Answer:
$17,724.50
Explanation:
The computation of the gross tax liability is shown below:
The tax schedule for 2019 year is shown below:
Tax slabs tax rate taxable amount
$0 - $9,700 10% $970
$9,700 - $39,475 12% $3,573
$39,475 - $84,200 22% $9,839.30
$84,200 - $95,000 24% $2,592
Total $16,974.50
The capital gain tax rate is 15% (assume)
So, the capital gain is
= $5,000 × 15% = $750
So, the gross liability is
= $16,974.50 + $750
= $17,724.50
A. Customs
Kfc goes worldwide so they customize dishes to meet the customs of individuals
Answer:
a) Parent's investment in the Subsidiary is reduced by $4,500.
Explanation:
The computation is shown below:
The balance in investment prior to the sale of securities is
= $150,000 × 90%
= $135,000
Now The balance in investment after to the sale of securities is
= (($150,000 + 24,000) × 75%)
= $130,500
Therefore Decrease in investment in Subsidiary is
= $135,000 - $130,500
= $4,500
Hence, the correct option is A.
<span>They can file the bankruptcy code under chapter 11.
</span>This chapter of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership. A chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time. People in business or individuals can also seek relief in chapter 11<span>.
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I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:
XYZ Publishing Company is the owner of the cover design.
Explanation:
When a business or even an individual hires someone to work for a specific job, the outcome of that job belongs to the employer.
For example, if I hire a carpenter and ask him to manufacture a specific type of chair that I like. Even f the carpenter contributed to the design of the chair, the chair and its design belong to me since I paid for it. Even if for some reason a lot of people like my chars and they ask the carpenter to manufacture more chairs, he would need my authorization to do it.
