Answer:
Wang Company
Statement of financial position
Equity and liabilities
Issued share capital $70,000
Retained earnings $45,000
115,000
Assets
Non-Current assets
Fixed assets $22,000
Current assets
Cash in hand $93,000
$115,000
Wang company
Income statement
Net sales $88,000
Cost of sales $38,000
Gross margin $50,000
Less:admin expenses $5,000
Net Profit $45,0000
1. Communication
2. Loyalty
3. Honesty
The attached picture entails the Income tax that is filed for 4 different tax payer.
<h3>What is a spousal pay?</h3>
In U.S., this refers to periodic and predetermined sum awarded to a spouse or former spouse following a separation or divorce.
Actually, the spousal pay is not involved in the calculation of the Income Tax which is filled in the attached picture.
Read more about spousal pay
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Answer:
Annual deposit= $7,648.27
Explanation:
Giving the following information:
A beach house in Southern California now costs $350,000.
Inflation rate= 5% per year
Interest rate= 13% annual
Number of years= 20
We need to find an annual payment to be made at the end of each year to reach the $350,000 goal.
We need to use the following formula of the future value:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
Real interest rate= 0.13 - 0.05= 008
A= (350,000*0.08) / [(1.08^20) - 1]= $7,648.27
Answer: It's really confusing. its just mid.
Explanation:
