Ask question

Ask question

All categories

3 years ago

14

Which of the following strategies would increase a person's net pay per month but might result in a large amount of taxes owed l

ater on in the year

2 answers:

Marizza181 [45]3 years ago

7 0

I need the answer choices in order to choose which one. :)

Flura [38]3 years ago

7 0

It might be Savings.....

You might be interested in

How many American embassies and consulates are there around the world?

Alexeev081 [22]

Answer:

The U.S. currently has 294 physical embassies, consulates, and diplomatic missions across the world, with 27 in the Middle East and North Africa (MENA) region, which is more than any other nation.

Explanation:

Rounded it would be 300.

4 0

3 years ago

Read 2 more answers

Ivory purchased a car for $24,000. The annual interest rate on the loan is 3.5%. She will make payments for 6 years. What is Ivo

Kitty [74]

11.68 $ a month, i believe thats the answer, if not its pretty close...

3 0

3 years ago

The ____ section of the project scope document is where the contractor or project team can state and clarify exactly what is inc

MA_775_DIABLO [31]

The<u><em> statement of work </em></u>section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

I hope this helps :)

6 0

3 years ago

Linda loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the number of times she goes d

padilas [110]

Answer:

See Explanation

Explanation:

Given

$U(S,T) = 2ST$

$M_U_S =2T$

$M_U_T=2S$

The following details are omitted from the question

$P_S= \$50$ --- Price of the Shoes

$P_T = \$50$ --- Spent on dancing

$B = \$500$ --- Budget on shoe and dancing

Solving (a): Her budget line

First, we determine her budget equation (B).

This is calculated by:

$B = P_S * S + P_T *T$

This gives:

$500 = 50 * S + 50 * T$

$500 = 50 S + 50 T$

Divide through by 50

$10 =S + T$

$S + T = 10$ --- The budget equation

<em>See attachment for the budget line equation</em>

Solving (a): Optimal Consumption Bundle Point

First, we determine the marginal rate of substitution (MRS) using:

$MRS = \frac{MU_s}{MU_t} = 1$

$MRS = \frac{2S}{2T} =1$

This implies that:

$\frac{2S}{2T} = 1$

Cross Multiply

$2S = 2T * 1$

$2S = 2T$

Divide by 2

$S = T$

Substitute T for S in the budget equation

$T + T= 10$

$2T = 10$

$T=5$

Recall that:

$S = T$

$S = 5$

So, the point if optimal consumption bundle is (5,5)

<em>See attachment for point R</em>

5 0

3 years ago

In 2012, XYZ Inc., a medical equipment distributor, sold 10,000 units of its hospital beds at an average price of $500 per unit.

ivann1987 [24]

a. The preparation of XYZ's Income Statement for the year ended December 31, 2012 is as follows:

Net sales revenue $4,800,000

Cost of goods sold 3,450,000

Gross profit $1,350,000

Operating expenses 400,000

Depreciation expense 100,000 500,000

Operating income $850,000

Interest Expense 200,000

Income before taxes $650,000

Taxes (40% x $650,000) 260,000

Net income $390,000

b. The ending inventory balance of XYZ's 2012 is as follows:

Units = (Beginning inventory + Purchases - Sales)

= 2,000 beds (1,000 + 11,000 - 10,000)

Dollars = $700,000 (2,000 x $350).

Data and Calculations:

Units of beds sold = 10,000

Average price per unit = $500

Sales revenue = $5,000,000

Estimated returns and allowances = $200,000

The Net sales revenue is $4,800,000 ($5,000,000 - $200,000).

The Cost of goods sold is $3,450,000 (9,000 x $350 + 1,000 x $300).

The Ending inventory is $700,000 (2,000 units x $350).

Operating expenses = $400,000

Depreciation expense = $100,000

Interest expense = $200,000 ($2,000,000 x 10%)

Tax rate = 40%

Thus, the ending inventory balance of XYZ's 2012 is 2,000 beds, worth $700,000.

Learn more about preparing income statement here: brainly.com/question/24470417

3 0

2 years ago