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Pepsi [2]
3 years ago
14

The net investment income tax (niit) is computed on ___________.

Business
1 answer:
omeli [17]3 years ago
4 0

<span>Net investment is computed on several factors which includes capital gains, rental and/or royalty income, income from businesses, interest. To calculate net investment income, an individual's investment  income will be reduced by a certain amount . This is simply to determine the depreciation of the investment.</span>


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If you have a standard food cost of 38 percent, a product mix of 38 percent, and an actual food cost of 42 percent, what must yo
Oksi-84 [34.3K]

Answer:

Investigate the production costs incurred and the mix and yield of the product

Explanation:

The Variance lies in the <em>Price/Cost</em> and <em>Usage</em>. Therefore to correct the problem, Investigate the <em>production costs incurred</em> and the <em>mix and yield of the product</em>.

8 0
3 years ago
When using the specific identification inventory method, cost of goods sold equals the ______.
aleksandrvk [35]

With the <em>specific identification inventory method</em>, the Cost of Goods Sold equals the <em>exact costs of the items sold.</em>

The <em>specific identification inventory method</em> tracks each sold item to record its cost.  The Cost of Goods Sold includes only the actual cost of the items sold and not an average or assumed cost.

The <em>specific identification inventory method</em>  is not like the:

  • FIFO (First-in, First-out) method that assumes that items sold are from the first inventories in the store
  • LIFO (Last-in, First-out) method that assumes that items sold are from the last inventories in the store
  • Weighted-average method that takes the average cost for all the items in store to determine the cost of goods sold.

Thus, the <em>specific identification method</em> ensures that the Cost of Goods Sold equals the actual cost of the goods.

Read more: brainly.com/question/18522650

4 0
2 years ago
Consider a no-load mutual fund with $390 million in assets and 15 million shares at the start of the year and with $440 million
Lyrx [107]

Answer:

20%

Explanation:

The computation of rate of return on the fund is shown below:-

Net assets value at the beginning = Total assets ÷ Number of shares

= $390 million ÷ 15 million

= $26 million

Net assets value at the end of the year = (Total assets - Expenses) ÷ Number of shares

= ($440 million - ($440 million × 2%)) ÷ 16 million

= ($440 million - $8.8 million) ÷ 16 million

= $26.95 million

Now,

Rate of return = (Net assets value at the end of the year - Net assets value at the end of the year + Income distribution + Capital gain distribution) ÷ Net assets value at the beginning

= ($26.95 million - $26 million + $4 per share + $0.25 per share) ÷ $26 million

= $5.2 million ÷ $26 million

= 20%

8 0
3 years ago
Use the graph to answer the question that follows.
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The demand increased due to a large increase in cat adoptions. The market price and quantity increased.

<h3>What is the correct option?</h3>

A demand curve slopes downward from left to right. When there is a movement to the right, it indicates that there has been an increase in demand. When there is an increase in demand, the price and quantity increases.

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1 year ago
If you’re tired of managing a large number of work utilities to perform specialized tasks outside the office, it might be worth
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Smartphone everything is on technology
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