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larisa [96]
3 years ago
5

Which option best defines taxable income?

Business
1 answer:
Paha777 [63]3 years ago
7 0

Taxable income is The amount of your income, after it has been reduced by exemptions, deductions, and credits, that is used to calculate the tax you owe.

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What is the ground clearance of the Nissan GT-R?
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110 mm

Explanation: The Nissan GT-R has a 110 mm ground clearance.

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Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.
Airida [17]

Answer:

Results are below.

Explanation:

<u>To calculate the activities rate, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Designing= 444,000/13,000= $34.15 per designer hour

Sizing and cutting= 4,210,000 / 169,000= $24.91 per machine hour

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3 years ago
Investment A produced annual rates of return of 4%, 8%, 14% and 6% respectively over the past four years. Investment B produced
Ghella [55]

Answer:

A

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The investment A was more risky, but in general they were both pretty much a risk.

With both having a produced annual rates of return in under 10%

Reason for A being the riskier is that his annual rate of return in average was 8%, while B's annual rate was 9%

Difference may seem small, but for bigger investments 1% can be a deal breaker.

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In a firm's income statement, interest payments on debt are deducted Blank______ corporate taxes are calculated, which Blank____
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<em>In a firm's income statement, interest payments on debt are deducted </em><em>before </em><em>corporate taxes are calculated, which</em><em> reduces</em><em> the firm's tax liability.</em>

<h3>Income statement: What is it?</h3>

An overview of the company's operations for a specific time period is provided in the income statement. The revenue (gross and net sales), cost of products sold, operational expenditures (selling and general and administrative expenses), taxes, and net profit or loss are the statement's primary components.

<h3>What is displayed on a firm's income statement?</h3>

The statement logically and coherently presents the company's revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and net profit.

learn more about firm's income statement here <u>brainly.com/question/14733237</u>

<u>#SPJ4</u>

6 0
2 years ago
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