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3 years ago

What do the arrows on the eagle mean?

Business

1 answer:

STALIN [3.7K]3 years ago

8 0

They mean "The Olive branch and arrows denote the power of peace & war which is exclusively vested in Congress."

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Safeway, publix, and other supermarket chains offers all types of foodstuffs as well as a variety of nontraditional goods and se

Vikki [24]

Diversifying. It is so that they can tap into other markets.

8 0

3 years ago

Matt and Meg Comer are married and file a joint tax return. They do not have any children. Matt works as a history professor at

sergeinik [125]

Answer:

Comer's tax liability for 2018 = $33300

Explanation:

Before determining Comer's tax liability for 2018, we need to understand what gross income is and what forms part of gross income. Gross income is total amount of income from various sources minus/plus and additions and deductions. Income from salary is earned in the ordinary course of work/business which is definitely part of gross income. Capital gain is refers to gain/profit/income from sale of capital assets such as property, shares, stocks, piece of land. Any gains and losses form part of gross income and capital losses are reported as deductions meant to reduce investors tax liability just as capital gains should be taxed.

Lets first calculate gross income and then apply tax rate to determine tax liability.

Gross income = salary + Short-term & long-term capital gains - short-term & long-term capital losses

GI = $64000 + $31000 + $9000+$15000 -$2000 -$6000

GI = $111000

Assuming the tax rate is 30%, the tax liability for the year is as follows:

Tax liability = $111000×30%

Tax liability = $33300

7 0

3 years ago

If the equilibrium quantity demanded for a new sports watch is 900 truckloads of watches and the equilibrium price is $70 per wa

IrinaVladis [17]

This item is asking us to determine the number of truckloads of watches that needs to be manufactured in order to reach equilibrium. If we let x be the number of watches then, the equation that would best describe the given is,
(900)(70) = (x)(40)
The value of x from the equation is 1575. Thus, the company needs to manufacture 1575 watches.

8 0

3 years ago

You plan to invest in one of two home delivery pizza companies, High and Low, that were recently founded and are about to commen

ch4aika [34]

Answer:

$0.60

Explanation:

Computation of Firm High's EPS

Profit before Tax (PBT) = EBIT - Interest on debt

= 500,000 - (12% * (70% * 3,000,000)) (Firm High's use of debt is 70%)

= 500,000 - (12%*2,100,000)

= 248,000

Earnings = PBT - tax = 248,000 - (35% * 248,000)

= 161,200

Given 90,000 shares, the EPS = 161,200/90,000 = $1.79.

Computation of Firm Low's EPS

Profit before Tax (PBT) = EBIT - Interest on debt

= 500,000 - (10% * (20% * 3,000,000)) (Firm Low's use of debt is 20%)

= 500,000 - (10%*600,000)

= 440,000

Earnings = PBT - tax = 440,000 - (35% * 440,000)

= 286,000

Given 240,000 shares, the EPS = 286,000/240,000 = $1.19.

Therefore, EPSHigh - EPSLow = 1.79 - 1.19 = $0.60.

4 0

3 years ago

Milo receives a commission of on all sales. If his commission on a sale was , find the cost of the item he sold.

Pachacha [2.7K]

Answer: $1,256

Explanation:

Milo makes 6% on the sales that he makes.

The $75.36 that he made from this sale is therefore 6% of the cost of the item sold.

Assuming the item was x, the cost is;

6% * x = 75.36

x = 75.36/6%

x = $1,256

7 0

2 years ago