Answer:
Journal entries
Explanation:
The journal entries are as follows
(a) Cash A/c Dr $33,000
Accumulated depreciation A/c Dr $36,960
To Factory machine A/c $66,000
To Profit on sale of factory machine A/c $3,960
(Being the sale of machinery is recorded and the remaining balance is credited to the profit on sale of factory machine account)
(b) Cash A/c Dr $19,800
Loss on sale of factory machine A/c $9,240
Accumulated depreciation A/c Dr $36,960
To Factory machine A/c $66,000
(Being the sale of machinery is recorded and the remaining balance is debited to the loss on sale of factory machine account)
Answer:
Jana just found out that she is going to receive an end-of-year bonus of $32,200. She is in the 35 percent marginal tax bracket. Calculate her income tax on this bonus.
- tax liability = $32,200 x 35% = $11,270
Now assume that instead of receiving a bonus, Jana receives the $32,200 as a long-term capital gain. What will be her tax?
- tax liability = $32,200 x 15% = $4,830
Which form of compensation offers Jana the best after-tax return?
- if the bonus is taxed as a long term capital gain, she will páy less than half the taxes, so it is the best option for her
Would your calculation be different if the gain was short-term rather than long-term?
- Short term capital gains are taxed at the same rate as ordinary income, so the difference between the bonus being a long vs short term capital gain is very significant to Jana.
Answer:
The correct option is fundamental analysis
Explanation:
Industry analysis centers on the competitive nature of the market where a business operates,hence it is a just a component of what makes fundamental analysis.
Operational analysis can be likened to performance measurement where the performance of a business is measured viz-a-viz the expected performance with to aligning actual performance with plan
Fundamental analysis is the correct option as it encompasses determining the value of stock by conducting both internal and external analysis of a business concern.
If an employer does not offer a retirement plan, the best option that an employee can do is to invest in an insurance company that can offer such service. There are insurance companies that not only guarantee a person's investment on health, travel, and recreation, there are also those that give opportunities for people who are seeking to retire from their work.
