The selling price of office furniture at Staples is $6,000, percent markup on cost is 40%. Calculate the actual cost.

Answers

Answer 1

Based on the selling price of the office furniture and the percentage markup on cost, the actual cost is $4,285.71

What is the actual cost?

The actual cost can be found by the formula:

= Selling price / (1 + markup percentage)

Solving will then give:

= 6,000 / (1 + 40%)

= 6,000 / 1.4

= $4,285.71

In conclusion, the actual cost is $4,285.71 .

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Related Questions

Describe how sales and consumer-related legislation and regulations affect the delivery of customer service

Answers

Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.

There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.

Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.

Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.

Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.

Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.

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According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?

Answers

The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.

Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:

Evaluation of the Night-light Data Method:

Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.

Reasons for Differences between Traditional Expenditure Approach and Night-light Data:

Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.

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Which of the following statement is TRUE?

(1 Point)

Developmental programs improve conceptual skills of managers for the future job.

Training programs improve conceptual skills of nonmanagers for the future job.

Developmental programs improve technical skills of nonmanagers for the current job.

Training programs improve technical skills of mangers for the current job.

Answers

'Developmental programs improve conceptual skills of managers for the future job' is true. The right answer is a.

The goals and content of training and development are different from one another. While "development" refers to a long-term method through which managerial personnel understand conceptual and theoretical knowledge for broad reasons, "training" is a short-term process through which non-managerial personnel acquire technical knowledge and skills for a specific purpose.

Development covers the process through which managers and executives build capacity for both future managing roles as well as skills and competence for their current ones.

The correct answer is option a.

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What is the expected return on Andre’s stock portfolio? 9.70% 13.10% 14.55% 7.28% Suppose each stock in Andre’s portfolio has a correlation coefficient of 0.4 (rho = 0.4) with each of the other stocks. If the weighted average of the risk of the individual securities (as measured by their standard deviations) included in the partially diversified four-stock portfolio is 36%, the portfolio’s standard deviation ( σp ) most likely is 36%.

Answers

Answer:

a. 9.70%

Explanation:

Note: Missing word is attached below as picture

Expected Rate of Return = Sum of (Return *Percentage of Portfolio)

Expected Rate of Return = [6.00% *0.20] + [14.00%*0.30] + [11.00%*0.35] + [3.00%*0.15]

Expected Rate of Return = 1.20% + 4.20% + 3.85% + 0.45%

Expected Rate of Return = 9.70%

If weighted average of the risk of the individual securities included in the partially diversified portfolio of four stocks is 36%, then the portfolios standard deviation most likely is > 36%.

What is the expected return on Andres stock portfolio? 9.70% 13.10% 14.55% 7.28% Suppose each stock in

Use the following information to answer the question: Stock’s Expected State of Probability of Return if this the Economy State Occurring State Occurs Boom 0.25 25% Normal 0.50 15 Recession 0.25 5 The expected return is 15%. What is the standard deviation?

Answers

Answer:

The answer is 0.0707

Explanation:

Solution

Given that:

Probability Return  Probability(return-expected return)^2

0.25                  25                0.25(25-15)^2=25

0.5                     15                0.5(15-15)^2=0

0.25                    5                0.25(5-15)^2=25

Total = 25 +0 + 25

= 50

Thus

The next step is to find the standard deviation which is given below:

Standard deviation=[total probability (return-expected return)^2/total probability]^(1/2)

=(50)^(1/2)

=0.0707

Hence the standard deviation is 0.0707.

Note: The expected return is =15%

Answer:

0.0707

Explanation:

Hope this helps

why do we have to consider the risks before we invest?​

Answers

answer:

your investment value might rise or fall because of market conditions, therefore it is always a smart to consider the risks in investing before you invest. if the risk is huge, then you might not want to invest due to the fear of losing your money.

explanation:

in finance, risk refers to the degree of uncertainty and/or potential financial loss inherent in an investment decisionin general, as investment risks rise, investors seek higher returns to compensate themselves for taking such risksevery saving and investment product has different risks and returns

Write about three pages (750 words) on one of the following topics. In writing your essay, feel free to build on insights from the discussion boards. Drawing on insights from the religion module, compare and contrast how you imagine life to be different for a believer, an agnostic, and an atheist. Imagine a society without literature, music, visual arts, dance, and so forth. Reflect on what would be lost, what gained. I’ll evaluate your exams mainly by the following criteria: Originality of your ideas Development of thoughts Style of writing

Answers

A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.

What would be an agnostic's approach to life?

An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.

An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.

The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.

However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.

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Distinguishing between controllable and noncontrollable costs on a performance report may result in: a decrease in goal congruent behavior by managers. an increase in the effectiveness of a cost management system. an increase in feelings of blame by managers. an increase in the effectiveness of a cost management system and an increase in the quality of performance information. an increase in the quality of performance information.

Answers

Answer: an increase in the effectiveness of a cost management system and an increase in the quality of performance information.

Explanation:

Controllable costs this are the cost over which a company can control. Examples of this cost include marketing budgets, and labor costs.

Why non-controllable costs are those cost that a company cannot change or control, examples of this cost are rent , and insurance. This are usually noticeable by an increase in the effectiveness of a cost management system, and an increase in the quality of performance information.

Customer: "This receipt is ambiguous."
O
I apologize that the receipt is damaged.
I apologize that the receipt is double-sided
I apologize that the receipt is lengthy.
I apologize that the receipt is incorrect.
I apologize that your receipt is unclear.

Answers

I apologize that your receipt is unclear.
If something is ambiguous, that means it is vague or not easily understandable.

I apologize that your receipt is unclear can be referred to Customer: "This receipt is ambiguous." Thus option E is correct.

What is a receipt?

After a consumer has paid for products or services, the firm issues them with a receipt. It serves as a payment confirmation for both your company and the client. Any individual or organization that your company might transact contact with is a beneficiary. The receiver allows you to transfer or receive money.

You can have conflicting feelings about something if you are ambivalent about that as well. "ambiguous" is defined as "not clear or open of being construed in two or perhaps more alternative ways."

When you refer to anything as ambiguous, you are referring to the fact that there are multiple possible interpretations of it, making it confused or perplexing. Therefore, option E is the correct option.

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Analyzing How ROUND Functions Work
In the function =ROUND (B5*140%,-4), what part of the function determines the number of decimal places?
B5
-4
140%
*

Answers

In the function =ROUND(B5*140%,-4), the number of decimal places is determined by the second argument, which is -4. This argument is known as the num_digits argument and it determines the number of decimal places to which the number is rounded.

When the num_digits argument is a positive number, the function rounds the number to that many decimal places to the right of the decimal point. For example, =ROUND(3.14159,2) would round the number to 2 decimal places and return 3.14.  However, when the num_digits argument is a negative number, the function rounds the number to the left of the decimal point. For example, =ROUND(12345,-3) would round the number to the nearest thousand and return 12000.

In the given function, the num_digits argument is -4, which means that the number is rounded to the nearest ten thousand. Therefore, the function would take the value in cell B5, multiply it by 140%, and then round it to the nearest ten thousand.  In summary, the num_digits argument determines the number of decimal places in the ROUND function, with positive values rounding to the right of the decimal point and negative values rounding to the left of the decimal point.

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what is changing risk​

Answers

Answer:

here:

Explanation:

A change risk is the probability that a change program will not reach its stated objectives and goals. There is a wide range of factors that will increase the change risk for a project, and so it is important to conduct an effective risk change assessment to understand, document, and reduce these change risks.

Cullumber Company uses a periodic inventory system and reports the following for the month of June.

What is the weighted-average unit cost ?

Cullumber Company uses a periodic inventory system and reports the following for the month of June.What

Answers

For the month of June, Cullumber Company reports using a periodic inventory system. The weighted-average unit cost  is $10.117, or $951 ÷ 94.

How do periodic inventory systems record inventory?

All purchases made between physical inventory counts are recorded in a purchases account under the periodic inventory system. After a physical inventory count, the balance in the purchases account is moved into the inventory account, where it is rebalanced to match the cost of the finished inventory. Simply put, to determine the weighted average, all data set values must first be multiplied by their respective weights. After that, add up the products that resulted and divide by the total weights. While managing rates, one will as a rule observe that the amount of loads is equivalent to 1 or 100 percent.

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inflation is the rate at which prices in an economy rise. the inflation rate in the united states versus its trade partners has an inverse connection with currency depreciation or appreciation. higher inflation depreciates currency relative to lower inflation because inflation indicates that the cost of goods and services rises. those commodities are then more expensive for other countries to acquire. rising prices may reduce demand. imported goods, on the other hand, become more appealing to buyers in higher inflation countries.

Answers

Inflation is intently related to pastime rates, which can have an effect on alternate rates. Other factors, such as financial growth, the stability of alternate

(which reflects the level of demand for the country's items and services), interest rates, and the country's debt stage all have an impact on the value of a given currency.

What takes place to trade price when inflation rises?

However, in response to an inflation shock the domestic fee stage rises on impact, which will tend to make the alternate fee weaker.

How does inflation affect global trade?

Higher inflation can also influence exports with the aid of having a direct have an effect on on input prices such as materials and labor. These higher charges can have a vast influence on the competitiveness of exports in the global trade environment.

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which business function is concerned with delivering a product or service to customers?

Answers

Answer:

Production

Production departments or companies are the manufacturing branches of a business to produce products or delivery of services to customers

the 3 hour per week that 100 million volunteers donate every year in the US is equal to how many full time worker
a. 1 million
b. 7.5 million
c. 100 million
d. 750 million

Answers

The equivalent number of full-time workers based on the 3 hours per week volunteered by 100 million volunteers in the US is approximately 144,230 full-time workers. Option C is the correct answer.

To calculate the equivalent number of full-time workers based on the 3 hours per week that 100 million volunteers donate every year in the US, we need to determine the total number of hours volunteered and divide it by the number of hours worked by a full-time worker in a year.

Let's assume a full-time worker works an average of 40 hours per week, and there are 52 weeks in a year.

Total hours volunteered per year:

3 hours per week * 100 million volunteers = 300 million hours

Total hours worked by a full-time worker per year:

40 hours per week * 52 weeks = 2,080 hours

Equivalent number of full-time workers:

300 million hours / 2,080 hours = approximately 144,230 full-time workers

Option C is the correct answer.

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Adams Furniture receives a special order for 10 sofas for a special price of $6,400. The direct materials and direct labor for each sofa are $160. In addition, supervision and other fixed overhead costs average $180 per sofa.
Required:
a1. What is the impact on operating income from accepting the special order?
a2. Based solely on a short-term financial analysis, should Adams accept the special order?
b1. If Adams is currently operating at full capacity, what would be the opportunity cost per unit for lost sales to regular customers if the special sales order is accepted and the selling price per unit on regular sales equals $750?
b2. Based solely on a short-term financial analysis, should Adams accept the special order if it is currently operating at full capacity?

Answers

The operating income from special order is $1400 and the opportunity cost per unit for lost sales to regular customers is $430.

What is the impact of the special order on the operating income?

a1. To determine the impact on operating income from accepting the special order, we need to calculate the total cost per sofa and compare it to the special price of $6,400 for 10 sofas.

Total cost per sofa = Direct materials + Direct labor + Fixed overhead

Total cost per sofa = $160 + $160 + $180

Total cost per sofa = $500

Revenue from special order = $6,400

Operating income from special order = Revenue - Total cost

Operating income from special order = $6,400 - ($500 x 10)

Operating income from special order = $1,400

Therefore, the impact on operating income from accepting the special order is an increase of $1,400.

a2. Based solely on a short-term financial analysis, Adams should accept the special order since it will result in an increase in operating income.

b1. If Adams is currently operating at full capacity, accepting the special order will require the company to forgo regular sales to its customers. The opportunity cost per unit for lost sales to regular customers can be calculated as follows:

Opportunity cost per unit = Selling price per unit - Total variable cost per unit

Opportunity cost per unit = $750 - $320

Opportunity cost per unit = $430

Therefore, the opportunity cost per unit for lost sales to regular customers is $430.

b2. Based solely on a short-term financial analysis, whether Adams should accept the special order if it is currently operating at full capacity depends on whether the contribution margin from the special order is greater than the opportunity cost per unit for lost sales to regular customers.

Contribution margin per unit = Selling price per unit - Total variable cost per unit

Contribution margin per unit = $6,400 / 10 - $320

Contribution margin per unit = $640 - $320

Contribution margin per unit = $320

Since the contribution margin per unit of $320 is greater than the opportunity cost per unit for lost sales to regular customers of $430, Adams should accept the special order. However, it's worth noting that accepting the special order could have long-term consequences on the company's relationships with its regular customers.

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In the marketing research process, what step happens after marketers define
the problem?
O A. They interpret the data and make recommendations.
B. They define the problem.
O C. They develop a research design.
O D. They analyze and interpret the data.
IBAT

Answers

Answer:

C the develop a Research Design

what is price elascity of demand?
i,A mearure of the extent to which price changes when the quantity demandes changes
ii,A measure of the extent to which the quantity demanded changes when price changes
iii,A measure of the extent to which total revenue changes when price changes
iv,A measure of the extent to which price changes when total revenue changes
*-CHOOSE THE CORRECT ANSWER-*​

Answers

The price elasticity of demand is ii. A measure of the extent to which the quantity demanded changes when the price changes.

Price elasticity of demand (PED) is a concept used in economics to understand how sensitive the demand for a good or service is to changes in its price. It measures the percentage change in quantity demanded in response to a 1% change in price. If the demand is highly responsive to price changes, the demand is said to be elastic. If the demand is less responsive to price changes, it is considered inelastic.

A high price elasticity of demand indicates that consumers are very sensitive to price changes, resulting in a relatively large change in the quantity demanded. This often occurs with goods or services that have readily available substitutes, where consumers can easily switch to alternatives if prices rise.

Conversely, a low price elasticity of demand indicates that consumers are not very responsive to price changes, resulting in a relatively small change in the quantity demanded. This often occurs with goods or services that are necessities or have limited substitutes, where consumers are willing to pay higher prices despite changes in price.

Understanding the price elasticity of demand is crucial for businesses and policymakers in determining pricing strategies, forecasting demand, and assessing the impact of price changes on total revenue. By knowing the price elasticity of demand, producers can adjust prices strategically to maximize revenue or market share based on consumer responsiveness to price changes. Therefore, the correct option is ii.

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In the event that Only1Corp. obtains control of all the natural gas producers in the US, it would most likely Group of answer choices

Answers

Group of Answers:

a. raise prices, cut production, and realize positive economic profits

b. have a patent giving it exclusive legal rights to make, use, and sell for a limited time.

c. have legal protection to prevent copying its methods of production for commercial use

d. acquire rights for its investors to produce and sell their product

Answer:

Only1Corp

a. raise prices, cut production, and realize positive economic profits

Explanation:

Only1Corp has by the above move become a monopoly by acquiring all the natural gas producers in the US and now has near or total control of the natural gas production.  It will display the characteristics of a monopoly, especially that of a price maker.  Its position in the marketplace will become unchallenged if there are no importers of natural gas to compete with it in the marketplace.  However, it must be noted that monopolies are illegal in the US unless they are government-created monopolies.

Installing a security system is an example of this operating expense.
O insurance
O improvements
O inventory
O professional services

Answers

Installing a security system is an example of an improvement operating expense. Option B. This is further explained below.

What is security system?

Generally, a security system is simply defined as a system of security when someone attempts to break in, an electrical gadget sends off an alert.

inconclusion, An example of an improved operational expenditure is the installation of a security system.

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Question 4 (4 points)
Match each Type of Sales Channel to its corresponding description.
>
Selling products in bulk
to various outlets or
retailers for onward
sale.

When a brand or
manufacturer sells
direct to consumers
and the end users of
their products, as
opposed to selling to
them solely through
retailers.

Selling products directly
to end customers for a
profit, either in-store,
online, mail-order, or
by phone.

Businesses that sell to
other businesses who
are the intended end
user of the product.

1. Retail.
2. Wholesale
3. Direct to Consumer
4. B2B

Answers

Based on business and trading methods, the type of sales channel, that matches the description can be any of the following Retail, Wholesale, Direct Consumer, or B2B.

What are Sales Channels?

The Sales Channel is a term that is used to describe the ways or methods in which producers sell their products. This method can either be through direct or indirect routes.

Considering the available descriptions we have the following sales channel matching them.Wholesale: Selling products in bulk to various outlets or retailers for onward sale.

Direct to Consumer: When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retailers.

Retail: Selling products directly to end customers for a profit, either in-store, online, by mail-order, or by phone.

B2B: Businesses that sell to other businesses who are the intended end user of the product.

Hence, in this case, it is concluded that each of the types of sales channels has its peculiarities that producers may choose to utilize.

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Mackenzie wants to purchase a new sofa for $900. Her brother tells her that if she can come up with 75% of the purchase price, he will lend her the rest of the amount. If Mackenzie produces the required amount, what will be the amount of the loan she receives from her brother?

Answers

Answer:

$225

Explanation:

The cost of the new sofa is $900.

Mackenzie need to raise 75% of the cost price.

Her brother will lend her the balance, which is equivalent to 75% of the cost price.

Mackenzie needs to raise

= 75% of 900

=75/100 x 900

=$675

Her brother will lend her

= $900 - $675

=$225

What is the Importance of Public Personnel Management?

Answers

Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.

The importance of public personnel management can be understood from several perspectives:

1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.

2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.

3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.

4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.

5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.

6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.

In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.

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Suppose that the demand and suppig equations of a consumer are given by: dd 150-sop Qu = 60+40p A, Show graphically and co-pute the consumer surplus? B. show graphically and compute the change in consumer-surpius Lohen the price changes to 2 ?​

Answers

The change in CS when the price increases from $30 to $32 are $22.

Suppose that the demand and supply equations of a consumer are given by:Qd = 150 - 5P and Qs = 60 + 4P, respectively.

Graphical representation of consumer surplus and change in consumer surplus us consider the graph of the given demand and supply equations below: Graph of the given demand and supply equationsWe can observe from the graph above that the equilibrium price is $20 and the equilibrium quantity is 70.

The consumer surplus (CS) can be calculated as the difference between the maximum price that the consumer is willing to pay and the actual price paid.

Suppose that the consumer purchases 40 units of the commodity at a price of $30 per unit.

The CS can be calculated as follows: Maximum price that the consumer is willing to pay is calculated as the difference between the intercept of the demand curve on the vertical axis and the price for the quantity demanded of 40 units as follows: Maximum price = $150 - 5(40) = $-50

This is because the maximum price that the consumer is willing to pay cannot be negative, hence, we conclude that the consumer surplus for a price of $30 is zero.

If the price increases to $32, the consumer will reduce the quantity demanded to 38. The change in consumer surplus is calculated as the difference between the initial and new CS as follows: Initial CS = 0New CS = (150 - 5(38)) - (32)(38) = $22

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What is YTM of a bond that matures in 23 years with semiannual coupon payments if quoted price is 103.203, par value $2,000 coupon rate of 6.81%?

Answers

The YTM is 6.54% for the required period of time. YTM means yield to maturity.

What is the meaning of YTM?

A rate of return estimate is the yield to maturity (YTM). It is assumed that the bond buyer would keep the bond until it matures and that they will reinvest all interest payments at the same interest rate. Consequently, the coupon rate is taken into account while calculating yield to maturity. YTM is another name for the yield on redemption.

According to given question

Face value=$ 2000

Current price= 2000*(103.203/100)=2064.06

Time=23*2=46

Coupon=6.81*2000*5=68.1

YTM=[(68.1+((2000-2064.06)/46))/(2000+2064.06)/2)*2

YTM=6.54%

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Each year The Calendar Shop orders calendars for the coming year. Anticipated demand for the coming year is for 2000 calendars. The Shop's fixed costs are $750. Each calendar cost $3 and The Calendar Shop sells each one for $5.00. At the end of July during the next year, The Shop will reduce the calendar price to 60% of the original selling price and will sell all the surplus calendars at this price. Assume the original selling price varies from $4.00 to $7.25 in increments of $0.25. The Calendar Shop can order in increments of 250 calendars up to a maximum of 4000 calendars. Answer the questions below. For each question, start with the original conditions given here.

10.If the sale price is set at $4.75, the Calendar Shop can expect to make the maximum profit when the order quantity is : A. 2,000 B. 2,500 C. 3,000 D. 3,500

Answers

A. 2,000. The maximum profit is obtained when the order quantity is set at 2,000, since this is the anticipated demand for the coming year.

What is profit?

Profit is the amount of money a business earns after expenses are deducted from its total revenue. It is the difference between a company's total revenue and expenses, and it is a measure of the business's performance. It serves as an indicator of a company's financial health and is an important metric for investors and owners. Profit is also referred to as net income, net earnings, or the bottom line.

With 2,000 calendars, the Calendar Shop can cover its fixed costs of $750, and will make a profit of $2,250 ($5.00 minus $2.75 per calendar). With an order of more than 2,000 calendars, the price per calendar will have to be reduced, resulting in a lower overall profit.

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Tegan made fully-deductible contributions to traditional retirement accounts for several years. In 2020, she decides to withdraw $15,000 from one of her accounts. Tegan is 62 years old. How does this transaction affect her 2020 tax return

Answers

The transaction will affect her tax return because full $15,000 distribution is taxable income but, not subject to the early distribution penalty.

What is a Tax return?

A tax return means the process of returning tax toi taxpayer after an over-payment or mistake in computation

In U.S., there are no limit in withdrawal if the tax payer has surpassed the age of 59 although the withdrawal is taxable given the account is traditional IRA.

Hence, the transaction will affect her tax return because full $15,000 distribution is taxable income but, not subject to the early distribution penalty.

Therefore, the Option A is correct

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Principles of Investment
Assignment Active
Monetary Policy and Investments
Juan is always researching different investment options.
A few weeks ago he noticed some nice homes for sale in
his neighborhood. The listed prices were below market
value. Today on the news he heard that the Federal
Reserve lowered interest rates for banks and that banks
have lowered interest rates for home mortgages in turn.
As a result, there has been a huge boom in the number of
people purchasing homes.
What is most likely to happen as a result of the
change in interest rates?
O Housing prices will go up and down due to
changing fiscal policy.
O The market will experience more demand and the
price of houses will go up.
O The price of houses will go down in response to the
decreased demand.
O The prices for homes in that area will be stable due
to the new monetary policy.
4

Answers

As a result of the decrease in interest rates, Option B. The market will experience more demand, and the price of houses will go up.

The demand for houses will go up and housing prices will increase, causing individuals who were on the fence about buying a house to act swiftly before prices rise too much. As a result, housing sales are expected to surge. Lower interest rates, on the other hand, are often linked to increased borrowing and spending in the economy. Because borrowing money is now less expensive, more people are more willing to do so and the money supply in circulation rises.

The decrease in interest rates could cause more individuals to be more willing to purchase a home due to lower interest rates and more affordable mortgage payments. Lowering interest rates for banks and home mortgages, as well as lowering the cost of borrowing, encourages more people to buy houses, resulting in a greater demand for homes and, in turn, driving up the prices of homes.

As a result, option B is correct: the market will experience more demand, and the price of houses will go up. Therefore, the correct option is B.

The question was incomplete, Find the full content below:

Juan is always researching different investment options. A few weeks ago he noticed some nice homes for sale in his neighborhood. The listed prices were below market value. Today on the news he heard that the Federal Reserve lowered interest rates for banks and that banks have lowered interest rates for home mortgages in turn. As a result, there has been a huge boom in the number of people purchasing homes. What is most likely to happen as a result of the change in interest rates?

A.  Housing prices will go up and down due to changing fiscal policy.

B. The market will experience more demand and the price of houses will go up.

C. The price of houses will go down in response to the decreased demand.

D. The prices for homes in that area will be stable due to the new monetary policy.

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How do unions help workers?

They negotiate with employers for workers.
They provide training for workers.
They educate workers’ children.
They evaluate the quality of work being performed.

Answers

Answer:

the answer is a

Explanation:

because unions wanted to get better benifits and such

A because they get different types of benefits for each other in a line of work!

When should you change your gloves? Select all that apply.

Answers

Answer:

iu should change in 2hrs

at minimum to guard against possible unseen punctures

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