Answer:
Explanation:
Assume: The Federal Alternative Minimum Tax rate of 20%
G.R EDWIN INC $
Sales 6, 020, 000.00
Less:
Cost of goods sold 3, 060,000.00
Gross profit 2,960,000.00
Less:
Operating Expenses 2,650,000.00
Profit 310,000.00
Less: Int Expense 27,000.00
Net Profit 283,000.00
Tax liability assuming tax rate of 20%
= 283,000 * 20%
=$56,600
Arthur could save $113.00 by buying the skates instead of renting it for $4.00 for 4 weeks in a month, and 12 months in a year.
4.00 x 52 (weeks) = 208.00
208.00 - 79.00 (buying price) = 129.00
<span>Answer : Transactional level
Explanation:Of the three levels rational, process and transactional, transactional level which is the communication level , that is communication with all stakeholders and not just with people who are friendly, is the highest and most developed level of stake holder management capability(SMC) that is characterized by genuineness, communication, interactiveness, proactiveness, frequency, resource adequacy and satisfaction.</span>
Answer:
$0
Explanation:
In 2018, one individual could give up to $5.6 million in gifts before any estate or gift taxes were applied. This means that Sam would not have to pay a single penny to the government as long as his will does not exceed $5.6 million.
Susie’s IQ falls into the average category. It is because
since she receive the IQ score of 90, a person with an IQ score of 90-109 is
considered to have a normal up to the average intelligence in which she
acquires.