What is the researchers estimate of coronavirus

What is the 2016 repayment limitation for a single taxpayer who has income at a 350% poverty level?

Mademuasel [1]

For taxpayers with household income below 400% of the FPL there is a table of repayment limitation.
For at least 300% but not less than 400% ( for example: 350% ) it is $1,250.
Answer: $1,250.

7 0

3 years ago

Identify the accoun title.

hammer [34]

Answer:

1. On formation of new Company and receipt of cash of $ 12,000 from shareholders

Cash Dr $ 12,000

To Share capital Cr $ 12,000

2. On purchase of truck for $ 18,000

Truck A/c Dr $ 18,000

To Cash Cr $ 18,000

(Though list price of truck is $ 21,000, but in accounts only the purchase price will be recorded as its cost borne by the company.)

3. On payment of dividend in cash

Dividend A/c Dr $ 10,000

To Cash Cr $ 10,000

4. On purchase of land

Land A/c Dr $ 50,000

To cash Cr $ 50,000

( On purchase of land on payment of $ 50,000).

There is another method of accounting of land value based on valuation by appraiser. If Company wants to record based on valuation by Appraiser, the accounting will be recorded as under:

Land A/c Dr $ 55,000

To Cash Cr $ 50,000

To gain on purchase of land Cr $ 5,000

5 On declaration of dividend

Dividend A/c Dr $ 1,100

To Dividend Payable A/c Cr $ 1,100

On payment of dividend after 60 days

Dividend payable A/c Dr $ 1,100

To Cash Cr $ 1,100

6. After each month wages will be due to its workers, then accounting entry will be recorded as under

Wages A/c Dr $ 5,600

To Wages payable A/c Cr $ 5,600

After two weeks, on payment of wages, the accounting entry will be recorded as under

Wages payable A/c Dr $ 5,600

To cash Cr $ 5,600

Explanation:

7 0

3 years ago

Cromwell's Interiors is considering a project that is equally as risky as the firm's current operations. The firm has a cost of

mario62 [17]

Answer:

Cost of capital = 12.40%

Explanation:

given data

cost of equity = 15.4 percent

pretax cost of debt = 8.9 percent

debt-equity ratio = 0.46

tax rate = 34 percent

to find out

What is the cost of capital for this project

solution

first we get Equity multiplier that is express as

Equity multiplier = 1 + debt-equity ratio ..................1

put here value

Equity multiplier = 1 + 0.46

Equity multiplier = 1.46

and

Weight of equity will be

Weight of equity = $\frac{1}{Equity\ multiplier}$ ....................2

put here value

Weight of equity = $\frac{1}{1.46}$

Weight of equity = 0.6849

and

Weight of Debt will be here

Weight of Debt = 1 - weight of equity ...........................3

put here value

Weight of Debt = 1 - 0.6849

Weight of Debt = 0.3151

so

Cost of capital will be here as

Cost of capital = Weight of Debt × pretax cost of debt × (1- tax rate ) + cost of equity × Weight of equity .....................4

put here value we get

Cost of capital = 0.3151 × 8.9% × (1 - 0.34) + 15.4% × 0.6849

Cost of capital = 12.40%

7 0

3 years ago

The Copy Department in the College of Business at State University provides photocopying service for both the Marketing and Econ

fiasKO [112]

Answer:

The correct answer is $170,000.

Explanation:

According to the scenario, computation of the given data are as follows:

We can calculate the cost allocated to Marketing by using following formula:

Total cost allocated = Fixed cost + Variable cost

Where, Fixed cost = (3,600,000 ÷ 5,400,000) × $120,000

= $80,000

And , Variable cost = $0.025 × 3,600,000 = $90,000

By putting the value, we get

Total cost allocated = $80,000 + $90,000

= $170,000

7 0

3 years ago

Which of the following economic concepts BEST explains why grape tomatoes cost more than the other tomatoes in this produce depa

melisa1 [442]

A tomatoes cost more than the other tomatoes in this produce department because the cost of production is higher.

<h3>Why will product cost more?</h3>

A product can cost more when the demand for the product is high thus increasing the price of the product.

A product can cost more if the cost of production is higher than any other products.

Therefore, tomatoes cost more than the other tomatoes in this produce department because the cost of production is higher.

Learn more on demand here,

brainly.com/question/1288364

#SPJ1

6 0

3 years ago

What is the researchers estimate of coronavirus​

What is the researchers estimate of coronavirus