Answer:
The answer to this question can be defined as follows:
Explanation:
In part A
When Most citizens can't deductible in tax and their daily IRA donation, when the revenue is higher then all thresholds refer to specific levels. So, It can also pay to save for a non-deductible IRA to your withdrawal. Even if your IRA is not exempt.
Regulations on IRA Revenue:
When a company provides individuals or their spouse has been decided to hire by users have a 401(k) or 403(b) employee withdrawal account, experience some IRA depreciation contribution limits donations.
For an alternative to Roth IRA:
Most individuals have incomes above limits and the Roth IRA may indeed meet the criteria for a frequent IRA tax benefit and the higher level donation.
In part B
I will also take a glance at the answer from a tax viewpoint if a competent payment decreases subject to tax salaries and further decreases taxable income. It is a great way for both management and workers and employers receive big profits without taxation. Its value of a qualified retirement benefit provided for both the worker increases the amount that can be spent on behalf of the company by providing an eligible program.
Explanation:
<h3>The personal and social costs of unemployment include severe financial hardship and poverty, debt, homelessness and housing stress, family tensions and breakdown, boredom, alienation, shame and stigma, increased social isolation, crime, erosion of confidence and self-esteem, the atrophying of work skills and ill-health ...</h3>
To solve this problem, we
use the formula in calculating for the total variable cost (COGS):
Revenue - COGS - SG&A
= Pretax profits
where SG & A is calculated
as:
SG & A = (Contribution - Prextax income)
<span>SG & A = ($320,000 - $117,000)
SG & A= $275,000 </span>
Calculating for revenue
using the margin ratio:
Contribution margin/Revenue = Contribution Margin Ratio
Revenue = Contribution Margin/Contribution Margin Ratio
Revenue = $320,000/.20
Revenue = $1.6m
Going back to the 1st formula:
Revenue - COGS - SG&A = Pretax profits
1.6m - COGS - 275k = 117k
COGS = $1.6m - $117k - $275k
<span>COGS = $1.208 million</span>
Answer:
The correct answer is a. Sarah will be held personally liable even though she is a limited partner, and Mindy will also be held liable as a general partner.
Explanation:
For its part, it should be noted that each of the partners of a limited company has a series of rights.3 Among them are the following:
- Right to participate in the distribution of benefits and in the assets of the company in case of liquidation.
- Right of first refusal in the acquisition of participations of outgoing partners.
- Right to participate in social decisions and to be elected as administrators.
- Right to information in the periods established in the deeds.
- Right to obtain information on the accounting data of the Company.
Answer:
interest = 2,000
Explanation:
We will calculate the interest on the note:
<u>Rembemer:</u> Notes use simple interest
Is important that time and rate are expressed in the same measurement.
rate are generally expressed annually. so we must express time on years too.
this note is a 4 month note, we should convert 4 month in years:
1 years has 12 month
X year has 4 month
X = 4/12 = 1/3 of a year
Finally the rate is express in percent, we should divide by 100 to get the decimal:
6% = 6/100 = 0.06
interest = 2,000
