Answer:
B. $19,687 mil
Explanation:
The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).
Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.
This 15% of income = $2,953 mil
Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil
Answer:
The annual rate of return on this investment is 18.85%.
Explanation:
Given that the investor will receive an annual return of $ 2,000 through an investment of $ 10,606, to determine the rate of return of this investment it is necessary to perform the following calculation:
10,606 = 100
2,000 = X
((2,000 x 100) / 10,606 = X
200,000 / 10,606 = X
18.85 = X
Therefore, the annual rate of return on this investment is 18.85%.
Answer:
- Private property rights:
- Institutions and incentives
Explanation:
- Private property rights → they are constructs that determine how a resource or economic good is used and owned. They can be view as an attribute of an economic good, it has four components and also, it is often referred to as a bundle of rights:
1- The right to use the good.
2- The right to be able to aer income from that good
3- The right to transfer the good to other, or to abandon it or destroy it.
4- The right to enforce the property rights.
- Institutions and incentives → This kind of institution creates incentives for technological innovation and investments in both human and physical capital
. When the right incentives are placed, as a consequence production and investment occur naturally, as a result we have more human capital, more physical capital, and technological advancement - all of which lead to economic growth.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Purchase Discounts $ 5,600 Freight - in 7,800 Purchases 200,010 Beginning Inventory 23,500 Ending Inventory 28,800 Purchase Returns 6,400 Using the periodic system
Purchased= 200,010 + 7,800 - 5,600 - 6,400= $195,810
Answer:
480 inches (40 feet)
Explanation:
Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.
Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.
Given that on center spacing = 16 inches, number of studs = 31
The length of the wall is given by the formula:
number of studs = (length of wall in inches / on center spacing in inches) + 1
Length of wall (inches) = (number of studs - 1) * on center spacing
hence:
Length of wall (inches) = (31 - 1) * 16 inches = 480 inches
Length of wall = 480 inches = 40 feet
