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3 years ago

6

Imagine that you earned $8,425 in one year. If the government enforces a 15% income tax, how much money would you owe in taxes a

t the end of the year? Show your work. (5 points)

1 answer:

wlad13 [49]3 years ago

4 0

Answer:

$1, 263. 75

Explanation:

If annual income is $8,425 and the tax rate is 15%,

Annual Tax would be 15% of $8,425

=15/100 x $ 8425

=0.15 x 8, 425

=$1, 263.75

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Bill Dukes has $100,000 invested in a 2-stock portfolio. $50,000 is invested in Stock X and the remainder is invested in Stock Y

ohaa [14]

Answer:

the portfolio´s beta is 1.65

Explanation:

when the individual calculation of beta has been given, is possible to aggregate them as a weigthed average, so it is possible to apply te next formula

$Beta Portfolio=w_{1} *\beta _{1}+ w_{2} *\beta _{2} + .... + w_{n} *\beta _{n}$

where w is the weigthed value for each asset, in this particular case we have:

$Beta Portfolio = \frac{50.000}{100.000}*1.50 +\frac{50.000}{100.000}*1.70$

so with this result we get 1.65

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3 years ago

Cost of Goods Sold Budget Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budge

tresset_1 [31]

Answer:

Cost of Goods Manufactured = $1,797,100

Explanation:

Cost of Goods Sold Budget

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Less: Direct material inventory June 30 $(12,700)

Cost of Direct materials in use: $1,371,300

Direct labor $164,700

Factory Overhead $247,100

Total Manufacturing Cost $1,807,000

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less: work in process inventory June 30 $(9,900)

Cost of goods manufactured $1,797,100

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3 years ago

Read 2 more answers

Importers' bank usually issues a ________ to importers in international transactions.

Nezavi [6.7K]

<span>Importers' bank usually issues a letter of credit to importers in international transactions.

A letter of credit is issued by a bank, most common from another country, to guarantee the payment to be made under agreeable circumstances. This is a way to ensure and product the two people doing business that one will get the items and one will be paid for them. </span>

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3 years ago

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Irina-Kira [14]

Answer:

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3 years ago

Airline F leases all its aircraft under finance leases. Airline O leases all its aircraft under operating leases. Assuming that

Usimov [2.4K]

Answer: e. Airline O has less lease assets at the inception of the lease

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3 years ago