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3 years ago

Which of the following affects the wage a firm is willing to pay its workers?

Business

1 answer:

Alborosie3 years ago

3 0

Answer: E. . All of the above affect the wage a firm is willing to pay its workers

Explanation:

The wage a firm is willing to pay its workers is affected by:

• The productivity of workers.

• Consumer demand for the goods and/or services that the firm creates.

• The amount of fringe benefits the firm is required by law to pay.

• The level of payroll taxes the firm must pay.

It should be noted that when there's increase in productivity and rise in demand for a good by consumers, companies will be willing to pay more for their workers.

Likewise a decrease in tax and fringe benefits affects companies paying ability.

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In its first tax year, the Vasquez Estate generated $50,000 of taxable interest income and $30,000 of tax-exempt interest income

olasank [31]

Answer:

i) Subtotal the income shown on lines 1 through 8 of Form 1041 and add the tax-exempt income from line 1 in “Other Information” on the back of the return to arrive at total income.

Total Income = Taxable income + Non-taxable income

= $50000 + $30000

= $80000

ii) Divide the total income by the total taxable income and multiply the results by the total fiduciary fees.

= ($80000/$50000)*8000

=$12800

iii) Take the deductible fees on line 12 and subtract the balance from the total tax-exempt income to arrive at the adjusted tax-exempt income.

= $30000 - ($12800-8000)

= $25200

Subtotal the income shown on lines 1 through 8 of Form 1041 and add the tax-exempt income from line 1 in “Other Information” on the back of the return to arrive at total income.

Divide the total income by the total taxable income and multiply the results by the total fiduciary fees.

Take the deductible fees on line 12 and subtract the balance from the total tax-exempt income to arrive at the adjusted tax-exempt income.

Place that number on Schedule B, line 2.

Explanation:

5 0

2 years ago

Claxton Company purchased a van on January 1, 2018, for $820,000. The estimated life of the van was five years, and its estim

vaieri [72.5K]

Answer:

The depreciation expense for 2020 is $215,100

Explanation:

Given

Claxton Company purchased a van on January 1, 2018, for $820,000.

Useful life = 5 years

Residual value = $103,000

Annual depreciation = ($820,000- $103,000)/5

= $717,000/5

= $143,400

At the beginning of 2020, the asset would have been depreciated for 2 years (2018 and 2019)

Net book value = $820,000 - 2($143,400)

= $533,200

Since the residual value remains the same after a revision of the estimated useful life from 5 years to 4 years

The asset would only have 2 years left for depreciation.

Annual depreciation = ($533,200 - $103,000)/2

= $430,200/2

= $215,100

5 0

3 years ago

dupe's age and olu's add upto 25 years. Eight years ago , dupe was twice as old as olu. how old are they now?

Bas_tet [7]

Dupe's present age = 14 years

Olu's present age = 11 years

Explanation:

Let Dupe's age be x. Let Olu's age be y. Since their ages add up to 25 years, x + y = 25
Eight years ago Dupe's age was double that of Olu's age. Solving by simultaneous equations. Four methods are Elimination Method, Graphical Method, Substitution Method, and Matrix Method. Let us try out Elimination method for solving a pair of simultaneous linear equations that reduces one equation to one that has only a single variable. Once this has been done, the solution is the same as that for when one line was vertical or parallel.
Therefore, eight years ago, Dupe's age was 6 and Olu's age was 3 so that x=2y becomes, 6=2*3. Eight years hence, x=6+8=14 and y=3+8=11. That makes, x or Dupe's age as 14 years and y or Olu's age as 11 years.

6 0

3 years ago

What does the concept of limited liability posits?

Maksim231197 [3]

Answer:

see below

Explanation:

The concept of limited liability is a confirmation that a corporation's assets are liabilities are distinct from those of shareholders. The concepts safeguard the shareholder's private properties should a business fail to meet its obligations.

Limited liability states that the liabilities of a shareholder is limited to the extent of his capital contribution. If the event of a dissolution, a shareholder's losses are capped to the share contribution. Their personal properties cannot be used to pay business debts should the business's assets be inadequate.

3 0

2 years ago

Southwest Airlines uses its assets very productively. Its turnaround time, or the time that its airplanes sit on the ground whil

mario62 [17]

Answer: Efficiency

Explanation:

Efficiency shows the highest performance level that utilizes the smallest amount of inputs to attain the biggest amount of output. Efficiency is the act of reducing unnecessary resources used in the production of a given output.

Efficiency reduces the waste of resources like energy, physical materials, and time albeit achieving the desired output. It is the aim of every organization to get the best results using the least cost. Southwest Airlines is efficient in its production since it uses its assets and time well.

8 0

3 years ago