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3 years ago

Which of these results in a lower net income?

2 answers:

7 0

I think the correct answer from the choices listed above is the third option. It is the withholdings that result in a lower net income. A withholding tax, also called a retention tax, is a government requirement for the payer of an item of income to withhold or deduct tax from the payment, and pay that tax to the government.

Stella [2.4K]3 years ago

6 0

Hello there,

Which of these results in a lower net income?

withholdings

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Jones Company possesses a 25 percent interest in the outstanding voting shares of Sandridge Company. Under what circumstances mi

coldgirl [10]

Answer:

Jones may decide that the equity method would not be appropriate to account for the investment when Jones Company does not have significant influences over the management/operation of Sandridge Company.

Although an investors holding from 25% of investee is very much likely to have significant influences on the investee, this may not be true all over the times. For Jones, to prove that it does not have significant influences over Sandridge, there may be some following evidences:

+ Jones and Sandridge sign an agreement that Jones surrenders significant rights as a shareholder;

+ There is/are investor(s)/group(s) of investors who has more voting right than Jones and whose visionary/mission for Sandridge is opposite to Jones's.

+ Sandridge tries to reject Jones' influences on its management by seeking lawsuit or by successfully prevent representatives from Jones on its Board of Directors.

Explanation:

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3 years ago

Edgar, Inc. has a materials price standard of $2.00 per pound. Six thousand pounds of materials were purchased at $2.20 a pound.

butalik [34]

Answer:

materials quantity variance: 1,200 unfavorable

Explanation:

$(standard\:quantity-actual\:quantity) \times standard \: cost = DM \: quantity \: variance$

std quantity 5400.00

actual quantity 6000.00

std cost $2.00

$(5,400 - 6,000) \times 2.00 = DM \: quantity \: variance$

difference -600.00

quantity variance $(1,200.00)

The difference between standard and actual quantity is negative. We used more pounds than expected, the variance will be unfavorable.

600 extra pounds at $2.00 each = 1,200

6 0

4 years ago

Bargaining associations are required to bargain without making any threats against buyers. true false

Debora [2.8K]

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. The given statement is true.

<h3>What is Bargaining associations?</h3>

The three primary categories of negotiation subjects are obligatory, permissible, and unlawful. The required category includes wages, health and safety, management rights, working conditions, and benefits. Topics that are permitted during the process are ones that are not required but may be discussed.

Workers typically obtain a larger proportion of productivity improvements as wages through collective bargaining. This can then encourage teamwork, boost productivity inside the company, and support stronger economic demand.

Union members typically receive greater wages, better health and pension benefits, and better working conditions. For people who decide to work in education, the advantages of unionization are essential. NEA members use collective bargaining to fight for causes other than their own financial stability.

To negotiate our union contract with the employer, including our pay, benefits, hours, holidays, sick days, staffing levels, seniority, safety, supplies, and other working conditions, a group of union members—our Bargaining Team—sits down with management. The given statement is true.

To learn more about Bargaining associations refer to:

brainly.com/question/1130553

#SPJ4

6 0

2 years ago

Prices are rising (inflation) but wages have stayed the same. This makes it difficult for people to afford products they need.

dsp73

Answer:

Its up to the government

Explanation:

We cant do things for them but we can make them consider what we could do

7 0

2 years ago

Read 2 more answers

Atlantic Corporation reported the following amounts at the end of the first year of operations: common stock $200,000; sales rev

Hoochie [10]

Answer:

D. Retained earnings are $ 280,OOO and expenses incurred totaled $ 520,000.

Explanation:

We need to consider the accounting equation to determine the amount of retained earnings at end of year.

The accounting equation being:

Assets = Liabilities + Stockholders' Equity

$ 600,000 = $ 320,000 + Stockholders' equity

so the Stockholders Equity is $ 280,000

For determining expenses, we use the following equation:

Revenue - Expenses = Net Income

Being the first year of operations, the net income equals to the retained earnings

$ 800,000 - Expenses = $ 280,000

So expenses are $ 800,000 - $ 280,000 = $ 520,000

7 0

4 years ago