Answer:
$32,140
Explanation:
The QBI on $280,000(57.3% of Taxable income) $160,700
Eligible Deduction of 20% on QBI $32,140
Positive : Taxation could be used to exclude some expenses that could be putted in the income statement
Negative : Taxation will cut out some part of the company's annual revenue
hope this helps
Answer:
$21,000
Explanation:
Preparation of income statement
Income statement of Pink Arrangements for the year ended December 31, 2018.
REVENUE:
Service Revenue 84,000
Less EXPENSE:
Insurance Expense (2,500)
Utilities Expense (1,500)
Rent Expense (12,000)
Salaries Expense (47,000)
NET INCOME 21,000
Therefore the Income statement of Pink Arrangements for the year ended December 31, 2018 will be shows the amount of $21,000
I think the labor market is the nominal market in which workers find paying work, employers find willing workers, and wage rates are determined.
Answer:
hmmmm i'd say true if not then false
