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malfutka [58]
3 years ago
15

What is total taxable income

Business
1 answer:
Dimas [21]3 years ago
4 0

Taxable income, generally speaking, is the gross income of an individual or corporation, less any allowable tax deductions. Your taxable income is, in other words, the amount of your income that is subject to income tax.


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Drag the tiles to the correct boxes to complete the pairs.
scZoUnD [109]
Can help in a emergency = using saving account money
establishing good credit = using credit cards
does not require planning = making impulse purchases
can result in crushing interest expenses = obtaining a loan for a major purchase
Hopefully this helped!
8 0
3 years ago
The evolutionary development of the species H. sapiens a. is determined solely by environmental factors b. is a Mendelian trait
IRISSAK [1]

Answer:

The correct answer is letter "C": is the result of both genetic and environmental factors.

Explanation:

There have been several studies about human evolution as a species. It is inevitable to relate this topic to the prominent findings of Charles Darwin (1809-1882) in his book "<em>On the Origin of Species by Means of Natural Selection, or the Preservation of Favoured Races in the Struggle for Life</em>" or simply known as the <em>Origin of species</em>. Mainly, Darwin sustained that, in general, <em>species' evolution happens thanks to environmental adaptations that are transmitted from one generation of a species to another in their genetics.</em>

7 0
4 years ago
ritchett Co. reported the following year-end data: Cash $ 15,000 Short-term investments $ 5,000 Accounts receivable (current) $
ratelena [41]

Answer:

a.

The current ratio is 2.7

b.

The acid-test ratio is 1.7

Explanation:

a)

The current ratio is a ratio to measure the liquidity of a firm. The current ratio calculates the amount of current assets per every $1 of current liability.

Current ratio = Current assets / Current Liabilities

Current ratio = (15000 + 5000 + 8000 + 20000 + 6000) / 20000

Current ratio = 2.7 or 2.7 : 1

b)

The acid test ratio is also a measure of liquidity that only takes into account the most liquid asset in calculation of the ratio and it excludes the inventory in the calculation.

Acid test ratio = (Current assets - Inventory) / Current liabilities

Acid test ratio = (15000 + 5000 + 8000 + 6000) / 20000

Acid test ratio = 1.7 or 1.7 : 1

6 0
4 years ago
You make the following deposits for the next five years into an investment account. All deposits are made at the end of the year
galina1969 [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

First investment:

5 deposits for 5 years at an interest rate of 10%.

Second investment:

Lump-sum for 25 years at an interest rate of 8%.

We weren't provided with the value of the deposits, but I can provide the formulas and an example.

<u>First investment:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit= $2,000

FV= {2,000*[(1.10^5)-1]} / 0.10

FV= $12,210.2

<u>Second investment:</u>

FV= PV*(1+i)^n

FV= 12,210.2*(1.08^25)

FV= $83,621.25

8 0
3 years ago
Adjusts the accounts at the end of each month. cruella's adjusting entry at the end of february should include a debit to rent e
Sauron [17]

After each month, adjust the accounts. Cruella's adjusting entry at the end of February should include a debit to rent expense for $100.

<h3>What is an adjusting entry?</h3>

Adjusting entries refer to a set of journal entries recorded at the end of the accounting period to have updated and accurate balances of all the accounts. The main purpose of adjusting entries is to communicate an accurate picture of the company’s finances. The management can have a proper look into the financial statements knowing that Everything that occurred during the month is reported, even if the financial part of the transaction would have been warranted to have occurred at a later stage.

To learn more about adjusting entries, visit;

brainly.com/question/4035835

#SPJ4

8 0
2 years ago
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