Answer:
The total income tax expense for 2019 =152.000. Is not available in the options given by the exercise.
Explanation:
- Tax on insurance expense deductible for accounting purposes in 2019= 70000*40%=28.000
- Income tax expense for 2019 = 180.000-28.000=152.000
Answer:
True
Explanation:
There are two reason which suggest that action will generate greater inequality.
1. some amount is stolen by government official thus fund is getting allocated to person who are already self-sufficient hence causing inequality
2. even left portion of fund is not allocated proportionally to all the area and thereby increasing the inequality.
Answer: $1,750
Explanation:
Incurring a health insurance cost of $5,000 or increasing salaries by $5,000 will have the same effect on the taxes because they will both be removed from the income before the taxes are calculated.
The reduction in tax in either case is:
= Expense * Tax rate
= 5,000 * 35%
= $1,750
Diego is trying to focus and meet his self-actualization needs.
<h3>What is Maslow's Hierarchy of Needs?</h3>
Abraham Maslow's theory of Hierarchical needs explains that people are driven to meet fundamental wants before moving on to more complex requirements.
His theory emphasizes five hierarchical needs, these are:
- Physiological needs
- Security and safety needs
- Social Needs
- Esteem Needs
- Self Actualization needs
Therefore, based on the fact that Diego is concerned about his own personal growth and focusing on his career, we can conclude that Diego is trying to focus and meet his self-actualization needs.
Learn more about Maslow's Hierarchy of Needs here:
brainly.com/question/1785981
Answer: Present value of the cash flows of the company is $1,158,824.
Explanation: Philips industries have the cash flow for $197,000. The industry needs to find the present value of the cash flow and the cash flows growth is decreasing every year by 6%.
The present value of the cash flows for perpetuity with decreasing growth rate is:
where, Cash flow for the year 1 (C1) = $197,000
Discount rate (r) = 11%
Growth rate (g) = -6%
![Present value of the cash flows (PV) = $197000/[0.11 - (-0.060)]](https://tex.z-dn.net/?f=%20Present%20value%20of%20the%20cash%20flows%20%28PV%29%20%3D%20%24197000%2F%5B0.11%20-%20%28-0.060%29%5D%20)
Present value of the cash flows (PV) = $1,158,824
Therefore the present value of the cash flows of the company is $1,158,824.
