Answer:
the 4 key aspects
Explanation:
ethical, legal, economic and philanthropic.
This would be the calculation since you said that PA is your
state:
Gross Pay – 50,000
Tax deferred retirement - -
Caferteria - -
Circumstance options – (10,400)
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Taxable income – 39,600
Federal Income Tax – 5,553.75
California State Income Tax – 1,535
Social Security – 3,100
Medicare tax – 725
Additional Medicare tax – 0
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Take home pay – 39,086.25
Deduct the gross pay to the take home pay, to know the
amount of tax = 50,000 – 39,086.25
=10,913.75
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Answer:
The answer is D. $1,192,000 net cash inflow
Explanation:
For financing activities under cash flow, inflows are what is coming in like issuance of bond, obtaining loan from bank. This money is coming into the business for investments and outflows are what is going out of the business e.g paying dividend to shareholders.
The inflows here are:
The issuance of 20,000 shares of $1 par common stock for $40 per share which is $800,000(20,000 shares x $40 per share) and also the long-term notes payable of $440,000
Therefore total inflows are $800,000 + $440,000
=$1,240,000
There is only one outflow which is the dividends of $48,000
So what will be reported under cash flows from financing activities is
$1,240,000 - $48,000
= $1,192,000
Answer:
CD: 41,500
Bonds: 49,500
Explanation:
Base on the information we are given, we can create an equation system:
The total investment in bonds and certificates of deposit totals 91,000
and the amount investment on bonds are 8,000 higher than Certificates of deposit
<u>We replace the bonds of the second equation on the first equation:</u>
CD + (CD + 8,000) = 91,000
<u>And solve for certificates of deposits</u>
2CD = 91,000 - 8,000
CD = 83,000/2 = 41,500
<u>Now, we replace the CD on the second equation</u>
Bonds = CD + 8,000
Bonds = 41,500 + 8,000 = 49,500