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Lilit [14]
3 years ago
9

Abc company earned $851,597 in taxable income for the year. how much tax does the company owe on this income?

Business
1 answer:
MariettaO [177]3 years ago
3 0
Since there is no further information, i believe the answer would be : D. 289,542.98

The taxed rate for taxable income is usually depended on the type of the company (it could be around 30 - 35 %), but it should be around option D

hope this helps


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According to the washington post article the downsides of cheap corn, farmers' 2014 crop revenues were down from prior years, de
Law Incorporation [45]

Answer:The increase in the supply of crops had decreased price by a greater percentage than the percentage increase in the quantity of sales.

Explanation:

An increase in supply leads to a fall in price due to large volume of goods supply compare to non increasing demand and when the rate of fall is greater than sales this will not lead to a rise in revenue despite the increase in effective supply to the market.

8 0
4 years ago
What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from
ahrayia [7]

Answer:

A) 19.91%

Explanation:

Net present value of cash flow at 19.91% can be calculated as follows

- 100000 + 30000/1.1991 + 30000/ (1.1991)² + 30000/(1.1991)³ + 30000/ (1.1991)⁴ +30000/(1.1991)⁵ + 30000/ (1.1991)⁶

= -100000 + 25018 +20864 +17400 +14511 +12101 +10092

= 0 ( approx )

So  the IRR for the  project is 19.91 % .

8 0
4 years ago
Gail K. Company manufactures waterproof cell phone covers. During the current month, the purchasing manager purchased $26,700 of
Marianna [84]

Answer:

D : $88,800

Explanation:

<u>Cost of goods manufactured :</u>

Direct Material used in production                         $ 21,300

Indirect Material used in production                       $  3,700

Direct Labour                                                           $ 34,100

Direct Labour                                                           $  5,900

Manufacturing overhead                                       <u> $ 16,600 </u>

Total Manufacturing cost                                        $ 75100

Add:Beginning Work in process inventory            $7,200

Less: Ending Work in process inventory                <u>$ 0       </u>

Cost of Goods Manufactured                                 <u>$88,800</u>

6 0
3 years ago
What element of a crisis management plan defines the process that should unfold once an issue or crisis is identified
MrRa [10]

The decision tree is the element of a crisis management plan.

<h3>What is the decision tree?</h3>

The component of a crisis management strategy called the Decision Tree outlines the steps that should be taken once a problem or crisis has been discovered.

The Decision Tree also specifies which team members should be involved, when publishing activities should be paused, and who will determine when a crisis is finished and regular social media operations can resume.

These trees are very useful for assessing numerical data and coming to a numerically-based judgment.

Learn more about the decision tree here:

brainly.com/question/12975851

#SPJ4

6 0
2 years ago
A proximity sensor attached to the tip of an endoscope could reduce risks during eye surgery by alerting surgeons to the locatio
lilavasa [31]

Answer:

He could afford to spend $133,411 for the device now.

Explanation:

The maximum the surgeon could afford for the device is equal to the sum of present value of the lawsuit costs that he can avoid in year 2 and year 5 which is:

+ Year 2: 600,000 * %out-of-pocket cost for the law suit = 600,000 * 10% = $60,000;

+ Year 5: 1,350,000 * %out-of-pocket cost for the law suit = 1,350,000 * 10% = $135,000.

=> The amount he can afford for the device = 60,000 / 1.1^2 + 135,000 / 1.1^5 = $133,411.

So, the answer is $133,411.

7 0
4 years ago
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