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Kisachek [45]
3 years ago
12

Alain Mire files a single tax return and has adjusted gross income of $309,000. His net investment income is $48,000. What is th

e additional tax that Alain will pay on his net investment income for the year
Business
1 answer:
Anuta_ua [19.1K]3 years ago
5 0

Answer: $1,824

Explanation:

According to the IRS, Net Investment Income tax is the lesser figure of either,

i. The net investment income or,

ii. Modified adjusted gross income less the threshold of $200,000 of the person.

The lesser figure is then multiplied by 3.8% to find the tax.

Alain Mire's net Investment Income is $48,000.

His Modified adjusted gross income less the threshold of $200,000 is,

= 309,000 - 200,000

= $109,000

The lesser figure is his Net Investment Income so Additional Tax is,

= 48,000 * 3.8%

= $1,824

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The total direct labor hours required in preparing a direct labor budget are calculated using the: a. sales budget. b. sales for
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Answer:is correct

Option d

Production budget

Explanation:

<em>The total direct labour hours budget are prepared using the production budget . It shows the expected amount o time in hours that are required to achieved the production budget</em>

The direct labour hours budget =

production budget(units)× standard direct labour hours per unit

The standard direct labour hours is the expected amount amount of time a unit of the product is expected to be produced

The production budget in turn is prepared using sales budget  and finished goods inventory budget .

5 0
4 years ago
Burkhardt corp. pays a constant $13.50 dividend on its stock. the company will maintain this dividend for the next eight years a
kogti [31]

Answer: Burkhardt Corp.'s current share price is $69.47.

The current share price of a stock can be viewed as the present value of its expected dividends.

In this case, the stock price will be the sum of the discounted value of the dividends over each of the next  eight years.

Mathematically we can express this as:

\mathbf{Current Price = \frac{D}{(1+r)^{1}}+\frac{D}{(1+r)^{2}}+\frac{D}{(1+r)^{3}}......+\frac{D}{(1+r)^{n}}}

Substituting the values we get,

Current Price = \frac{13.5}{1.11^1}+\frac{13.5}{1.11^2}+\frac{13.5}{1.11^3}+\frac{13.5}{1.11^4}+\frac{13.5}{1.11^5}+\frac{13.5}{1.11^6}+\frac{13.5}{1.11^7}+\frac{13.5}{1.11^8}

Solving the above equation we get,

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7 0
3 years ago
After much consideration, you have chosen Cancun over Ft. Lauderdale as your Spring Break destination this year. However, Spring
denis-greek [22]

Answer:

B. The marginal cost of going to Ft. Lauderdale decreases.

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Consider marginal cost and benefit before making a purchase.

Marginal cost is the increase or decrease of the cost of a particular actions.

Marginal benefit is the increase or decrease of the benefit of the action.

For example, if two items are identical and priced differently, the marginal benefit increases when the lower price is selected.

If two items are similar but not identical you would have to assess the cost and benefits of each more.

If marginal cost exceeds the marginal benefit you shuold not purchase the item or consider another option.

In this case, the only option that may reverse this desition is that the marginal cost of going to Ft. Lauderdale decreases.

7 0
4 years ago
The more information an entrepreneur acquires during the process of _____, the higher the chance that his or her predictions wil
Mashutka [201]

The more information an entrepreneur acquires during the process of feasibility analysis, the higher the chance that his or her predictions will be close to the mark, risk will be reduced, and uncertainty managed.

<h3><u>Explanation:</u></h3>

The study or examination about the extent to which the proposed idea will be practical and can be achieved at an economic manner refers to the feasibility study. In business it is very essential to decide whether to take up a project or not. It also helps in narrowing the project and plan accordingly.

It also helps in making predictions about whether the expected results can be attained from a particular idea or a project. Thus during the feasibility study the entrepreneur must obtain as much information as possible as it helps him in the evaluation of risks, uncertainties and other related things.

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