Answer:
$9,840
Explanation:
In this question, we have to take the difference between the payment for S corporation and the C corporation
If Military Gear Inc is a C corporation, then the payment would be
= Ordinary income × marginal tax rate
= $84,000 × 24%
= $20,160
And, if Military Gear Inc is a S corporation, then the payment would be
= (Ordinary income - net effect) × marginal tax rate
= ($84,000 - $41,000) × 24%
= $43,000 × 24%
= $10,320
The net effect would be
= $159,000 - $118,000
= $41,000
The net payment would be
= $20,160 - $10,320
= $9,840
Answer:
1. gain a higher market share.
2. inversely proportional to each other.
Explanation:
1. By producing a product at a lower price than the competitors a company will be at an advantage and will be providing same product at a lower price. The customer will definitely go with a low price item if two items are same in value.
2. As value creation requires cost so if the cost is reduced then some of the features will have to be foregone to achieve low cost.
Answer:
Implementation of the law Group of answer choices requires judgment because laws are often very vague.
Explanation:
Originally, The Executive arm of government is supposed to implement the law while the congress which is also called the legislative arm enacts them.
However, It is necessary for the judiciary to interpret the laws since the executive arm tends to abuse their privileges thereby failing to implement the law.
The law is vague and is often subject to interpretation. The judges constitute a neutral body that balances power in government by passing judgement on erring officials and the entire citizenry thereby making implementation of the law possible.
Answer: The equilibrium price is most likely to "DECREASE BY $1". Option c is the most correct option.
Explanation: A unit tax of $1 is the tax on the sales of the unit. In a supply demand curve, an increase in the sales tax will cause the curve to shift inwardly, thereby showing a decrease in the equilibrium price of the curve.
Equilibrium price is the point where the amount suppllied is equal to the consumers demand at a stable price.
For $1 unit tax to be levied on the goods, it will increase the price of the goods by $1, which will reduce supply by $1, therefore the equilibrium price will decrease by $1 to adjust itself on the new changes.
Answer:
$19,525,000
Explanation:
Calculation to determine the free cash flow
Using this formula
Free cash flow=Net cash provided by operating activities-cash spent for plant assets-Dividends
Let plug in the formula
Free cash flow=$155,985,000-$132,295,000-$4,165,000
Free cash flow=$19,525,000
Therefore The Free cash flow is $19,525,000
