For years, many U.S. corporations made cameras. Today; however, most cameras sold in the United States are imported from Japan a

Answer:

Option (B) is the right choice.

Explanation:

Profit before taxes:

= Sales - Operating costs - Depreciation

= $40,000 - $10,000 - (50,000 × 33%)

= $40,000 - $10,000 - $16,500

= $13,500

Profit after taxes:

= Profit before tax - Tax at 40%

= $13,500 - $5,400

= $8,100

Thus,

Year 1 operating cash flow for the 911 Wings project:

= Profit after tax + Depreciation

= $8,100 + $16,500

= $24,600

Answer:

Upon completion of a Marketing Course, I should possess the following promotional abilities:

1. Innovation Skills: A marketing professional is expected to think outside the box, stimulate creativity within the business, and devise unique methods to capture market attention and convert that interest into support.
2. Market Development Skills: One should also develop the ability to recognize and express hidden customer needs (even before the customers themselves realize them), as well as identify socioeconomic trends and technological advances that present opportunities for the business and its clientele.
3. Pricing Technology: Pricing combines elements of art and science. It encompasses aspects of accounting, economics, and psychology. Marketing primarily addresses the economics and psychological components. With this knowledge, one can understand buyers' mindsets and influence their purchasing decisions.

Cheers!

Response:

Greg's profit from the apartment sale = $590,000

Details:

Cost of purchase = $100,000

Renovations = $300,000

Overall Initial Cost = Cost of Purchase + Renovations

Overall Initial Cost = $100,000 + $300,000

Overall Initial Cost = $400,000

Depreciation over 20 Years = Yearly Depreciation * 20

= $2,500 * 20

= $50,000

Net Value after 20 Years = Initial Cost - Depreciation over 20 Years

= $400,000 - $50,000

= $350,000

Capital Gain = Net Sale Price - Net Value

When Net Sale Price = Selling Price - Commission

= $1,000,000 - $60,000

= $940,000

Thus, Capital Gain = Net Sale Price - Net Value

Capital Gain = $940,000 - $350,000

Capital Gain = $590,000

Economic Surplus: $12 Explanation: The economic surplus is calculated as the difference between benefit and cost. In this situation, as a math tutor, he earns $45 without incurring other costs. However, opting for a movie incurs a $12 cost. Therefore, the economic surplus is $12, the amount saved by choosing to be a math tutor over attending the movie.

Answer: $3,927 Explanation: To calculate the bid price, we follow certain steps: Manufacturing overhead rate = Overhead cost ÷ Machine hours = 45,000 ÷ 100,000 = $0.45. Total manufacturing cost allocated to the school: 2,000 + 400 + (900 × 0.45) = $2,805. The markup cost = $2,805 × 0.4 = $1,122. Therefore, the job's bid price = Total manufacturing cost + Markup cost = $2,805 + $1,122 = $3,927.