Answer:
The answer to this question is option C. $560
Explanation:
We can let the price of each hollow pine door = d and of each solid oak door = 2d.
Since each pine door = 40, d = 40, and the regular price of each solid oak door is (2)(4) = 80.
With a 25% discount, each solid oak door is 0.75(80) = 60.
So, the six oak doors cost 6 x 60 = 360 dollars, and the five pine doors cost 5 x 40 = 200 dollars. Thus, the total is 560 dollars.
Hence the answer is C
Answer:
$637,000
Explanation:
The computation of the total investment securities reported is shown below:
= ABC Co. bonds amortization cost for year 2015 + DEF Co fair value for year 2015 + GEH Inc fair value for the year 2015 + IJK Inc fair value for the year 2015 + LMN co stock fair value for the year 2015
= $367,500 + $48,000 + $47,000 + $44,000 + $130,500
= $637,000
We simply applied the above formula
Answer:
$21000
Explanation:
To determine Gray’s tax basis for a 50% interest in the Fabco Partnership, The interest is increased by the partner’s distributive share of all partnership items of income and decreased by the partner’s distributive share of all loss and deduction items.
Gray’s beginning basis = $5,000
Gray’s 50% distributive share of ordinary income = 50% × $20000 = $10000
Gray’s 50% tax-exempt income= 50% × $8000 = $4,000 and
portfolio income = 50% × $4000 = $2,000
Therefore, the ending basis of Gray’s Fabco partnership interest = $5000 + $10000 + $4000 + $2000 = $21000
Answer:
With Yani's counter-wage offer, the insurance firm will likely reject his counter-offer and, in the extreme, withdraw the employment proposal with the firm.
Explanation:
As indicated in the question, the insurance company is a monopsony. A monopsony is the single buyer in the marketplace. This means that there is no other firm that can employ Yani in his Connecticut hometown. He must look for another job in another environment outside his hometown or condescend to accept the lower than hoped-for salary by the large insurance firm.