Answer:
The corporation's tax liability is $ 228,820.
Explanation:
To calculate tax liability we first have to find net profit. Detail calculation is given below.
<u><em>Net profit Calculation</em></u>
Sales $ 3,130,000
cost of goods sold and the operating expenses ($ 2,080,000)
Interest expense ( $ 377,000)
Net profit $ 673,000
<u><em>Tax liability Calculation</em></u>
Income fall under Tax bracket of 34% ($75,001 to $10,000,0000 for corporate tax. No additional surtax will be charged as income do not fall under its net.
Tax liabilty = 673,000 * 34% = $ 228,820
Answer:
The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.
Explanation:
It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.
Answer:
modified product - multiple markets
Explanation:
This type of strategy consists of offering different products, which are modified versions of some exiting product, to new markets.
In this case, the improved version of the wood wax is a modified version of the old wood wax, and is going to be targeted to a new and specific market (antique owners), while the original version is still going to be targeted at the current market.
Answer:
23,750 units
Explanation:
The computation of the break even point in unit sales is shown below
Break even point = (Fixed expenses) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
The variable expense per unit is
= (Sale revenue - fixed expenses - net operating income) ÷ (Number of sales units)
= ($280,000 - $17,000 - $95,000) ÷ ($280,000 ÷ 10 per unit)
= ($280,000 - $17,000 - $95,000) ÷ (28,000 units)
= $6 per uni
And, the fixed expenses is $95,000
Now put these values to the above formula
So, the value would equal to
= ($95,000) ÷ ($10 - $6)
= 23,750 units
Military? I mostly think it's law enforcement?
