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Studentka2010 [4]
3 years ago
8

What happens to your tax liability with proper financial planning?

Business
2 answers:
Murljashka [212]3 years ago
7 0
<span>You can estimate your tax liability through proper financial planning.</span>
MrRissso [65]3 years ago
5 0

Answer:

The right answer is minimize

Explanation:

The tax liability is the quantity of money that a person, organization, or any other kind of institution owes to the goverment and has to pay for profits made in the year. You can minimize them, by a proper financial planning, by buying things and declare them, also donation is an option to save taxes.  

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Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?
Alexeev081 [22]

Please see attached image to see the given data.

 

The trial balance totals of the debits and credits are $2,250 debit, $2,250 credit.

 

<span>$1000 (cash) + $500 (Equipment) + $750 (Salaries Expense) = $2,250 Debit

$350 (Accounts Payable) + $900 (Capital) + $1000 (Service Fees) = $2,250 Credit</span>

7 0
3 years ago
Total transaction costs, based on the assumptions provided, are expected to be:
Jobisdone [24]

Based on the costs of acquisition of Walmart by Amazon, the total transaction costs would come to B. $22,002.

<h3 /><h3>What are the total transaction costs?</h3>

Equity financing cost:

= 5.5% x 241,350.75

= $13,274.29

Debt financing cost:

= 1.5% x 241,350.75

= $3,260.26

Other transaction costs:

= $3,000

Target debt redemption premium:

= 70,242 x 3%

= $2,107.26

The total transaction costs are:

= 13,274.29 + 3,260.26 + 3,000 + 2,107.26

= $22,002

Find out more on acquisition costs at brainly.com/question/14300655

#SPJ1

8 0
2 years ago
An automobile tier II supplier has been offered a contract to supply a gearbox to a car company. The initial price of the gearbo
Fudgin [204]

Answer:

:

The contract is worth $1,622,970,237.98

Explanation:

Given

Number of Years = 12

Initial Price = $389

Initial Units = 500,000

Unit Increment = 2%

Price Decrement = $7.5

At Year 0:

$389 * 500,000 = $194,500,000

The Initial price would continue to decrease by $7.5

And the Initial units would continue to increase by 2%.

So,

At Year 1:

($389 - $7.5) * (500,000 * 2% + 500,000)

= $381.5 * 510,000 = $194,565,000

At Year 2:

($381.5 - $7.5) * (510,000 * 2% + 510,000)

= $374 * 520,200 = $194,554,800

At Year 3:

($374 - $7.5) * (520,200 * 2% + 520,200)

= $366.5 * 530,604 = $194,466,366

At Year 4:

$359 * $541,216 = $194,296,5736

At Year 5:

$351.5 * $552,040 = $194,042,2017

At Year 6:

$344 * $563,081 = $193,699,9368

At Year 7:

$336.5 * $574,343 = $193,266,3649

At Year 8:

$329 * $585,830 = $192,737,96810

At Year 9:

$321.5 * $597,546 = $192,111,13011

At Year 10:

$314 * $609,497 = $191,382,12412

At Year 11:

$306.5 * $621,687 = $190,547,113

Calculating present worth of contract (at 6%)

By adding the result of 0.06 * present value at each year.

Net Present Value = $1,622,970,237.98

8 0
3 years ago
The direct materials price variance is calculated asA) the difference in Actual Quantities (AQ) multiplied by the Actual Price (
Pachacha [2.7K]

Answer:

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

Explanation:

Direct Material Price Variance = (Actual Price - Standard Price) \times Actual Quantity

Opening the brackets we have

Actual Price \times Actual Quantity - Standard Price \times Actual Quantity

therefore, from the options provided option C) is correct as Direct Material Price Variance is difference in Actual Cost and Standard Cost of Actual Units

Final Answer

C) the difference in prices of the Actual Quantity Purchased (AQP) and the Actual Price (AP) multiplied by the Actual Quantity Purchased (AQP) and the Standard Price (SP) of the input purchased.

4 0
3 years ago
Should Shaun use gross pay or net pay when creating his budget? Explain your<br> reasoning.
Deffense [45]

Answer:

jjheeeneemme

Explanation:beenem

8 0
3 years ago
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