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tangare [24]
3 years ago
12

sales of $1.67 million, cost of goods sold of $810,800, depreciation expenses of $175,000, and interest expenses of $89,575. Ass

ume that the firm has an average tax rate of 35 percent. What is the company’s net income? Set up an income statement to answer the question.
Business
1 answer:
Hunter-Best [27]3 years ago
5 0

Answer:

Net income= 561,506.25

Explanation:

Giving the following information:

sales of $1.67 million, cost of goods sold of $810,800, depreciation expenses of $175,000, and interest expenses of $89,575.

Tax= 35 percent

We need to determine the net income.

Sales= 1,670,000

COGS= (810,800)

Gross profit= 859,200

Depresiation= (175,000)

Interest= (89,575)

EBT= 594,625

Tax= (594,625*0.35)= (208,118.75)

Depreciation= 175,000

Net income= 561,506.25

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You are a network engineer for a midsized government contractor working on a project for a national government lab. Your network
vaieri [72.5K]

Answer:

In creating a Bill of Material for the infrastructure and tools for the lab, we need to create certain test plans, by having to test applications anf devices that will work in a new environment

Infrastructures devices in the IPv6 lab is needed such as switches, routers, firewalls.

End systems are important with various operating systems and application that is hosted in a fictional network.

At the end of the day, it might be costly, but durability is rest assured on the long period of time.

Explanation:

Solution

By setting up a IPv6 and converting labs from IPv4 to IPv6 is not only tasking, but we need to create or design certain test plans.

We  test how applications and devices will work in a new environment and this set up will be like a real world environment  (scenario)

This IPv6 lab will need infrastructure devices like routers, firewalls, routers, switches.

With the addition of infrastructure devices it also needs end systems with various operating systems. and  applications that are hosted in the operational network

All these things will cost but  the durability is assured on the long period.

Setting up a full lab set up may costly but it provides an environment where we can test application and infrastructure safely.  this type of system testing will give insights to how the system will function when we allocated operationally . this will helps to reduce cost  and if we want test these for multiple labs we can develop a tunnel.

Tunnel Is nothing but a native common thing that connects all the labs that want to initiate an IPv4.

Because of time and cost both will decrease and infrastructure durability increases and performance .

6 0
3 years ago
If a U.S. citizen could buy £25,000 for $100,000, the rate of exchange for the pound would be
Natalka [10]

Answer:

<u>The rate of exchange for the £ is US$ 4</u>

Explanation:

1. Let's check the information provided to answer the question correctly:

Amount the U.S. citizen want to buy in £ = 25,000

Amount the U.S. citizen will pay in US$ = 100,000

2. Let's calculate the rate of exchange for the British pound £, this way:

Rate of exchange = Amount in US$/Amount in £

Rate of exchange = 100,000/25,000

<u>Rate of exchange = 4 US$ per £</u>

We can also express the rate for the US$, this way:

Rate of exchange = Amount in £/Amount in US$

Rate of exchange =25,000/100,000

Rate of exchange =  £ 0.25 per US$

5 0
3 years ago
Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares. Be
expeople1 [14]

Answer: $15,060

Explanation:

From the question, we are informed that Ben and Jerry were shareholders of Water Ice Inc., an S corp. On Jan. 1, 1998, Ben owned 40 shares and Jerry owned 60 shares.

We are further told that Ben sold his shares to Joe for $10,000 on March 31, 1998 and that the corp. reported a $50,000 loss at the end of 1998. The loss that will be allocated to Joe will be:

= $50,000 × 40% × 9/12

= $50,000 × 0.4 × 0.75

= $15,000

The closest figure we have close to that is $15,060 which is option B

7 0
3 years ago
Gathering information with your eyes is called
Zina [86]
This is called, visual perception.
3 0
3 years ago
Read 2 more answers
components that should be included when compiling a report to the Minister of labour about employee profile in south Africa.
Snowcat [4.5K]
Components that should be included could be total number of employees, number of staff and numbers of hourly workers, length of employment for each worker, hourly rates for the hourly workers and pay raises according to the collective bargaining, and staff salaries, and productivity of say the hourly employees like in a mine, tonnes produced per manhour for the miners at the face or in the open pit for example.
7 0
3 years ago
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