The correct answer is "compliance influence".
Compliance Influence refers to the influence of other individuals to follow their requests, which has been made by one's peer or other people. In this given situation, it is not about behavior or attitude, yet it is about asking for feedbacks for him to consider some changes in his routine.
Answer:
113,000.
Explanation:
Let go through all the items to see whether we need to include them in the initial outlay or not.
(1) $100,000 worth of equipment => Yes
(2) Shipping will cost $5,000 and installation will cost $8,000 => Yes (Add to purchase price of equipment)
(3) Paid a management consultant $4,000 to analyze this project => No =>This is sunk cost (already incurred regardless of accept or reject the prject)
(4) Increase sales by $20,000 per year => No => under operating cashflow.
(5) $3,500 to train the employees to use the new equipment => No => under operating cashflow.
So, total initial outlay = 100,000 + 5,000 + 8,000 = 113,000.
Answer:
Explanation:
Amount realized on sale:
Cash $75,000
Purchaser’s note 675,000
$750,000
Adjusted basis (535,000)
Gain realized on sale $215,000
b. $215,000 gain realized ÷ $750,000 contract price = 28.67% gross profit percentage.
Cash received in year of sale:
Cash at closing $75,000
August principal payment 33,750
$108,750
Gain recognized (108750*28.67%) $31,179
A. Book gain $215,000
Tax gain (31,179)
Book/tax difference $183,821
B. $183,821 × 35% = $64,338 deferred tax liability
The excess of book gain over tax gain is a favorable difference.
Answer: $13,200
Explanation:
Given that,
Contributing to a traditional IRA = 7 years
Total in account = $30,000
Withdrawal from IRA to help pay for the car = $20,000
marginal tax bracket = 24 percent
Therefore,
After tax withdrawal:
= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000
= $20,000 - 0.1 × 20,000 - 0.24 × 20,000
= $20,000 - 2,000 - 4,800
= $13,200
The most likely answer is option 3
