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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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The correct answer is option A.

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Availability float refers to the time difference between when the check is deposited and when the money is transferred to the recipient's account.  

The time difference exists because the bank has to process the physical check before transferring the funds.  

So the availability float can also be defined as the time taken by a bank to process and honor a check and transfer the funds to the recipient's bank.

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Experience

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There are several characteristics of services which includes:

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1. Intangibility: Services can be experienced but can not be seen, felt, heard, smelt or tasted.

2. Inseparability: Services such as haircut are usually inseparable from the receiver(consumer) while some services can be produced and delivered if the presence of the customer is optional such as plumbing, dry cleaning.

3. Perishability: Unlike goods, services cannot be stored for later use.

4. Lack of ownership: Consumers don't have ownership but can only pay to have access to the facility for a period of time. Such as payment to use a gymnastic center.

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The correct answer is option b.

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<h3>What is money laundering?</h3>

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