Answer:
A) $416,250
Explanation:
The computation of the free cash flow is shown below:
= (Cash revenues generated - cash expenses - depreciation expense) × (1 - tax rate) + depreciation expense
= ($1,300,000 - $700,000 - $75,000) × (1 - 0.35) + $75,000
= $525,000 × 0.65 + $75,000
= $416250
Simply we added the depreciation expense in the Earning after tax amount
The (Cash revenues generated - cash expenses - depreciation expense) × (1 - tax rate) is also known as Earning after tax
Answer:
Answer for the question:
The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing an annual Form 940 with the Internal Revenue Service.
Complete the following steps:
Net FUTA tax: Since this is the first pay period of the year, none of the employees are near the $7,000 ceiling; therefore, each employee’s gross earnings is subject to the FUTA tax. (The employer rate is 0.6%).
SUTA tax: Since Kipley Company is a new employer, Pennsylvania has assigned the company a contribution rate of 3.689% on the first $10,000 of each employee’s earnings.
Is given in the attachment.
Explanation:
Answer:
A
Explanation:
The Court of Appeals of Michigan reversed the trial court's decision and ruled in favor of Florence on the issue of piercing the corporate veil. The court took a tour of Shelby's company history, there was every indication that the principals treated their own liabilities as Shelby's liabilities and vice versa and intentionally undercapitalized Shelby,this caused Shelby to continually be insolvent, including at the time it contracted with Florence. Essad sworn statement was falsified in the final loan draw request to the bank, and this constituted use of Shelby for fraudulent purposes. Therefore, Florence satisfied the elements for piercing the corporate veil.
Answer:
E.)exports
Explanation:
Exports are goods and services that have been produced within the country but sold to customers in foreign nations. Exports, therefore, involves selling domestically manufactured goods and services to other countries.
Exports occur when local producers market their products outside the country. Imports are the opposite of imports. Import is the buying of foreign manufactured goods and services by the local firms and households.
Answer: A. On the curve.
Explanation:
Production possibilities curve (PPC) is simply a graphical representation that is used to show different combinations of two goods which a particular economy can produce when the economy uses the resources it has efficiently.
Points on the curve shows that the resources in an economy are efficiently used, points on the interior of the curve shows that the resources are used inefficiently while the points that are beyond the curve shows are referred to as unattainable.
Therefore, if you are using your factors of production at 100% efficiency, you will be on the curve.
The answer is A.
