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Vera_Pavlovna [14]
3 years ago
6

Annie invested in a set of stocks and made $4,000 in profit. She has learned that she will have to pay taxes on the profit she h

as made. Here are the tax rates affecting Annie’s investment: State tax: 5% Federal tax: 25% Annie must pay in taxes to the state government on her investment. She also must pay in taxes to the federal government. As a result of the money she will lose to taxes, the real value of Annie’s profit is
Business
2 answers:
Temka [501]3 years ago
8 0
State tax is 5%, so 0,05
0,05•4000=200$

Federal tax is 25% so 0,25
0,25•4000=1000$

Total of taxes to pay =1000+200=1200$

So the real profit will be
4000-1200=3800$

The real value of Annie's profit is 3800$



kodGreya [7K]3 years ago
4 0

To solve:

State tax is 5% - you need to first find how much of the $4,000 goes to state tax: $4,000 x 5% = $200

Next find the Federal tax of 25% - $4,000 x 25% = $1,000

Next add the two tax amounts that are being taken out of Annie's paycheck together: $1,000 + $200 = $1,200

Finally, subtract the tax amount of $1,200 from $4,000 = $2,800

The real value of Annie's profit is $2,800 due to the amount of taxes taken out of her paycheck.

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Regarding the relationship between inventory management and JIT systems, which of the following (if any) are true?
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Answer:

Options A and D are true.

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  • <u>JIT systems work very well if supplier and manufacturer inventory systems can be integrated into one system.</u>

Explanation:

Doing JIT accurately infers having exact interest gauges and attention to buyers' buying propensities consistently. Any miscomputation could have a significant negative effect on business capacities.  

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7 0
3 years ago
A year​ ago, the Really Big Growth Fund was being quoted at an NAV of ​$22.28 and an offer price of ​$23.45. ​Today, it's being
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Answer:

9.85%

Explanation:

Data provided in the question:

Initial Offer price = ​$23.45

Current NAV = ​$22.28

Dividends and capital gains distributions over the year  = $1.09 per​ share

Now,

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= [Current NAV + Dividends and capital gains distributions - Initial Offer price ] ÷ Initial Offer price

= [ $24.67 + $1.09 - $23.45 ] ÷ $23.45

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3 years ago
Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p
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Answer and Explanation:

a. The preparation of the sales budget is prepared below:-

                                            <u>Sonic Inc.</u>

                                          <u>Sales budget</u>

<u>Particulars          </u>Unit  Sales<u>           Unit Selling price     Total Sales </u>

                              <u>Volume</u>

Model Rumble:    

East Region          12,000                 $60                        $720,000

West Region         14,000                 $60                        $840,000

Total                                                                                 $1,560,000

Model Thunder:    

East region             3,500               $90                           $315,000

West region            4,000               $90                           $360,000

Total                                                                                   $675,000

Total revenue from sales                                                  $2,235,000

To reach the total revenue from sales we simply added the total of model rumble with a total of model thunder.

b. The Preparation of the production budget is shown below:-

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                                          <u>Production budget</u>

<u>Particulars </u>                    Units Model            Units Model

                                         <u> Rumble</u>                    <u>Thunder </u>

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sold                                       26,000                    7,500

                                     (12,000 + 14,000)      (3,500 + 4,000)

Add: Desired ending

inventory                                500                             250

Total units required               26,500                       7,750

Less: Beginning inventory      750                            300

Total units to be produced    25,750                     7,450

So, to reach at total units to be produced we simply deduct the beginning inventory from total units required.

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