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scoray [572]
3 years ago
12

he following data are to be used for Questions 4 and 5. The parentheses indicate amounts that should be subtracted in the comput

ation of net income. Cost of goods sold (6,000) Income tax expense (600) Interest expense (250) Operating, selling, general and administrative expenses (2,300) Sales 10,000 What is the company’s income tax RATE?
Business
1 answer:
ivann1987 [24]3 years ago
5 0

Answer:

t= 0.4138

Explanation:

First, we need to accommodate the information:

Sales= 10,000

COGS= 6000 (-)

Gross profit= 4000

Operating, selling, general and administrative expenses= 2300 (-)

Net operating income= 1700

Interest= 250 (-)

Earnings before taxes= 1450

TAX= 600 (-)

Net income= 850

t= ?

t= 600/1450= 0.4138

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The common denominator for decisions on service processes is _______, but for manufacturing processes it is _______
igomit [66]

The common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.

<h3>What is a common denominator?</h3>

This refers to the feature that is shared by all members, item, quantity of a subject matter.

Hence, the common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.

Read more about common denominator

<em>brainly.com/question/542317</em>

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5 0
1 year ago
In terms of GNI PPP, excluding Singapore, the wealthiest nations of Southeast Asia are
shutvik [7]
<span>The wealthiest nations of Southeast Asia, excluding Singapore (which is one of the wealthiest countries in the world) are Thailand and Malaysia, with Malaysia being in the 130th position according to GNI (Gross national Income) and Thailand in the 120th position (the higher the number the bigger the GNI). After this it's Indonesia in the 72nd place. </span>
7 0
3 years ago
Farrel Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just compl
larisa [96]

Answer:

Dr Work in Process 574,000

Dr Manufacturing Overhead 163,000

Cr Wages Payable 737,000

Explanation:

Preparation of the journal entry to record the direct and indirect labor costs incurred during the year

Based on the information given the appropriate journal entry to record the direct and indirect labor costs incurred during the year will be :

Dr Work in Process 574,000

Dr Manufacturing Overhead 163,000

Cr Wages Payable 737,000

(574,000+163,000)

(Being to record direct and indirect labor costs incurred )

3 0
3 years ago
The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random
Natali [406]

Answer:

C. $3,415.75

Explanation:

1   1.127,00  

2   1.482,00  

3   2.995,00  

4   3.009,00  

5   3.250,00  

6   3.250,00  

7   3.445,00  

8   3.449,00  

9   4.000,00  

10   6.120,00  

3.415,75  

8 0
3 years ago
Which of the following is most likely true about direct and digital marketing? Group of answer choices They make it increasingly
lord [1]

Answer:

They provide buyers with anytime, anywhere access to products.

Explanation:

Direct digital marketing is the type of marketing that is done exclusively through digital channels such as email and the internet. It is becoming the more convinient way of marketing and is used by most businesses and even replaces traditional marketing in some cases.

Email marketing involves promotion of products through targeted emails to selected customer segments.

Marketing on the internet involves advert placement on various internet channels such as social media and search engines.

A minor advantage of digital marketing is that it is available at every time. So the customer can access information on products at any time of the day.

7 0
3 years ago
Read 2 more answers
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