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GarryVolchara [31]
3 years ago
9

If 2G Robotics is bought by another firm and Gillham decided to allocate a total of 400 points to employees, and the value of th

e trust at the time of a buyout is set at $300,000, then how much can a ten year programmer (who worth 27 points) get? (type the number without using comma or period)
Business
1 answer:
Darina [25.2K]3 years ago
7 0

Answer:

The programmer can get $20,250

Explanation:

Take the amount of 300,000 multiple by the point the programmer is worth then divide by the total points for the employees.

300000*27/400= 20250

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This year, Santhosh, a single taxpayer, estimates that his tax liability will be $100,000. Last year, his total tax liability wa
Alekssandra [29.7K]

Answer:

a) Is Santhosh required to increase his withholding or make estimated tax payments this year to avoid the underpayment penalty?

  • No he is not required to make any payments or increase his withholdings because this year's withholdings already represent a 133% increase with respect to last year's tax liability. If the withholdings for the current are over 100% last year's tax liability, then the taxpayer doesn't need to make any further adjustments in order to avoid underpayment penalties.

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6 0
3 years ago
Irish Corporation issued (sold) 15,000 shares of common stock for $65 per share. The bylaws established a stated value of $5 per
Orlov [11]

Answer:

the amount of increase in the common stock is $75,000

Explanation:

The computation of the amount of increase in the common stock is shown below;

= Number of shares of common stock sold × stated value per share

= 15,000 shares × $5 per share

= $75,000

Hence, the amount of increase in the common stock is $75,000

3 0
3 years ago
Assume the Runnng Shoes division of the Shoes Corporation had the following results last year (in thousands). Management's targe
vivado [14]

Answer: 180%

Explanation:

Return on investment = (operating income/sales) x (sales/total assets)

=>  operating income / total assets

given Operating income=1,800,000

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Current liabilities.=810,000

Return on investment=1,800,000/1,000,00=1.8 X 100= 180%

4 0
3 years ago
Lenny's Landing has a net Section 1231 gain in the current year of $12,000. In the previous five years, there are $3,000 in unre
Ratling [72]

Answer:

As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.

Explanation:

The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:

Capital Gain for the year = Gain Before unrecaptured losses   -  Carried Forward Losses

By putting values, we have:

Capital Gain for the year = $12,000  -  $3,000 = $9,000

The resultant $9,000 would be the capital gain for the year.

7 0
3 years ago
Management has a legal and professional responsibility to be sure that the financial statements are prepared in accordance with
Triss [41]

Answer:

a. True

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An accounting framework represents a set of criteria that is used to measure, interpret, and disclose the information that appears in an organization's financial statements.

The law of several nations mandates the Management of a company to prepare and present their financial statements in accordance with the laws of the nation. Since the law mandates this, it makes it a legal requirement.

3 0
3 years ago
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