If we receive a refund from our federal income tax, what does this mean?

Assume Sarah is a cash-method, calendar-year taxpayer, and she is considering making the following cash payments related to her

Marizza181 [45]

The question is incomplete. However, it is about the calculation of after-tax cost of payment

Answer:

After-tax cost = payment*(1-0.37)

Explanation:

The after-tax cost is the net cost after the deduction of the amount of tax from the actual payment. In most cases, the value of the tax deduction is determined by multiplying the marginal tax rate with the payment. Then, the magnitude of the after-tax cost can be estimated by subtracting the payment from the tax deduction.

7 0

3 years ago

Which financial leverage ratio is used with two other ratios to mathematically produce the return on equity ratio?

ipn [44]

Answer: c. Total Assets/ Equity

Explanation:

To measure the Return on Equity with 3 ratios, the <em>DuPont Analysis</em> can be used. This is a technique of deconstructing the Return on Equity ratio into various constituent ratios so that their effect on Return on Equity is better know.

The basic DuPont Analysis is;

Return on Equity = $\frac{Net Income}{Revenue} * \frac{Sales}{Total Assets} * \frac{Total Assets}{Equity}$

Total Assets/ Equity or the Assets to Shareholder Equity ratio is the answer.

5 0

3 years ago

Identify whether each of the following statements best illustrates the concept of consumer surplus, producer surplus, or neither

alina1380 [7]

Answer:

producer surplus

consumer surplus

neither

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

The highest amount i was willing to buy the watch is $71 but the price was $65. this illustrates a consumer surplus

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

The least amount the textbook seller was willing to sell was $48 while the price the textbook was sold was $54. thus, a illustrates a producer surplus.

for statement c, a transaction did not take place, so, it is neither a producer or consumer surplus

5 0

3 years ago

Identify the coefficient and exponent of these very large and very small numbers represented in scientific notation. Identify ho

viktelen [127]

Answer:

The answer is below

Explanation:

Scientific notation is a way in which real numbers both big and small are represented in decimal form. It is represented by dividing the number into two parts in the form of a × $10^b$ , where 1 ≤ |a| ≤ 10 and b is to the power of ten which makes it equal to the original number.

$1)\ 5890000=a*10^b=5.89*10^6\\\\hence,a=5.89,b=6\\\\2)\ 0.0000521=c*10^d=5.21*10^{-5}\\\\hence,c=5.21,d=-5$

3 0

3 years ago

The Easy Pack Company includes one coupon having no expiration date with its deluxe snack pack. Upon return of 10 coupons, Easy

Alinara [238K]

Answer:

premium liability (coupon oustanding) $ 1,500

Explanation:

We will recognize a liablity based on expected coupon redemption of 10%:

Sold 1,000,000 deluxe snack = 1,000,000 coupon

from this we expect 10% will be redeem: 1,000,000 x 10% = 100,000

Then, calculate the cost that this coupon will generate:

Thre will be 100,000 redeem coupons which, every 10 is traded for a 1.50 silver chip clip:

100,000 / 10 x $ 1.50 = $ 15,000

For the sales of we have a premium liablity of 15,000

premium expense 15,000

premium liaiblity 15,000

<u>We also purchase this silver chip clip:</u>

Premium Inventory 15,000

Cash 15,000

During the year, we adjust for the chips clips distributed:

9,000 x $ 1.50 = 13,500

This decreases both, the liablity and the premium inventory.

Premium Liability 13,500 debit

Premium Inventory 13,500 credit

Adjusted year-end balance:

15,000 - 13,500 = 1,500

3 0

3 years ago