Answer: $300,000
Explanation:
Given that,
Taxable income,
First quarter = $100,000
Second quarter = $50,000
Third quarter = $90,000
we need to annualized the cumulative taxable income of first half of the year that will have taxable income for the first and second quarters.
Annualizing the cumulative taxable income:
= 2 × (First quarter taxable income + Second quarter taxable income)
= 2 × ($100,000 + $50,000)
= $300,000
Therefore, Omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment is $300,000.
And example of a chemical change would be mixing carbon and oxygen or two chemicals together and getting a reaction. Or the reaction of paper burning in the fire
Answer:
Consumer Products Division's residual income in May is $2,600
Explanation:
Residual Income is the dollar amount of the divisional operating profit over its cost of acquiring capital to purchases its operating assets.
Residual Income = Operating Income - (Operating Assets × Cost of Capital)
Therefore,
Residual Income = $133,100 - ($1,450,000 × 9.00%)
= $2,600
1.) Commercial Bank
2.)Advisory Firms
3.)Mutual Funds
4.)Insurance Companies
