Answer:
$21,000
Explanation:
Data provided in the question:
Sales = $200,000
Cost of goods sold = $150,000
Interest income = $60,000
Dividends = $40,000
Earnings and profits = $1,000
Tax rate = 21%
Taxable income = $122,000
Now,
Net Passive income tax = Net passive income × Tax rate
or
= ( Interest income + Dividends ) × 0.21
= ( $60,000 + $40,000 ) × 0.21
= $21,000
Answer:
What is Business Disruption? ... When it comes to business strategy, “disruption” refers to a process in which market entrants come armed with non-conventional business models, and what at their outset seem to be poor-performing products actually come to challenge and eventually replace industry incumbents over time.
Explanation:
Answer: Manfred's son is more likely to engage in delinquency and early sexual behavior.
Explanation:
Since the son is hanging out with older people he will want to be like them. He may also suffer from peer pressure and believe that he needs to do as they do to fit in with the new crowd.
Since the son is going to another part of the town, he may believe that his father and mother will not check on him. He also may do this so no one that he knows from his side of town can tell on him since they don't hang out there.
Answer:
True
Explanation:
In business, value chain is a set of actions that companies do in order to give value for the customers.
The 'value' could come anything as long as it benefited the customers. This include things such as the quality of their products, the quality of their services, the convenience that they provide for the product delivery, etc.
Having many positive activities in the value chain will create a positive market perception toward your company. This will create more reasons for the customers to choose you over the competitors.
If you have small amount of activities within your value chain, it will be easily copied by your competitors and you will eventually be outperformed.
Answer:
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
Being the cost of construction of plant building
Explanation:
<em>According to International Accounting Standards (IAS) 16, property plants and equipment, the cost of land includes all of the cost necessary to bring and make it ready for the intended use. </em>
The total cost of the plant = 451,000 + 31,900 + 47,156 + 1,349,900 + 85210
= $1,965,166
The journal entry
Debit Credit
Property plant and equipment (Plant) $1,965,166
Cash $1,965,166
<em>Being the cost of construction of plant building</em>
