Answer:
$2,703,940
Explanation:
Calculation for the operating cash flow based on this analysis
Particulars Amount
Sales amount 6,375,000
(850*7,500)
Less vaiable cost 2,355,000
(314*7,500)
Less Fixed cost 647,000
Less Depreciation 187,000
PBT 3,186,000
Tax 21% 669,060
(21%*3,186,000)
PAT 2,516,940
(3,186,000-669,060)
Add: Depreciation 187,000
Operating cash flow $2,703,940
(2,516,940+187,000)
Therefore the operating cash flow based on this analysis will be $2,703,940
Answer:
The allowable medical deduction after Adjusting Total Income is $0
Explanation:
Particulars Amount
Drugs and Medicines prescribed by doctors $300
Add:- Health insurance premium $750
Add:- Doctors Fees $2,250
Add:- Eyeglasses $75
Less:- Reimbursement of doctors fees received <u>($900)</u>
$2,475
Less :- Adjusted Gross Total Income of $25,000 <u>$2,500</u>
Allowable medical deduction after adjusting -25
total Income
Therefore, as the resultant amount is negative. The allowable medical deduction after Adjusting Total Income is $0
Workings
Adjusted Gross Total Income of $26,000
= $26000 × 10%
= $2,600
Answer:
c. Equilibrium quantity would decrease, but the impact on equilibrium price would be ambiguous.
Explanation:
When the demand decreases along with the decrease in supply, obviously the equilibrium quantity will also decrease, to match the level of supply and demand.
But the price cannot be fairly estimated as because the supply is decreased the prices shall increase for equilibrium but as the demand has also decreased the prices shall decrease in order to match the equilibrium.
Thus, the price is ambiguous but definitely the quantity shall stand decreased for equilibrium.
<span>Under the driver responsibility program, you may be assigned a number of points for: every traffic conviction which did not result in a crash. In this instance, the number of points the driver accumulate is 2 points.</span>
Answer:
Pike owes $1200 in taxes is she the purchase $16,000 in Oregon and owes $820 in transactions if she purchase $16,000 in Oergon.
Explanation:
Re call that the total tax is the rate tax time the purchase amount.
T= R * P
Then the use tax that Pike owe to California for the purchase of $16,000 in Oregon Tc taking a rate of 7.5 percent is:
Tc = 0.075 * $16,000 = $ 1,200
The use tax that Pike owe to California for the purchase of $16,000 in New Mexicon Tn dont take into account the sales but the transaction rate of 5.125 percent:
Tn = 0.05125 * $16,000 = $820
