Answer:
additional income is $11050 if the business is organized as a partnership rather than as a corporation
Explanation:
given data
investors = 10
own = 10%
earn = $500000
corporate tax rate = 34%
personal tax rate = 35 %
to find out
How much additional spendable income
solution
we find here first income if formed as corporation in hand that is
income if formed as corporation = earn × own ( 1 - corporate tax ) × ( 1 - personal tax )
income if formed as corporation = 500000 × 10% ( 1 - 34% ) × ( 1 - 35% )
income if formed as corporation =$21450
and
income will be taxable if form partnership that is
income if formed partnership = earn × own ( 1 - personal tax )
put here value
income if formed partnership = 500000 × 10% ( 1 - 35% )
income if formed partnership = $32500
so
additional income is $32500 - $21450
additional income is $11050
Answer:
Variable Expenses
Desk $115,520
Chairs $19,040
Fixed cost
Budgeted $40,000
Under absorbed $1,800
Explanation:
Variable costs are those will vary will the change in sale or activity level e.g material cost, labor cost etc.
Fixed costs are those which remains fix and does not vary with the change in sale or activity level.
Answer:
The correct answer is letter "A": business cycle fluctuations.
Explanation:
Cyclical unemployment refers to unemployment related to downturns in the economy. It tends to be temporary but the length depends on the level of contraction of the economy during a recession. This type of unemployment is typical of the natural increase and decrease cycle of a nation's growth.
If the number is 12,759 and they ask to round to the nearest 10,000 then you look at the thousands place (where the 2 is) and is its less than 5 round down and if its more round up. so the answer would be 10,000
