ms. chou, who is in the 37 percent marginal tax bracket, is the sole shareholder of liu corporation. this year, liu earned $200,000 of taxable income and distributed $50,000 to ms. chou. calculate the combined tax cost for liu and ms. chou.
Answers
Add the tax to the subtotal to calculate the total amount. The combined tax cost is 0.082.
calculate the combined tax cost ?Add the prices of items purchased to obtain a subtotal.
Multiply that subtotal by the tax rate to determine the tax.
Add the tax to the subtotal to calculate the total amount.
Example
Purchases total 6.95. The tax rate is 8.2%.
The tax due is ...
0.082 × 6.95 = 0.5699 rounds to 0.57.
The total amount due is ...
6.95 +0.57 = 7.52
Comment on percent
The % (percent symbol) is a fancy shorthand way to write /100. That is, a tax rate of 8.2% means you multiply the pre-tax amount by 8.2/100 = 0.082.
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Related Questions
A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given up in the production of another good.
Answers
Answer:
production possibilities curve (PPC)
Explanation:
The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.
Which of the following is a style trend?
A. An increase in the population of young parents in a neighborhood
B. The popularity of a new type of jeans
C. An increased concern for protecting the environment
D. The popularity of cell phones that can access the Internet
Answers
B
Explanation:
OJT is best for large groups.
True
False
Answers
I think this is right
a company budgets overhead cost of $8,538,500 for the next year. the company uses machine hours as its overhead allocation base. if 430,000 machine hours are planned for the next year, what is the company's plantwide overhead rate?
Answers
The company's plantwide overhead rate, based on budgets overhead cost and machine hours as its overhead allocation base is $19.86 per machine hour.
The company's plantwide overhead rate can be calculated by dividing the total budgeted overhead cost by the total planned machine hours.
Determine the company's plantwide overhead rate as follows:1. Identify the total budgeted overhead cost: $8,538,500
2. Identify the total planned machine hours: 430,000 hours
3. Calculate the plantwide overhead rate:
Budgeted Overhead Cost / Total Machine Hours
Using the given numbers:
Plantwide Overhead Rate = $8,538,500 / 430,000
Plantwide Overhead Rate = $19.8558 (rounded)
So, the company's plantwide overhead rate is approximately $19.86 per machine hour.
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I need help on these two. 15 pts. Brainliest...
Answers
How many barrels of oil does the us export per day?.
Answers
Answer:
18.40 million
Explanation:
Also in 2020, the United States produced 2 about 18.40 million barrels of petroleum per day
Students earn a certificate from a vocational school as opposed to a ____ from a college/university.
A.) degree
B.) scholarship
C.) honor
D.) grant
(please help :D)
Answers
Answer:
A.) degree
Explanation:
The degree certificate is the certification awarded after successful completion of a college/university education program. A university program takes a long time to accomplish as compared to a vocational school program. While vocational colleges award certificates, colleges, and universities award degrees.
An increase in demand means that quantity demanded is higher at each price level. True or false
Answers
Answer:True
Explanation:
During team meetings Amber Downing always notices that Rhoma Law tends to ask innumerable questions and suggest ideas at each discussion. However, Law stands out in the meetings only because she is the only one making suggestions. If both of them were part of team meetings where almost all member made w o rd asked questions, Law would not have drawn as much attention from Downing. Which of the following factors has most likely influenced Downing's perception of Law
A) expectation
B) interest
С) pault experience
D) context Emotive
Answers
Answer: context
Explanation:
The factor that has most likely influenced Downing's perception of Law is context.
Context refers to the situation for the occurence of a event. It's vital to look at the circumstances that were present at the time of the behavior of a person when attempting to understand the person's behavior.
Assuming both of them were part of team meetings where almost all member gave their own suggestions, then Law would not have drawn as much attention from Downing.
The set of business activities that add value to goods and services sold to the end consumer is referred to as ______. Multiple choice question. merchandising
Answers
The set of business activities that add value to goods and services sold to the end consumer is referred to as : Merchandising
What is merchandising?Merchandising refers to what is done to promote and sell products once the potential customer is in the store. It is the promotion of the sale of goods that can employ pricing, special offers, display and other techniques designed to influence consumers.
Merchandising consist of any practice which contributes to the sale of products to a retail consumer.
Merchandising includes but not limited to:
Auto dealershipsClothing storesSupermarketsTherefore, the set of business activities that add value to goods and services sold to the end consumer is referred to as merchandising.
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how to right a conclusion for human resources
Answers
Answer:
The conclusion should state once again the problems and solutions that you have arrived at during your research. Learning how to write a human resources essay requires you to be keen on making a good summary of the interpretations and observations described in the main body of the paper.
Explanation:
Hope this helps
Can I Plss get some help on this
Answers
When a nation is producing at a point below their production possibilities curve, they are experiencing unemployment (second option).
What is the production possibilities curve?The Production possibilities curve shows the various combination of two goods a nation can produce when all its resources are fully utilised.
Points inside the production possibilities curve means that the nations resources are not being fully utilised. It could also indicate unemployment.
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you should try to get the lowest interest rate possible in which situation
(A) you are lending money to a bank
(B) you are borrowing money from another person
(C) you are lending money to another person
(D) you are putting money in a savings account
Answers
Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
You are borrowing money from another person.
Explanation:
Tyson is a 25 percent partner in the KT Partnership. On January 1, KT makes a proportionate distribution of $16,000 cash and land with a $16,000 fair value (inside basis $8,000) to Tyson. KT has no liabilities at the date of the distribution. Tyson's basis in his KT Partnership interest is $20,000. What is Tyson's basis in the distributed land? Multiple Choice $0 $4,000 $8,000 $16,000
Answers
Tyson's basis in the distributed land is $8,000.
This is because the inside basis of the land in the partnership was $8,000 and it was distributed proportionally to Tyson, who has a 25% interest in the partnership. Therefore, Tyson's share of the inside basis of the land is $2,000 ($8,000 x 0.25).
However, the fair value of the land is $16,000, so this amount is used to adjust Tyson's basis in the partnership interest. His basis is increased by the excess of the fair value over the inside basis, which is $8,000 ($16,000 - $8,000). Therefore, Tyson's basis in the distributed land is $8,000 ($2,000 + $8,000).
In summary, Tyson's basis in the distributed land is determined by first calculating his share of the inside basis of the land and then adjusting it by the excess of the fair value over the inside basis. This results in a basis of $8,000 for the distributed land.
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Business-to-business buying over the Internet
Group of answer choices
has dramatically decreased since face-to-face communication between a firm's sales force and its potential customers is so important.
is impossible to estimate since companies will not share procurement information.
is at least twice as large as consumer online buying when measured by the total dollar value of all online transactions.
is nearly equivalent to consumer electronic commerce when measured by the total dollar value of all online transactions.
has never been popular since it presents massive security risks for companies.
Answers
B2B (business-to-business), a type of digital commerce (e-commerce), is the alternate of products, choices or records between businesses,
alternatively than between corporations and customers (B2C). A B2B transaction is carried out between two companies, such as wholesalers and online retailers.
What is B2B e-commerce with example?B2B ecommerce entails transactions between a manufacturer and wholesaler, or a wholesaler and a retailer, via an on-line income portal. B2B ecommerce is one of the fastest-growing income models. Some estimates charge the world B2B ecommerce market at over $12 trillion, taking up 13% of total B2B sales in the US.
To aid you get a higher idea of the extraordinary sorts of agency clients in B2B markets, we have put them into 4 critical categories: producers, resellers, governments, and institutions.
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https://brainly.com/question/17408077#SPJ4Assets fall into four broad categories including liquid assets, investments, real property and ________.
a. IRAs and 401(k) plans
b. loans
c. cash
d. personal property
Answers
Assets are resources that an individual or organization owns that have economic value and can be used to generate income or provide some other benefit. There are four broad categories of assets, which include liquid assets, investments, real property, and personal property. The correct option is d. "personal property."
Liquid assets are assets that can be easily converted into cash, such as savings accounts, checking accounts, and money market funds.
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What is the danger of having a lot of debt?
(brainlyest)
Answers
Answer:
probably not paying it off in time or something
Explanation:
I can't believe it, said Wiley Coyote, I am the president of Acme enterprises and we make $200,000 a year profit with me working my tail off. Our distributor, Road Runner Representatives, made over $800,000 in commissions. I don't understand why they are making all of that money when all they do is run around all day and say beep-beep to customers. I think we should lower the commission rate to bring their income down to a more reasonable level. This is an example of
Answers
Answer:
This is an example of vertical conflict.
Explanation:
A vertical conflict can be described as a conflict that occurs between two different types of members in a distribution channel - for example, a manufacturer, an agent, a wholesaler, or a retailer.
In the question the Acme enterprises which its president, Wiley Coyote, represents is the manufacturer; while their distributor is the agent. In this case, a vertical conflict is said to have occurred between the manufacturer and the agent who are both different types of members of the same distribution channel.
Therfore, this is an example of vertical conflict.
the official designated to oversee course scheduling and the maintenance of transcripts and other official paperwork is called
Answers
The official designated to oversee course scheduling and the maintenance of transcripts and other official paperwork is called as a Registrar.
This position is crucial to the smooth operation of any academic institution, as they are responsible for ensuring that all student records are accurately maintained and up-to-date. Registrars are often responsible for a range of administrative tasks, including course scheduling, grade reporting, and transcript issuance. They are also responsible for ensuring that academic policies and procedures are followed, and may play a role in developing and implementing these policies.
In addition, Registrars may work closely with academic departments and faculty to develop course schedules that meet the needs of both students and the institution. Overall, the Registrar is a key figure in the academic administration of any institution, and their work is essential to maintaining the integrity and accuracy of student records.
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What is the difference between internal market research and external market research?
Answers
Answer:
Internal research is research within the company itself. External research is conducted outside of the business, like looking at competitors.
Explanation:
An external analysis looks at the wider business environment that affects your business. An internal analysis looks at factors within your business such as your strengths and weaknesses.
Adams Manufacturing Company is considering purchasing a machine that could reduce labor costs in one of its facilities in North Carolina. The relevant information for the machine follow: $448,000 Purchase cost of the machine Annual cost savings that will be provided by the machine Life of the machine $ 80,000 10 years Required: 1a. Compute the payback period for the equipment. 1b. If the company requires a payback period of four years or less, would the machine be purchased? 2a. Compute the simple rate of return on the machine. Use straight-line depreciation based on the machine's useful life. 2b. Would the machine be purchased if the company's required rate of return is 13%?
Answers
In this case, the simple rate of return (17.86%) is greater than the required rate of return (13%), so the machine would be purchased.
1a. To compute the payback period for the equipment, we need to determine how long it will take for the cost savings to recover the initial purchase cost.
Payback period = Purchase cost of the machine / Annual cost savings
Payback period = $448,000 / $80,000 = 5.6 years
1b. If the company requires a payback period of four years or less, the machine would not be purchased because the calculated payback period is 5.6 years, which exceeds the company's requirement.
2a. To compute the simple rate of return on the machine, we'll use the formula:
Simple Rate of Return = Average Annual Net Income / Initial Investment
First, we need to calculate the average annual net income. Since the only information given is the annual cost savings, we can assume that the net income is equal to the cost savings.
Average Annual Net Income = Annual cost savings = $80,000
Simple Rate of Return = $80,000 / $448,000 = 0.1786 or 17.86%
2b. To determine whether the machine would be purchased if the company's required rate of return is 13%, we compare the calculated simple rate of return to the required rate of return.
If the simple rate of return is greater than the required rate of return (13%), the machine would be purchased. Otherwise, it would not be purchased.
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when a store hires a new worker, which arena of exchange is involved—the factor market or the product market
Answers
When a store hires a new worker the Factor market is involved, because production factors are traded.
What is Factor market?
Economists refer to all of the resources that firms utilize to buy, rent, or hire the equipment they use to generate goods or services as the "factor market." The factors of production—raw materials, land, labor, and capital—are what are required to meet these needs. The input market is another name for the factor market.
Businesses invest in resources to manufacture goods and services on a factor market. People travel to product markets, also known as goods and services markets, to buy finished goods.
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Hero Manufacturing has 7.9 million shares of common stock outstanding. The current share price is $83 and the book value per share is $4. The company also has two bond issues outstanding. The first bond issue has a face value of $65 million, a coupon rate of 6.7 percent and sells for 107.3 percent of par. The second issue has a face value of $45.8 million, a coupon rate of 7.2 percent and sells for 111.1 percent of par. The first issue matures in 8 years, the second in 28 years.
Suppose the company’s stock has a beta of 1.2. The risk-free rate is 3.2 percent and the market risk premium is 7.1 percent. Assume that the overall cost of debt is the weighted average implied by the two outstanding debt issues. Both bonds make semiannual payments. The tax rate is 21 percent. What is the company’s WACC?
Answers
The company's Weighted Average Cost of Capital (WACC) is the weighted average of its cost of equity and cost of debt, considering the proportions of equity and debt in the capital structure.
To calculate the company's Weighted Average Cost of Capital (WACC), we need to consider the cost of both equity and debt. The cost of equity is determined using the Capital Asset Pricing Model (CAPM), considering the company's beta, risk-free rate, and market risk premium. The cost of debt is calculated as the weighted average of the two outstanding bond issues, taking into account their face values, coupon rates, and market prices. The WACC is then obtained by weighting the cost of equity and cost of debt based on the proportions of equity and debt in the company's capital structure.
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Green Mountain Soda's new cola is not selling well. The Director of
Marketing hopes to use the festival as a means of promoting the company,
and to learn more about why this product isn't selling well before the
company adds another product to its product mix. What should they do with
the information they obtain from the festival?
Answers
Green Mountain Soda, the new cola which is not selling well, can take some steps with the information obtained from the festival. The steps that the company can take with the information obtained from the festival are as follows: Use the information to know the people's views and feedback about the company's products and services.
Evaluate the information to know the changes the company should implement in the products and services of the company. Conduct a market survey to evaluate the people's preferences towards the product offered by the company. Use the feedback and information to modify the marketing plan for the company's products and services and come up with a more appropriate marketing plan for the company's products and services.
A festival is a marketing strategy of people for a particular reason. In this case, the Director of Marketing of the Green Mountain Soda company hopes to use the festival as a means of promoting the company.
The information that the company will obtain from the festival can be used to evaluate the effectiveness of the company's marketing strategy and product design. With the feedback obtained from the festival, the company can adjust its products and services to suit the market's needs, which will increase sales and customer satisfaction.
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marcos co. is considering a project that will increase residual income by $15,000. the project has a 12% return on investment (roi) which exceeds the company's 10% required rate of return. marcos co. currently has an overall 15% roi in the department where this project would be implemented. which of the following statements regarding this potential investment are true?
Answers
The project should be accepted by the company because it increases overall residual income. The department manager may not want to accept the project because it will lower the overall ROI for the department.
Return on investment (ROI) is calculated with the aid of dividing the income earned on funding via the price of that funding. as an instance, funding with an income of $ hundred and a price of $one hundred might have an ROI of 1, or one hundred% while expressed as a percentage. return on investment or go back on fees is a ratio between net earnings and funding. An excessive ROI way the funding's gains evaluate favorably to its fee. As an overall performance measure, ROI is used to assess the performance of an investment or to examine the efficiencies of several specific investments. go back on investment (ROI) A calculation of the economic cost of funding as opposed to its cost. The ROI formula is: (income minus cost) / cost. in case you made $10,000 from a $1,000 attempt, your return on funding (ROI) would be zero. nine, or ninety%.
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Financial accountants:_________
a) provide information to external entities that allows them to evaluate business performance.
b) summarize the company's production activities in a way that allows managers to make decisions.
c) have a primary focus on providing managers within the organization with reports to make good business decisions.
d) work with government lobbyists to push for more favorable accounting regulations.
Answers
Financial accountants—summarize the company's production activities in a way that allows managers to make decisions.
What are financial accounts?Financial accounts are the accounts that show the profit and loss, expenses and savings, assets and liability, debts and outstanding amount.
Financial accounts help the company to take the future decision that is based on the previous occurrence in the organization. Some of the financial accounts are cash flow statement profit and loss, balance sheet and others.
Thus, option B is correct.
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You want to buy a house and will need to borrow $265,000. the interest rate on your loan is 6.01 percent compounded monthly and the loan is for 20 years. what are your monthly mortgage payments?
Answers
$1,900.07 are your monthly mortgage payments. As the interest rate on the loan is 6.01 percent compounded monthly and the loan is for 20 years.
What is interest rate?An interest rate is a fee that a lender assesses to a borrower; it is calculated as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan.
For instance, a person's repayment to the lender will be $105 if person borrow $100 at 5% interest. Lender will profit by $5. The interestd rate is calculated.
Thus, it is $1,900.07.
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to record an estimate for future bad debts at the end of the period, an adjustment would be made with a credit to
Answers
The adjustment will include a credit to Allowance to doubtful debt.
Bad debt are used to describe any outstanding balances owed by individual or firms, which are deemed no longer recoverable and thus, must be written off on account.
Bad debt are also referred to as Contra-assets because it reduces the value of company's asset.
When recording an estimate of bad debt, typically, the Bad Debt Expense will be increased by Debit while the Allowance for Doubtful Accounts will increased by Credit.
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alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off which she found online. she selects and purchases a $35 pair of jeans which cost $35 pre-discount.\
Answers
The consumer surplus when Alice purchases the pair of jeans is $5.
What is the consumer surplus?Consumer surplus is the difference between the amount that a consumer is willing to pay for a good or service and the price of the good.
A consumer would only purchase a good if the price of the good is below the amount they are willing to pay for the good. If the price of the good is above the willingness to pay of the consumer, the consumer would consider the good to be too expensive and would not purchase the good.
Consumer surplus increases when there is a decrease in the price of the good. Consumer surplus decreases when there is an increase in the price of the good.
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Consumer surplus = willingness to pay – price of the good
$30 - ($35 - $10)
$30 - $25 = $5
Here is the complete question:
Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off which she found online. she selects and purchases a $35 pair of jeans which cost $35 pre-discount. Determine if it produces a consumer or producer surplus. Then calculate the amount of the surplus.
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Match the benefits of selling to the scenario that best suits them.
Answers
the second one is to the customers
the third one is to the company