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3 years ago

Income tax is the only type of tax collected in most states within the United States. True or False?

Business

2 answers:

Ratling [72]3 years ago

8 0

The ansewer is False

MariettaO [177]3 years ago

4 0

Correct answer is false

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Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $50

tino4ka555 [31]

Answer:$3,500, $4, 500 $5,500=$13,500

Explanation:

A) Given that annual fee is $500 and %tax return=10%

we have that

Mega Tax software when 300 returns are filed

we have Annual fees=$500.00

Variable fees (300 x 10)=3,000.00

Costof return= $ 3,500.00

Mega Tax software when 400 returns are filed

we have Annual fees= $500.00

Variable fees (400 x 10)= 4,000.00

Cost of return= $4,500.00

Mega Tax software when 500 returns are filed

we have our Annual fees=$500

Variable fees (500 x 10)= 5,000.00

Cost of return=$5,500.00

Total cost of return for Mega Tax software = 3,500+4500+5,500=$13,500

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2 years ago

A company wants to determine if the average shearing strength of all rivets manufactured is more than 1000 lbs. A sample of 25 r

ser-zykov [4K]

Answer:

B- The average shearing strength of all rivets manufactured must be between 1001.4 and 1006.2.

Explanation:

The company manufactures rivets and it want to analyze the strength of the rivets manufactured. For this purpose the company has carried out hypothesis testing in which the confidence interval resulted to be 1001.4, 1006.2, this indicates that the average strength of each rivet must be between the two values.

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3 years ago

Select the two terms that are incorrectly formatted per the USGBC trademark policy:

Vedmedyk [2.9K]

Answer:

b. US Green Building Council

c. LEED GA

Explanation:

U.S Green building council is a non profit organization that are formed to promote sustainability within the built environment and has been releasing versions of the LEED rating systems since 2000. USGBC trademark policy are created to help our brand assets more consistently and correctly. Here, brand assets include trademark and logos. They look into every details of logo and trademark, like placement of mark, which text, intention of use, etc.

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3 years ago

Disclosure notes to a company's financial statements:

puteri [66]

Answer:

(A) Are an integral part of a company's financial statements.

Explanation:

The company financial statement involves income statement, statement of stockholder equity, balance sheet, and the cash flow statement

The disclosure notes contain the important facts and figures which are required to disclose it as it reveals the crucial information which might change the decision of the users and it cannot be shown elsewhere in the financial statement

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3 years ago

A company's had fixed interest expense of $5,000, its income before interest expense and income taxes is $17,000, and its net in

erica [24]

<span>A company's had fixed interest expense of $5,000, its income before interest expense and income taxes is $17,000, and its net income is $9,400. the company's times interest earned ratio equals to 3.4 times. $17000 / $ 5000 = 3.4 times</span>

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3 years ago