Answer:
$740.8
Explanation:
To answer this question the following steps are undertaken
1) We consider the Marginal tax bracket Art falls within. And it becomes obvious that his bracket in 2020 is higher than that of 2019. The implication of this discovery is that claiming expenses in 2020 will save more taxes for Art than in 2019.
2) What is his tax savings in 2020 = $10,000 x (0.32-0.24) = $800
Finally, since the present value of tax savings is 0.926
Then the tax savings to realize for 2020 is
$800 x 0.926 = $740.8
Answer:
a. increases the real interest rate, which reduces private investment spending.
b. is not a major concern, because the Fed will likely lower the real interest rate when actual output is far below potential.
Explanation:
Increase in government spending means that the government would probably have to borrow money from the credit market. Because the government is so large, it will borrow in large amounts which would force rates to rise. At these higher rates, the private sector might find it too expensive to borrow money and so would be crowed out such that they reduce their investment spending.
When the economy is facing an output that is lower than potential, the Fed will engage in monetary policy aimed at reducing interest rates to improve investment spending. This therefore negates the effect of crowing out which means that it would no longer be a major concern.
Cash flow accessible Catering Corp. reported $8 million in free cash flows for 2013 and a $2 million investment in operating capital.
What exactly is free cash flow?
In corporate finance, free cash flow or free cash flow to the firm is the amount by which a company's operating cash flow exceeds its demands for working capital and fixed asset expenditures. The cash generated by a company after deducting cash outflows for operating expenses and capital asset upkeep is referred to as free cash flow (FCF).
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A mutual aid agreement is one in which comparable organizations consent to take over one other's processes in the event of a crisis.
<h3>mutual aid arrangement is what?</h3>
Mutual aid contracts provide the framework through which two or more organizations may share resources. Mutual assistance agreements may permit assistance to be given within two or even more neighboring municipalities, between governments, between federal departments, and/or globally. They may also provide assistance to be given among all authorities within a state.
<h3>What serves as the basis for mutual aid?</h3>
The concept and practice of mutual aid is founded on the values of direct action, collaboration, understanding, and solidarity. Mutual help, as opposed to charity, is the development and maintenance of new social networks where people contribute what they have and receive what they need, free from oppressive systems of authority.
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Answer:
$415 underapplied (debit balance)
Explanation:
Predetermined OH rate =
$116,500/$124,500 = 93%
OH applied = $114,500(.93)
= $106,485
Applied $106,485– Actual $106,900
= $415 underapplied (debit balance)
Therefore the entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount, would include $415 underapplied (debit balance)
