The denominator of the fixed asset turnover ratio is AVERAGE FIXED ASSET.
The fixed assert turnover ratio refers to the ratio of sales to the value of fixed asset of a company. The ratio is very important in evaluating how a company is using its fixed assets to generate sales.
Mathematically, fixed asset turnover ratio = Net sales / Average fixed assets.
The numerator is net sales while the denominator is average fixed asset.
24% will be the tax bracket for her. The marginal tax rate is the tax rate you pay on every dollar of additional income. Individuals' federal marginal tax rate in the United States rises as their income rises. As one's income rises, the last dollar earned is taxed at a higher rate than the first.
This method of taxation, known as progressive taxation, aims to tax individuals based on their earnings, with low-income earners paying a lower rate than higher-income earners. Under a marginal tax rate, taxpayers are typically divided into tax brackets or ranges, which determine the rate applied to the tax filer's taxable income.
However, how much of an individual's income is taxed depends on more factors than just their marginal tax bracket. Instead, income taxes are calculated progressively, with a range of income levels subject to a certain rate for each bracket.
To learn more about marginal tax, click here
brainly.com/question/10798743
#SPJ4
<span>La cultura de los Estados Unidos Coalesced es principalmente occidental, pero está influenciada por las culturas africanas, nativas americanas, asiáticas, polinesias y latinoamericanas. También tiene sus propias características de convivencia y culturales, como el dialecto, la música, las artes, los hábitos de convivencia, la cocina y el folclore. Los Estados Unidos de América son países étnicamente y racialmente diversos como resultado de una migración astronómicamente inmensa desde muchos países a lo largo de su historia. Muchos elementos culturales estadounidenses, especialmente de la cultura popular, se han extendido por todo el mundo a través de los medios de comunicación modernos.</span>
Answer:
$117,201
Explanation:
Calculation for what The cost basis recorded in the buyer's accounting records to recognize this purchase is
Using this formula
Cost basis=Cash+Note payable+Mortgage
Let plug in the formula
Cost basis=$32,829+$26,957+$57,415
Cost basis=$117,201
Therefore The cost basis recorded in the buyer's accounting records to recognize this purchase is $117,201
