategy, organization, concept generation, product and marketing plan formulation and evaluation, and commercialization of a new product.
What is the process of developing a product?Every step needed to bring a product from inception to market availability is included in the product development process. This involves identifying a market need, researching the competitive environment, imagining a solution, developing a product roadmap, developing a minimum viable product, etc.
Because they are ultimately responsible for the success or failure of the company's products, product managers serve as the strategic driving force behind the product development process.
However, this procedure is not purely a product management task. Numerous teams from within an organization must collaborate on and contribute to product development, including:
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City Security Ltd. acquired 90 percent of the voting shares of Safe Lives Ltd. Adjustments required to prepare city Securitys consolidated financial statements should a. be recorded in Safe Lives' gen
Answers
Adjustments required to prepare City Security Ltd.'s consolidated financial statements should be recorded in City Security's general ledger (OPTION-B).
When a company acquires a controlling interest (more than 50%) in another company, it is required to prepare consolidated financial statements to reflect the financial position and performance of the group as a whole. In this case, City Security Ltd. has acquired 90% of the voting shares of Safe Lives Ltd.
To prepare consolidated financial statements, adjustments need to be made to eliminate any intercompany transactions and to reflect the financial results of the subsidiary (Safe Lives Ltd.) in the consolidated statements. These adjustments are typically recorded in the parent company's (City Security Ltd.) general ledger.
Option b, which states that adjustments should be recorded in City Security's general ledger, is the correct answer. Consolidation adjustments such as eliminating intercompany sales, expenses, and investments are made in the parent company's books to combine the financial information of both entities accurately.
Options a, c, and d are incorrect. Adjustments are not recorded in Safe Lives' general ledger (option a) because it is the subsidiary's financial information that needs to be adjusted and consolidated into the parent company's statements. The adjustments are not recorded in City Security's consolidated general ledger (option c) because the consolidated financial statements are a result of combining the parent and subsidiary's financial information. Lastly, the adjustments are not omitted entirely (option d) as they are necessary to present a true and fair view of the consolidated financial statements.
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The complete question is:
City Security Ltd. acquired 90 percent of the voting shares of Safe Lives Ltd. Adjustments required to prepare City Security's consolidated financial statements should
a. be recorded in Safe Lives' general ledger.
b. be recorded in City Security's general ledger.
c. be recorded in City Security's, consolidated general ledger.
d. not be recorded in either City Security's or Safe Lives' general ledger.
What actions can people take to reduce hunger in local and global settings? Explain in details pls
Answers
Answer:
Kindly check explanation
Explanation:
Hunger often stems from poverty, Famine, inflation, war and so on. However, factors which often has a direct impact on food and coukd lead to hunger include poverty and Famine. To reduce or forestall this problem on a local and global scale, necessary steps which should be taken are those which tends to address the issue of food security. Which includes the empowerment of farmers and good funding and monitoring of the agricultural sector. Through this food cultivation could be done on a multi dimensional scale by providing support in terms of machinery, low interest loans in otter to enable farmers and other related stakeholders get access to the needs d capital for the development of their agricultural business. Also, good road network for easy transportation of farm produce. Alternative methods of watering such as irrigation farming should be upgraded as this could prove vital during periods of Rainfall shortage. The distribition of foods including adequate regularozation of prices is also key in other to prevent artificial inflation or scarcity in a bid to accrue higher profit.
Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
Answers
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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in the presence of profits, firms enter a perfectly competitive market until the market reaches the point at which the firms are generating a profit; then entry stops and the market settles into its -run equilibrium. (make sure to put only one word in each blank.)
Answers
In the presence of profits, firms enter a perfectly competitive market until the market reaches the point at which the firms are generating a profit; then entry stops and the market settles into its long-run equilibrium.
In this type of market, firms are motivated by profit maximization. If a firm is earning profits, other firms will notice and be motivated to enter the market to earn those profits themselves.
This entry of new firms into the market increases the supply of the product, which leads to a decrease in the market price. As the market price falls, profits for all firms decrease, and some firms may exit the market if they are no longer able to cover their costs.
This process of entry and exit continues until the market price reaches the point where firms are earning zero economic profit, also known as the long-run equilibrium.
At this point, the market price is equal to the minimum average total cost of production, including a normal rate of return on investment. In this equilibrium, there is no incentive for firms to enter or exit the market, and the number of firms in the market remains constant.
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The demand function for super big bright led light bulbs is Q^d=(45 million)-(3.5 million * P).If the company charged a price of $8 per bulb
Answers
Answer:
74
Explanation:
saif
Which of the following is a true statement regarding operating costs:
They are fixed expenses.
They are not directly related to production.
They occur once or twice a year.
Only some businesses have them.
Answers
Answer:
They are not directly related to production.
Explanation:
Operating expenses are the costs incurred in running the affairs of a business on a day-to-day basis. They refer to the expenses associated with the maintenance and administration of a business. Operating expenses are also operational costs and include rent, machinery, payroll services, utilities, uniforms, and office supplies. operating cost also covers overhead expenses as well as the cost of goods sold
The ongoing globalization of business activities has given rise to the need for consistent and comparable financial statements for companies in different countries. The FASB and IASB recognize a need for:_______.
Answers
Answer:
internationally comparable financial information.
Explanation:
The FASB refers to the financial accounting standards board while on the other hand, the IASB refers to the International accounting standard board. These two boards are related to accounting.
The FASB focused on the U.S accounting standards while the IASB focused on global standards
Here in the given situation, the comparison is to be done in different countries so the above should be considered as an answer
the ""big three"" factors on the balance sheet important to cash management include
Answers
The "big three" factors on the balance sheet important to cash management include Accounts Receivable, Inventory, Accounts Payable.
Accounts Receivable: The amount of money owed to the company by its customers for goods or services provided on credit.
Inventory: The value of the company's stock of goods available for sale.
Accounts Payable: The amount of money owed by the company to its suppliers and vendors for goods or services received on credit.
These factors are crucial for cash management as they directly impact the company's cash flow. Effective management of accounts receivable ensures timely collection of payments, which increases cash inflow. Proper inventory management helps prevent excess stock, freeing up cash that would otherwise be tied up in inventory. Managing accounts payable efficiently ensures timely payments to suppliers, maintaining good relationships and potentially availing early payment discounts.
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how did craft unions and industrial unions differ?
Answers
Answer:
How did craft unions & industrial unions differ? A craft union is made up of skilled workers who work in a specific trade. ... In industrial union there are all different workers regardless of their trade or skill. This could be found in a steel factory.
explain aims of accelerated growth initiative for South Africa
Answers
Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
Answers
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
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help me to answer thi Q! Thanks!
Answers
1. Suppose that incomes have fallen on average, and that the state of Florida had an extremely favorable growing season for its orange crop. How would we expect that this will affect the supply curve and why? (The supply curve can remain static, the supply curve can shift to the left, we do not have enough information to say, or the supply curve will shift to the right)
Answers
Due to severe weather and a disease that affects citrus fruit, Florida's orange harvest is anticipated to fall to its lowest level since before World War II. Orange juice costs would rise as a result of this further reducing the state's already meager supply.
Where Florida is Located?Florida is a state located in the southeast region of the United States. It is bordered by the Atlantic Ocean and Bahamas to the east and southeast, Georgia to the north, Alabama to the north and northwest, the Straits of Florida to the south, and the Gulf of Mexico to the west.
The Atlantic Ocean and the Gulf of Mexico both border this state, making it unique. With approximately 21 million residents and a land size of 65,758 square miles, Florida is the 22nd-largest state in the nation by both population and area (170,310 km2).
The Miami metropolitan area, which is funded by Florida, is the state's largest metro area even though Jacksonville is the largest city in terms of area.
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Look at the equation framework.
3 empty boxes show the parts of an equation. The first box = the second box minus the third box.
Which of the following lists the proper placement of terms, from left to right, to complete the equation?
revenue, profit, opportunity cost
profit, revenue, production cost
production cost, profit, revenue
opportunity cost, revenue, profit
Answers
Answer:
profit, revenue, production cost
Explanation:
Profit is the rewards or gains realized for engaging in business activities. A business is profitable when revenue is more than the expenses.
Revenue is the income generated from the normal business activities of selling goods and services.
Production costs are the expenses incurred in making goods meant for sale.
Answer:
B
or
profit, revenue, production cost
Explanation: