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abruzzese [7]
3 years ago
6

Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is Bryan's after-tax cash flow from the corporat

ion if net income after corporate tax is distributed to him as a dividend and his marginal tax rate on ordinary income is 37%?
Business
1 answer:
Korolek [52]3 years ago
5 0

Answer:

\$ 117,937.50

Explanation:

Corporate level tax on $200,000 is $61,250

Cash(After Corporate tax)= \$ 200,000 -\$ 61,250=\$138,750

Individual tax on $138,750(15%)=0.15\times138750=\$ 20812.5

Hence, net after tax cashflow :

\$ 138,750-\$20,812.5\\=\$117,937.50

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Oriole Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales ret
Vlad1618 [11]

Answer: See explanation

Explanation:

The journal entry to record the actual return of $160 of merchandise includes:

Debit Sales return and allowance $160

Credit Account receivable $160

Debit Returned Inventory $80

Credit Cost of goods sold $80

Note:

Returned inventory was calculated as:

= $160 × (1550/3100)

= $160 × 0.5

= $80

7 0
3 years ago
Receiving the medal of honor and making the dean's list are both examples of ________. value contradictions folkways positive sa
lakkis [162]

Answer;

-Positive sanctions

Receiving the medal of honor and making the dean's list are both examples of positive sanctions.

Explanation;

-A sanction can be an approval or a penalty for disobedience given by an individual, group or society. It can be found in various social settings and can be positive or negative, depending on the situation.

-A positive sanction occurs when one is given approval or reward for actions and/or obedience by members of one's own social group. These sanctions encourage others to conform to social norms.Essentially, it's a form of social control and regulation, and the reward for doing so is acceptance.

5 0
3 years ago
ABC Co. performs $200 of services for a customer, but does not get paid right away. Demonstrate how ABC Co. would record this tr
Burka [1]

Answer:

Account receivable and revenue account

Explanation:

Since it is given that

The service was performed on the account so the journal entry to record this transaction is shown below:

Account receivable A/c Dr $200

             To Service revenue A/c $200

(Being the service is performed recorded)

Both accounts are increases that means the account receivable and the service revenue is increased for $200 each

5 0
3 years ago
How is the market supply curve derived from the supply curves of individual producers?.
NNADVOKAT [17]

The way that the market supply curve is derived from the supply curves of individual producers is by horizontally adding the individual supply curves.

<h3>How is the market supply curve estimated?</h3>

The market supply curve is estimated by adding up all the individual supply curves in the market. This therefore shows the total amount os supply for a good or service in the market.

The way that this addition is done is by horizontally adding the supply curves. What this means is that the quantities that are being offered by each individual suppliers at the various prices in the market, are added up to come up with the market supply curve.

Options for this question are:

  • a. finding the average price at which sellers are willing and able to sell a particular quantity of the good.
  • b. vertically summing individual supply curves.
  • c. finding the average quantity supplied by sellers at each possible price.
  • d. horizontally summing individual supply curves.

Find out more on the market supply curve at brainly.com/question/26430220

#SPJ1

8 0
1 year ago
Which of these pavement markings separates two lanes traveling in the same direction?
kiruha [24]

The pavement markings that separate two lanes traveling in the same direction is A broken white line

<h3>What is a Pavement Marking?</h3>

This refers to the mark or sign that is on the road to show a particular function for motorists and pedestrians.

Hence, we can see that in the case of two lanes that travel in the same direction, the pavement marking that is used to clearly show this is called a broken white line.

Read more about pavement markings here:

brainly.com/question/10568646

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7 0
2 years ago
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