Answer:
additional income is $11050 if the business is organized as a partnership rather than as a corporation
Explanation:
given data
investors = 10
own = 10%
earn = $500000
corporate tax rate = 34%
personal tax rate = 35 %
to find out
How much additional spendable income
solution
we find here first income if formed as corporation in hand that is
income if formed as corporation = earn × own ( 1 - corporate tax ) × ( 1 - personal tax )
income if formed as corporation = 500000 × 10% ( 1 - 34% ) × ( 1 - 35% )
income if formed as corporation =$21450
and
income will be taxable if form partnership that is
income if formed partnership = earn × own ( 1 - personal tax )
put here value
income if formed partnership = 500000 × 10% ( 1 - 35% )
income if formed partnership = $32500
so
additional income is $32500 - $21450
additional income is $11050
Explanation:
In this case, the ideal is to reject a task that is not mandatory in your contract. The boss's attitude in this situation was somewhat sexist, as it reduced the professional skills of a female investment analyst to having to be liked and serving coffee to bankers, since the professional was there to make a great professional presentation.
These unprofessional attitudes can be combated with an assertive attitude, without the professional feeling cornered by the possibility of suffering reprisals, but it is by maintaining an ethical, professional attitude and imposing respect, that it is possible for such unethical acts to be combated and not accepted any more. formal work environment.
Answer: AGREE
Explanation:
A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.
They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.
A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.
Answer:
1. $31,000
2. $40,000
Explanation:
1. Computation of bad debt expenses for the year
Bad debt expenses = Credit sales × Bad debts expenses
= $1,550,000 × 2%
= $31,000
2. Computation of year end balance
Year end balance = Beginning balance + Bad debt expense - Written off
= $31,000 + $31,000 - $22,000
= $40,000
Therefore for computing the bad debt expenses and year end balance we simply applied the above formula.
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