1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
adell [148]
2 years ago
6

In a firm's income statement, interest payments on debt are deducted Blank______ corporate taxes are calculated, which Blank____

__ the firm's tax liability.
Business
1 answer:
seropon [69]2 years ago
6 0

<em>In a firm's income statement, interest payments on debt are deducted </em><em>before </em><em>corporate taxes are calculated, which</em><em> reduces</em><em> the firm's tax liability.</em>

<h3>Income statement: What is it?</h3>

An overview of the company's operations for a specific time period is provided in the income statement. The revenue (gross and net sales), cost of products sold, operational expenditures (selling and general and administrative expenses), taxes, and net profit or loss are the statement's primary components.

<h3>What is displayed on a firm's income statement?</h3>

The statement logically and coherently presents the company's revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and net profit.

learn more about firm's income statement here <u>brainly.com/question/14733237</u>

<u>#SPJ4</u>

You might be interested in
Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?
Len [333]

Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

<h3>How supply can be increased in the short run?</h3>

In the marketplace model, supply slopes up due to the profit purpose of individual firms. If a corporation receives a better price, they'll make a higher profit via way of means of selling more, so the quantity supplied will increase while the price will increase.

Therefore, Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

Learn more about short-run supply here:

brainly.com/question/24260367

#SPJ1

5 0
1 year ago
Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage is $8.25
Goshia [24]

Answer:

tax (5.0%) $___

State income tax (5.6%)

Minus total withholding -$___

Biweekly net pay

Explanation:

and had begun a five year apprenticeship as a machinist. His starting wage ... brainly.com/question/25586250

8 0
2 years ago
According to the diversification-for-stability argument, why should some nations impose protective tariffs and import quotas
Artyom0805 [142]

Their economies are highly specialized and depend on international trade for their income.

<h3>What is  income?</h3>

Income is the consumption and saving opportunity gained by an entity over a given time period, which is usually expressed in monetary terms. Income is difficult to define conceptually, and definitions vary across fields.

Income is defined as the amount of money received by a person, group, or company over a specific time period. A salary of $70,000 per year is an example of income.

Income is money received by an individual or business in exchange for labor, the production of a good or service, or the investment of capital. Individuals typically earn money through wages or salaries, whereas businesses make money by selling goods or services for more than their cost of production.

To know more about  income follow the link:

brainly.com/question/25895372

#SPJ4

5 0
1 year ago
In a unionized firm, the _____ clause of the collective bargaining agreement typically retains for management the authority to i
solmaris [256]
The answer is:  "management rights" .
_________________________________________________________
          "In a unionized firm, the <u>  management rights  </u> clause of <span>the collective bargaining agreement typically retains for management the authority to impose reasonable rules for workplace conduct and to discipline employees for just cause."
_________________________________________________________</span>
5 0
3 years ago
How do large corporations benefit from the presence of small businesses?
m_a_m_a [10]

I would choose D.  By outsourcing certain processes to small businesses

6 0
3 years ago
Read 2 more answers
Other questions:
  • Chelsea purchased her monthly grocery requirements instead of soccer game tickets for the championship match she wanted to see.
    6·2 answers
  • What phase of the business cycle would be marked by an increase in productivity while employment and profits also rise
    8·1 answer
  • The invention and rapid diffusion of more productive agricultural techniques is called ________, that involves introduction of _
    15·1 answer
  • Mike Samson is a college football coach making a base salary of $650,400 a year ($54,200 per month). Employers are required to w
    8·1 answer
  • In 2014, Orear Manufacturing signed a contract with a supplier to purchase raw materials in 2015 for $700,000. Before the Decemb
    8·1 answer
  • County governments in Texas:a.are single-purpose governments.b.all operate under the general laws of the state of Texas for the
    14·1 answer
  • Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.
    7·1 answer
  • Mill Co. uses a batch processing method to process its sales transactions. Data on Mill's sales transaction tape are electronica
    12·1 answer
  • Law of demand is defined as the relationship between price and quantity from a buyer's perspective.
    5·1 answer
  • cash inflows and outflows involving stockholders and creditors are classified on the statement of cash flows as activities.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!