Based on the information given his after-tax savings rate of return is 5.62%.
<h3>After-tax saving rate of return</h3>
Using this formula
After-tax savings rate=Saving rate of return×(1-Tax rate)
Where:
Saving rate of return=7.2%
Tax rate=22%
Let plug in the formula
After-tax savings rate=0.072×0.78
After-tax savings rate=0.05616×100
After-tax savings rate=5.62% (Approximately)
Inconclusion his after-tax savings rate of return is 5.62%.
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Answer:
B
Explanation:
Obtain informed consent from the patient and ensure that reasonable patient protection measures are followed.
The amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.
Profit can be defined as the amount of money earned after deducting all expenses.
A business or organization objective is to generate profit, therefore any amount a company earned from the sales of goods and service after deducting all expenses all after deducting all the production cost is called profit.
In another word profit is the revenue generated after paying out all costs such as:
Inconclusion the amount of money remaining from a firm's sales revenue after it deducts production costs, interest costs, and taxes is: Profit.
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Answer:
85%
Explanation:
With regards to the information above, predetermined overhead will be computed as;
Predetermined overhead = (Estimated overhead / Expected labor cost) × 100
Estimated overhead = $85,000
Expected labor cost = $100,000
Then,
Predetermined overhead = ($85,000 / $100,000) × 100
Predetermined overhead = 85%
Therefore, its predetermined overhead rate for the next period should be 85%
