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Zigmanuir [339]
3 years ago
14

The city of Springvale imposes a net income tax on businesses operating within its jurisdiction. The tax equals 1% of income up

to $100,000 and 1.5% of income in excess of $100,000. The Springvale Bar and Grill generated $782,000 net income this year. Its city income tax is_______.
Business
1 answer:
sveta [45]3 years ago
4 0

Answer:

$11,230

Explanation:

The city of Springvale imposed a net income tax on all businesses

Each business will make a payment of 1% for any amount up to $100,000 and 1.5% for any amount above $100,000

The net income generated by Springvale Bar and Grill is

= $782,000- $100,000

= $682,000

Therefore, it's city income tax is calculated as follows

(1/100+100,000) + ( 1.5/100+682,000)

( 0.01+100,000) + ( 0.015+682,000)

= 1000 + 10,230

= $11,230

Hence, Springvale Bar and Grill will pay a net income tax of $11,230

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Most business processes are cross-functional or cross-departmental processes that span the entire organization. Which of the bel
n200080 [17]

Answer:

<u>Processing payroll</u>

Explanation:

Most business processes are cross-functional or cross-departmental processes that span the entire organization. It include order-to-delivery <em>process , loan processing , taking a product from concept to marke</em>t, but it <em>does not</em> include Processing Payroll.

Cross functional business process means a company in which all department like finance department , sales department , production department , marketing department etc. goes hand in hand or work together to achieve common objective or goal of the company.

Cross functional processes help in engaging all the employees in their work . It also helps in improving communication skills between all the employees or departments .It also helps in developing good management skills.

6 0
3 years ago
The Edward James Toy Company uses a kanban system to make a plastic wheels that are a component of several toys. The waiting tim
kicyunya [14]

Answer:

The number of kanban containers needed for the wheels is 4.2 containers

Explanation:

In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:

number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size

According to the given data we have the following:

Demand rate = 2000 per day

Average processing time= 0.15 day

Average waiting time = 0.25 day

Container size= 200

Alpha= 5%

Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200

number of kanban containers needed for the wheels=4.2 containers

The number of kanban containers needed for the wheels is 4.2 containers

6 0
3 years ago
What is meant by “moe”? for the effectiveness analysis of a sport utility vehicle (suv), list what you think would be the 10 mos
mestny [16]
<span>MOE stands for 'measure of effectiveness'. Some of the most critical characteristics when exercising the analysis are: Visualization, Validation, Reflection,Evaluation, Estimation, Approach, Functional Errors, Standards and operational effectiveness.</span>
6 0
3 years ago
Your coin collection contains 59,1952 silver dollars. If your grandparents purchased them for their face value when they were ne
Korvikt [17]

Answer:

The collection is worth $37,525.78.

Explanation:

Giving the following information:

Your coin collection contains 59 1952 silver dollars.

Interest rate= 6.6%

Number of years= 2053 - 1952= 101 years

To calculate the value of the collection today, we need to use the following formula:

FV= PV*(1+i)^n

FV= 59*(1.066^101)

FV= $37,525.78

7 0
3 years ago
4. What is a power machine's "throw"?
RideAnS [48]

Answer:

The machines horsepower

Explanation:

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3 0
3 years ago
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