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forsale [732]
3 years ago
8

Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize

her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Business
1 answer:
Lelechka [254]3 years ago
5 0

Answer:

d. Accelerate deductions

Explanation:

Tax acceleration is a way that a taxpayer is able to hasten tax deduction.

Taxi is paid in the year that it was incurred instead of in the subsequent year.

This way tax expense that will be paid from the current year is reduced and tax income will increase.

In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration

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Environmental Designs issues 3,000 shares of its $1 par value common stock at $15 per
patriot [66]

Environmental Designs issues 3,000 stocks of its $1 par cost not unusual stock at $15 per share. magazine entries required

1) coins (3000 stocks x $ 15) $45,000  

    not unusual stock - at par (3000 shares x $ 1 par)= $3,000

    extra paid-in capital in extra of Par - not unusual inventory                           $45,000 - $three,000= $forty two,000

 (to document issuance of stock)    

     

2) coins $45,000  

    not unusual inventory - no par   $45,000

 (to document issuance of stock)    

Examples of the environmental designs technique encompass the use of roadway noise laptop fashions in the design of noise obstacles and the use of roadway air dispersion fashions in reading and designing city highways.

Environmental design is the ordering of the big-scale factors of the environment by means of structure, engineering, panorama architecture, urban making plans, regional planning, and so forth., typically in a mixture. the have a look at or exercise of this.

An environmental design diploma is an education program that teaches college students how to design environmentally sustainable areas. students enrolled in this degree program discover ways to make design selections that benefit both human beings and the herbal surroundings.

Learn more about environmental design here: brainly.com/question/12393940

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8 0
1 year ago
Sunland Company has outstanding 500000 shares of $2 par common stock and 150000 shares of no-par 7% preferred stock with a state
olga nikolaevna [1]

Answer:

Total dividend paid = $340,000

Preferred dividend = 7% x $4 x 150,000 x 3 years = $126,000

Dividend paid to common stock holders

= $340,000 - $126,000

= $214,000

The correct answer is C

Explanation:

There is need to calculate the preferred dividend for 3 years, which is a function of dividend rate, current market price, number of preferred stocks outstanding  and number of years. The current market price of the preferred stock is used for the computation because the preferred stock has no par value. Then, the amount of dividend paid to common stock holders is the difference between the total dividend paid and preferred dividend.

5 0
3 years ago
Henry is a landlord renting an apartment to​ Steven, a student at a nearby university. The two enter into a​ one-year lease arra
Sindrei [870]

Answer:

Mitigate his damages

Explanation:

By law, mitigation involves making effort to reduce losses. Now, an individual claiming damages or losses due to break in contract or a wrongful act by another individual has a duty under the law to mitigate those damages. That is to say, the plantiff is under a duty under the law to reduce the loss by taking advantage of any opportunity arising that may help.redice the losses or damages. However, in this case, the plantiff, who's the landlord Henry did not mitigate the loss by not attempting to or renting the accommodation out for the remaining six month. Thus, the damages would likely be reduced because he failed to mitigate his damages as he should have done as required under the law.

3 0
3 years ago
Assume the audience for Who Wants to Be a Millionaire on a local cable channel is 115,000. During the months of January and Febr
Lapatulllka [165]

Answer:

Gross Impressions

Explanation:

Gross impressions represent the total number of households or individuals that is represented by a given media schedule. It is the impression that an advertisement gets. It is the total sum of audiences that is individuals or households that is exposed to the same commercial or program on multiple occasions. It is different to gross rating points. The latter deals with the number of impressions while the former deals with the number of audiences.

In this case, gross impressions

= Audience × number of ads

= 115000 × 16

= 1840000

4 0
3 years ago
Read 2 more answers
The sampling distribution of the mean describes the pattern that ____________ tend to follow when randomly drawn from a populati
Andreas93 [3]

Answer:

B) sample averages

Explanation:

The sampling distribution of the mean is the average of the population obtained from the sample. It shows the patterns that the sample mean (or average) tends to follow. If the population distribution is normal, then the sampling distribution of the mean should follow the same pattern for all the samples obtained from the population. The mean or average of the sampling distribution should equal the population mean.

6 0
3 years ago
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