$8,000,000 - corporate issued
5 % - annual interest
30 % - income tax rate
Annual net cash cost - ?
Formula and Solution - (8,000,000 x 0.05) x 0.7 = 280,000
Answer: The Annual net cash cost - $280,00
Skills that will be useful for a roofer:
1. I am physically fit and strong -
3. Math and shop class. Math is important because there will be measurements and counting involved.
4. Good at managing my own time.
Answer:
A. The loan provide Blue Corporation with a business bad debt deduction.
Explanation:
A tax payer can make claim for the deduction and write off of a business debt in as much the debt has a link with his trade , there exist a creditor/debtor relationship and the debt becomes worthless in the year that the deduction was claimed. Moreover, it must be ascertained that the tax payer or creditor is in the business of lending money before the bad debt deduction can be allowed, the loan must also be a bonafide debt and the tax payer must prove that the debt becomes worthless in the current year of deduction.
It is to be noted however that a loan can become worthless for a number of reasons as determined by the Tax court ; fall in debtor's business or value of the debtor's assets, serious financial hardships encountered by the debtor, his earning capacity, his refusal to pay the debt, business climate etc
<span>Lotina deciding to apologize to her subordinate for the email that she sent that upset him is Lotina expressing consideration behavior. She recognized that she used a poor choice of words to express her idea and she let him know that not only was she sorry for that, but she would love an opportunity to sit down and discuss the ideas.</span>
Answer:
Direct material= $67,188
Explanation:
Giving the following information:
During October, the company budgeted for 5,100 units, but its actual level of activity was 5,090 units. The company has provided the following data concerning the formulas to be used in its budgeting:
Direct Materials $13.20
Direct material= 5,090*13.20= $67,188
