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BabaBlast [244]
2 years ago
5

Stanley receives his degree from OCC. Stanley leaves his job at Trump Organization, paying him $100,000 a year. Stanley uses his

life saving of $250,000 that he had deposited at Wells Fargo at an annual rate of 5% to start his own clean-energy company. Stanley’s first year revenue and expenses are as follow, Rent $23,000 Salary 57,000 Utility 22,000 Others 13,000 _________ Total 115,000 _________ Revenue for the year $180,000 11. Stanley’s explicit costs for the year is Group of answer choices $215,000 $112,500 $180,000 $216,250 $115,000
Business
1 answer:
zaharov [31]2 years ago
4 0
Oh oh oh o'reilyyyy. auto parts
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A purchasing consortium: Group of answer choices is a form of collaborative purchasing used only by the public sector to deliver
Anestetic [448]

Answer: consists of two or more independent organizations that combine requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.

Explanation:

Purchasing consortium is simply defined as an arrangement that involves collaboration which takes place between two or more organisations who join hands together in order to gain better prices and achieve terms which are favorable from their suppliers.

Purchasing consortium consists of two or more independent organizations that combine requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.

It should be noted that it's not only used by public institutions, therefore option A is incorrect. Purchasing consortium helps speed up the purchasing process.

8 0
2 years ago
Aseller closed on his house on november 15. the annual tax bill for the current year is $1,475, which will be paid in arrears by
Paladinen [302]

Answer:

$1,291

Explanation:

The computation is shown below:

Per day allocation = $1,475 ÷ 360 days = 4.0972

Now the days of the seller is counted from January to October month i.e

= 10 months × 30 days

= 300 days

And, add the 15 days of November, so the total number of  days is 315 days

So, the seller portion of the tax is

= 315 days ×  4.0972

= $1,291

The calendar year started from January month and we take the same for the above calculation

7 0
2 years ago
The revenues and expenses of Zenith Travel Service for the year ended August 31, 20Y4, follow:
Alisiya [41]

Answer:

Zenith Travel Service

Statement of Owner's Equity for the year ended August 31, 20Y4:

Capital as of September 1, 20Y3 = $456,000

Additional investment                          43,200

Retained Earnings                                 (8,400)

Drawings                                              (21,600)

Capital as of August 31, 20Y4        $469,200

Explanation:

a) Data and Calculations:

Additional investment = $43,200

Personal withdrawal = $21,600

Income Statement for the year ended August 31, 20Y4:

Fees earned                                  $899,600

Office expense            353,800

Miscellaneous expense 14,400

Wages expense          539,800     908,000

Net income/Retained earnings      ($8,400)

b) Zenith's statement of owner's equity is a financial statement that reports the changes in the equity section of Zenith's balance sheet during the year ended August 31, 20Y4. In other words, it reports the events that increased or decreased Megan Cox's equity over the course of the year from September 1, 20Y3 to August 31, 20Y4.

8 0
2 years ago
In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca
Sloan [31]

Answer:

Accounting Break-Even

Case 1 = $14,350   Case 2 = $8,485.71    Case 3 = $214.375

Cash Break-Even

Case 1 = $11,766.67    Case 2 = $1342.86     Case 3 = $168.75

Explanation:

According to the scenario, computation of the given data are as follow:-

Accounting Break-Even = (Fixed Cost + Depreciation Cost) ÷ (Price Unit -Variable Unit)

Case 1 - ($7,060,000 + $1,550,000) ÷ ($3075 - $2,475)

= $8,610,000 ÷ $600

= $14,350

Case 2 - ( $47,000 + $250,000) ÷ ($96 - $61)

= $297,000 ÷ 35 = $8,485.71

Case 3 - ($2,700 + $730) ÷ ($21 - $5)

= $3,430 ÷ $16 = $214.375

Cash Break Even = Fixed Cost ÷ (Price Unit - Variable Unit)

Case 1 - $7,060,000 ÷ ($3075 - $2,475)

= $7,060,000 ÷ $600

= $11,766.67

Case 2 - $47,000 ÷ ($96 - $61)

= $47,000 ÷ $35 = $1342.86

Case 3 - $2,700 ÷ ($21 - $5)

= $2,700 ÷ $16 = $168.75

6 0
2 years ago
Match the elements of the buying equation theory with their definitions.
ANEK [815]

Answer:

were is the question

Explanation:

4 0
2 years ago
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