subject
Business, 01.11.2019 05:31 ari9425

Bradley works for prestige motors, an automobile dealership. all employees can buy a car at the company's cost plus 4%. the company does not charge employees the $500 dealer preparation fee that nonemployees must pay. bradley purchased an automobile for $33,280 ($32,000 + $1,280). the company's cost was $32,000. the price for a nonemployee would have been $35,110 ($34,610 + $500 preparation fee).what is bradley's gross income, if any, from the purchase of the automobile?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:40
Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000
Answers: 1
question
Business, 23.06.2019 02:30
The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?
Answers: 3
question
Business, 23.06.2019 08:30
Portionpac has been a good corporate citizen for fifty years. which of the following is not an argument in favor of social responsibility and corporate citizenship?
Answers: 3
question
Business, 23.06.2019 15:20
Moon flower cosmetics company executives are aware that their asian customer base is interested in advanced skin care treatments beyond moon flower's traditional herbal and organic compounds. moon flower and a large american chemical company are in discussions to create a 50-50 partnership in a new firm, which would create skin care treatments based on innovative chemical formulations that would be marketed both in asia and in the united states. beyond being a cross-border alliance, this partnership can be called a(n)a. nonequity strategic alliance.b. joint venture.c. horizontal complementary alliance.d. equity strategic alliance.
Answers: 1
You know the right answer?
Bradley works for prestige motors, an automobile dealership. all employees can buy a car at the comp...
Questions
question
Computers and Technology, 06.06.2021 14:00
question
Computers and Technology, 06.06.2021 14:00
question
Chemistry, 06.06.2021 14:00
question
Mathematics, 06.06.2021 14:00
question
English, 06.06.2021 14:00
Questions on the website: 13722363