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Alina [70]
4 years ago
14

The manager of brick company is given a bonus based on income before income taxes. net income, after taxes, is $5,600 for fifo a

nd $4,900 for lifo. the tax rate is 30%. the bonus rate is 20%. how much higher is the manager's bonus if fifo is adopted instead of lifo?
Business
1 answer:
nevsk [136]4 years ago
6 0
The answer is 700 . Hope it helps
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If your BAL is at .04
o-na [289]
It is 4.0 because your question does not make any sence



7 0
3 years ago
Assume initially that market interest rates are 7% and the bondholder is receiving a $70 coupon payment per year on a bond with
Dominik [7]

Answer:

$875

Explanation:

Generally, the relationship can be expressed as interest rate = Coupon Payment / Face Value.

Initially a 7% market rate a investor gets 7% which gives a coupon payment of  $70 because the face value of 1000.

Hence 70/1000 = 7%

Subsequently with the interest rate change, we can look for the bond price.

Substitute 8% for the interest rate and find the revised bond value which will fall as rate increases

$70/bond price = 8%

Then $70/ bond price = 0.08

0.08 x bond price = $70

bond price = $70 / 0.08 = $875

6 0
4 years ago
Lin Corporation has a single product whose selling price is $120 and whose variable expense is $80 per unit. The company's month
USPshnik [31]

Answer:

See below.

Explanation:

The formula to calculate target profit is as follows,

Target sales = Fixed costs + Target profit / contribution per unit.

Contribution = 120 - 80 = $40

For 10,000 in profits,

Target units = (50000+10000)/40

Target units = 1500 units

For 15000 in profits,

Target units = (50000+15000)/40

Target units = 1625 units

Hope that helps.

5 0
3 years ago
Levi’s an experienced marketing strategist for a software company that sells a learning platform to public schools. He developed
kvasek [131]

Answer:

2. He starts his day by looking at how well he’s doing on his company’s key performance indicators.

4. He values what his coworkers think and encourages them to give their opinions in his marketing meetings.

Explanation:

In order to evaluate and adapt, a constant critical analysis and different visions are a sole focus. In order for Levi to grow as strategist, he needs to keep an eye on the goals and keep daily updates of what is done and what more needs to be done.

For him to develop his vision broader, he can take opinions from the coworkers  and encourage them for it because it will give him a different perspective of the same situation which is always helpful in terms of finding solutions to problems.

4 0
3 years ago
______ angels are individuals who have already started and successfully operated their own businesses.
sergiy2304 [10]
Entrepreneurial Angels
7 0
2 years ago
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