Answer:
$183,950
Explanation:
The computation is shown below:
Total taxable income is
= $300,000 - $150,000 - $20,000
= $130,000
Now tax is
= 15% of $50,000 + 25% of ($75,000 - $50,000) + 34% of ($100,000 - $75,000) + 39% of ($530,000 - $100,000)
= 0.15 of $50,000 + 0.25 of $25,000 + 0.34 of $25,000 + 0.39 of $430,000
= $189,950
Now Tax owed is
= $189,950 - $6,000
= $183,950
He will probably spend more of his time in meetings. However management philosophies suggest anywhere from 10 - 20% of their time out of the office and walking around talking to employees.
Answer:
The answer is 14%
Explanation:
This will be solved by Dividend discount model based approach
re = D1/Po + g
where re is the rate of return
D1 is expected dividend($2)
Po is the current market value of equity($20)
g is the expected growth rate of dividend(4% or 0.04)
2/20 + 0.04
0.1 + 0.04
= 0.14
Expressed as a percentage is
0.14 x 100
14%
Therefore, the expected return is 14%
Answer:
The correct answer is option B.
Explanation:
A sole proprietorship is a business structure where there is only one owner of the business. The business and the owner are not a separate entity. The owner does not have to share profits but has unlimited liabilities.
The disadvantage is that debts of the business are owner's debts. But also all the profits goes to the owner. The owner is taxed only once as personal income tax.