Answer:
tax expense: 34% 103,020 dollars
Explanation:
Sales 2,400,000
COGS 34% of sales<u> (816,000) </u>
Gross profit 1,584,000
other operating (1,200,000)
depreciation (80,500)
interest expense
450,000 x 9% (40,500)
gain on investment <u> 40,000 </u>
Income before taxes 303,000
tax expense: 34% 103,020
The dividends paid are not an expense or revenue for the period. is the distribution of prior period gains.
Answer:
A. Jordan takes out a loan to start a new business.
Explanation:
A good economy is one in which individuals and businesses are thriving in general sales and profit, lower rates of unemployment, low poverty rate and higher Gross Domestic Products (GDP).
Jordan taking out a loan to start a new business is a pointer to the fact that, there is an enabling environment for business with low interest rate.
Answer:
appropriate cost of capital to evaluate the business is 8%
Explanation:
given data
cost of equity capital = 12%
revenue from software = 50%
cost of equity capital = 8 %
to find out
the appropriate cost of capital
solution
we know that
Cost of capital = cost of capital in same industry or cost of capital in the related division
so here cost of capital equal to business is 8% so that Cost of capital will be 8%
hence the appropriate cost of capital to evaluate the business is 8%
The person can cancel the payment plan by giving the bank to stop payment order.
<h3>What is Payment Plan?</h3>
A term payment plan entails getting equal monthly payments over a predetermined amount of time.The time periods is predefined as the after the expiry of the period payments are not been made.
By instructing the bank to halt payments, the person can cancel the payment schedule.
Learn more about Calculation of payment plans here:
brainly.com/question/22439235
#SPJ1