Answer:
Cost of Goods Sold = $1,700,000
Gross Proft = $1,740,000
Explanation:
We solve this assingemtn using the inventory identity:
We post the given and solve for the missing part:
640,000 + 2,020,000 = 960,000 + COGS
COGS = 640,000 + 2,020,000 - 960,000 = 1,700,000
Next we use the COGS value to calculate the gross profit.
3,440,000 - 1,700,000 = 1,740,000
Answer:
The answer is b) rise in price to target desperate last minute buyers.
Explanation:
Last minute buyers would buy the tickets despite the increase in price. Revenue is likely to be maximized from the premium in the tickets' price.
<span>The total equivalent warming impact (TEWI) takes into consideration both the direct and indirect global warming effects of refrigerants.
In addition to the direct impact of the refrigerant (which is conveniently estimated by GWP), any system or process, which requires energy input, indirectly affects the environment. This impact is originated from CO2 emissions from the energy production processes.
TEWI can be calculated using the equation below:
TEWI = direct emissions + indirect emissions = (GWP×L×N)+(Ea×β×n),
where
L – annual leakage rate in the system, kg (3% of refrigerant charge annually),
N – life of the system, years (15 years),
n – system running time, years (based on weather data, 4910 hours),
Ea – energy consumption, kWh per year (modelled for each refrigerant),
β – carbon dioxide emission factor, CO2-eq. emissions per kWh (165 g CO2/kWh).</span>
Solution:
(1) Maximum possible $25,000 deduction before phase-out
(2) Maximum deduction phase-out is $22,500
[($145,000 AGI - 100,000) × 0.5]
(3) Current year overall loss $2,500 (1) - (2)
(4) Rental loss in current year $8,000
(5) Current year leasing deficit of 2,500 dollars, Lesser of (3) or (4)
Passive loss carry forward $5,500 (4) - (5)
Answer:
C) $1,166,000
Explanation:
The sales budgeted will be
unit sales budgeted x unit sales price
we look into the assignment for these numbers:
- February sales 10,600 units
And calcualte: 10,6000 units x $110 sales price
Total sales revenue for the month of February 1,166,000
The rest of the data is irrelevant for the question we are given thus, we ignore it.
