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3 years ago

Increasing W-4 allowances will __ the net pay in your paycheck and your total tax burden.

1 answer:

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Increasing W-4 allowances will increase the net pay in your paycheck and reduce your total tax burden. Remember that more W-4 allowances means less tax withheld with your paycheck whereas less W-4 allowances means that more tax withheld with your paycheck.

ANSWERS: increase, reduce

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Lister Corporation has provided the following contribution format income statement. Assume that the following information is wit

g100num [7]

Answer:

(A) $420.00

Explanation:

We know that,

The net income = Sales - variable cost - fixed expense

Since, the sales units are increased by 40 units, so new sales units is 3,040 units

So, the sale per unit equals to

= Total sales ÷ number of units

= $90,000 ÷ 3,000 units

= $30

So, the new sales

= Sales units × selling price per unit

= $3,040 × $30 = $91,200

The variable cost = Sales units × variable cost per unit

where,

Variable cost per unit = Total variable cost ÷ number of units

= $58,500 ÷ 3,000 units

= $19.5

So, the new variable cost equals to

= 3,040 units × $19.5

= $59,280

And the fixed expense would remain the same

So, the net income would be equal to

= $91,200 - $59,280 - $21,-00

= $10,920

The net income given is $10,500

So, the difference equals to

= $10,920 - $10,500

= $420

7 0

3 years ago

How to archive older page on wayback archivemachine?

77julia77 [94]

I believe you have to search a URL of a website on the wayback machine search bar.

Then, you can browse the past-present years of how that website used to look like.

Hope this helps.

7 0

3 years ago

Hannah has liabilities totaling $29,750 (excluding her mortgage of $99,167). Her net worth is $42,500. What is her debt-to-equit

Gnom [1K]

Answer:

Debt-to-equity ratio = 0.70

Explanation:

given data

liabilities totaling = $29,750

mortgage = $99,167

net worth = $42,500

solution

we get here debt-to-equity ratio that is express as

debt-to-equity ratio = Total Debt ÷ Total Equity ....................1

put here value and we will get

Debt-to-equity ratio = $\frac{29750}{42500}$

Debt-to-equity ratio = $\frac{7}{10}$

Debt-to-equity ratio = 0.70

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3 years ago

Imagine you are in the process of buying a new car. Give at least two examples of both qualitative and quantitative data that yo

Step2247 [10]

Answer with Explanation:

Qualitative attributes would be the Quality of steel used, interior and exterior design of the car, additional features that it offers, etc.

These attributes are qualitative characteristics of cars because they give us feeling of superiority over other similar items. Hence the strength of steel used clearly reflects the strength of car, interior design gives comfort, exterior design increases sense of superiority, additional features that the car offers will give upperhand over other cars.

All these features of car are qualitative because these can not be measured in numbers. On the other hand, Quantitative attributes includes price of spare parts, car and mileage per litre.

Quantitative attributes are reflected in numbers and thus are more desicive in nature.

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3 years ago

Charlie's Chocolates' had stock issuances of $52,000 and dividends of $21,000. The company has revenues of $85,000 and expenses

cricket20 [7]

Answer: $20,000

Explanation:

Given that,

Charlie's Chocolates' had

Stock issuance = $52,000

Dividends = $21,000

Revenues = $85,000

Expenses = $65,000

Net income is calculated by subtracting expenses from revenues.

Net income = Revenues - Expenses

= $85,000 - $65,000

= $20,000

Charlie's Chocolates' net income is $20,000.

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3 years ago

Increasing W-4 allowances will ________ the net pay in your paycheck and ______ your total tax burden.

Increasing W-4 allowances will __ the net pay in your paycheck and your total tax burden.