Roland is filing his federal income tax return with the 1040ez form, and he received two w-2 forms. on one, $2620 in federal inc
2 answers:
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Answer:
Given:
On January 2, 2016:
Issued 15,000 shares of $10 par value
Common stock for $15 per share
On March 1, 2016: Alpha reacquired 1,000 of these shares when they were trading $20 each.
On September 1, 2016: Alpha reissued 500 shares of treasury stock at the going market rate of $25 per share.
Salary relationships usually have behaviors that can be expressed through mathematical equations, for this case we must locate the information they give us, according to which the salary of the movie star is equal to a fixed basic remuneration
plus a percentage
of the gross income
, that is:
With this equation and the data they give us, we can solve the request so :
We clear the basic remuneration from the second equation and replace in the first:
Thus, with the fixed basic remuneration and the percentage of gross income calculated, we can estimate how much the following film should obtain so that the movie star obtains at least millions salary:
Answer
The <em>minimum amount</em> of gross income that the next film should generate is <em>millions</em>