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3 years ago

Do all states have income tax

Business

2 answers:

DanielleElmas [232]3 years ago

8 0

Answer:

No, the states that don't are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.

Explanation:

Aloiza [94]3 years ago

5 0

Answer:

not all of them

Explanation:

Most Americans file a state income tax return and a federal income tax return. The states with no income tax are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. If you live in one of those seven states, or New Hampshire or Tennessee, you may not need to file a state return.

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Tunebeak, a fast food service chain, wants to introduce a new product. However, it lacks the financial support required to promo

Flura [38]

Answer:

B. Factoring

Explanation:

Factoring is a financial transaction in which a business sells its accounts receivables to a third party (mostly financing firms) at a discount. Accounts receivable is a record of money customers owe to the company for sales made on credit.

The company sells its future cash-flow owed by it's customers, in return for cash upfront but the cash received is less than the amount it would've received in accounts receivable later because the financing company charges that amount of providing cash (liquidity) to the company.

Factoring is not considered a loan, as the parties neither issue nor acquire debt as part of the transaction.

So the short-term financing option utilized by Tunebeak is Factoring.

7 0

3 years ago

Read 2 more answers

Disposal of Fixed Asset

andreev551 [17]

Answer:

$328000

Explanation:

Given: Cost of machine= $880000

Residual value= 60000

Estimated life= 10 years

Company use straight line depreciation method.

∴ Depreciation = $\frac{\textrm{cost of machine- residual value}}{estimated\ useful\ life}$

⇒ Depreciation= $\frac{880000 - 60000}{10} = \frac{820000}{10}$

∴ Depreciation= $\$ 82000$ per year.

Now, lets find the value of depreciation.

∵ Machine is sold on December 31, 2019, which is 6 years after it is installed.

∴ Depreciation value after 6 years= $\textrm{Depreciation value every year \times number of years used}$

Depreciation value after 6 years= $82000\times 6 = \$ 492000$

Next, finding the value of machine after 6 years of depreciation.

Value of machine after 6 years= $820000 - 492000= \$ 328000$

∴ Disposal value of machine after 6 years of usage is $\$ 328000$ , however, machine was sold at $225000.

4 0

3 years ago

Which goal incorporates most of the criteria required for a SMART goal?

stellarik [79]

Answer:

E. Zeenat plans to become a kindergarten teacher, she has a part-time job to help finance her education and plans to obtain her graduate degree in education in three years.

Explanation:

SMART stands for SPECIFIC, MEASURABLE, ATTAINABLE, REALISTIC, TIME-HORIZON.

if look at the above answer, it has all the qualities of a SMART goal.

8 0

3 years ago

Read 2 more answers

When searching for research on line, one should make sure the information is _________________ to your topic?

stich3 [128]

Relevant, you don't want information that has nothing to do w to your topic

5 0

4 years ago

Malmentier SA stock is currently priced at $85, and it does not pay dividends. The instantaneous risk-free rate of return is 5%.