describe the efforts that local governments should make to increase local revenue from the tax sector!

Smashed pumpkins co. Paid $200 in dividends and $624 in interest over the past year. The company increased retained earnings by

Maru [420]

Dividends that were paid last year = $200

Retained earnings = $522

Net Income = Retained earnings + Dividends paid = 200+522 =722

Tax rate was 38%.

Earnings before tax (EBT) = Net income/ (1-tax rate) =722/(1-0.38) = 1,164.52

Interest expense= 624

Earnings before interest and tax (EBIT) = EBT + interest expense = 1,164.52 + 624 = 1,788.52

Earnings before interest and tax (EBIT) = 1,788.52

3 0

3 years ago

India’s low-cost labor market and abundant supply of talented engineers gives it a(n) _________ in the international trade marke

zheka24 [161]

Answer:

economic barrier is correct answer

6 0

3 years ago

Universal Sports Supply began the year with an accounts receivable balance of $200,000 and a year-end balance of $220,000. Credi

Dovator [93]

Answer:

3.6

Explanation:

The receivables turnover for the year is calculated as;

= Net sales(credit sales) ÷ Average accounts receivables

Average account receivables

= ($200,000 + $220,000) ÷ 2

= $210,000

Therefore, Receivables turnover

= $750,000 ÷ $210,000

= 3.6

6 0

3 years ago

Saltdust Grill is known as the premier restaurant in town. With its elegant dining area, extensive wine list, and gourmet chef,

Oliga [24]

Answer:

D) delivery

Explanation:

A delivery gap in service quality refers to the difference between the actual delivery of a good or service versus the service delivery policies. In other words, it is the difference between reality and theory.

Theoretically Saltdust should be a premier restaurant and serve delicious dishes, but in reality its service is not that good.

8 0

4 years ago

Department G had 3,600 units, 40% completed at the beginning of the period, 12,000 units were completed during the period, 2,000

serious [3.7K]

Answer:

Equivalent Units Materials 10400

Equivalent Units Conversion 10960

Cost Per Equivalent Unit Materials $9.8365 

Cost Per Equivalent Unit D. Labor $ 7.2810 

Cost Per Equivalent Unit FOH $ 2.2992

Explanation:

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Complete 12000 100 100 12000 12000

Add EWIP 2000 100 20 2000 400

Less BWIP 3600 100 40 3600 1440

Equivalent Units 10400 10960 

In FIFO as the name suggests we take out the units first completed. So we deduct the Beginning Work in Process (BWIP) from the sum of completed units and ending work in process (EWIP).

Costs added during period: Direct materials Direct labor Factory overhead

(10,400 at $9.8365)

102,300 79,800 25,200

Equivalent Unit 10400 10960 10960

Cost Per Equivalent Unit $9.8365 7.2810 2.2992

3 0

3 years ago