Answer:
Income Statement
Revenue $24,698
Expenses
Salaries and employee benefits $8,815
Purchased Transportation $1,203
Fuel Expense $3,228
Rental and landing fees $1,748
Depreciation Expense $925
Maintenance and repairs expense $1,573
Provision for income taxes $805
Other expense (revenue) net <u>$4,995</u>
Total Expenses <u>$23,292</u>
Net Income <u>$1,406</u>
The Federal reserve is acting as a lender of last resort when its lends money to banks and other financial institutions because no one else will/
<h3>What is the Federal Reserve?</h3>
It is the United states central banking system that is responsible for the nation's monetary policy and regulation of the supply of money and interest rates.
One of the role of Federal reserve is to act as a lender of last resort when its lends money to banks and other financial institutions because no one else will.
Therefore, the Option A is correct.
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Metadata may be the term you are looking for.
Inga Ingerton's assets price = $35,000, ; Assessed fee = 40% = 0.forty, ; mill levy rate = 83, ; Inga's annual tax on belongings = $14,000 x zero.083.
Annual taxes are generally designed to price for a mixture of interest or repute of a person for a tax yr. A tax year usually is much like a calendar year however it is able to additionally be a 12-month duration whenever a central authority corporation wants to control a given annual tax. Annual taxes are not limited to one level of government.
In a nutshell, to estimate taxable earnings, we take gross income and subtract tax deductions. what's left is taxable profits. Then we practice the ideal tax bracket (based totally on earnings and filing popularity) to calculate tax legal responsibility.
The costs observe in taxable profits—adjusted gross income minus both the usual deduction or allowable itemized deductions. profits as much as the same old deduction (or itemized deductions) is for that reason taxed at a 0 price. Federal profits tax quotes are progressive: As taxable income will increase, it's far taxed at better fees.
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