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andreyandreev [35.5K]
3 years ago
10

briefly,explain why the depth of floatation of a ship changes when it sails from the Arabian sea to the lndian ocean​

Business
2 answers:
REY [17]3 years ago
7 0

Answer:

change in density of sea water

shtirl [24]3 years ago
6 0
Briefly , explain why the depths of floatation of a ship changes when it sails from the arabian sea to the indian ocean ?
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The balance sheet for Gelher Company reports the following information on July 1, 2022. GELHER COMPANY Balance Sheet (partial) L
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Explanation:

The journal entry is shown below:

Bonds payable A/c Dr $2,000,000

Loss on early retirement on bonds A/c Dr $85,000

         To Cash A/c $2,040,000                           ($2,000,000 × 1.02)

         To Discount on bonds payable A/c $45,000

(Being the redemption of bond is recorded)

The loss on early retirement on bond is computed below:

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Excel SIM: High-Low Method; Contribution Format Income Statement Analyze a mixed cost using a scattergraph plot and the high-low
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In the current year, Azure Company has $350,000 of net operating income before deducting any compensation or other payment to it
Viefleur [7K]

Answer:

the question is incomplete:

a. Azure is a C corporation and pays no dividends or salary to Sasha.

Azure Company, as a C corporation, has taxable income of <u>$350,000</u> and corporate income tax of <u>$73,500 (21% of net income)</u>. Sasha has taxable income of <u>$0</u> from Azure.

b. Azure is a C corporation and distributes $75,000 of dividends to Sasha.

Azure Company has taxable income of <u>$350,000</u> and corporate income tax of <u>$73,500 (21% of net income)</u>. Sasha incurs income tax of <u>$15,000 (20% tax rate)</u> with respect to the dividends.

c. Azure is a C corporation and pays $75,000 of salary to Sasha. (Ignore payroll taxes.)

The salary paid to Sasha <u>is</u> deductible by Azure Company resulting in taxable income of <u>$275,000</u> and corporate income tax of <u>$57,750 (21% of net income)</u>. Sasha incurs income tax of <u>$27,750 (37% marginal tax rate) </u>with respect to the salary she received during the year.

d. Azure is a sole proprietorship, and Sasha withdraws $0. (Ignore self-employment taxes.)

There <u>is no</u> Federal income tax applicable to businesses formed as sole proprietorships. Sasha incurs income tax of  <u>$129,500 (37% of $350,000)</u> with respect to Azure Company.

e. Azure is a sole proprietorship, and Sasha withdraws $75,000. (Ignore self-employment taxes.)

There <u>is no</u> Federal income tax applicable to businesses formed as sole proprietorships. Sasha <u>will</u> pay tax on the income of Azure Company, <u>regardless of</u> the amount she withdraws. Applicable taxes are the same a in (d).

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