Answer: The answer is provided below
Explanation:
The majority owner of the Hastings Printing, Corporation is interested in seeing whether the alternative minimum tax would help save the corporation money. The regular income tax excluded some kinds of income, provide deductions and also credits for certain expenses.
Alternative minimum tax is for the individuals and corporations which benefit from certain deductions, exclusions or credits and pay at least a certain minimal amount of tax. On the premise of the information gathered, I will to talk with my client in order to make sure that they know what AMT refers to. This is a tax which could make them pay more on taxes.
Alternative Minimum Tax will go through to make sure the firm paid enough taxes although they might have received a tax benefit. Their file will be reviewed by me to determine if there are other ways to lower their taxes.
Depending on the size of the firm, they are required to pay 20% and this could mean the company will lose the tax credits or the deductions they earned before and may have to pay more taxes.
Answer:
$1,021.02
Explanation:
Calculation for Hank's net pay for the week
Straight Time Pay $960
(40 × $24)
Overtime pay 360
(10 × $24× 1.5)
Less Federal Income tax (198)
[(960+360)×15%]
=1,122
OASDI and Medicare 100.98
(7.65% × $1,320)
Net Pay $1,021.02
(1.122-100.98)
Therefore Hank's net pay for the week will be $1,021.02
That is an example of a conflict based on Prejudice
The opinions that Frank believed about women is not supported by actual reason, data and experience which make Frank having a very biased and subjective opinion towards his female coworkers
Answer:
2. $38,3703
Explanation:
The amortization of Other Comprehensive Loss for 2019
= (Accumulated other comprehensive loss- 10%Projected Benefits Obligation)/10 years
= (503700 - 10%*1200000)/10
= $38370
Therefore, The amortization of Other Comprehensive Loss for 2019 is $38370.
The objective of test marketing is <span>to determine the reactions of potential customers in a market situation.
Businesses will often do test marketing before launching a product to see how potential customers will react if it were real. If they do a test with a test market and the product is a flop, it could show that in a real situation the products wouldn't sell.
</span>