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liubo4ka [24]
4 years ago
12

The Sapote Corporation is a manufacturing corporation. The corporation has accumulated earnings of $450,000 and the corporation

cannot establish a reasonable business need for any of that amount. What is the amount of the accumulated earnings tax (if any) that will be imposed on the corporation?
Business
1 answer:
Eduardwww [97]4 years ago
3 0

Answer: $40,000

Explanation:

As this is a manufacturing company, they are exempt of Accumulated earnings tax of the amount of $250,000. Anything above that will be subject to an Accumulated Earnings tax rate of 20%.

Accumulated Earnings tax = 20% * (450,000 - 250,000)

Accumulated Earnings tax = 20% * 200,000

Accumulated Earnings tax = $40,000

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What three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network
Aleksandr [31]

The three logistics-related costs are relevant when analyzing the choice of number of facilities in a distribution network C) inventory costs, transportation costs, and facility costs.

<h3>What is logistic?</h3>

Logistic is the process of transporting the goods as well as the services of the company.

Therefore, the cost involves are:

  • inventory costs
  • transportation costs
  • facility costs.

Learn more about logistics-related costs at:

brainly.com/question/25885810

#SPJ1

5 0
2 years ago
Describe positive and negative outcomes that can result from societal, political, and cultural differences when managing a corpo
loris [4]

Explanation:

The positive risks when managing a corporation depending on the continent could be the innovation or creativity that I can bring depending on the culture and customs of each of these continents, the adaptation to cultural, political and organizational changes depends on me, so I must be adaptable and be interested in adjusting the patterns of my corporation to the customs of each continent.

The negative impact could be generated by not being able to advance with the corporation by following and complying with each of the administrative laws that require it, not being able to adapt to local customs, the tastes of the corporations and the culture of each continent could generate stress and in instead of moving back in the project.

5 0
3 years ago
Two years ago, Kimberly became a 30 percent partner in the KST Partnership with a contribution of investment land with a $12,750
bagirrra123 [75]

Answer:

a. What is the amount and character of Kimberly's recognized gain or loss on the distribution?

Kimberly's capital gain = land's FMV - other land's FMV = $22,675 - $19,850 = $2,825

b. What is Kimberly’s remaining basis in KST after the distribution?

Kimberly's basis = basis + gain - land basis = $18,300 + $2,825 - $15,575 = $5,550

c. What is KST's basis in the land Kimberly contributed after Kimberly receives the distribution?

KST's basis on the land = land's basis + Kimberly's gain = $12,750 + $2,825 = $15,575

5 0
3 years ago
If the economy's actual GDP is greater than its potential GDP, then there is high unemployment in that economy. Group of answer
DanielleElmas [232]

Answer:

FALSE

Explanation: GDP( GROSS DOMESTIC PRODUCT) is a Macroeconomics concept which means the total value of a country's product calculated within a specific time.

REAL GDP: is a measure of the values of a country's products adjusted according to inflation.

POTENTIAL GDP is theoretical concept which is the value of what a country can produce at a constant inflation rate.

When REAL GDP IS GREATER THAN POTENTIAL GDP THE COUNTRY IS AT MORE THAN FULL EMPLOYMENT.

7 0
3 years ago
Read 2 more answers
Jose gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insura
Slav-nsk [51]

Answer:

$568

Explanation:

Gross salary = $630

Social security tax = 6.2%

Medicare tax = 1.4%

Health insurance = $14.20

We add up what is paid as tax

= 6.2 + 1.4 = 7.6%

7.6% of $630

= 0.076 x 630

= $47.88

So he pays tax of 47.88 dollars from his gross salary

We add his tax to what he pays for health insurance

= 47.88 + 14.20

= $62.08

the formula for net pay:

gross salary - deductions

= $630 - $62.08

= $567.92

this is approximately $568

thank you!

5 0
3 years ago
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