T applies for a life insurance policy and is told by the producer that the insurer is bound to the coverage as of the date of the application or medical examination, whichever is later, provided that T is an acceptable risk.
In insurance, an insurance contract is a contract between an insurance company and a policyholder that specifies the claims that the insurance company is legally obligated to pay. In exchange for the first payment, called the premium, the insurance company promises to pay for the losses caused by the risks covered by the terms of the contract.
What is the purpose of insurance?
Your goal is to reduce financial uncertainty and make accidental losses more manageable. This is done by paying a small, well-known fee (premium) to a professional insurance company in exchange for a promise to assume the risk of a large loss and to pay such a loss should it occur. increase.
What is insurance risk?
Actuarial risk is the possibility that something harmful or unexpected will happen. It may involve the loss, theft, damage, or personal injury of valuable property or belongings.
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assume a manager has a choice between two cost drivers: one with a strong cause-and-effect relationship, but no information available and one with a weak cause-and-effect relationship that has information available. the company should choose the cost driver with the cause-and-effect relationship.
Assume a manager has a choice between two cost drivers: one with a strong cause-and-effect relationship, but no information available and one with a weak cause-and-effect relationship that has information available. the company should choose the cost driver with the weak cause-and-effect relationship.
Being comfortable with someone helps keep your relationship happy and healthy. The perfect relationship consists of two people who are happy to come back together at the end of the day and feel that they can be with their partner at all times. essential for a number of reasons. B.
Increase our emotional well-being, create stability, learn how to be good friends and partners, relationship have people we can count on and rely on when we need it, and have loved ones vent when we face difficulties. and friends and companions remove our loneliness and empower us
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when interpreting measures from financial statement analysis, we need (or benchmarks) for comparisons.
In a situation of interpretation for measures from the financial statements of an organization, performance report of revenues or benchmarks are essential for comparison.
What is the significance of financial statements?The financial statements can be referred to or considered as the statements that determine the financial position of a company or an organization during a given period.
In order to assess whether the position of the company has improved in comparison to the previous period, the revenue report helps in analyzing the same. In the initial years, benchmarks are used for the purpose.
Therefore, the significance regarding the financial statements has been aforementioned.
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Answer:
standards
Explanation:
taking a long-term perspective on helping the natural environment and building tomorrow’s business opportunities while effectively managing today’s business is a form of competitive advantage known as .
Taking a long-term perspective on helping the natural environment and building tomorrow’s business opportunities while effectively managing today’s business is a form of competitive advantage known as sustainability.
What is a business?It should be noted that a business simply means an entity that's involved in the production of goods and services.
An environmentally conscious company thinks about its impact on society and the environment in addition to its financial performance. Such a business is sustainable because it helps maintain the integrity of the building in which it works, creating a setting in which the business may flourish.
Therefore, sustainability has to do with Taking a long-term perspective on helping the natural environment
In conclusion, the correct option is sustainability.
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the five types of resources to be considered in operations strategy are: physical resources such as manufacturing plants, warehouses, production equipment, tools, offices, and vehicles human resources, including employees of all skill levels and abilities ip, software, and methods, which comprise all organizational knowledge such as information, processes, trade secrets, and software programs ecosystem resources, which are the important resources that belong to partners, including suppliers, distributors, and customers financial resources, which are the finances available to operations for developing and acquiring the four other classes of resources
The five types of resources to be considered in operations strategy are: physical resources such as manufacturing plants, warehouses, production equipment, tools, offices, and vehicles human resources, including employees of all skill levels and abilities ip, software, and methods, which comprise all organizational knowledge such as information, processes, trade secrets, and software programs ecosystem resources, which are the important resources that belong to partners, including suppliers, distributors, and customers financial resources, which are the finances available to operations for developing and acquiring the four other classes of resources
This problem is True statement.
What is financial resources?
The sources through which businesses acquire the money they require to finance their current operations, investments, and capital. Three general sources—financial institutions, capital markets, and owners' equity (capital stock)—provide an organization with the money it requires. Deposits made into banks, such as those made into checking and money market accounts. Stock holdings: Publicly traded stocks are easily convertible to cash and are regarded as a company's financial resources.
Therefore,
This problem is True statement.
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rich and poor households differ in ways that go beyond income. following are his- tograms that compare the distributions of household size (number of people) for low-income and high-income households.53 low-income households had annual in- comes less than $15,000, and high-income households had annual incomes of at least $100,000.
Both distributions are skewed to the right and single-peaked with low-income more strongly skewed
The visual depiction of data points arranged into user-specified ranges is called a histogram. The histogram, which resembles a bar graph in appearance, condenses a data series into an intuitive visual by collecting numerous data points and organizing them into reasonable ranges or bins. A histogram is an image of data that resembles a bar graph and groups several categories into columns along the horizontal x-axis.
The numerical count or percent of occurrence in the data for each column is represented by the vertical y-axis. To see how data distribution patterns look, utilize columns. Technical analysts in trading utilize the MACD histogram to show variations in momentum. Compared to the corresponding MACD and signal lines, the MACD histogram columns may provide buy and sell indications early.
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Holy macaroni! That's Almost It!
We're done with the four habits of millionaires-to-be.
Do you remember what the habits were? Let's see...
Check the sentences that best describe the "Big Four
Habits."
And you'll see this question again in the test
. You're not quite there yet. Try again.
Virtually all of the 7 million millionaires in the United States
never had to think about tomorrow, since they knew they would be
rich.
were always thinking ahead.
wanted their money to work for them.
wanted to store their money under the bed.
were looking forward to buying a lot of nice toys.
assumed all sellers were telling the truth.
learned how to make smart decisions by doing their homework.
always paid their cell phone first.
always paid themselves first.
Answer:
2,3,7 and the last one
Explanation:
Just had the same question and went back into the lesson to look . THESE TAKE FOREVER HAHA
Seven million millionaires in U.S :
we're always thinking ahead.wanted their money to work for them.learned how to make smart decisions always paid themselves first.Who are millionaires?Millionaires are those individuals who have a net worth that is equal to or are then one million units of currency.
These people include businessmen that have own business and own large amount of shares in other companies. The millionaires networth and financial assets also contribute to the nation's GDP.
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various financial data for the past two years follow. calculate the total productivity measure and the partial measures for labor, capital, and raw materials for this company for both years. what do these measures tell you about this company
The total productivity decreased from 1.66 to 1.53 due to the decrease in the productivity of the labor( from 6.67 to 5.5) and raw materials (from 5.71 to 4.88)
Explanation:
productivity is defined as the ratio of the output to input.
partial measures are defined as the ratio of the output to the single input or it is the ratio of the output to the labor or the ratio of the output to capital.
the total measure is the ratio of the goods or services produced to all the inputs used in producing them.
LAST YEAR:
total productivity = 1.66
partial productivity for labor = 6.67
partial productivity for capital = 4
partial productivity for raw materials = 5.71
THIS YEAR:
total productivity= 1.53
partial productivity for labor= 5.5
partial productivity for capital = 4.4
partial productivity for raw materials = 4.88
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the interdependecy of transportation, distribution, communication, and economic networks across international borders
The interdependency of transportation, distribution, communication, and economic networks across international borders globalization.
What is communication?Communication is referred to the exchange of information between two individuals in the form of conversation, opinion, suggestion, or advice with the help of medium or direct interaction.
Globalization is a procedure by which the planet is becoming more interlinked as a consequence of drastically expanded trade and cultural interchange taking place through communication, transportation, and so on.
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at the end of the current year, using the aging of accounts receivable method, management estimated that $16,500 of the accounts receivable balance would be uncollectible. prior to any year-end adjustments, the allowance for doubtful accounts had a debit balance of $400. what adjusting entry should the company make at the end of the current year to record its estimated bad debts expense?
The adjusting entry that the company should pass at the end of the current year to record the bad debts expense:
Bad Debts Expense 16,900
Allowance for Doubtful Accounts 16,900
What is an allowance for doubtful accounts?A contra account called an allowance for doubtful accounts nets against the total receivables shown on the balance sheet to only show the amounts anticipated to be paid. The percentage of accounts receivable that are anticipated to be uncollectible is estimated by the allowance for doubtful accounts.
A negative balance in the allowance for doubtful accounts means that more accounts than anticipated have been written off. A contra asset account with a typical credit balance is the allowance for doubtful accounts.
Under the aging method, the adjusting entry for bad debt expense is calculated using the following formula:
Estimate of uncollectible accounts - (+) Current credit (debit) balance in the allowance for doubtful accounts = Bad debt expense
Hence, The adjusting entry that the company should pass at the end of the current year to record the bad debts expense is given above.
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"Your question is incomplete, probably the complete question/missing part is:"
Bad Debts Expense 16,500
Allowance for Doubtful Accounts 16,500
Bad Debts Expense 16,100
Allowance for Doubtful Accounts 16,100
Bad Debts Expense 16,900
Allowance for Doubtful Accounts 16,900
Accounts Receivable 16,500
Bad Debts Expense 400
Sales 16,900
Accounts Receivable 16,900
Allowance for Doubtful Accounts 16,900
14. Resources minus capital equals:
A Assets
B. Liabilities
C. revenues
D. Equity
B). 'Liabilities' is equal to the Resources minus capital.
LiabilitiesLiability is described as the 'amount of money in a company that is owed to someone. It is the money that has to be paid in the future.Some examples of liabilities can be;
TaxDebtInterestMortgage paymentsTherefore, when the capital(money owned) is subtracted from the resources of the business, the amount left is called debt or liability that one is liable to pay to someone. Hence, option B is the correct answer.
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jo wants to buy organic strawberries. several sellers in her town claim to sell organic strawberries, and their prices range from $2 to $4 per pound. strawberries that are not labeled as organic sell for $1.50 to $2.50 per pound. what is false about the situation jo faces in the organic strawberry market?
The false about the situation is that price is not a reliable indicator of whether the strawberries are organic.
Organic food - All synthetic chemicals must be avoided in organic food. This begins on the ground as a farmer prepares his field. In his soil, he cannot use any petroleum-based fertilizer or chemically altered material. Manure and compost are natural products that can be used; Miracle Gro is not. Pest and disease control with chemicals is also prohibited. A farmer can use insecticidal soap or neem oil to treat his crops, but he cannot use store-bought sprays unless they are certified organic. Organic food is not genetically modified in any way.
Synthetics are used in the production of inorganic foods. Chemical fertilizers and pesticides are examples of synthetics. Furthermore, producers can modify inorganic food items at the molecular or genetic level. This enables farmers to crossbreed crops in order to produce hardier strains in greater quantities. The Food and Drug Administration regulates inorganic food items in the United States and determines the acceptable levels of synthetics that finished food products can contain.
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(01.02 mc) charlotte is visiting brazil and is looking at souvenirs to purchase. she finds a jersey that costs 89 brazilian real. if the current exchange rate is 1 dollar:5.43 brazilian real, how much does the jersey cost in u.s. dollars?
Based on the current conversion rate, Charlotte, who is in Brazil, will have to pay $16.39 for the shirt.
Jersey cost equals Br. 89.
Exchange rate: Br. 5.43 to $1.
(Br 89/Br 5.43) is the jersey's price in US dollars.
Consequently, at the current conversion rate, Charlotte's jersey will cost you $16.39 in US dollars.
Which exchange rate is it?The rate at which two currencies are exchanged on the foreign exchange market is known as the exchange rate.
The buying power of each currency affects the exchange rate.
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The actions a person takes in purchasing and using products and services, including the mental and social processes that come before and after these actions, is known as.
The answer is consumer behavior.
Consumer behavior can be defined as a process that is closely related to the buying process, at that time consumers carry out activities such as searching, researching, and evaluating products. Consumer behavior is the things that really underlie consumers to make purchasing decisions
Included in consumer behavior in addition to the quality of the product, also includes the price of the product or service. If the price of a product is not too high, then consumers will not take too long to think about and carry out consumer behavior activities. However, if the price of an item or service can be said to be very high, or expensive, then the consumer will give more effort to the item. The buyer will increasingly carry out consumer behavior, such as seeing, asking, evaluating, and considering.
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correll company, which operates a mail-order clothing business, is physically located in state l. this year, the firm shipped $18 million of merchandise to customers in state r. state r imposes a 6 percent sales and use tax on the purchase and consumption of retail goods within the state.
Yes, State R residents who purchased Firm L merchandise owe use tax on their purchases.
The state would collect $1,080,000 additional state revenue.
Following is the respective explanation for the given answers -1. Yes, use tax must be paid on purchases made by residents of State R from Firm L (located outside of State R).
Retail purchases and consumption inside State R are subject to a 6% sales and use tax.
In State R, the cost of items to customers is $18 million.
For State R, Correll might receive $1,080,000 ($18 million * 6%).
2. For State R, Correll might receive $1,080,000 ($18 million * 6%).
State R would earn $1,080,000 more in revenue ($18 million * 6%) if Correll was required to collect the use tax at the moment of sale and then pay the tax earned to it.
Complete Question -Correll Company, which operates a mail-order clothing business, is physically located in State L. This year, the firm shipped $18 million of merchandise to customers in State R. State R imposes a 6 percent sales and use tax on the purchase and consumption of retail goods within the state.
Required:
a. Do State R residents who purchased Firm L merchandise owe use tax on their purchases?
b. If State R could legally require Firm L to collect a 6 percent tax on mail-order sales made to residents of the state, how much additional revenue would the state collect? Explain the reasoning behind your answer.
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James found a job with an annual salary of $62K. What is his weekly salary, rounded to the nearest dollar?
what is the pv of an ordinary annuity with 10 payments of $4,100 if the appropriate interest rate is 5.5%?
The PV of an ordinary annuity with 10 payments of $4,100 if the appropriate interest rate is 5.5% is $30,904.27.
The value of a sum of money today is known as its present value.
Why do we calculate the present value?For the purpose of evaluating future cash flows, you must choose the proper discount rate. Amounts of money are worth more or less today than they will be tomorrow based on their present value. The present value demonstrates that the money you receive today is not worth the money you will receive in the future.
Given,
Total no. of payments = 10
Rate = 5.5%
Annual Payment = $4,100
Required to find Pv of ordinary annuity =?
The calculation is shown in the file attached below:
Thus, If the proper interest rate is 5.5%, the PV of an ordinary annuity with 10 installments of $4,100 is $30,904.27. A formula called the present value interest factor (PVIF) is used to calculate the current value of a sum of money that will be received at a later time.
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)The minimum wage is a type of 5SEMIZE DOK: 1)
price floor
B. comparable worth
C. price celllng
D. marginal price
is lowering the value of a nation's currency relative to other currencies. multiple choice deflation revaluation negative valuation devaluation
Devaluation is the lowering of the value of a nation's currency relative to other currencies. The correct option of this question is d i.e Devaluation
Devaluation is the calculated lowered adjustment of the value of a country’s currency relative to other currencies or currency standards. Devaluation is decided on and done by the government issuing the currency. Devaluation is a tool typically used to boost exports and shrink trade deficits.
By lowering the comparative value of a currency it reduces the cost of exports and increases cost of imports and thus combats trade imbalances. Though this relative decrease of value of a nation’s currency can lead to increased aggregate demand, higher gross domestic product (GDP) and inflation.
The other options are incorrect because:
Deflation is the decrease in the costs of goods and services. It occurs when there is a negative inflation rate i.e. below 0%.Revaluation is the opposite of devaluation and is defined as the calculated increased adjustment of a nation’s exchange rate relative to a standard.Negative valuation is not a proper term as it does not provide any meaningful information.You can learn more about devaluation at
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Find the total deposit if you have: Checks for $152.54 and $147.46, cash of 54 one dollar bills, 12 five dollar bills, 6 ten dollar bills, 35 quarters, 18 dimes, 40 nickels and 75 pennies; less $50 as cash received
Answer:
$437.30
Explanation:
Checks $ 152.54
$ 147.46
54 one dollar bills 54 x 1 $ 54.00
12 five dollar bills 12 x5 $ 60.00
6 ten dollar bills 6 x 10 $ 60.00
35 quarters 35 x 25 cents $ 8.75
18 dimes 18 x 10 cents $ 1.80
40 nickels 40 x 5 cents $ 4.00
75 pennies 75 x 1 cents $ 0.75
Total amount 487.30
less $50 dollars change = 437.30
Careers in the Transportation and Logistics career cluster are
unsecured industries that are expected to decline.
secure industries that are expected to grow.
dangerous industries whose job numbers stay the same.
safe industries whose job numbers stay the same.
Answer:
B)secure industries that are expected to grow.
Explanation:
The other person was right but just accidently said A) instead of B)
Hope this helps! :D
Careers in the Transportation and Logistics career cluster are secure industries that are expected to grow. The correct option is b.
What are career clusters?Career clusters are collections of jobs with shared characteristics, such as industry and objective. Job seekers use career clusters to help them find professions that match their particular interests and skills.
Career Clusters provide students with a context for studying traditional academics and learning the skills specific to a career, and provide U.S. schools with a structure for organizing or restructuring curriculum offerings and focusing class make-up by a common theme such as interest. In the U.S. Department of Education model, 17 Career Clusters link to 70+ more specific Career Pathways each having its knowledge and skills requirements. Within the 70+ career pathways, 1800 Career Specialties are defined. The structure has evolved and may vary by state.
The U.S. DOE Career Clusters framework is useful for connecting students with courses of study and careers via Career Assessments.
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which of these are expressed powers granted by this part of article i, section 8? check all that apply.lay and collect taxes and dutiespay debtsregulate american indian groupsregulate commerce inside a stateborrow moneyregulate commerce with foreign nations
The expressed powers are
Lay and collect taxes and dutiespay debtsborrow moneyregulate commerce with foreign nationsWhat is powers?
The term “power” refers to the ability and capacity of something to act in a particular way. The ability to direct orders to a specific person or group of employees is the final requirement. The power created the fear.
The ability to lay and collect customs, pay debts, borrow money, and control commerce with other nations was never expressly granted in Article 1, Section 8 of the Constitution.
As a result, the expressed the power of the Article 1, section 8.
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which of these is not true regarding the special function performed by the external auditing profession?
It serves the interests of client management rather than the public. This statement is not true regarding the special function performed by the external auditing profession.
"The special function is a testament that the financial statements of their client are fair. This function serves all users of the financial statement, to ensure they all will be receiving reliable financial information."
The special function performed by the external auditing profession is the attestation to the fairness of the financial statements of clients. Auditors need to remember that they are serving the public interest and not necessarily the interests of client management.
This question is incomplete, I have found the complete question and mentioned below:
Which of these is not true regarding the special function performed by the external auditing profession?
a. It helps ensure the reliability and integrity of the financial reporting system.
b. It exists to serve the users of the organization's financial statements.
c. It serves the interests of client management rather than the public.
d. It attests to the fairness of the client's financial statements.
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Who can provide me some examples of businesses?
Answer:
hi!
Explanation:
you should plan out your bisnuse ! and get your invitory try making cards hope this helps!
project management is a necessary discipline in many businesses because: multiple select question. new products must be developed and introduced to the market quickly. corporate priorities are expanding to include environmental and social issues. projects play an increasing role in the strategic direction of firms. few college programs are teaching project management.
Project management is a necessary discipline in many businesses because middle management ranks are smaller than in past generations, corporate priorities are expanding to include environmental and social issues, and new products must be developed and introduced into the market quickly.
Project management is the process of directing the work of a team to achieve all project goals within given constraints. This information is typically documented in project documentation created early in the development process. The main constraints are scope, time and budget.
What is the main purpose of project management?
In other words, the purpose of project management is to plan and direct projects to successfully complete the stated goals and outcomes. This includes identifying and managing risks, prudent resource management, intelligent budgeting, and clear communication between multiple teams and stakeholders.
What are the benefits of project management?
You are more likely to get the results you want. Get a new perspective on your project and how it fits into your business strategy. Prioritize company resources and ensure they are used efficiently. Set a clear scope, schedule, and budget from the start.
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accounting information is if similar items are treated the same way among various companies highlighting similarities and differences between events and conditions.
Accounting information is comparable if similar items are treated the same way among various companies highlighting similarities and differences between events and conditions.
What is accounting ?
Accounting is the process of documenting a company's financial transactions. Accounting comprises summarizing, evaluating, and reporting these transactions to oversight organizations, regulators, and tax collecting authorities.
Accounting is a back-office activity in which staff do not have direct contact with clients, product development, or production. Accounting, on the other hand, is critical to a company's strategic planning, growth, and compliance obligations.
Accounting is required for business growth. Accounting is required for funding. Accounting is required in order to make and collect payments.
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Word count - 103 words
bill filed his 2022 tax return on march 15th, 2023. the statute of limitations for irs assessment on bill's 2022 tax return should end:
Option D is correct. The date that the tax return for Bill has to end would be April 15th, 2026.
What is meant by the tax return?This is the term that is used to refer to the report that a person would fill to the government telling them of the amount of money that they have earned in a year and the amount that they have paid for taxes in that year.
According to statute of limitations in IRS, the tax return is known to end after the 3 years period that it was filed. The date of filing was in March of 2023, the later date should be in April of same year. Hence it would have to end in same date 2026.
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Complete question
Bill filed his 2022 tax return on March 15th, 2023. The statute of limitations for IRS assessment on Bill's 2022 tax return should end:
A. March 15th, 2025.
B. April 15th, 2025.
C. March 15th, 2026.
D. April 15th, 2026.
E. None of the choices are correct.
(c) the limits of the terms of trade are determined by the comparative cost conditions in each country before trade: 1a
Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.
What is comparative cost ?
Comparative costs refers to comparing, using a comparative costs approach, the costs of signing into a privatized contract to the expenses of the state maintaining to provide the services that are the subject of the contract.
Therefore,
The limits of the terms of trade are determined by the comparative cost conditions in each country before trade:
Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.
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since taxes distort market outcomes and efficiencies, should the government legalize currently illegal drugs which have very inelastic demand and heavily tax them to generate revenue?
Inelastic demand and closely tax them to generate revenue: there's no published economic evaluation of the capability effect of drug legalization on Social Welfare.
Revenue is the overall amount of income generated with the aid of the sale of goods or offerings associated with the organization's number one operations. sales additionally referred to as gross income, is frequently called the "top line" because it sits at the pinnacle of the profits assertion. profits, or net profits, is an organization's total earnings or income.
Revenue refers to the total earnings a company generates through its core operations like income from products or services, rents on belongings, routine bills, interest on borrowings, and so on. sales calculations come earlier than casting off any charges, inclusive of discounts and returns.
Revenue, additionally acknowledged surely as "income", does no longer deduct any expenses or prices related to working the commercial enterprise. earnings are the number of profits that stays after accounting for all fees, money owed, extra income streams, and operating costs.
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what would have been the income before income tax if the percentage of sales represented by cost of goods sold had remained at 56% in 20x2? (assume that all other percentages of sales in 20x2 had also remained constant as percentages from 20x1.)
The income before income tax, if the percentage of sales represented by the cost of goods sold had remained at 56% in 20x2, is $248,400.
An income tax is a tax imposed on individuals or entities in admire of the profits or income earned by using them. earnings tax generally is computed because the product of a tax fee instances the taxable income. Taxation rates may additionally range via the kind or characteristics of the taxpayer and the type of profits.
Income taxis a direct tax that a government levies on the profits of its citizens. The income Tax Act, 1961, mandates that the relevant authorities collect this tax. The government can exchange the income slabs and tax quotes each year in its Union price range. earnings do now not simplest imply money earned in the form of revenue.
⇒ 56% x $885,000 = $495,600 cost of goods sold in 20X2.
$74,400 lower than it was in 20X1.
If we add the $74,400 to the income before taxes the result would be $248,400.
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true or false – business associates are not required to notify covered entities (such as ghi, hip, hipic or cci) in the event of a potential, suspected or actual privacy or security violation or breach.