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Oliga [24]
3 years ago
9

You are a shareholder in an S corporation. The corporation earns $2.31 per share before taxes. As a pass-through entity, you wil

l receive $2.31 for each share that you own. Your marginal tax rate is 35%. How much per share is left for you after all taxes are paid
Business
1 answer:
geniusboy [140]3 years ago
6 0

Answer:

$1.50

Explanation:

Calculation for How much per share is left for you after all taxes are paid

Using this formula

Amount per share left= Amount per share-(Amount per share× marginal tax rate

Let plug in the formula

Amount per share left=$2.31-($2.31×35%)

Amount per share left=$2.31-0.8085

Amount per share left=$1.50

Therefore How much per share is left for you after all taxes are paid will be $1.50

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XYZ Corp. has issued $30 million of debentures. Each bond issued has a warrant attached enabling the holder to buy three shares
Anna71 [15]

Answer: D) $2.7 million

Explanation:

Debentures are sold per $1,000 which means that out of $30 million there are;

= 30,000,000/ 1,000

=30,000 bonds.

Each bond is entitled to 3 shares;

= 30,000 * 3

= 90,000 shares.

Price of $30

= 90,000 * 30

= $2,700,000

5 0
3 years ago
Soles is a footwear company which has recently set up its store in Ambrosia. To manufacture its products, Soles incurs a range o
alisha [4.7K]

Answer:

Option C Electricity used to run its factories

Explanation:

The reason is that the direct costs are those that are easily attributable to the unit product and the costs that are not directly attributable to the unit product are indirect cost.

So here the salary paid to workers are directly attributable cost because the time taken to produce one unit in modern industry is fixed and determinable so the wage per unit is also fixed. It means it is a direct cost.

The leather used for a unit product of shoe is also determinable and fixed the product and its costs as well. This means we can easily allocate the cost to the unit shoe so it is also direct cost.

Likewise the cost of machines per unit in modern day industries is also determinable. If the machine life is 100,000 units and its price is $200,000 then the cost attributable to unit product of shoe is $2 per unit.

The electricity cost is not attributable to unit product of shoe as this electricity is used for other operations in the factory and this throws cat among the piegons because it is difficult to find how much a product utilizes electricity because their are number of different product produced in the factory and each utilizes electricity differently. So it is not directly attributable and is an indirect cost.

8 0
4 years ago
Home Works Referral Network is a premier home service referral network of dependable, highly skilled home improvement profession
Hatshy [7]

Answer:

The correct answer is D. code of ethics.

Explanation:

A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.

4 0
3 years ago
You have $5,000 invested in a bank that pays 3.8% annually. How long will it take for your funds to triple?
TiliK225 [7]
Using compound interest
5000 x 1.035^32 gives me 15033 which is triple the original value, therefore it’s 32 years
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3 years ago
Jasper was the sales manager for three of his organization's retail outlets. What type of manager was he
hoa [83]

It is correct to say that as a sales manager for three points of sales in his organization, Jasper was a staff manager.

<h3 /><h3>What is staff management?</h3>

It corresponds to the process of leading work teams in different departments, being responsible for guiding and directing employees, in order to establish their responsibilities in an optimized and effective way.

Therefore, staff managers are responsible for leading departments generating consultancy and support for work development.

Find out more about management here:

brainly.com/question/26245661

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