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2 years ago

Tax rates for propietorships, partnerships, and llcs __________ with the passage of the tax cuts and jobs act of 2017.

1 answer:

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Tax rates for proprietorships, partnerships, and LLCs changed with the passage of the tax cuts and the jobs act of 2017.

Deductions, depreciation, expensing, tax credits, and other business-related tax items have been altered as a result of the Tax Cuts and Jobs Act ("TCJA"). Business owners can use this side-by-side comparison to comprehend the changes and make appropriate plans.

Some TCJA provisions that apply to individual taxpayers may also have an impact on corporate taxes. Reviewing the revisions to the individual tax code will help businesses and self-employed people understand how these provisions may affect their own business position.

For regular updates on tax reform, check IRS.gov/taxreform. Businesses can learn more about the provisions below and access the most recent information at Tax Reform Provisions that Affect Businesses.

To know more about the Tax cuts and job act, visit:

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Rising unemployment levels tend to stifle demand for goods and services, which can have the effect of forcing prices downward is

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Answer:

This is called deflation.

Explanation:

Deflation refers to the situation when there is a decline in the general price level, it causes the economy to slow down. It generally happens because of a reduction in the money supply.

The nominal costs of goods and services, labor, capital, etc. decline. But the relative prices, generally remain the same. '

The decline in price is not good for everyone and adversely affects producers. It is also harmful to borrowers. The decline in the price level increases the purchasing power of money.

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3 years ago

Bottle Top, Inc. recently announced they will pay their first annual dividend next year in the amount of $0.75 a share. The divi

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Answer:

$12.50

Explanation:

Data provided in the question

Annual dividend next year = $0.75

Growth rate = 4%

Required rate of return = 10%

So by considering the above information, the price of the share is

= Next year dividend ÷ (Required rate of return - growth rate)

= $0.75 ÷ (10% - 4%)

= ($0.75) ÷ (6%)

= $12.50

Hence we considered all the information which is given in the question

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3 years ago

Jesse wants my thoughts on how we can use prototyping for tims. she also wants me to prepare a system requirements document and

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When prototyping new products, most people will want a presentation on what the prototype will look like, the functions, the benefits, how it differs from previous products or other companies' products and the pricing. A management presentation is important because it should help break down all the information needed before approval of the new product is approved.

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3 years ago

Suppose Scott has a budget of $56 that he spends on movies (Q1) and roller skating (Q2). The price of movie tickets recently inc

8090 [49]

Answer:

1.6 Q1 + 0.875 Q2 = $56

Explanation:

Budget constraint equation represents the total budget allocation to different activities under consideration.

old Budget Constraint

Q1 + Q2 = $56

New Budget Constraint

(Q1)*8/5 + (Q2)*7/8 = $56

(Q1)*1.6 + (Q2)*7/8 = $56

(Q1)*1.6 + (Q2)*0.875 = $56

1.6 Q1 + 0.875 Q2 = $56

So best answer made based on data available.

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3 years ago

This is section 3.7 problem 60: a clothing manufacturer has the cost function c(x)=1200+30x+0.5x2 , (in dollars), 0≤ x≤ 250 , wh

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Answer:

90 suits per week must be produced and sold to achieve the maximum profit of $2,850.

Explanation:

The profit function is given by the revenue function minus the cost function:

$P(x) = R(x) - C(x)\\P(x)=120x -1200-30x-0.5x^2$

The number of suits, x, for which the derivate of the profit funtion is zero, is the production volume that maximizes profit:

$P'(x)=0=120-30-x\\x=90\ suits$

The profit generated by producing 90 suits is:

$P(90)=120*90 -1200-30*90-0.5*90^2\\P(90) = \$2,850$

Therefore, 90 suits per week must be produced and sold to achieve the maximum profit of $2,850.

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3 years ago