Answer
b.$0 SE tax; $90,000 NII tax.
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
I think the answer is A. I THINK the answer is A
A plot in
Cartesian axes.
This kind
of graph has two exes: x (horizontal) and y (vertical). X represents the
independent variable, in this case: time. Y represents the dependent variable,
which is the one that is changing over time.
For example,
you can make this graph with temperature along the year. You will usually have
higher temperatures in summer, which will be represented in the upper part of
the graph, and lower temperatures in winter, which will be represented in the
bottom part of the graph. January will be on the left and December will be on
the right.
The inconsistency described above is known as cognitive dissonance. It is a theory that describes the tendency of an individual to find consistency of the cognitive functions. When this is not met, some behaviors and attitudes are to be changed in order to eliminate the inconsistency.
Answer:
Quick ratio = Current assets - Inventory/Current liabilities
= $480,000 - $340,000/$40,000
= 3.5
Current assets = $120,000 + $340,000 + $20,000 = $480,000
Current liabilities = $20,000 + $20,000 = $40,000
Explanation:
Explanation: Quick ratio is the ratio of liquid assets to current liabilities. Liquid assets are current assets less inventory. Liquid assets amounted to $140,000 while current liabilities are $40,000. The division of liquid assets by current liabilities gives quick ratio.
