1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Afina-wow [57]
3 years ago
5

Hyundai is considering opening a plant in two neighboring states. Option 1: One state has a corporate tax rate of 10 percent. If

operated in this state, the plant is expected to generate $1,420,000 pretax profit. Option 2: The other state has a corporate tax rate of 2 percent. If operated in this state, the plant is expected to generate $1,380,000 of pretax profit. a. What is the after state taxes profit in the state with the 10% tax rate?
Business
1 answer:
lana [24]3 years ago
5 0

Answer:

It seems that something is missing in question i.e b) what is the after state taxes profit in the state with the 2% tax rate.

Answer for both requirement is given below in explanation with calculation.

Explanation:

A) After tax profit where state tax is 10%

The after tax profit will be 1,278,000$ (1420000*90%)

B) After tax profit where state tax is 2%

the after tax profit will be 1,352,400$ (1380000*98%)

So we can conclude that option 2 is better because it gives greater after tax profit.

You might be interested in
What is a limited company?
Ronch [10]
Limited Company - A limited company (LC) is a general form of incorporation that limits the amount of liability undertaken by the company's shareholders.
4 0
4 years ago
An incentive conflict is when a. ​The agent and the principal have identical incentives b. ​The agent has different incentives t
ANEK [815]

Answer:

The correct answer is letter "B": The agent has different incentives than does the principal.

Explanation:

Incentive conflicts more often called principal-agent problems arise when a <em>principal </em>(stakeholder) hires an <em>agent </em>(manager) to handle businesses on behalf of the principal but the principal's interest is different from the agent's purpose.  

Agents are paid for following the principal's instructions but in most cases, when it comes to decision-making, the point of view of the agent differs from the position of the principal. The principal's point of view is typically self-biased.

8 0
4 years ago
What schedule would any gains or losses from virtual currency carry to?
astraxan [27]

The schedule that any gains or losses from virtual currency would carry to is schedule D.

According to the question we are to discuss the type of schedule needed in case of any gains or losses from virtual currency .

As a result of this we can see that schedule D which is useful in reporting a capital gains and losses on  taxes as well as loss in cryptocurrency by buying and selling is the best schedule.

Therefore, schedule D serves as schedule that any gains or losses from virtual currency would carry to.

Learn more about schedule at:

brainly.com/question/1306721

6 0
2 years ago
Now, suppose that, rather than immediately lending out all excess reserves, banks begin holding some excess reserves due to unce
gizmo_the_mogwai [7]

Answer:

The increase in reserve will ultimately lead to an increase in the money supplied.

Explanation:

From the scenario under study, the bank is greeted with uncertain economic realities. To cope with this, the bank resolves that rather than lend out excess reserves, it should rather increase the percentage of deposits held as reserve from 10% to 25%. Thus, this leads to a multiplier effect. And the reserve ratio from the forgoing is 1 to 4. That is, 1/10 to 1/4. Meaning there's a reduction in multiplier effecf of 10 to 4. And looking critically, this is a reciprocal of the new reserve ratio of 1/4

When bank hold more reserve, the ripple effect is that the Fed would buy more bonds. To increase the money supply by $200, however, the Fed will need to get a bond of $50.

The implication of this is that the bank reserve will rise in same amount. But taking the multiplier effect into cognizance, a small multiplier will be occasioned in form:

$50 * 4= $200.

Effectively, we have increased the money supply by $200, owing to the multiplier effect.

7 0
4 years ago
Read 2 more answers
Supply chain management can be described as
Dennis_Churaev [7]

Supply chain management is managing the flow of goods and services from sourcing and handling raw materials, to work in progress inventory, to finished goods from the starting point to the consumer. There is a big focus on efficiency and proper timing.

7 0
3 years ago
Other questions:
  • Can you answer these questions for the a dark horse in the global smartphone market Huawei’s smartphone strategy.
    13·1 answer
  • Total value systems work best if
    9·1 answer
  • Apakah maksud homeostasis​
    6·1 answer
  • According to Karl Marx, which type of people were known to have less money and power?
    11·2 answers
  • The excess return is the difference between the average return on a security and the average
    7·1 answer
  • On May 1, a two-year insurance policy was purchased for $12,000 with coverage to begin immediately. What is the amount of insura
    10·1 answer
  • 1. List names of all employees who are not from Department A00. 2. What is the average of all employee salaries? 3. Which employ
    5·1 answer
  • Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa
    7·1 answer
  • Atlantic bank is required to hold 10% of deposits as reserves. If the central bank increases the discount rate, how would atlant
    12·1 answer
  • allen filed his 2022 tax return on may 15th, 2023, and underreported his gross income by 30 percent. assuming allen's underrepor
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!