<span>The government has REGULATIONS to protect people from being harmed by lead.
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Answer:
In total 84,000 income tax will be reported.
Explanation:
taxable income 280,000
tax rate: 30%
tax expense: taxable income x tax rate:
280,000 x 30% = 84,000
The company already expected 50,000 tax income:
income tax expense 50,000 debit
cash 50,000 credit
So it will adjust for the difference: 84,000 - 50,000 = 34,000
income tax expense 34,000 debit
income tax payable 34,000 credit
In total 84,000 income tax will be reported.
Answer:
13.76%
Explanation:
The computation of the interest rate required by law is shown below:
As we know that
Effective annual rate = (1 + Annual percentage rate ÷ number of days)^number of days - 1
0.1475 = (1 + Annual percentage rate ÷ 365)^365 - 1
(0.1475 + 1) = (1 + Annual percentage rate ÷ 365)^365
(1.1475)^ × (1 ÷ 365) = 1 + Annual percentage rate ÷ 365
So, the Annual percentage rate is
= [(1.1475)^ × (1 ÷ 365) - 1] × 365
= 0.1376
= 13.76%
Answer:
![\left[\begin{array}{cccc}&West&East&Total\\$Sales&2,432,000&760,000&3,192,000\\$Traceable Fixed&-210,000&-160,000&-370,000\\$Business Fixed Cost&&&-105,000\\$Income&2,222,000&600,000&2,717,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7D%26West%26East%26Total%5C%5C%24Sales%262%2C432%2C000%26760%2C000%263%2C192%2C000%5C%5C%24Traceable%20Fixed%26-210%2C000%26-160%2C000%26-370%2C000%5C%5C%24Business%20Fixed%20Cost%26%26%26-105%2C000%5C%5C%24Income%262%2C222%2C000%26600%2C000%262%2C717%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
The units sold on each region should be multiply by the $76 unit selling price.
Then, we subtract the fixed selling expense tracable to each division
and then, we subtract to the whole company the common fixed cost.
Answer:
(a) $51.92
(b) She will face a loss of $7.66
Explanation:
(a) Market Value of Preferred Stock:
= Dividend ÷ Required Return
= $5.40 ÷ 10.4%
= $51.92
(b) If she sells the stock when the required return on similar-risk preferred stocks has risen to 12.2%.
Market value of the securities:
= $5.40 ÷ 12.2%
= $44.26
therefore,
Market value of the securities - Market Value of Preferred Stock
= $44.26 - $51.92
= $7.66
She will face a loss of $7.66
