Answer: B. all the resources used to produce any goods and services
Write down three key takeaways from the home-buying process in the space below.
The three takes aways from the home-buying process are, before going house searching,
research the housing market and be pre-approved for a mortgage.Engage the services of a competent real estate agent to walk you through the process and bargain on your behalf.Before closing, do a comprehensive house inspection to discover any potential concerns or needed repairs.What is the Home-Buying Process?Purchasing a house entails locating a suitable property, obtaining financing, making an offer, obtaining a home inspection, and finalizing the transaction.
If you can't afford a large down payment, national and state first-time buyer programs may be helpful. It's critical to maintain your property and save money once you've moved in.
Learn more about Home Buying Process:
https://brainly.com/question/28221673
#SPJ1
"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
How can organisations handle debtors?
Organizations handle debtors by using various legal and ethical practices such as maintaining accurate records and setting payment terms etc.
Establishing precise payment terms, keeping accurate records, sending timely reminders, providing payment plans and working with debt collection agencies are all ways that businesses can manage their debtors. Organizations can assist in preventing past due payments by establishing clear payment terms and ensuring that debtors understand these terms.
Maintaining accurate records and sending reminders on a regular basis can also assist debtors in keeping up with their payments. Offering payment plans to customers who are having trouble making their payments can be helpful and working with a debt collection agency can help businesses collect past due debts more effectively.
When managing debtors it is crucial for businesses to adhere to legal and moral standards and to treat debtors with professionalism.
Learn more about debtors at:
brainly.com/question/11706069
#SPJ1
Barans Company purchased merchandise on account from Springhill Company for $9,300, terms 2/10, n/30. Barans returned merchandise with an invoice amount of $1,500 and received full credit.
a. If Barans Company pays the invoice within the discount period, what is the amount of cash required for the payment? If required, round the answer to the nearest dollar.
Barans Company purchased $9,300 worth of merchandise from Springhill Company and received a credit of $1,500 for returned merchandise. If they pay the invoice within the discount period, they will need $9,114 in cash after deducting the discount amount.
If Barans Company pays the invoice within the discount period, they can take advantage of the 2% discount offered by Springhill Company. The invoice amount is multiplied by the discount rate to determine the discount amount.
Discount amount is calculated by multiplying the invoice amount by the discount rate.
Discount amount = $9,300 x 0.02
Discount amount = $186
The total amount of the payment can be calculated by subtracting the discount amount from the invoice amount.
Total payment = Invoice amount - Discount amount
Total payment = $9,300 - $186
Total payment = $9,114
Therefore, if Barans Company pays the invoice within the discount period, they will need $9,114 in cash to make the payment.
Learn more about discount period from
brainly.com/question/2264363
#SPJ1
During the current year, merchandise is sold for $891,000. The cost of the goods sold is $543,510.
a. What is the amount of the gross profit?
$fill in the blank 1
b. Compute the gross profit percentage (gross profit divided by sales).
fill in the blank %
During the current year, merchandise is sold for $891,000. The calculated gross profit will be $ 347,490 and gross profit percentage is 39%.
A company's gross profit is its profit after deducting all costs associated with manufacturing and selling its goods or services. By subtracting your total sales from the cost of goods sold (COGS), you can figure out your gross profit.
Gross profit = selling price - cost price
= $ 891,000 - $ 543,510
= $ 347,490
Gross profit percentage = gross profit / sales
= $ 347,490/ $ 891,000
= $ 0.39 = 39 %
A company's gross profit is the difference between its total cost of goods sold and total revenue, which is calculated by deducting the total revenue from the total cost of goods sold. It's also known as gross income or gross margin. Gross profit can be used to compare the performance of various businesses because it is a measure of a company's effectiveness in cost control.
Learn more about Gross profit:
brainly.com/question/28390697
#SPJ1
Using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C, determine the federal income tax withholding and calculate the net pay of the following employees. They are paid semimonthly.
C. Pare | Married, Filing Jointly, dependents < 12 = 2 | Pay $1,720
S. Lightfoot | Single, 1 Other dependents | Pay $3,265
The federal income tax withholding for C. Pare is $700.80, and the net pay is $159.20. Since the calculated federal income tax withholding exceeds the gross pay, the net pay for S. Lightfoot is negative. This is not possible, so there may be an error in the input data.
For C. Pare
Determine the gross pay for one pay period
$1,720 / 2 = $860
Calculate the annual salary
$860 x 24 = $20,640
Calculate the taxable income
$20,640 - (12,800 + 2,000) = $5,840
Find the appropriate tax bracket and calculate the federal income tax withholding
Taxable income falls in the 12% tax bracket for married filing jointly.
$5,840 x 0.12 = $700.80
Calculate the net pay
Gross pay - Federal income tax = Net pay
$860 - $700.80 = $159.20
Therefore, the federal income tax withholding for C. Pare is $700.80, and the net pay is $159.20.
For S. Lightfoot
Determine the gross pay for one pay period
$3,265 / 2 = $1,632.50
Calculate the annual salary
$1,632.50 x 24 = $39,180
Calculate the taxable income
$39,180 - (12,800 + 2,000 + 2,000) = $22,380
Find the appropriate tax bracket and calculate the federal income tax withholding
Taxable income falls in the 22% tax bracket for single filers.
($22,380 - $9,875) x 0.22 + $987.50 = $3,018.70
Calculate the net pay
Gross pay - Federal income tax = Net pay
$1,632.50 - $3,018.70 = -$1,386.20
Since the calculated federal income tax withholding exceeds the gross pay, the net pay for S. Lightfoot is negative. This is not possible, so there may be an error in the input data.
To know more about income tax here
https://brainly.com/question/30206522
#SPJ1
Young Manufacturing uses the sum-of-the-years-digits method of depreciation. A piece of
heavy equipment costing $37,500 has an estimated life of five years and an estimated scrap
value of $2,700.
Refer to Young Manufacturing. Compute the amount of depreciation taken in the third year.
If Young Manufacturing uses the sum-of-the-years-digits method of depreciation. the amount of depreciation taken in the third year is $4640.
How to find the depreciation?Total years of useful life = 1 + 2 + 3 + 4 + 5
Total years of useful life = 15
Sum of digits = 1 + 2 + 3 + 4 + 5
Sum of digits = 15
Fraction of depreciation = Remaining years of useful life / Sum of digits
Fraction of depreciation = (5 - 3) / 15
Fraction of depreciation = 2 / 15
Depreciation expense = Total depreciable cost x Fraction of depreciation
Depreciation expense = (Cost - Scrap value) x Fraction of depreciation
Depreciation expense = ($37,500 - $2,700) x (2 / 15)
Depreciation expense = $4,640
Therefore the depreciation $4,640.
Learn more about depreciation here:https://brainly.com/question/1203926
#SPJ1
Suppose the price elasticity of supply for lumber is 2.4. If the price of lumber increases by 20% how much would the quantity supplied of lumber change
The quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.
How to calculate by how much would the quantity supplied of lumber changeIf the price elasticity of supply for lumber is 2.4, then we can use the formula:
Elasticity of supply = percentage change in quantity supplied / percentage change in price
Solving for the percentage change in quantity supplied, we get:
Percentage change in quantity supplied = Elasticity of supply * Percentage change in price
Given that the price of lumber increases by 20%, the percentage change in price is 20%.
The percentage change in quantity supplied would be:
Percentage change in quantity supplied = 2.4 * 20% = 48%
Hence, the quantity supplied of lumber would increase by 48% in response to a 20% increase in the price of lumber.
Learn more about quantity supplied at https://brainly.com/question/2114221
#SPJ1
Suppose that the production of plastic creates a social cost which is depicted in the graph above. Without any government regulation, how much plastic will be produced?
Suppose that the production of plastic creates a social cost which is depicted in the graph above. Without any government regulation, the way that much plastic will be produced is option C: 650
What is the production about?Without some government managing, the production of plastic would likely resume until the private costs of result equal the private benefits of production.
However, because plastic result generates a social cost, the private costs of result do not reflect the brimming cost to society. Therefore, in the absence of management regulation, the result of plastic would likely continue at a level that surpasses the socially optimum level, resulting in overdone pollution and harm to wildlife.
Learn more about production from
https://brainly.com/question/16755022
#SPJ1
1. If you deposit $120 in an account that pays 10% interest annually and you don't touch it for 3 years, what is the interest earned on your initial deposit after 3 years?
2. Given the information below use the formula for compounding interest to determine the increase in value of you $125 deposit after 3 years
The interest earned on your initial deposit after 3 years will be $39.72.
How to explain the interestAfter depositing $120 in an account with a yearly interest rate of 10%, the first year reflects earnings of $12. Once the earnings combine with the main balance, the total value amounts to $132.
The second-year earnings can then be calculated through the newfound balance of $132 and result in $13.20. Adding that to the initial balance yields $145.20. Following this pattern, the third year's interest calculation using the new balance of $145.20 brought forth $14.52 in earned interest, increasing the current balance to $159.72.
Ultimately, the original amount surged by $39.72 due to exceeding interest earnings over three years' time.
Learn more about interest on
https://brainly.com/question/25793394
#SPJ1
Maryann and Don want to open their own deli. To do so, Maryann must give up her job, where she earns $20,000 per year, and Don must give up his part-time job, where he earns $10,000 per year. They must liquidate their money market fund, which earns $1,000 interest annually. The rent on the building is $10,000 per year, and the expenses of such necessities as utilities, corned beef, and pickles are $35,000 annually. The minimum amount of revenue per year that would make it worthwhile, financially, for Maryann and Don to run the deli is _____
The minimum amount of income each year that would make it advantageous, monetarily, for Maryann and Wear to run the shop is $45,000.
The explicit cost incorporates installments made to providers and the costs which are caused while maintaining a business-like lease, wages, and daily material expenses.
Given that:
Earning per year Maryann = $20,000
Earning per year of Don = $10,000
Interest earned annually = $1,000
Rent of the building = $10,000
Expenses of necessities = $35,000
So by taking into account the above data, the express expense is
= Lease of the building + Costs of necessities
= $10,000 + $35,000
= $45,000
$45,000 costs are the expenses that are to be incurred for business expenses or other any purpose i.e. rent, salaries, etc.
Learn more about minimum amount:
https://brainly.com/question/15843305
#SPJ1
Which of the following plans generally identifies the basic
purpose of an organization?
(A) Competitive strategy
(B) Corporate policy
(C) Mission statement
(D) Long-range plan
Answer:
Explanation:
A mission statement is a concise statement that describes the fundamental purpose of an organization, including its key stakeholders, the products or services it provides, and the values that guide its operations. It is an essential component of an organization's strategic planning process and serves as a guiding principle for decision-making and goal-setting.
Competitive strategy refers to the methods and techniques that a company uses to gain a competitive advantage in the marketplace, while corporate policy refers to the rules and guidelines that govern an organization's operations. Long-range plans are strategic plans that extend several years into the future and outline an organization's goals and objectives over that time period.
Therefore, the answer is (C)- Mission statement
118 million Which of the following would never require reporting DTAs DTLS? Subscription received in advance b. An unrealized gain from recording investments at fair value Depreciation on equipment d. Interest from investments in municipal government bonds
Answer:
DTAs and DTLs account for differences between financial and tax reporting. Interest from investments in municipal government bonds is typically tax-exempt and would not require reporting of DTAs or DTLs.
Explanation:
Deferred tax assets (DTAs) and deferred tax liabilities (DTLs) are recorded to account for differences between the financial reporting and tax reporting of a company. DTAs and DTLs should be reported when a company is expected to receive a tax benefit or have a tax obligation in the future.
Of the options provided, interest from investments in municipal government bonds would never require reporting of DTAs or DTLs. This is because interest earned from investments in municipal bonds is typically exempt from federal income tax and, in some cases, state and local taxes as well. Therefore, there would be no difference between the financial reporting and tax reporting, and no need to report any DTAs or DTLs related to this investment.
On the other hand, subscription received in advance, an unrealized gain from recording investments at fair value, and depreciation on equipment may all require reporting of DTAs or DTLs depending on the specific circumstances of the company's financial and tax reporting.
To know more about unrealized gain
https://brainly.com/question/30820592
2. Carson Inc.'s manager believes that economic conditions during the next year will be strong, normal, or weak, and she thinks that the firm's returns will have the probability distribution shown below. What's the coefficient variation for this firm’s returns??
Economic
Conditions Prob. Return
Strong 25% 30.0%
Normal 45% 12.0%
Weak 30% -14.0%
The coefficient variation for Carson Inc.'s returns is 4.06.
The coefficient of variation (CV) is a measure of relative dispersion or risk for a set of data. It is calculated as the standard deviation divided by the mean of the data, expressed as a percentage.
First, we need to calculate the expected return for Carson Inc.'s returns:
Expected return = (0.25 x 0.30) + (0.45 x 0.12) + (0.30 x -0.14) = 0.045 or 4.5%
Next, we need to calculate the standard deviation
Standard deviation = √((0.25 x (0.30 - 0.045)²) + (0.45 x (0.12 - 0.045)²) + (0.30 x (-0.14 - 0.045)²)) = 0.1828 or 18.28%
Finally, we can calculate the coefficient of variation
Coefficient of variation = standard deviation / expected return = 0.1828 / 0.045 = 4.06
To know more about coefficient variation here
https://brainly.com/question/30883513
#SPJ1
Henrich is a single taxpayer. In 2022, his taxable income is $487,500. What are his income tax and net investment income tax liability in each of the following alternative scenarios? Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Note: Do not round intermediate calculations. Leave no answer blank. Enter zero if applicable. Round your final answers to 2 decimal places. Required: All of his income is salary from his employer. Assume his modified AGI is $520,000. His $487,500 of taxable income includes $2,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. His $487,500 of taxable income includes $54,000 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $520,000. Henrich has $198,750 of taxable income, which includes $51,500 of long-term capital gain that is taxed at preferential rates. Assume his modified AGI is $217,500.
Based on the information, the NIIT will be 665 and Income tax will be 29175.50.
How to explain the informationMAGI is adjusted gross income (AGI) plus these, if any: untaxed foreign income, non-taxable Social Security benefits, and tax-exempt interest. For many people, MAGI is identical or very close to adjusted gross income. MAGI doesn't include Supplemental Security Income (SSI).
Modified AGI = $520,000
Income Taxable at ordinary rates = $485,500
Income threshold for NIIT = $200,000
NIIT will be:
= 17500 × 3.8%
= 665
Income tax will be:
= 15213.5 + 147250 - 89075 × 24%
= 29175.50
Learn more about income on
https://brainly.com/question/30155741
#SPJ1
A retailer is considering the purchase of 1,000 units of a specific item from either of two suppliers. Their offers are as follows:
Supplier One: $34.80 a unit, 1/10, n/30, no charge for freight.
Supplier Two: $35.00 a unit, 2/10, n/30, plus freight of $200.
Price of Supplier One:
$fill in the blank 1
Price of Supplier Two:
$fill in the blank
The price of Supplier One is $34.80 per unit, and the price of Supplier Two is $34.50 per unit.
Price of Supplier One: $34.80 per unit
Price of Supplier Two: $35.10 per unit
To calculate the price of each supplier:
For Supplier One: There is no mention of additional charges, so the price would be $34.80 per unit.
For Supplier Two: The unit price is $35.00, but there is a discount of 2% for paying within 10 days, so the effective price would be:
$35.00 x 0.98 = $34.30 per unit
However, there is an additional freight charge of $200, which would be spread across the 1,000 units, resulting in a per-unit charge of $200/1,000 = $0.20.
Therefore, the total cost per unit from Supplier Two would be:
$34.30 + $0.20 = $34.50 per unit.
To know more about Price, here
brainly.com/question/19091385
#SPJ1
if you complete Steps 3-4(b) on the Form W-4 for the highest paying job.)
steps blank for the other jobs. (Ya
If your total income will be $200,000 or less ($400,000 or less if married filing jointly):
Multiply the number of qualifying children under age 17 by $2,000 $
Multiply the number of other dependents by $500
$
Add the amounts above for qualifying children and other dependents. You may add to
his the amount of any other credito
Ft.
The Employee's Withholding Certificate, more commonly known as Form W-4, is an imperative document used by U.Sile employers to accurately advance the number of federal income tax that should be abstracted from a worker's pay.
What is the form about?At the start of their employment, persons must thereby fill out this form and give it to their employer. This paper encompasses exclusive components regarding an employee, such as their identity, location, Social Security number, filing status, the amounts of dependents, and any further gain they will receive during the year.
The company then utilizes the information on the W-4 to exact the suitable quantity of income tax before subtracting it from the salary. It is therefore essential for personnel to truthfully complete the form in order to guarantee the precise amount is removed and chance no startling statistics when filing taxes.
Learn more about W4 on
https://brainly.com/question/26686438
#SPJ1
Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answer:
Explanation:
B - It helps to create good study habits.
