Describe how a small business might<br> use innovation to create new jobs

For Crafton Company, indirect labor is budgeted for $57,000 and factory supervision is budgeted for $65,000 at normal capacity o

Masteriza [31]

Answer:

$124,700

Explanation:

Indirect labor budgeted is $57,000

Factory supervision is $65,000

The normal capacity is 142,500

Direct labor 145,000

Therefore the flexible budget can be calculated as follows

= 57,000+65,000/142,500

= 122,000/142,500

= 0.86

0.86×145,000

= 124,700

Hence the flexible budget is $124,700

4 0

3 years ago

Roberta santos, age 41, is single and lives at 120 sanborne avenue, springfield, il 60781. Her social security number is 123-45-

viktelen [127]

The divorce decree provides that roberta is to pay state income tax.

<h3>What is state income tax?</h3>

In addition to the federal income tax collected by the United States, the majority of individual states in the United States collect a state income tax. Some municipal governments also levy an income tax, which is frequently based on state income tax calculations. Individual income taxes are levied in 42 states and many localities around the United States.

The federal government collects federal income taxes, whereas individual states collect state income taxes where a taxpayer lives and generates income.

A state income tax is a direct tax imposed by a state on income produced within or outside of the jurisdiction. It may mean all of your money earned anywhere in your state of residence. Like federal tax, state income tax is self-assessed, which means taxpayers file required state tax returns

To know more about state income tax follow the link:

brainly.com/question/1775528

#SPJ4

5 0

1 year ago

Which of the following is not a condition that must be satisfied before interest capitalization can begin on a qualifying asset?

Katena32 [7]

Answer:

The answer is D.

Explanation:

Cost of an asset includes the purchase price and other cost that are necessary to get the asset ready for its intended use and all these costs must be capitalized. Interest (borrowing cost) according to IAS 23( borrowing cost) states Interest directly involved in acquisition or construction or producing of qualifying assets must be capitalized i.e included in the cost of the asset.

3 0

3 years ago

Which statements describe options for exporting query data? Select all that apply.

Sergeu [11.5K]

Answer:

1)Copy a database object and paste it into a new program

3) Save a single database object in a new file type, such as .csv

Explanation:

4 0

3 years ago

You are offered $900 five years from now or $150 at the end of each year for the next five years. If you can earn 6 percent on y

wolverine [178]

Answer:

When interest rate is 6%, i would choose to collect $900 in five years because the present value of this option is greater than the present value of the second option

When interest rate is 14%, I would choose to collect $150 per year for 5 years because the present value of this option is greater than the present value of the first option

Explanation:

To determine which option ii would accept, the present value of the cash flows have to be determined

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 to 4 = 0

Cash flow in year 5 = $900

Present value when interest rate is 6% = 672.53

Present value when interest rate is 14% = 467.43

Cash flow each year from year 1 to 5 = $150

Present value when interest rate is 6% = $631.85

Present value when interest rate is 14% = 514.96

When interest rate is 6%, i would choose to collect $900 in five years because the present value of this option is greater than the present value of the second option

When interest rate is 14%, I would choose to collect $150 per year for 5 years because the present value of this option is greater than the present value of the first option

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

7 0

3 years ago

Describe how a small business might use innovation to create new jobs