Answer:
Explanation:
The computation is shown below:
Corporate tax = (Taxable income - bonus expenses) × corporate tax rate
= (925,000 - $153,000) × 21%
= $162,120
The corporate tax rate is 21% and we take the same for computation
Shareholder tax = Bonus expenses × marginal tax rate
= $153,000 × 35%
= $53,550
So, the total income tax would be equal to
= $162,120 + $53,550
= $215,670
Answer:
As the salesperson person gave the offer to Peter which he was not sure about, Peter said that he will come back in an hour but Peter didn't came instead his neighbour Sean came and asked salesperson to buy that boat on the price he told to person to according to the rule of offer this offer was made to Peter not Sean. If Peter would have accepted it then salesperson and Peter would be in contract but in this case now the offeror is Sean and Offeree if salesperson so it is up to him to accept the offer. Until the salesperson does not accept the offer then contract has not been form. If the salesperson accepts the offer of 35,750 then the contract will be formed.
Answer:Direct materials used.
Explanation: Manufacturing overhead is a term used to describe the indirect expenses made during the manufacturing process of a given product,it is also known as Factory Burden or Factory overhead.
Manufacturing overhead
includes ELECTRICITY USED TO RUN THE FACTORY EQUIPMENT, DEPRECIATION OF EQUIPMENT, BUILDING, FACTORY SUPPLIES AND FACTORY PERSONNEL. According to GAAP principles the manufacturing overhead must be attached to product produced in order to record the inventory and cost of goods sold.
<span>To find the potential increase, the equation would be the amount of excess reserves (or deposits multiplied by the reserve ratio) multiplied by (100 divided by the required ratio). In this case, that would be (35 - ($200M * 0.10)) * (100/10), or (35M - 20M) * (10). This would leave 15M * 10, or $150 million in potential increase in deposits for the entire banking system.</span>
A(n) anticipatory breach is a new agreement resulting from a bonafide dispute between the parties as to the terms of their original agreement.
<h3>What is a breach?</h3>
A breach occurs when an agreement or a contract is not followed as it written.
It occurs when the individual or company deviate or do contrary to the agreement.
There could be a breach in law, custom and contract.
Therefore, A(n) anticipatory breach is a new agreement resulting from a bona fide dispute between the parties as to the terms of their original agreement.
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