Answer:
$4,480
Explanation:
The total amount to be recorded as expense would include the cost of the item purchased an the values of the applicable taxes.
As such, the advertising expense would include the value of the goods and services tax as well as the provincial sales tax with both tax rates applied to the applicable cost.
Goods and services tax = 5% × $4,000
= $200
Provincial sales tax = 7% × $4,000
= $280
Total debit to advertising expense
= $4,000 + $200 + $280
= $4,480
Answer:
24.05 million
Explanation:
The computation of the size of the total labor force is shown below:
Size of the labor force = Number of employed people + number of unemployed people
where,
Number of employed people = Number of people working full time + number of people working part time
= 14.53 million + 4.9 million
= 19.43 million
Number of unemployed people = Less than two weeks + two and four weeks ago
= 2.90 million + 1.72 million
= 4.62 million
So, the size of the labor force is
= 19.43 million + 4.62 million
= 24.05 million
Answer:
The answer is: B) $704.50
Explanation:
The ATM deposit and the paycheck deposit increase the account balance, while the grocery store receipt decreases the account balance.
Malcolm's initial account balance was $0
The ATM deposit adds $80
The grocery store receipt deducts ($25.50)
<u>The paycheck deposit adds $650
</u>
Account balance $704.50
Answer: increase
Explanation:
You have a portfolio that consists of equal amounts of IBM stock and Treasury bills. If you replace one-third of Treasury bills with more IBM stock , the expected portfolio return will increase, ceteris paribus
The expected return for a particular investment are the returns which a an investor expects when he or she invests in a particular investment. In the above scenario, there'll be an increase in the expected portfolio return.
Answer:
Delta is responsible for insuring $200,000 / $1,600,000 = 1/8 of the building
Eversafe is responsible for 1 - 1/8 = 7/8
the loss = $1,600,000 x 40% = $640,000
Delta will pay 1/8 x $640,000 = $80,000
Eversafe will pay $640,000 - $80,000 = $560,000
in order for Eversafe to pay:
- $600,000, the total loss = $685,714, or 42.86% of the building
- $700,000, the total loss = $800,000, or 50% of the building
- $720,000, the total loss = $822,857, or 51.43% of the building
- $800,000, the total loss = $914,286, or 57.14% of the building
