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3 years ago

How much of the federal government's income comes from individual income tax? (1 point)

1 answer:

5 0

The right answer for the question that is being asked and shown above is that: "47 percent." the federal government's income comes from individual income tax is that of 47 percent. This is the correct answer as far as the federal government's income is concerned.

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Beckett, Inc., has no debt outstanding and a total market value of $200,000. Earnings before interest and taxes, EBIT, are proje

FrozenT [24]

Answer:

Beckett, Inc.

Earnings Per Share:

a-1. Earnings Per Share:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Earnings per share:

Recession = $24,000/8,000 $3.00

Normal = $30,000/8,000 $3.75

Expansion = $35,400/8,000 $4.43

a-2. Percentage changes in EPS:

Recession = -$0.75/$3.75 x 100 = -20%

Expansion = $0.68/$3.75 x 100 = 18.13%

b-1. EPS after recapitalization:

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Interest at 8% $8,000 $8,000 $8,000

Earnings after interest $22,000 $27,400 $16,000

Earnings per share:

Recession = $16,000/8,000 $2.00

Normal = $22,000/8,000 $2.75

Expansion = $27,400/8,000 $3.43

b-2. Percentage changes in EPS:

Recession: -$0.75/$2.75 x 100 = -27.27%

Expansion: $0.68/$2.75 x 100 = 24.73%

Explanation:

1. Data:

Market Value = $200,000

Economic Conditions Normal Expansion Recession

Earnings before interest and taxes = $30,000 $35,400 $24,000

Issue of debt for $75,000 with 8% interest

Proceeds to repurchase shares of stock.

Outstanding shares = 8,000

Ignore taxes

5 0

3 years ago

Stones Corporation uses a predetermined overhead rate based on machine-hours to apply overhead to the manufacturing process. Las

likoan [24]

Answer: $5 per machine hour

Explanation:

Given the following :

Estimated manufacturing overhead cost = $550,000

Expected machine-hour to be incurred = 110,000

Actual manufacturing overhead = $575,000

Actual machine hour incurred = 120,000

The manufacturing overhead application rate:

Expected manufacturing overhead cost / Expected machine hour to be incurred

= $550,000 / 110,000 machine hour

= $5 per machine hour

8 0

3 years ago

If there is little demand for a product, the price for that product will

Arte-miy333 [17]

C because when you want something less they make it cheaper hoping you’ll want it more. McDonald’s coffee is cheaper then Starbucks making it a bargain and poor people want it

5 0

3 years ago

Read 2 more answers

One person’s spending becomes another person’s income. This statement is

Paha777 [63]

Answer:

d. the Circular Flow Model

Explanation:

Based on the information provided within the question it can be said that this statement is an example of the Circular Flow Model. This model (like mentioned in the question) illustrates the flow of cash from different people or company's in different industries. Where one person/company pays another, which takes it in as income and uses that to pay another company for what they need and so on.

8 0

3 years ago

Cleo is afraid of being viewed as weak, so she uses only her head when managing her team of employees. Which leadership task is

Dmitry_Shevchenko [17]

Answer:

The correct answer is letter "D": Developing employees' skills .

Explanation:

Some of the different managers' tasks include setting and communicating the vision, inspiring, encouraging, and supporting the team, and motivating employees' towards their development. All of those challenges imply interacting directly with subordinates. It is impossible to achieve the firms' goals while helping employees to achieve theirs without communication.

Thus, Cleo is failing at believing by nodding her head she will be seen as a stronger manager. Stronger managers are those whose actions maximize the entity's profits, by maximizing workers' efficiency which implies developing their skills.

4 0

3 years ago