Answer:
Check the following calculations
Explanation:
Sara with selling option
Selling Price = 800000
acquisition cost = 200000
Capital gain = 600000
- Intersest earned on 800000 @ 4% for 20 Years = 800000 * CVF @ 4% 20 Years
800000* 1.464 = 1171200 - 800000 = 371200
- Tax on interest Income = 371200 * 28% = 103936
- Tax on capital Gain = 600000*23.8% = 142800
- Total Tax on selling of land = 103936 + 142800 = 246736
Capital gain = 600000
Intersest earned on [email protected]% for 20 Years = 750000 * [email protected]% 20 Years
750000* 1.464 = 1098000 - 750000 = 348000
- Tax on interest Income = 348000 * 28% = 97440
- Tax on capital gain = 600000*15%= 90000
total Tax on contract = 97400+ 90000 = 187440
Saving of tax on contracting = tax on sale - tax on contract = 246736 - 187440 = 59296
Answer:
Pointer finger or middle finger
Explanation:
The right answer for the question that is being asked and shown above is that: "b. how much to supply, how to produce output, and how much of each input to demand." the three choices that profit-maximizing firms have to make are <span>b. how much to supply, how to produce output, and how much of each input to demand</span>
The principle is the loan amount so it would be $1,000.
Hope it helps!
Answer:
<em>Warranty expense should be recorded in the period when the warranty service is performed.</em>
Explanation:
When the product is sold, a product guarantee liability and warranty cost should be reported if it is possible that consumers may make claims under the warranty and the amount can be calculated.
Those two provisions are part of the Financial Accounting Standards Statement No. 5 of the FASB, Accounting for Contingencies.
