Well I’m young so I make money through part time jobs such as chick fila or some other restaurant that pays
Answer:
If the effective tax rate increases then the net savings coming from investments will get lowered as a result the investment will have higher payback period (The increase in effective tax rate would lower demand of the product which means there is decline in net saving arising from the sale of the product). Likewise this decrease in annual net savings will also decrease the internal rate of return which shows that their are increased chances of project rejections. The NPV method is based on cash flows and relevant costing just like IRR and payback method but the only difference is that it assumes that the cash earned would be reinvested at cost of capital. The NPV will also decrease due to increased effective tax rate.
Answer:
Answer is $15,000
$6,000 share of ordinary income plus $9,000 gain for a $50,000 distribution in excess of her $41,000 stock basis.
This is a classic example of what is termed "Pork" or "Pork barrel politics". Pork is when a legislator tries to divert federal funds to projects in their districts or State. These funds provide jobs and income for his constituents who the will repay him with votes in the next election.
Answer:
$89,000
Explanation:
Given that,
Net Income = $71,000
Depreciation = $5,000
Increase in Current Liabilities = $9,000
Decrease in Current Assets = $4,000
Net Cash from Operating Activities:
= Net Income + Depreciation + Increase in Current Liabilities + Decrease in Current Assets
= $71,000 + $5,000 + $9,000 + $4,000
= $89,000
Therefore, the Leather Shops cash provided by operating activities (indirect method) is $89,000.
