Maybe you should start working on them now because if you don’t then it’s going to be on you. And you’ll have to redo whatever the class
Answer:
$15,850
Explanation:
Particulars Amount
Sales revenues, each year $40,000
Less : Depreciation $10,000
Less : Other operating costs <u>$17,000</u>
EBIT $13,000
Less : Interest expense <u>$4,000</u>
EBT/PBT $9,000
Less: Tax at 35% <u>$3,150 </u> ($9,000*35%)
PAT $5,850
Add: Depreciation <u>$10,000</u>
Cash flow after taxes <u>$15,850</u>
Answer:
Total overhead= $17,600
Explanation:
Giving the following information:
Variable manufacturing overhead $ 1.65
Fixed manufacturing overhead $ 11,000
Units produced= 4,000
<u>The total overhead is the sum of the total variable cost and the total fixed costs.</u>
Total overhead= 1.65*4,000 + 11,000
Total overhead= $17,600
Answer:
Kindly check explanation
Explanation:
The regression model :
Y; = Bo + BiX; + ui
ui in the regression model represents other underlying factors aside the model variables which may affect the final exam score of student. These factor will almost likely vary from student to student and may include factors such as ; rate of assimilation, natural brilliance, psychological factors and so on.
E(ui|X) = 0 ; because ui and Xi are independent.
The estimated model is Y; = 49+0.24X;.
i. Based on the estimated model, predict the average score of students given 90 minutes.
X = 90 minutes
Y; = 49+0.24(90)
Y = 70.6
Repeat for 120 minutes and 150 minutes.
X = 120 minutes
Y; = 49+0.24(120)
Y = 77.8
X = 150 minutes
Y; = 49+0.24(150)
Y = 85
ii. Compute the average predicted gain in score for a student who is given an additional 10 minutes on the exam.
Gain in score for student Given additional 10 minutes :
Gain in score for X = 10
0.24X
= 0.24(10)
= 2.4
Answer:
Sumika has to file tax return since the income she earned from her internship of $12,400 is greater than the threshold for earned income which is $12,200.
Explanation:
A tax return is a form that needs to be filed by with a taxing authority as proof of income, expenses and tax deductions. The tax returns allow the tax payer to determine how much tax they are required to pay, when to make such payments and refunds for paying above the required amount. Nit everyone is eligible to file for tax returns depending on the individual and the laws governing tax payments. In the U.S for example, the are factors that determine whether your are eligible to file tax return or not. They are;
1. If one is listed as a dependent
2. Marital status; married or single
3. Age
4. Whether one is blind or not
So the gross income of an individual is checked against the above factors for that particular individual to determine the minimum threshold within which he/she should file tax returns. Generally anyone who is single, or someone claims you as a dependent, or you are not 65 or older or blind you can file your tax returns depending on your income. If your unearned income is greater than $1,100 and your earned income is also greater than $12,200, then you are eligible for filing tax returns. Unearned income is income generated from investments not directly related to employment while earned income is income that one has to work for. Sumika, James, Sean, and Amy's income is earned income. The only person who is suppossed to file tax returns is Sumika since her income ($12,400) is greater than the threshold for earned income ($12,200).
