Answer:
Gross income refers to the income of an individual before taxes or any other deductions. It includes all type of income from all sources.
The list is as follows:
a. Excluded from
b. Included in
c. Included in
d. Excluded from
e. Excluded from
f. Included in
g. Included in
h. Included in
i. Included in
j. Excluded from
Answer:
a. 244,662,000
b. 155,654,000
c. 63.62%
d. 7.92%
Explanation:
a. the adult population
Adult population = Number of employed + Number of unemployed + Number of people not included in labor force
= 143,322,000 + 12,332,000 + 89,008,000
= 244,662,000
b. the labor force
Labor force = Number of employed + Number of unemployed
= 143,322,000 + 12,332,000
= 155,654,000
c. the labor-force participation rate
Labor-force participation rate = Labor force ÷ Adult population × 100
= 155,654,000 ÷ 244,662,000 × 100
= 63.62%
d. the unemployment rate
Unemployment rate = Number of unemployed ÷ Labor force × 100
= 12,332,000 ÷ 155,654,000 × 100
= 7.92%
The Bureau of Labour Statistics announced is:
A. The adult population = Employed + Unemployed + Not in the labour force
The adult population = 143,322,000 + 12,332,000 + 89,008,000
The adult population = 244,662,000
B. The labour force = Employed + Unemployed
The labour force = 143,322,000 + 12,332,000
The labour force = 155,654,000
C. The labor-force participation rate = (Labour force / Adult population) × 100
The labor-force participation rate = 155,654,000 ÷ 244,662,000 × 100
The labor-force participation rate = 63.62%
D. The unemployment rate = Number of unemployed ÷ Labour force × 100
The unemployment rate = 12,332,000 ÷ 155,654,000 × 100
The unemployment rate = 7.92%
Therefore, a. 244,662,000, b. 155,654,000, c. 63.62%, d. 7.92%
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Answer:
c. Internal Service Fund
Explanation:
Internal Service Fund -
It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .
The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .
For example , maintenance is an example of the internal service fund .
Hence , from the given information of the question ,
The correct answer is c. Internal Service Fund .
The additional spendable income will each investor have if the business is organized as a partnership rather than as a corporation is $22,100.
Income if formed as corporation in hands of each shareholder should be
= 1,000,000 × 10% × ( 1- .34 ) × (1- .35)
= 100,000 × .66 × .65
= $42,900
Now
Income will be taxable in hands of partner = 1,000,000 ×10% ×(1-.35)
= 100,000 ×.65
= 65000
Now
Additional income should be
= $65,000 - $42,900
= $22,100
Learn more: brainly.com/question/24908711?referrer=searchResults
Answer:
$22,100
Explanation:
Calculation for the additional spendable income
First step is to find the Corporation Spendable income amount
Corporate taxes$340,000
($1,000,000*34%)
Income after corporate tax $660,000
($1,000,000-$340,000)
Tax on dividends $231,000
($660,000*35%)
Spendable income $429,000
($660,000-$231,000)
Second step is to find the Partnership Spendable income amount
Taxes paid by business $0
Income received by investors $1,000,000
Taxes paid by partners as personal income $350,000
($1,000,000*35%)
Spendable income $650,000
($1,000,000-$350,000)
Last step is to find the Difference between Corporation Spendable income amount and the Partnership Spendable income amount
Using this formula
Difference in Spendable income=Corporation Spendable income amount - Partnership Spendable income amount
Let plug in the formula
Difference in Spendable income=$429,000-$650,000
Difference in Spendable income=$221,000
Which means that the amount of $221,000 is the
Total gain amount from being a partnership.
Hence, the Individual investor gain will be calculated as $221,000*10%
Individual investor gain=$22,100
Therefore the amount of spendable income that each investor will have if the business is organized as a partnership rather than as a corporation will be $22,100
buying?
To encourage impulse purchases, inexpensive items such as snacks and lighters are placed near the cash registers.
A cash register is also known as a machine-controlled money handling system. It is a mechanical device used at a point of sale to register and calculate transactions.
It is typically attached to a storage space and applied to store cash and other valuables. In order to encourage impulse purchases, inexpensive items such as snacks and lighters are strategically placed near cash registers.
Learn more about the cash register, refer to:
Answer:
cheap things like snacks and lighters
Explanation:
b. Some hamburgers that are valued more highly by consumers than their opportunity cost of production are not being produced and sold
c. Some hamburgers produced incur opportunity costs of production that exceed their value or marginal benefit to consumers.
Which of the following must be true for a market to be able to achieve an efficient outcome?
a. The market price is determined solely by the forces of supply of and demand for a good.
b. Firms can freely enter or exit the market without any barriers.
c. Private property rights are well-defined and enforced.
Answer:
a. The opportunity cost of producing the last hamburger equals the marginal benefit of consumption.
2. a. The market price is determined solely by the forces of supply of and demand for a good.
Explanation:
1. Since all the hamburgers are sold at an equilibrium price of $5 and all the hamburgers are sold, that is clear reflection that the opportunity cost that is the benefit foregone in order to produce the last hamburger = the maximum price that the consumer can pay for buying the additional hamburger, that is marginal benefit.
In that case the producer shall always produce the additional hamburger.
Accordingly the outcome in market is economically efficient.
2. When the price is determined by the forces of supply and demand, that is at a point where the intersection of supply and demand forces takes place, it is the most efficient outcome, as at that price maximum consumers are ready to buy, and also maximum supplies are ready to be done, both are satisfied at their levels.
Answer:
$18,800
Explanation:
The amortization expense can be calculated by dividing the cost of copyright to purchase by the estimated useful life and then multiplied by the number of months covered until May 1, 2017.
Amortization expense = Cost to purchase / Estimated useful life) x 8/12 Amortization expense = ($112,800 / 4 years) * 8/12
Amortization expense = $18,800
As the copyright is purchased on may 1 it will cover 8 months till 31 december 2017