Answer:
The correct answer is<u> comprehensive income.</u>
Explanation:
The change in equity (net assets) of an entity during a period from transactions and other events and circumstances from non-owner sources is called comprehensive income.
Comprehensive income includes all the revenues , losses , gains and expenses.
Formula of calculation :
Comprehensive income = Net Income + Other Comprehensive Income
The comprehensive income is also known as stockholders' equity , retained earnings , accumulated other comprehensive income .
Answer:
$33,000
To avoid penalties, if a taxpayer owes $1,000 or more in tax payments beyond withholdings, such taxpayer will need to have paid in for taxes the lesser of: 90% of the current year's tax ($50,000 x 90%) = $45,000, or 100% of the previous year's tax ($30,000 x 100%) = $30,000
However, if the taxpayer had adjusted gross income in excess of $150,000 in the prior year, 110% of the prior year's tax liability is used to compute the safe harbor for estimated payments. (Previous year's tax $30,000 x 110% = $33,000).
Explanation:
I believe the answer would be 3.95
Answer:
Interest expense for 12 months = 0.08*12,000=960
March 1 to May 31= 3 months
Interest expense accrued = 960*3/12=240
Explanation:
Yes there should be more answer