Answer:
Taxable income = Gross income - Total operating expenses - Depreciation
= 500,000 - 400,000 - 60,000
= $40,000
Federal corporate income tax rate in 2017 was 35% so income taxes are;
= 40,000 * 35%
= $14,000
Answer:
C) below; toward
Explanation:
Seperation rate is defined as the rate at which employees have left work either voluntarily or involuntarily in a specified period. In this instance it is 2%.
Unemployment is the rate at which people that are able to work are looking for employment. It is at 10%.
While job finding rate is 10%.
Job finding rate is equal to unemployment rate so they cancel out. However 2% of people are attributed to job seperation.
Unemployment rate will be below equillibrum, and because the people affected by job seperation are likely to get work again it will move towards the equillibrum rate in the next period.
I think it is a pair of comparison scaling or the constant sum
Answer:
C. When inventory is delivered to a customer
Explanation:
As we know that the inventory is good that the company sold to the customers. Through these goods, the company can able to generate huge profits and gain a competitive advantage in the market
But when we talk about the inventory cost that converted into an expense is when we delivered the product to the customer. It would be represented in the company books as an expense. Until sold, it cannot be converted
Answer:
C) In at least one of the higher technical levels ,more minutes being provided than budgeted.
Explanation:
For such discrepancy to exist ,it means the minutes dictates the effect of the dollar.
