Answer:
Qualifying dividends are taxed like capital gains (15% in Alva's case):
$60,000 from Amur + $22,000 from Grape ⇒ $62,000 x 15% = $12,300
Non-qualifying dividends are taxed as ordinary income (35%):
$40,000 from Grape ⇒ $40,000 x 35% = $14,000
Total taxes on Alva's dividend income = $12,300 + $14,000 = $26,300
Answer:
$5,550
Explanation:
Preparation of an Income statement
REVENUE :
Service revenue $8,200
Less EXPENSES:
Salaries expense $1,650
Utilities expense $1,000
Total Expenses($2,650)
($1,650+$1,000)
Net income $5,550
($8,200-$2,650)
Therefore the Net income amount for the income statement will be $5,550
The answer to the question really depends on the nature of the business or the company.
Let us take for example, a food chain. The crews in this business are always reminded of the importance of washing of hand in order to avoid the occurrence of an event wherein the food being served to the customer might get contaminated.
On the other hand, if the business and the position of the subject matter does not involved handling food or other materials then, it may be acceptable for them and the manager need not remind the employees anymore.
Answer: See explanation
Explanation:
Share of ordinary income:
= (Ordinary income - Wages - Depreciation)/2
= (900,000 - 200,000 - 300,000)/2
= 400,000/2
= 200,000
Share of net short term capital gain
= (12,000 - 6,000) × 50%
= 6,000 × 0.5
= 3,000
Share of interest income
= 4000 × 50%
= 4000 × 0.5
= 2000
Share of charitable contribution deduction
= 4000 × 50%
= 4000 × 0.5
= 2000
Hello!
In order to find the answer to this equation, we must isolate x:
6x + 9 - 16x = -21
9 - 16x = -21 - 6x
9 = -21 - 6x + 16x
9 + 21 = -6x + 16x
30 = 10x
To find the final answer to x, we must divide 30 by 10.
x = 3
I hope this helps you! Have a great day!
-MMMski