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Pavlova-9 [17]
3 years ago
15

Ramirez Corporation is subject to income tax only in State A. Ramirez generated the following income and deductions. Federal tax

able income $500,000 State A income tax expense 45,000 Depreciation allowed for Federal tax purposes 300,000 Depreciation allowed for state tax purposes 250,000 ​ Federal taxable income is the starting point in computing A taxable income. State income taxes are not deductible for A tax purposes. Ramirez’s A taxable income is:
a.$495,000.
b.$500,000.
c.$545,000.
d.$595,000.
Business
1 answer:
Alborosie3 years ago
8 0

Answer:

a. $495,000

Explanation:

Data provided

Federal taxable income = $500,000

State A income tax expense = $45,000

Depreciation Modification = $300,000, $250,000

The computation of taxable income is shown below:-

Federal taxable income + State A income tax expense - Depreciation Modification

= $500,000 + $45,000 - ($300,000 - $250,000)

= $545,000 - $50,000

= $495,000

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Answer:

The monthly production rate if a level strategy is selected with the goal of ending the fourth month with 400 units in inventory is b. 700 units/month

Explanation:

If the company operates a level production stategy and aims to have 400 units at the ending of the fourth month, then;

Opening inventory will be 100 units and monthly movement will be as follows;

Month     Opening     Demand    Produce     Closing

  1              100            -500           700       =    300

   2            300           -800            700      =    200

   3           200           -900             700       =    0

   4              0            -300              700       =  400

5 0
3 years ago
________ refers to billboards along streets and highways, as well as posters in other public locations.A) Outdoor advertisingB)
alukav5142 [94]

Answer:

A) Outdoor advertising

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Outdoor advertising are kind of advertisement that publisize the product of organization. It should be noted that Outdoor advertising refers to billboards along streets and highways, as well as posters in other public locations.

8 0
3 years ago
g The model of aggregate demand and aggregate supply explains the relationship between a. the price and quantity of a particular
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Answer:

The correct answer is the option D: real GDP and the price level.

Explanation:

To begin with, the <em>"model of aggregate demand and aggregate supply"</em> is the name given to an economy model created by John Keynes many years ago and whose main purpose is to show in a graphic the existing relationship established by Keynes between the price level and the production level. Therefore that, as it is known, the GDP comprehends the production level in this model and it is used in order to try to predict the possible effects that some external factors may have in both the real GDP and the price level.

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4 years ago
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Answer:

The correct answer is: option D

Explanation:

The degree of operating leverage (DOL) is a measure used to evaluate how a company's operating income changes after a percentage change in its sales. A company's operating leverage involves fixed costs and variable costs. It is a financial ratio that measures the sensitivity of a company’s operating income to its sales. This financial metric shows how a change in the company’s sales will affect its operating income.

There are two main formulas to calculate the DOL:

DOL= Contribution Margin/ Operating Income

or

DOL= [Qx(P-V)] / [QX(P-V)-F)

Where:

Q: the number of units

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7 0
4 years ago
What accounted for the tremendous rise in the profits of the american financial industry, from less than 10 percent of total bus
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