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zlopas [31]
3 years ago
5

Waldman Corporation reported pretax accounting income of $100,000, but due to a permanent difference, taxable income is only $60

,000. Assuming a tax rate of 25%, the income statement should report net income of: Multiple Choice $15,000 $25,000 $45,000 $85,000
Business
1 answer:
Bezzdna [24]3 years ago
7 0

Answer:

$85,000

Explanation:

The pretax accounting income is $100,000

The taxable income is $60,000

Tax rate is 25%

Net income can be calculated as follows

100,000-(60,000 ×25/100)

= 100,000-60,000×0.25

= 100,000-15,000

=85,000

Net income is $85,000

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When bonds are converted into common stock____.
nexus9112 [7]

Answer:

When bonds are converted into common stock____.

a. the market price of the stock and the bonds is ignored when recording the conversion.

Explanation:

This is because the conversion price, which is the price at which the convertible bond is converted into the common stock of the entity, is usually set initially when the conversion ratio is first decided on.  Therefore, the market prices of the stock and the bonds are not taken into account when the conversion recording is being done.

4 0
3 years ago
After his annual performance appraisal, Joe was disappointed with his 5 percent increase in pay, compared to the 10 percent incr
7nadin3 [17]

Answer:

Setting specific goals

Explanation:

Because Joe was dissatisfied with his 5 percent rise in pay as opposed to his colleagues '10 percent raise and plus he is not informed of the minimum standard.

So for improving the performance he should set his specific goals so that he should accomplish the company goals and objectives due to which he will get the appraisal next time

7 0
3 years ago
Suppose a country has government expenditures of $3,500, taxes of $2,200, consumption of $9,000, exports of $2,500, imports of $
morpeh [17]

Answer:

$15,300

Explanation:

GDP = Consumption + Investment spending + Government Spending + Net Export

Net Export = export - import

=$9,000 + $3,000 + $3,500 + ($2500 - $2700) = $15,300

I hope my answer helps you

6 0
3 years ago
Money markets are marketsfora.Foreigncurrencies.b.Consumer automobileloans.c.Common stocks.d.Long-term bonds.
Harlamova29_29 [7]

Answer:

e. Short-term debt securities such as Treasury bills and commercial paper.

Explanation:

  • A money market is an organized exchange market and were the participant can lend and borrow short terms high quantity debt security with an average maturity with less than and year. And thus enables the government and other institutions of the short terms securities.
4 0
3 years ago
Wilson hires a financial analyst to analyse costs and profits for his cereal production business. The analyst determines that Wi
hammer [34]

Disclaimer- The complete question is

Wilson hires a financial analyst to analyze costs and profits for his cereal production business. The analyst determines that Wilson's eventual profit function is given as pi = 2x ^ 4 - 4x ^ 3 + 7 where x is the number of bags of cereal produced. At what point or number of bags of cereal will Wilson's profit start decreasing?

If the company produces only one 1 bag then the profit of Wilson starts decreasing.

Let  f ( x ) = 2x^4 − 4x^3 + 7

f ′ ( x ) = 8x^3 − 12x^2

For decreasing,  f ′( x ) ≤ 0

⇒  4x^2 ( 2x−3 ) ≤ 0

⇒  2x−3 ≤ 0     ( a s x^2 ≥ 0)

⇒  x ≤ 3/2

Since, x is number of bags

So,  x ∈ N

∴ x = 1 is only possibility

Thus, If the company produces only one 1 bag then the profit of Wilson starts decreasing.

Financial analysis is the process of evaluating a company's performance using financial data and making suggestions for future improvement. The majority of the work done by financial analysts is done in Excel, where they use a spreadsheet to examine past data and predict how the company will perform in the future.

To know more about profit refer:

brainly.com/question/15036999

#SPJ9

3 0
2 years ago
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