Answer:
$17,724.50
Explanation:
The computation of the gross tax liability is shown below:
The tax schedule for 2019 year is shown below:
Tax slabs tax rate taxable amount
$0 - $9,700 10% $970
$9,700 - $39,475 12% $3,573
$39,475 - $84,200 22% $9,839.30
$84,200 - $95,000 24% $2,592
Total $16,974.50
The capital gain tax rate is 15% (assume)
So, the capital gain is
= $5,000 × 15% = $750
So, the gross liability is
= $16,974.50 + $750
= $17,724.50
Answer:
The authorized common stock shares remain 1,000,000 shares.
Explanation:
The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares. The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding. The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.
The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account. The treasury stock account is a contra account to the Common Stock.
Answer:
B. Available for sale securities
Explanation:
Available for sale securities refer to debt or equity instrument. They are purchased with a pre defined aim of selling them before their maturity, for profit earning. Such profit is usually a 'quick capital gain'. Apart from profit, they also assist for liquidity, repaying needs of companies.
These equities are reported at 'fair value'. This implies that unrealised gains & losses are not included in earnings. They are rather recorded in a specific segregated item head 'accumulated other comprehensive income' of shareholder's equity.
Answer:
Inbound logistics ➞ Operations ➞ Outbound logistics
Explanation:
Multiple Choices are
Inbound logistics ➞ Operations ➞ Service
Inbound logistics ➞ Operations ➞ Marketing and Sales
Inbound logistics ➞ Outbound logistics ➞ Marketing and Sales
Inbound logistics ➞ Operations ➞ Outbound logistics
A value chain is an order of activities that a business perform to deliver a valuable good or service to the market. The correct order for the Value chain process is go through Inbound logistics to Operations to Outbound logistics to Marketing and Sales to Service.
So, the correct order according to value chain is Inbound logistics ➞ Operations ➞ Outbound logistics
Answer:
The interviewer does not begin the interview in a neutral state, reacting only to information presented and the behavior of the applicant in the interview.
Explanation:
Robert Dipboye postulated that an interviewer should use both structured and unstructured interview method when interacting with a potential employee.
This aims to look beyond the job description and to get a better candidate as a fit for the role.
Structured interview uses a standard set of questions to evaluate a candidate, while unstructured interview allows the interviewer to ask questions aimed at getting information in regards to a skill or trait.
Using this method, the interviewer does not begin in a neutral state. But rather his reaction is based on the information presented by the candidate and his behaviour.
