Asking the speaker to repeat a phrase
Answer:
$47439.50
Explanation:
For a single tax payer if your taxable income range is $200,000 - $500,000 then your income tax is $45,689.50 + 35% of amount over $200,000 of taxable income.
Income tax liability = $45689.50+{ 205000-200000)×35%}
$45689.50+(5000×35/100)
$45689.50+(5000×0.35)
$45689.50+1750
= $47439.50
The income tax liability will be $47439.50
Answer:
value of ending inventory = $1131
Explanation:
given data
June 1 150 units $780
June 10 200 units 1,170
June 15 200 units 1,260
June 28 150 units 990
$4,200
to find out
he value of the ending inventory
solution
first we get here at 1st june cost per unit will be
cost per unit = 
.............1
cost per unit = 
cost per unit = $5.2 per unit
and
on 10th june cost per unit will be
cost per unit = .............1
cost per unit = 
cost per unit = $5.85 per unit
and
at 30th june value of ending inventory that is
value of ending inventory = ( 150 × $5.2 ) + ( 210 - 150 ) × $5.85
value of ending inventory = $780 + $351
value of ending inventory = $1131
Answer:
the total amount owed to general unsecured creditors is $71,000
Explanation:
The computation of the total amount owed to general unsecured creditors is shown below:
= Account payable + wages payable + taxes payable + interest on note payable + interest on bond payable
= $40,000 + $6,000 + $12,000 + $5,000 + $8,000
= $71,000
hence, the total amount owed to general unsecured creditors is $71,000
The same is to be considered
Answer:
$2,900 Increase
Explanation:
Considering the transaction
- Bassett sold inventory that had cost the company $1,400 for $4,300 on accounts receivable - Here, inventory reduces by $1,400 while accounts receivable increase by $4,300. This leaves a net impact of $2,900 (4300-1400) on total assets.
Hence the results of this one transaction is an increase of total assets by $2,900.
