Answer:
The difference in tax to be paid between the two methods is $455
Explanation:
In this question, we are asked to calculate the difference in tax for the LIFO and FIFO method.
The matter of importance here is that the tax rate is 35%. We proceed as follows:
For the FIFO income, the tax rate is 35% of 8,600 = 35/100 * 8600 = $3010
For the LIFO method, the tax rate is 35% of $7,300 = 35/100 * 7,300 = $2,555
The difference in tax that would be paid between the two methods is 3010-2555 = $455
Answer:
higher taxes
Explanation:
if we raise minimum wage the tax scale will also raise. our income bases off how much we pay in taxes. meaning more money, more taxes.
Planning a firm's initial public offering is an example of a project that belongs to the functional area of accounting and finance.
A primary marketplace is a supply of recent securities. Frequently on a change, it is where organizations, governments, and other agencies go to achieve financing via debt-primarily based or equity-primarily based securities.
Number one markets are facilitated by way of underwriting corporations such as investment banks that set a starting charge range for a given protection and oversee its sale to buyers.
As soon as the initial sale is entire, similarly, trading is performed at the secondary marketplace, wherein the bulk of trade trading occurs every day.
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Process of elimination:
Flexibility is a characteristic because entrepreneurs are designing their own path (path being vague for whatever their entrepreneurship is focused on), allowing for flexibility
Risk is a characteristic because being on your own and doing your own thing is much more unstable than simply working for a well-founded company
Innovation is a characteristic, because the flexibility that comes from being an entrepreneur allows for freedom of ones own ideas, making innovation more likely.
Profit is not a particular characteristic, due to the risk factor.
Profit is the right answer :D
Answer:
d. socioemotional role
Explanation:
As the team works together, Carol plays a <u>socioemotional role</u>, diffusing conflicts and helping everyone feel welcome to contribute ideas.