Answer:
$28,317.88.
Explanation:
The annual payment, PMT can be determined using a financial calculator as follows :
PV = $300,000
N = 20
P/YR = 1
R = 7.00 %
FV = $0
PMT = ?
Using a financial calculator, the annual payment, PMT is $28,317.88.
That is more of a personal question but the main reasons that people pick a certain job is because of the wages, location, position, and/or the difficulty.
The amount that ACME Partnership should report as ordinary income is $83,000.
Data and Calculations:
Sales Revenue = $200,000
Cost of goods sold = 115,000
Gross profit = $85,000
Administrative expenses 2,000
Operating income = $83,000
Interest expense 13,000
Taxable income $70,000
Charitable contributions 2,000
Long-term capital gain 10,000
The operating income is the ordinary income before determining the eligibility of the charitable deductions and the long-term capital gain.
Thus, the ordinary income of ACME Partnership is $83,000.
Learn more: brainly.com/question/25056982
Answer:
The correct answer is letter "A": an increase in the price of the firm’s output.
Explanation:
Externalities are costs paid by individuals who are not involved in causing it. The typical example of an externality is a company's pollution. Governments set regulations and penalties to corporations provoking pollution but to mitigate those costs the fined entities rise the price of their products. Thus, eventually, the consumer is the affected of the situation.
However, <em>externalities can be positive. Just like in the example, the green cover of Tampa Power and Light Company benefits Tampa citizens. To incorporate the cost of this benefit will imply rising the price of the firm's output (electricity) so resources can be efficiently allocated.</em>
Answer:
Inventory turnover period in 2019 =89.3 days
Explanation:
<em>The inventory turnover period also known as the inventory days is the average length of time it takes business to sell its stocks and replace same. The shorter the better as it indicates a high patronage from customers.</em>
It is calculated as follows:
<em>Inventory turnover = (Average inventory / cost of goods ) × 365 days</em>
Note that,
<em>average inventory =( opening inventory + closing inventory)/2</em>
Average inventory = (218,000 + 198,000)/2 = 208,000
<em>Cost of goods sold in 2019</em> = $850,000
Inventory turnover period = (208,000/850,000)× 365 days
=89.3 days
