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zepelin [54]
3 years ago
11

LO 3.2A company has wants to earn an income of $60,000 after-taxes. If the tax rate is 32%, what must be the company’s pre-tax

income in order to have $60,000 after-taxes?
$88,235
$19,200
$79,200
$143,000
Business
1 answer:
Keith_Richards [23]3 years ago
4 0

Answer:

$88,235

Explanation:

The computation of the pre tax income is shown below:

We know that

Income after tax = Income before tax (1 - tax rate)

$60,000 = Income before tax × (1 - 0.32)

$60,000 =  Income before tax × 0.68

So, the income before tax would be

= $60,000 ÷ 0.68

= $88,235

If we consider the tax rate than we can easily compute the income after tax

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When using the simple EOQ model to determine optimal order quantity, which of the following is true?
Morgarella [4.7K]

Answer:

C. Order quantity increases as holding cost per unit per year decreases

Explanation:

the formula for calculating economic order quantity (EOQ) is:

EOQ = √(2SD/H)

  • S = cost per order
  • D = annual demand
  • H = holding cost per unit

If holding cost per unit (H) decreases, the EOQ will increase. Whenever you are dividing, if the denominator decreases, the result will be larger.

3 0
3 years ago
Project teams are formed to Multiple Choice take on "one-time" tasks that are often complex and require input from members with
AlladinOne [14]

Answer:

take on "one-time" tasks that are often complex and require input from members with different types of training and expertise.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The fundamentals of Project Management includes;

1. Project initiation

2. Project planning

3. Project execution

4. Monitoring and controlling of the project

5. Adapting and closure of project.

Basically, it is very important and essential that project managers in various organizations, businesses and professions form a project team, so as to successfully achieve their aim, objectives and goals set for a project.

A team can be defined as a group of people or set of individuals with various skill set, knowledge and experience coming together to work on a project or task in order to successfully achieve a set goal and objective.

Hence, project teams comprises individuals or group of people that come together as a unit to take on "one-time" tasks that are generally considered to be often complex and as such would require input from members with different types of training, skills, knowledge competence and expertise.

4 0
2 years ago
Dakota Trucking Company (DTC) is evaluating a potential lease for a truck with a 4-year life that costs $40,000 and falls into t
Afina-wow [57]

Answer:

The company should borrow or buy the truck as it is less costly than leasing.

Explanation:

Detailed solution is given below

7 0
3 years ago
if the company chooses the lease option, it will have to pay an immediate deposit of 25000 to cover any future damages to the eq
Likurg_2 [28]

Answer:

The answer is "68,788".

Explanation:

Net cash flow present value = immediate deposit + Annual lease payment present value

= 25000+(18000\times 2.991)-25000\times 0.402

Net cash flow present value = 78838-10050 = 68788

8 0
3 years ago
ABC Mechanics charges an estimate fee of $100 plus $40 per hour, x, in labor. XYZ Mechanics charges an estimate fee of $65 plus
Dima020 [189]

Answer:

5 hours  would work! Hope it helps!

Explanation:

100 off top!

40 in labor for each hour

40 times 5 is 200

so that would cost 300

for xyz

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5 times 50 is 250

250 plus 65 is 315 !

7 0
3 years ago
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