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3 years ago

The crucial issue with the continuity factor of a business’s organizational form is _______.

1 answer:

5 0

Is a method by which a business organization can be dissolved

To put it simply , continuity factor is an assumption that the business will always be able to operate overtime. But the Fact is, sometimes the business will failed and go bankrupt. That's why the partners have to discuss how the business organization should be dissolved if that happen.

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Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U

Andrew [12]

Answer:

Given that,

Taxable income = $75,000

Interest from an investment = $10,000

Using the U.S tax rate schedule in 2017

(a) Federal tax will he owe = $5,226.25 + 25% × ($75,000 - $37,950)

= $5,226.25 + $9262.5

= $14,488.75

(b) $Average\ Tax\ Rate = \frac{Total\ Tax}{Taxable\ Income}$

$Average\ Tax\ Rate = \frac{14,488.75}{75,000}$

= 19.32%.

(c) $Effective\ Tax\ Rate = \frac{Total\ Tax}{Total\ Income}$

$Effective\ Tax\ Rate = \frac{14,488.75}{75,000 + 10,000}$

= 17.05%

(d) Chuck is currently in the 25 percent tax rate bracket.

His marginal tax rate on increases in income up to $16,900 and deductions from income up to $37,050 is 25 percent.

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3 years ago

A change in the quantity demanded of a good is: a. represented by a shift to a new demand curve. b. represented by a movement al

Radda [10]

Answer:

It's represented by a movement along the demand curve

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3 years ago

Verizon Corporation's use of a Web-based digital dashboard to provide managers with precise real-time information illustrates wh

rewona [7]

Answer:

B) improved decision making

Explanation:

A company's main objective is to make the rational decision that can help the company achieve its goals in order to capture the dynamics of the market.

If a wrong decision is made, it can harm the company's image and the situation would get worse, thus making the company profitable by making a good decision.

In case of the real-time information, decision making plays a very important role so that the managers could take the decisions at the specified time.

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4 years ago

Boilermaker House Painting Company

Oksi-84 [34.3K]

Answer:

Explanation:

The journal entries are shown below:

1. Account receivable A/c Dr $20,000

To Deferred revenue A/c $20,000

(Being the paint house on account is recorded)

2. Equipment A/c Dr $21,000

To Cash A/c $21,000

(Being the equipment is purchased for cash)

3. Supplies A/c Dr $3,500

To Accounts Payable A/c $3,500

(Being the office supplies are purchased on credit basis)

4. Salaries expense A/c Dr $4,200

To Cash A/c $4,200

(Being the employees salaries are paid for cash)

5. Advertising expense A/c Dr $1,000

To Cash A/c $1,000

(Being the advertising are purchase for cash)

6. Rent expense A/c $5,400

To Cash A/c $5,400

(Being the rent is paid for cash)

7. Cash A/c Dr $15,000

To Account receivable A/c $15,000

(Being the cash is received)

8. Cash A/c Dr $6,0000

To Deferred revenue $6,000

(Being the cash is received)

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3 years ago

One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and

hichkok12 [17]

GATT is a very common term in business. One of the global institutions that emerged over the past 75 years is GATT which stands for the General Agreement on Tariffs and Trade.

<h3>What is the meaning of GATT?</h3>

The word simply means General Agreement on Tariffs and Trade. This General Agreement is known to covers international trade in goods.

They are involved in Trade negotiations. The WTO is regarded as the successor to the General Agreement on Tariffs and Trade (GATT) set up after the Second World War.

Learn more about GATT from

brainly.com/question/7141880

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2 years ago