Answer:
$6450
Explanation:
Given that
Monthly gross income = 3500
Monthly operating expenses = 1100
Tax rate = 25%
Annual cost recovery expenses = 3000
Recall that, taxable income is income less expenses.
Therefore,
Annual gross income = 3500 × 12
= 42000
Annual operating expense = 1100 × 12
= 13200
Thus,
Taxable income = 42000 - 13200 - 3000
= 25800
Tax liability = tax rate × taxable income
= 0.25 × 25800
= $6450
During the<u> self-managing teams </u>phase of team implementation, managers have withdrawn from the daily operations and are counseling teams.
<u>Option: D</u>
<u>Explanation:</u>
When business is in the form of start-up than it need huge attention from leading members like manager, employer, team leader, etc. But after training workers, employee and staff regarding their work and duties, the procedure they need to follow, timing, etc, the main leader concentrate more on counsel them, related to obstacles they face while performing their duties.
This is because after training and leasing some time to gain experience in firm, it is understood by manger that the team must have reached to self management, thus concentrating on daily operations is totally a work of team leader. But still when they need guidelines related to new strategies, ongoing improvement, physical and mental issues due to work load, how to remain in pace, etc manger counsel them.
Answer:
$7700
Explanation:
Net Income = Revenue - Expenses
= 9000 - 1300 = $7700
Answer:
Increase profits by $40,000
Explanation:
The computation of the net impact of stopping production of love seats is shown below:
= Contribution margin × increased percentage - segment margin
= $900,000 × 10% - $50,000
= $90,000 - $50,000
= $40,000
Since the amount comes in positive which means that the profits is increased by $40,000
All other information which is given is not relevant. Hence, ignored it
Answer:
Purchase Decision Process
Explanation:
The purchase decision process is the one through which the a buyer makes his decision of buying a certain product.
This consumer buying process has five step which they use to make their decision, are following;
- Need or Problem Recognition.
- Information Search.
- Evaluation of Alternatives.
- Purchase Decision.
- Post-Purchase Evaluation.
I hope the answer is helpful.
Thanks for asking.
