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DiKsa [7]
3 years ago
11

The income and expenses of a corporation for federal income tax purposes are referred to as what type of income?a. nontaxableb.

accountingc. tax
Business
1 answer:
weeeeeb [17]3 years ago
4 0

Answer:

The correct answer is letter "C": tax.

Explanation:

The Federal Income Tax is collected by the U.S. <em>Internal Revenue Service</em> (<em>IRS</em>) based on the annual earnings of individuals, corporations and all legal entities. It is considered to be the largest source of revenue for the government. In general, they are called taxes.

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A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total as
kvasek [131]

A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.

There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.

Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.

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4 0
2 years ago
Which ICS functional area tracks resources, collects and analyzes information, and maintains documentation?
igor_vitrenko [27]

Answer:

The correct answer is a) planning

Explanation:

The functional area that tracks resources,  collects and analyzes information, preparing incident action plans, documenting incident action plans and maintains documentation is the planning section.

And is supervised for the section chief of this ICS functional area

8 0
3 years ago
______ allows you to earn money while caring for your own children.
aleksley [76]
A family day care allows you to make money while caring for your own children
7 0
3 years ago
Read 2 more answers
Assume that at the end of the next year, Company A will pay a $2.00 dividend per share, an increase from the current dividend of
Bezzdna [24]

Answer:

The  value of the stock is $28.57

Explanation:

Data provided in the question:

Dividend paid at the end of the year, D1 = $2.00 per share

Increase in dividend = $1.50 per share

Growth rate, g = 5% = 0.05

Required rate of return = 12% = 0.12

Now,

Price with constant Dividend Growth model = D1 ÷ ( r - g )

= $2 ÷ ( 0.12 - 0.05 )

= $28.57

Hence,

The  value of the stock is $28.57

4 0
3 years ago
The mere existence of natural resources in a country does not contribute to economic progress unless some conditions prevail.sta
denis-greek [22]

Answer:

ᴀꜱ ᴡᴀʀᴍ ᴀꜱ ꜱᴜɴ

ᴀꜱ ꜱɪʟʟʏ ᴀꜱ ꜰᴜɴ

ᴀꜱ ᴄᴏʟᴅ ❄️ ᴀꜱ ᴀ ᴛʀᴇᴇ

ᴀꜱ ꜱᴄᴀʀʏ ᴀꜱ ꜱᴇᴀ

ᴀꜱ ʜᴏᴛ ᴀꜱ ꜰɪʀᴇ

ᴀꜱ ᴄᴏʟᴅ ᴀꜱ ɪᴄᴇ

ꜱᴡᴇᴇᴛ ᴀꜱ ꜱᴜɢᴀʀ

ᴀɴᴅ ᴇᴠᴇʀʏᴛʜɪɴɢ ɴɪᴄᴇ

ᴀꜱ ᴏʟᴅ ᴀꜱ ᴛɪᴍᴇ ⌛

ᴀꜱ ꜱᴛʀᴀɪɢʜᴛ ᴀꜱ ʟɪɴᴇ ➖

ᴀꜱ ʀᴏʏᴀʟ ᴀꜱ ᴀ ᴀɴɢᴇʟ☺️

ᴀꜱ ʙᴜᴢᴢᴇᴅ ᴀꜱ ʙᴇᴇ

ᴀꜱ ꜱᴛᴇᴀʟᴛʜ ᴀꜱ ᴛɪɢᴇʀ

ꜱᴍᴏᴏᴛʜ ᴀꜱ ɢʟɪᴅᴇʀ

ᴘᴜʀᴇ ᴀꜱ ʜᴇᴀʀᴛ ❤️

ᴘᴜʀᴇ ᴀꜱ ɪ ᴡᴀɴɴᴀ ʙᴇ

Explanation:

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3 years ago
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