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vlada-n [284]
3 years ago
11

The effect of a change in tax rates:

Business
1 answer:
prisoha [69]3 years ago
5 0

Answer:

d. Is reflected in income from continuing operations.

Explanation:

Taxes are defined as the amount that is levied by a government on its citizens, the funds are used to fund government expenditure.

When a business's tax rate increases the extra cost that results will be recognised as an expense in the income from operations.

On the other hand when tax rate is reduced it will result in increased income for the business.

Tax is one of the factors businesses consider when setting up operations. Locations with low tax rates are more favoured as they result in higher income.

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Logan owns a horse ranch. Logan dislikes horses, but he opened the ranch because he heard it was a lucrative business and he wan
Mama L [17]

Answer:

Logan Horse Ranch

The most accurate is:

e. None of the above are correct

Explanation:

Logan's payment to his brother, Luke, of $500 per hour, is not a reasonable business expense that can be deductible.  Surely, $500 per hour is not a going rate for cleaning the horse stalls per hour.  With Lucy doing grocery shopping for Logan, it does not resonate like an ordinary and necessary expense for the business. Therefore, options A to D are not correct.  This leaves only option E as the most accurate.

3 0
3 years ago
How do i color clay without food coloring or paint
mafiozo [28]

Answer:

So to ur teacher and say ind out ur sel

Explanation:

6 0
3 years ago
Read 2 more answers
Which of the following is not allowed by scrum refactoring velocity tracking relaease planning hardening sprints
Igoryamba

Answer:

(B) Hardening sprints

Explanation:

Hardening Sprints are not allowed because the subject of hardening should be continuously address throughout normal Sprints.

Or if the question has the following options:

Which of the following is not allowed in Scrum?

a. Using Story Points

b. Hardening Sprints

c. Release Planning

d. Using Planning Poker

Answer:

(B) Hardening sprints

Explanation:

Using Story Points, Release Planning, Using Planning Poker are not mandatory but allowed. Only hardening sprints are not allowed.

3 0
3 years ago
Which of the following will not increase the demand for hot dogs (i.e. which will not shift demand to the right)?
lapo4ka [179]

Answer:

b. The price of hotdogs fall.  

Explanation:

The demand curve will shift to the right when the demand increases with an increase in demand due to change in factors other than the price.

5 0
3 years ago
Jaheem's business sells a single product. The following information was gathered from Jaheem's records: Price $24.00 per unit Va
pochemuha

Answer:

See below

Explanation:

With regards to the above, Jaheem's business profit increase is calculated as

= Fixed cost + Desired profit/Contribution margin

Given that;

Fixed cost = $400,000

Desire profit = $22,000

Contribution margin = $9.4

= $400,000 + $22,000/($24 - $14.6)

= $422,000/$9.4

= $44,894

Therefore, increase on profit

= $44,894 - $22,000

= $22,894

6 0
3 years ago
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