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Bad White [126]
3 years ago
10

Emery mining inc. recently reported $170,000 of sales, $75,500 of operating costs other than depreciation, and $10,200 of deprec

iation. the company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 35%. how much was the firm's net income? the firm uses the same depreciation expense for tax and stockholder reporting purposes. (round your intermediate and final answers to two decimal places.)
Business
1 answer:
jonny [76]3 years ago
5 0
<span>Net Income After Tax = Net Income Before Tax - Tax Net Income Before Tax = 170,000-75,500-10,200+(16,500*0.0725)=85,496.25 Tax = 0.35*Net Income Before Tax=0.35*85,496.25= 29,923.69 Net Income After Tax = 85,496.25- 29,923.69 = 55,572.56</span>
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A researcher wishes to measure income across different age groups of consumers. The researcher wants to ensure that every age gr
snow_tiger [21]

Answer:

Stratified random sample

Explanation:

Stratified random sample -

It is also known as quota random sampling and proportional random sampling  .

It refers to the process of sampling , where the complete data or population is distributed into smaller sub - groups , known as the strata .

The distribution of the strata is done on the basis of certain factors like age , gender , education qualification , etc. , there by making the sampling process easier .

Hence , from the given information of the question ,

The correct answer is stratified random sampling .

6 0
4 years ago
Bonds, compared to stocks, have which of the following characteristics?
Inessa05 [86]
The correct answer for the given question above would be option C. Bonds, compared to stocks, have the characteristic of having maturity dates. Maturity date<span> refers to the final payment </span>date<span> of a loan or other financial instrument in which the principal is due to be paid. Hope this answer helps.</span>
3 0
3 years ago
Read 2 more answers
If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches and the equilibrium price is $70 per wa
IrinaVladis [17]
This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
                                    (900)(70) = (x)(40)
The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches. 

8 0
3 years ago
An original equipment manufacturer refers to a firm that _____. a. both designs and manufactures products b. designs, manufactur
NISA [10]

Answer:

d. executes design blueprints provided by other firms and manufactures such products

Explanation:

An original equipment manufacturer makes parts and components and sells them to other firms for reselling under the reseller's brand name.  The original equipment manufacturer(OEM) makes complete devices or parts that the reseller uses to manufacture other goods.  There has to be a good relationship between the manufacturer and the final and the OEM.

The manufacturer must determine the quality and other specifications for components that go into their products. Some products are not manufactured; they are an assembly of parts from various OEMs.  

Traditionally, OEMs do not brand or market their products. They receive designs form clients who eventually market the products. However, modern OEM are branding and even selling their products. Examples of OEMs include firms that manufacture automobile parts who sell to car manufacturers. Others are computer parts and software producers who sell to computer manufacturers.

3 0
3 years ago
On July 1, 2018, Larkin Co. purchased a $400,000 tract of land that is intended to be the site of a new office complex. Larkin i
jeka57 [31]

Answer:C. $477,000

Explanation:

Asset are initially recognized at price and other attributable cost. The cost includes tax paid on the assets e.g Vat, legal cost for attorney, delivery, installation, site preparation, professional fees e.g Architect. All income earned from testing the asset or incidental to the asset installation are deducted to arrive at a final cost value.

In the above scenario the price of the land $400,000 is added to demolition cost $75,000, plus the legal fees of $12,000 are all added to $487,000 and the proceed of $10,000 from sales of demolition scrap will be deducted to have a final cost of $477,000.

3 0
3 years ago
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