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AVprozaik [17]
3 years ago
12

Before being simplified, the instructions for computing income tax in Country R were to add 2 percent of one's annual income to

the average (arithmetic mean) of 100 units of Country R's currency and 1 percent of one's annual income. Which of the following represents the simplified formula for computing the income tax in Country R's currency, for a person in that country whose annual income is I?
A. 50 + I/200
B. 50 + 3I/100
C. 50 + I/40
D. 100 + I/50
E. 100 + 3I/100
Business
1 answer:
daser333 [38]3 years ago
5 0

Answer:

A

Explanation:

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MC algo 13-11 Capital Structure Weight Kim's Bridal Shoppe has 11,900 shares of common stock outstanding at a price of $53 per s
Sveta_85 [38]

Answer:

the capital structure weight of the common stock is 44.4%

Explanation:

The Weight of a Capital Source in Capital Structure is determined by expressing the Value of that Capital Source as a percentage of the Total Capital of the Company

<em>Capital Source                        Market Value                        Weight</em>

Common stock                        $630,700                                  44.04%

Preferred stock                        $ 27,900                                     1.95%

Bonds                                       $773,500                                  55.01%

Total                                        $1,432,000                               100.00%

CALCULATIONS OF THE MARKET VALUES ARE AS FOLLOWS

Common stock =   11,900 shares× $53 per share =           $630,700

Preferred stock=     300 shares× $93 per share   =             $ 27,900

Bonds               =     $2,000×110.5%× 350 bonds  =            $773,500

8 0
3 years ago
Read 2 more answers
Businesses use different strategies to compete in global markets. The key strategies include licensing, exporting, franchising,
yan [13]
Answer, true I’m pretty sure
3 0
4 years ago
On the first day of the fiscal year, a company issues a $3,500,000, 6%, five-year bond that pays semiannual interest of $105,000
miv72 [106K]

Answer: PV= 3,350,000

Fv= 3,500,000

PMT= 105,000

N= 10

YTM= 7.03%

7.03*3,500,000*0.5= 123,025

123,025-105,000= 18,025

 

                                            Debit                               Credit

Interest Expense                123,025

Cash                                                                             105,000

Discount Amortized                                                     18,025

Explanation:

6 0
4 years ago
for 2018 rahals auto parts estimates bad debt expense at 1% of credit sales. rahals bad debt expense is
pav-90 [236]

Answer:

the question is incomplete, so I looked for the missing information:

The company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at December 31, 2020. During 2021, Rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. Rahal's final balance in its allowance for uncollectible accounts at December 31, 2021, is:_________

accounts receivables at the end of the year = $86,500 + $404,000 - $408,000 - $2,340 = $80,160

bad debt expense = (total credit sales x 1%) + beginning balance of uncollectible accounts - bad debt written off =  ($404,000 x 1%) + $2,100 - $2,340 = <u>$3,800</u>

7 0
3 years ago
In the ________ stage of the industry life cycle, the emphasis on product design is very high, the intensity of competition is l
yanalaym [24]

Answer:

The correct answer is letter "C": introduction.

Explanation:

American economist Raymond Vernon (1913-1999) proposed the Industry Life Cycle model in which he displayed there are five (5) stages for that process: <em>introduction, growth, shakeout, maturity, </em>and <em>decline</em>.  

In the introduction stage, the product demand is low because the market is not familiar with it yet. As a result, competitors do not consider the entity as a relevant rival and, growth is limited. The firm's supply chain is still being schemed and even the product being offered is being adapted according to the feedback the company receives.

3 0
4 years ago
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