Since it’s a credit card you must subtract 330.19-50.00 = 280.19 then with the fine you add 280.19+4.20= 284.39. So the new balance is $284.39
Answer:
is not efficient because firms can have different costs of reducing pollution.
Explanation:
Economic efficiency is the way a business maximises the use of factors of production (land, labor, capital) to produce output at a reduced cost. Efficiency aims to improve output and reduce cost to the barest minimum.
In this instance to individual cost required to reduce sulfur dioxide emissions is not considered by the government.
Since reduction of sulfur dioxide is equal among firms, some smaller ones may incur cost that will financially impair them and put them out of business.
While bigger firms will easily bear the cost.
Answer:
$660,000
Explanation:
WACC = [wD * kD * (1 - t)] + [wE * kE]
WACC = [(0.77 / 1.77)*6.12%* (1 - 0.40)] + [(1 / 1.77)*11.61%]
WACC = 1.60% + 6.56%
WACC = 8.16%
Present value of annuity = Annuity*[1-(1+interest rate)^-time period]/rate
Present value of annuity = $1.67*[1-(1.08156745763)^-9]/0.0816
Present value of annuity = $1.67*6.206374532
Present value of annuity = $10.36 million
NPV = Present value of inflows - Present value of outflows
NPV = $10.36 million - $9.7 million
NPV = $660,000
Answer:
Dr Payroll Tax Expense: $2,321
Cr FICA- Social security taxes payable $1,054
Cr FICA- Medicare taxes payable $247
Cr SUTA-State unemployment taxes payable $918
Cr FUTA- Federal unemployment taxes payable $102
Explanation:
Preparation of the March 31 journal entry to record the March payroll taxes expense
March 31
Dr Payroll Tax Expense: $2,321
($1,054+$247+$918+$102)
Cr FICA- Social security taxes payable $1,054
[($1,700*10)*6.2%]
Cr FICA- Medicare taxes payable $247
[($1,700*10)*1.45%]
Cr SUTA-State unemployment taxes payable $918
[($1,700*10)*5.4%]
Cr FUTA- Federal unemployment taxes payable $102
[($1,700*10)*0.6%]
(To record payroll taxes expense)
