Description : There is a clothing store in Bartlesville. The owner has devised his own method of pricing items. A vest costs $20, socks cost $25, a tie costs $15 and a blouse costs $30. Using the method, how much would a pair of underwear cost? -Riddles
Last Answer : $45. The pricing method consists of charging $5 for each letter required to spell the item.
Description : A new clothing store has a unique method of pricing items. A vest costs $20, a tie costs $15, a blouse costs $30, and underwear costs $45. How much would pants cost? -Riddles
Last Answer : $25. The pricing method charges $5 for each letter needed to spell the item.
Description : Three friends Alice, Bond and Charlie divide $1105 amongst them in such a way that if $10, $20 and $15 are removed from the sums that Alice, Bond and Charlie received respectively, then the share of the sums that ... 18 : 24. How much did Charlie receive? a) $495 b) $510 c) $480 d) $375 e) $360
Last Answer : Answer: A Let the sums of money received by A, B and C be x, y and z respectively. Then x - 10 : y - 20 : z -15 is 11a : 18a : 24a When $10, $20 and $15 are removed, we are removing a total of $45 from ... or a= 20 We know that z - 15 = 24a = (24 * 20) = 480 Therefore, z = 480 + 15 = $495
Description : Cole Company has sales revenue of $39,000, cost of goods sold of $24,000 and operating expenses of $9,000 for the year ended December 31. Cole's gross profit is a. $30,000. b. $15,000. c. $6,000.
Last Answer : b. $15,000.
Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?
Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.
Description : 1. Assume that there are only two goods: A and B In the base year, Quantity Price A 10 $1 B 10 $4 In the current year, Quantity Price A 20 $ 5 B 25 $20 The Consumer Price Index (CPI) for the current year is: a. 50 b. 100 c. 200 d. 500 e. 60
Last Answer : d. 500
Description : .If a product’s Price was $20, its Material $8, and its Labor $7, the Margin Per Unit would be: a. $12. b. $13. c. $1. d. $5.
Last Answer : d. $5.
Description : From the information given below, calculate Debt service coverage Ratio- Net profit after interest and Tax Rs. 40,000, Depreciation Rs. 5,000, Rate of Income Tax 50%, 10% Mortgage Debentures Rs. 60,000. Fixed Interest Charges Rs. 6 ... . (A) 4 06 times (B) 5 06 times (C) 6 06 times (D) 7 06 times
Last Answer : Answer: 4•06 times
Description : At the beginning of the year, Midtown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Midtown Athletic reported ending inventory of $600,000 and sales of $2,000,000 ... a. $1,000,000 and 50%. b. $1,400,000 and 30%. c. $1,000,000 and 30%.
Last Answer : b. $1,400,000 and 30%.
Description : A company shows the following balances: Sales $1,000,000 Sales Returns and Allowances 180,000 Sales Discounts 20,000 Cost of Goods Sold 560,000 What is the gross profit percentage? a. 56% b. 70% c. 44% d. 30%
Last Answer : d. 30%
Description : Assume that the required ratio is 10 percent and bank receives $1,000 deposit. What is the excess reserves ? (a) $100 (b) $9,000 (c) $900 (d) $10,000
Last Answer : (c) $900
Description : What is Value Added Tax (VAT)? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods
Last Answer : (3) A single tax that replaces State taxes like, surcharge, turnover tax, etc. Explanation: A value added tax (VAT) is a form of consumption tax. A VAT is like a sales tax in that ... under the single tax system based primarily or exclusively on one tax, typically chosen for its special properties.
Description : Laffer curve is related to (a) Tax rate and tax revenue. (b) Aggregate tax and aggregate non-tax revenue. (c) Total tax burden and total payment burden. (d) Total income and total expenditure.
Last Answer : (c) Total tax burden and total payment burden.
Description : What is Value Added Tax (VAT) ? (1) A simple, transparent, easy to pay tax imposed on consumers (2) A new initiative taken by the Government to increase the tax-burden of high income groups (3) A ... like, surcharge, turnover tax, etc. (4) A new tax to be imposed on the producers of capital goods
Last Answer : A single tax that replaces State taxes like, surcharge, turnover tax, etc.
Description : What would you think of a guy who pays $23,000 for a new car, and only $150 for an engagement ring?
Last Answer : Someone needs a serious a$$ kicking.
Description : Gross profit would be a. $105,000. b. $28,000. c. $73,000. d. $150,000.
Last Answer : c. $73,000.
Description : 6. Assume that Potential Real GDP equals $10,000. National Income is therefore $10,000. Of this, consumers will pay $2,000 in taxes, save $1,000, and spend $7,000 on consumer goods. Business Investment ... . budget deficit of $1000 c. budget surplus of $1000 d. budget deficit of $2000 C C A A C
Last Answer : c. budget surplus of $1000
Description : Sal’s nonoperating income (loss) for the month of August, 2008 is a. $0. b. $500. c. $1,000. d. $1,500.
Last Answer : d. $1,500.
Description : The entry to record the receipt of payment within the discount period on a sale of $750 with terms of 2/10, n/30 will include a credit to a. Sales Discounts for $15. b. Cash for $735. c. Accounts Receivable for $750. d. Sales for $750.
Last Answer : c. Accounts Receivable for $750.
Description : What would you think or feel if your elderly uncle gave you $15,000?
Last Answer : Grateful.
Description : Suppose an economy’s entire output is cars. In Year 1, all manufacturers produce cars at $15,000 each; the real GDP is $300,000. In Year 2, 20 cars are produced at $16,000 each.?
Last Answer : What is the real GDP in Year 2? (Hint: Find out how many cars were made in year 1 by dividing the total values of all cars by their individual costs)
Description : The fight is almost coming to an end after a five minute battle. Team one lost all of the members, except for leader Joe who carries a big hammer, which is very dangerous and strong. Team two ... bigger and much more dangerous weapon than the two on the other team, why did he surrender? -Riddles
Last Answer : It was a checkmate!
Description : What exactly is it about these dresses that make them worth $20,000 each?
Last Answer : Nothing objective. Only rarity.
Description : What are the best hybrid cars for under $20,000?
Last Answer : Hyundai is a really good company for hybrid cars. Hybrid cars are gaining popularity and there are more options in todays market. You can always find an older model or used car for under $20,000.
Description : How will a consolidation loan effect my finances with $20,000 in credit card debt?
Last Answer : A consolidation loan will pay off all of your bills and give you one payment. This program will only really work if you cut up your credit cards and have discipline.
Description : Baden Shoe Store has a beginning merchandise inventory of $30,000. During the period, purchases were $140,000; purchase returns, $4,000; and freight-in $10,000. A physical count of inventory at the end of the period revealed ... for sale was a. $164,000. b. $156,000. c. $176,000. d. $184,000.
Last Answer : c. Purchases Returns and Allo
Description : Jake's Market recorded the following events involving a recent purchase of merchandise: Received goods for $20,000, terms 2/10, n/30. Returned $400 of the shipment for credit. Paid $100 freight on the shipment. ... . b. increased by $19,700. c. increased by $19,306. d. increased by $19,308.
Last Answer : d. increased by $19,308.
Description : Companies can enter a Recruiting Spend budget up to an additional ____. a. $5,000 b. $7,500 c. $10,000 d. $20,000 e. $50,000
Last Answer : a. $5,000
Description : .If your current capacity is 10,000 units and your automation level is 5.0, what is the difference of the investment between doubling your capacity and doubling your automation level? a. $60,000 b. $20,000 c. $10,000 d. $520,000 e. $260,000
Last Answer : a. $60,000
Description : A tax is said to be regressive when its burden falls - (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these
Last Answer : (2) more heavily on the poor than on the rich Explanation: In terms of individual income and wealth, a regressive tax imposes a greater burden on the poor than on the rich. There is an inverse ... to reduce the tax burden of the well-todo, as they shift the burden disproportionately to the needy.
Description : A tax is said to be regressive when its burden falls (1) less heavily on the poor than on the rich (2) more heavily on the poor than on the rich (3) equally on the poor as on the rich (4) None of these
Last Answer : more heavily on the poor than on the rich
Description : How does asset depreciation affect my tax burden?
Last Answer : Asset Depreciation will decrease your tax amount owed. If you have assets that have decreased in value and qualify, you can file the loss on your taxes and be credited that amount toward your tax bill.
Description : The incidence of Tax refers to - (1) Who pays the Tax? (2) Who bears the burden of Tax? (3) How Taxes can be shifted? (4) Who transfers the Tax burden?
Last Answer : (2) Who bears the burden of Tax? Explanation: In economics, tax incidence is the analysis of the effect of a particular tax on the distribution of economic welfare. Tax incidence is said to "fall' upon the group that ultimately bears the burden of, or ultimately has to pay, the tax.
Description : If elasticity of demand is perfectly inelastic, then burden of tax will be on (a) Buyer (b) Seller (c) on both (a) and (b) (d) More on seller
Last Answer : (a) Buyer
Description : If Nominal GDP is 11% and Real GDP is 6%, then the difference of 5% represent (a) Depreciation ; (b) Rate of inflation ; (c) Rate of interest ; (d) Tax burden
Last Answer : (b) Rate of inflation ;
Description : The incidence of Tax refers to (1) Who pays the Tax ? (2) Who bears the burden of Tax ? (3) How Taxes can be shifted ? (4) Who transfers the Tax burden ?
Last Answer : Who bears the burden of Tax ?
Description : On October 4, 2008, Terry Corporation had credit sales transactions of $2,800 from merchandise having cost $1,900. The entries to record the day's credit transactions include a a. debit of $2,800 to ... c. debit of $1,900 to Merchandise Inventory. d. credit of $1,900 to Cost of Goods Sold.
Last Answer : b. credit of $2,800 to Sales.
Description : If your company has a sales budget of $3 million and drops it to zero, a. accessibility drops by $1 million every year. b. awareness drops to zero. c. accessibility drops to 0% in three years. d. sales will drop to zero. e. all of the above.
Last Answer : c. accessibility drops to 0% in three years.
Description : what percent of $1.00 is 15 cents?
Last Answer : 0.15
Description : What is a good quality portable external hard drive at a reasonable price (i.e. less than $150)?
Last Answer : Mac or PC?
Description : If there is a TV for 349 dollars plus 10 percent sales tax what is the total?
Last Answer : 349.0034.9 +======383.9
Description : What is the total cost of 206.88 with 5.75 percent Sales tax?
Last Answer : What is the answer ?
Description : If you had a windfall of $1,000 and you had to spend, not save it, what would you buy?
Last Answer : A star tracker, for astrophotography.
Description : If a stranger gives you $1,000 with the stipulation that you give half to someone else, who do you give it to and why?
Last Answer : I’d either give it to my nephew whose money is tight or a good friend who could use some extra for a vacation.
Description : Would you bid over $1,000 for a Burger King "Proud Whopper" Wrapper?
Last Answer : No. Is the Proud Whopper something that is not available at all Burger Kings?
Description : If someone handed you a check for $1,000,000, what would you do with the money?
Last Answer : answer:If I lived in NYS, which I do, and invested in the Vanguard Long Term Triple Tax-free bond fund, which I would, I would clear today $36,100. That would be nice to share ... a little to continue to improve my property the Gail Calder Nature Conservancy to be enjoyed by future generations.
Description : I was the executor to my brothers will in Florida. The estate was close with the Order of Discharge about one year ago. Since then an insurance company contacted me and has $1,000 due to be paid to the estate.
Last Answer : answer:I can't speak about legality, but you do have a moral obligation. And consider this: If the amount owed to the estate was actually $10 million, would there be a question? A large amount ... another ten minutes to address envelopes and stamp and mail. Take the hour to do the right thing.
Description : If you were super rich and you have $1,000,000 a day to spend, what would you spend it on?
Last Answer : I’d buy things that retain their value like property or maybe a football team or a railroad or two.
Description : If you were given the opportunity to earn $1,000,000 but first had to willfully spend a larger amount on others, would you do it, and if so, how?
Last Answer : answer:I’d definitely do it. It would be easy for me to find charities and organizations to donate $10,000,000 to—AND work for them. Actually, I’d spend $10,000,000 on my favorite organizations, work for them, and not need the $1,000,000 at the end.
Description : What would your reaction be if you won $1,000,000 dollars?
Last Answer : Complete and utter confusion as to how I managed to win without entering.