Answer:
Amount of outstanding checks on Nov 30 =
$1550+$795 = $ 2345
Explanation:
total amount outstanding in october = 31510-29960=
$1550
total amount outstanding in Novemeber = 34410-33615 = $795
So amount of outstanding checks on Nov 30 =
$1550+$795 = $ 2345
Answer:
c. high-volume, low-variety products.
Explanation:
Product focused prodction is one that focuses on improving the product by arranging sets of people into production lines to increase efficiency of production.
Equipment and people are grouped based on products being produced. For example in a manufacturing plant assembly lines are formed that focuses on one product.
This tends to be used for products that have low differentiation and are to be produced on high volume.
Example automobile plants, clothing factories, and food factories.
Answer:
4% (exactly 4.4%)
Explanation:
A taxable bond is a debt security whose return to the investor is subject to taxes at the local, state or federal level, or some combination thereof. An investor trying to decide whether to invest in a taxable bond or tax-exempt bond should consider what s/he will have left in income after taxes are taken.
Step 1:
Find the reciprocal of your tax rate,
(1-22%) = 1-0.22 = 0.78
Step two:
Divide this into the yield on the tax-free bond to find out the tax-equivalent yield.
3.5/0.78 = 4.4 ~ 4%
Answer:
see below
Explanation:
A progressive tax system imposes taxes depending on income earned. The higher the income, the higher the tax rate. It means individuals and entities with a higher income with pay more taxes. A progressive tax system promotes equity by imposing higher taxes on the wealthy and lower taxes on the poor. The US income tax system is an example of a progressive tax.
A regressive tax system does not discriminate on income. It taxes all eligible taxpayers equally regardless of their income level. A regressive tax applies the same tax rate for everyone. Sale tax imposed on goods sold is an example of regressive tax. The regressive tax system takes a higher proposition of income from the low-income earners.
Answer:
FALSE
Explanation:
In the current year, Azul Corporation, a calendar year C corporation, received a dividend of $30,000 from Naranja Corporation. Azul owns 25% of the Naranja Corporation stock.
Assuming it is not subject to the taxable income limitation, Azul's dividends received deduction is $24,000.
<u>According to the tax law, Dividend received deductions for C corporations can be deducted up to 70% but when the receiving company owns more than 20% but less than 80% of the paying company, the deduction amounts to 80% of the dividend received.</u>
Deduction = 0.8 x 30,000 = $24,000
