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Butoxors [25]
3 years ago
6

Kent Fuller is in the 34 percent tax bracket. A nontaxable employee benefit with a value of $2,300 would have a tax-equivalent v

alue of:____.
a. $345.
b. $1,523.
c. $1,948.
d. $1,155.
e. 1,500.
Business
1 answer:
Phantasy [73]3 years ago
6 0

Answer:

$3,484.85

Explanation:

Calculation to determine tax-equivalent value

Using this formula

Tax-equivalent value=Nont-taxable amount/(1-Tax rate)

Let plug in the formula

Tax-equivalent value=$2,300/(1-.34)

Tax-equivalent value=$2,300/.66

Tax-equivalent value=$3,484.85

Therefore A nontaxable employee benefit with a value of $2,300 would have a tax-equivalent value of:$3,484.85

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The process of approving the Constitution is best described as
nordsb [41]

The process of approving the Constitution is best described as Difficult

<h3>Further explanation </h3>

A constitution is fundamental principles set according to the nation or a state or an organization is acknowledged to be governed. Ratification is the process of approving the constitution . It is a principal's approval of an act of its agent that lacked the authority to bind the principal legally and it is where the constitution of a state is taken over the legislature for consideration through specially elected state conventions of the people

The process of ratification initiated by the congress It was happened by putting the constitution to the state legislatures for consideration through the use of the specially elected for the state of convection of the people. The process is involved a five-state convection, which voted to approve the constitution immediately.

The process of approving the constitution is best described as  difficult because the ones who came up with the constitution realizes that only in exceptional circumstances should it need to be amended. The constitution is best described as difficult because it will only open the doors for more repression by government

<h3>Learn more</h3>
  1. Learn more about ratification brainly.com/question/3281819

<h3>Answer details</h3>

Grade:  9

Subject:  

Chapter: ratification

Keywords:  ratification

7 0
3 years ago
Read 2 more answers
Electricity for All (EFA) is preparing for their Initial Public Equity Offering (IPO). Being in a highly regulated industry, and
kirza4 [7]

Answer:

the dividend per share is $18.85 per share

Explanation:

The computation of the dividend per share is shown below:

We now that

price per share = Dividend ÷ (required rate of return - growth rate)

$145 = Dividend ÷ (13% - 0%)

So, the dividend is

= $145 × 13%

= $18.85 per share

Hence, the dividend per share is $18.85 per share

3 0
3 years ago
What’s the manager is responsible for overseeing a company’s product mix
RoseWind [281]

Answer:

Marketing manager

Explanation:

Product mix, also known as product assortment, is the total number of product lines that a company offers to its customers. The product lines may range from one to many and the company may have many products under the same product line as well. All of these product lines when grouped together form the product mix of the company.

3 0
3 years ago
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_____ is a long-term process that helps an organization allocate its resources to capitalize on opportunities in the marketplace
Anestetic [448]

Answer:

The answer would be strategic planning

Explanation:

Strategic planning is usually a long-term process. The process involves carrying out a situation analysis and formulating the company's objectives, mission statement, strategies and value prepositions. A situation analysis involves evaluating the organization's external environment (factors outside a firm's control) and internal environment (factors a firm can control).

5 0
4 years ago
douglas pays selena $43,300 for her 30% interest in a partnership with net assets of $127,900. following this transaction, dougl
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Selena receives $43,300 from Douglas for her 30% stake in a partnership with $127,900 in net assets. After this transaction, the capital account of Douglas should have a account balance of $38,370.

Douglas's Capital account balance

= Net assets x30%

= $127,900 x 30%

= $31,875

Therefore, Douglas's capital account should have a credit balance of $38,370

A financial repository's account balance represents the amount of money there is at the end of the current accounting period. It is the sum net assets of the balance carried over from the previous month and the net difference between the credits and debits that have been recorded during any given accounting cycle.

The amount due or the net debt may be shown in an account balance. The former is frequently depicted in financial accounts that include net assets recurring bills, like those for utilities or gym memberships. The latter, on the other hand, is reflected in accounts with negative cash balances, such as bank overdrafts.

Learn more about account balance here

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