Data regarding Year 1 operations for a manufacturer that had no beginning or ending inventories are as follows: Sales (150,000 units) US $9,000,000 Variable costs US $4,050,000 Fixed costs US $1,520,640 Income tax rate 40% Question: 4 The manufacturer has US $450,000 of variable selling expenses and US $920,640 of fixed administrative expenses. What is the gross margin for Year 1 if all remaining costs are attributable to manufacturing?

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery

True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.

Security prices are set by active market participants. which of the following is not a consequnce of this fact? a. the market price will be set by the buyer who can take best advantage of the asset. b. the price is set by the buyer willing to pay the highest price. c. superior information about an asset can increase its value by reducing its risk. d. market participants have a strong incentive to reveal private information about a security.