Answer:
C. NGOs
Explanation:
NGO is the acronym for Non-governmental organization and it is mainly a non-criminal, non-profit, voluntarily inclined groups which is independent of governmental influence and policies.
They are organized on community or local, national and international levels to attend to social issues or political purposes.
Hence, the independent national committees in 36 countries that rely on private funding are NGOs.
Answer:
d. Debt holders get $0 mil. under the unlevered plan vs. 0.6075 mil. under the levered plan
Explanation:
interests paid to debt holders = $13,500,000 x 10% = $1,350,000
generally, interest revenue is taxed as ordinary revenue = corporate income tax rate (if debt holder is a business) or personal income tax (if debt holder is an individual).
under the first plan, debt holders get nothing because there is no outstanding debt since the company is an all equity firm.
under the second plan, if the personal tax rate on interest income is 55%, which is really high, the debt holders will earn $1,350,000 x (1 - 55%) = $607,500
Answer:
a) $17.70
Explanation:
The computation of the predetermined overhead rate is shown below:
But before that we need to do the following calculations
Applied manufacturing overheads is
= $13,850 + $294,130
= $307,980
And,
Applied manufacturing overheads is
= predetermined overhead rate × Actual direct labor hours
Hence predetermined overhead rate is
= $307,980 ÷ 174,00 hours
= $17.70
Therefore, the correct option is d. $17.70
<span>Items listed in a job description detailing work to be performed are </span>Tasks.
Answer: $28,000
Explanation:
Jonathan can deduct both the real estate taxes and the state income taxes but the Tax Cuts and Jobs Act cut the deduction one can claim on State and Local taxes to $10,000 from 2018 to 2025.
The total deduction Jonathan can claim is therefore:
= Real estate taxes + Capped state income tax
= 18,000 + 10,000
= $28,000
