The total tax liability is $12,500.
<h3>What is the total tax liability? </h3>
Due to the fact that the account is qualified annuity, the total amount withdrawn is subject to tax. Also, because the investor is less than 59.5 years, the investor pays an additional tax of 10%.
The effective total tax = 25% + 10% = 35%
Total tax liability = 25% x $50,000
= 0.25 x $25,000 = $12,500
To learn more about taxes, please check: brainly.com/question/25311567
Answer and Explanation:
Inventory is an asset and is posted on the asset side of the balance sheet. As per accounting standards regarding inventory valuation, it can be either valued at historical cost or at market price, whichever is lower.
Historical cost is the cost at which asset was acquired. Market price is the price which would be received if the asset is replaced as on the date on which balance sheet is prepared. Inventory is valued at lower of the above mentioned costs.
Answer:
the post merger EPS is $22
Explanation:
The computation of the post merger EPS is shown below:
The post merger EPS is
= (Combined earnings after the merger) ÷ (total shares)
= $1,760,000 ÷ (30,000 + 50,000)
= $1,760,000 ÷ $80,000
= $22
Hence, the post merger EPS is $22
Put D' as (4,2) as your answer.
I believe the answer is selective benefit.
Selective benefit refers to a form of special treatment that certain individuals have by giving a form of payment towards the others.
Example, Giving a huge amount of donation to the groups that advocate to stop global warming will turn into that group gathering support for the donation giver in the next election.