Based on the information given the tax cost is: c. $10,340.
<h3 /><h3>Tax cost</h3>
Using this formula
Tax cost=(Amount withdrew×Marginal tax)+ Premature withdrawal penalty
Let plug in the formula
Tax cost=x ($22,000 × 37%) + $2,200
Tax cost=$8,140+$2,200
Tax cost=$10,340
Inconclusion the tax cost is: c. $10,340.
<h3 />
Learn more about tax cost here:brainly.com/question/9437038
The prices become higher when a desirable item is auctioned because the demand of the item rises when more people want it and only one person can get it. When this happens the price will rise immensely because the buyer wants it more than the other people so they bid higher to win the auction.
Answer:
Their net operating income for the year was $39,628
Explanation:
Flip or Flop's net operating income for the year = Gross revenue - Cost of Goods Sold - Operating expenses
Their Cost of Goods Sold (COGS) was 21% of gross revenue, therefore:
Cost of Goods Sold = 21% x $93,200 = $19,572
The company has operating expenses for this same period of $34,000.
Net operating income for the year = $93,200 - $19,572 - $34,000 = $39,628
Answer:
The amount of the last dividend paid by this company was $1.30/share.
Explanation:
Hi, in order to find the last dividend paid by the company, we need to use the following equation.
Where:
Do = Last dividend paid
r = Market rate of return
g = annual growth rate
So, everything should look like this.
Therefore, the last dividend paid by the company was $1.30/Share.
Best of luck
Answer:
Tell them what you stand for and what you have done. Tell them what you want to do.
Explanation:
