Taxable income is the income (revenue) given on tax. It is payable, in other words, it is the tax paid for being paid.
Example:
You get $40
You need to pay 5% to tax
5% of 40
.05*40 = 2
2 is the tax, so,
40 - 2 = 38
Your revenue is 38 now, and taxable income is 2
Answer:
D. $ 3,039 million
Explanation:
Net Operating Assets = Operating Assets - Operating Liabilities
Net Operating Assets = $6,566 million - 3,527 million
Net Operating Assets = $3,039 million
<span>Answer:
A court is most likely to rule against Flossy and in favor of Garth. Garth provided legally sufficient consideration by losing 100 pounds in weight over the stipulated two-year period. Generally, a waiver of a le- gal right—in this case, the right to eat to obesity—at the request of another party is sufficient consideration to support a promise. The promise in this question was the payment of $10,000. It does not matter whether the performance—the loss of weight—also benefited the Garth.</span>
<span>paradox value is the apparent contradiction between the high monetary value of a nonessential item and the low value of an essential item. For example, diamonds have a higher monetary value than water because diamonds are scarce and appeals more to consumers' utility.</span>
A firm's opportunity costs of production are equal to its explicit costs plus implicit costs plus total revenue.
<h3>What is opportunity cost?</h3>
This is the alternative that is foregone by a person due to the fact that they have made another choice.
In the firm the opportunity cost of production is equal to explicit costs plus implicit costs plus total revenue..
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