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Deffense [45]
3 years ago
13

Investing in several types of securities

Business
1 answer:
Anna11 [10]3 years ago
6 0

Investing in several types of securities reduces risk. The answer is letter B.

An example of an investment account in which contributions can remain tax free over a period of time is a savings account. The answer is letter C.

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The following data were taken from the records of Township Corporation at December 31 of the current year: Sales revenue $ 90,00
wlad13 [49]

Answer:

Administrative expense = $17,500

Explanation:

Administrative expense is classified as operating expense. It will be deducted from the gross profit to calculate the Pretax Income.

Sales revenue                            $90,000

Gross profit                                 $37,000

Selling (distribution) expense   ($5,700)

* Administrative expense        ($17,500)

Pretax income                            $13,800

Income tax rate 35%                 ($4,830)

After Tax Income                        $8,970

Shares of stock outstanding 2,800

Pretax income is calculated as follow

Pretax Income = Gross profit - Selling (distribution) expense - Administrative expense

$13,800 = $37,000 - $5,700 - Administrative expense

$13,800 = $31,300 - Administrative expense

Administrative expense = $31,300 - $13,800

Administrative expense = $17,500

4 0
3 years ago
Harmony reports a regular tax liability of $15,800 and tentative minimum tax of $17,880. Given just this information, what is he
Ksenya-84 [330]

$2,000 is her alternative minimum tax liability for the year. Because Harmony's tentative minimum tax exceeds her regular tax, the $2,000 difference is her alternative minimum tax liability for the year.

<h3>What is Tax Liability?</h3>
  • The amount that a person, company, or other entity owes to a federal, state, or local tax authority is known as their tax liability.
  • The selling of an investment or other item that generates income generally results in the creation of a tax burden. When purchasing items, one may be required to pay a municipal or state sales tax. (Although several nations do, the United States does not impose a national sales tax.)
  • If a person's overall tax debt was nil or if their income was too low to necessitate filing tax returns, they might not have any income tax burden.

To learn more about Tax Liability with the given link

brainly.com/question/15394738

#SPJ4

5 0
1 year ago
your supervisor, ashby, wants you to make an appointment for her to meet with a friend of yours, kevin. she wants to make a sale
Novay_Z [31]

Coercion is used by Ashby as she threatened to withhold your promotion if you don’t make the appointment.

<h3>What is Coercion?</h3>


The Indian Contract Act's Section 15 defines coercion as "committing or threatening to commit any act prohibited by the Indian Penal Code, or unlawfully detaining, or threatening to detain, any property, to the prejudice of any person whatsoever, with the intention of causing any person to enter into an agreement."

<h3>Give an example of Coercion.</h3>


For instance, if B refuses to sell his house to A for 5 lakh rupees, A may threaten to harm him. Here, even if B sells the house to A, the agreement won't be enforceable because B's cooperation was coerced. Now, coercion has the result of rendering the contract void.

Learn more about coercion here:
brainly.com/question/9000630
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3 0
1 year ago
Which spreadsheet function is used to conduct a logical test to see if the conditions of a given expression can be met? A. Round
Nataly [62]

D.IF Function (APEX VERIFIED)

6 0
3 years ago
Read 2 more answers
3) Frito-Lay's gathers daily sales data and sorts it by product line and by region. The marketingmanagers use the data to evalua
Tasya [4]

Answer:

The correct answer is: D. Marketing information system.

Explanation:

Modern marketing requires more dynamic and intelligent information systems every day. The real-time information for decision making every day becomes more relevant. Focusing marketing strategies on the knowledge of customers and markets, requires having antennas placed on the market and multi-source data collection systems that allow anticipating market trends and thus making smarter decisions. Technology, Big Data and artificial intelligence are changing the rules of the Information Systems game.

The Marketing Information System and the digitalization of processes go hand in hand, allowing companies to use technology as a tool for making timely decisions for the market.

8 0
3 years ago
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