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agasfer [191]
3 years ago
6

A corporation in 2017 expects a gross income of 500000, total operating expences of 400000, and teh capitol investments of 20000

. in addition the corporation is able to declare 60000 of depreciation charges for the year. what is the expected taxable income and total federal income taxes owed for teh year 2017?
Business
1 answer:
Naily [24]3 years ago
8 0

Answer:

Taxable income = Gross income - Total operating expenses - Depreciation

= 500,000 - 400,000 - 60,000

= $40,000

Federal corporate income tax rate in 2017 was 35% so income taxes are;

= 40,000 * 35%

= $14,000

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Answer:

The basic difference between a good and a service is that a good is tangible while a service is intangible.

Explanation

Check the table attached to find an outline of the basic differences between a good and a service.

Download doc
8 0
3 years ago
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If a company's revenue is 50 billion usd a year, how much money does it make per hour
victus00 [196]
Company's revenue is 50 billion usd per year
money it makes per hour = ?
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so 1 year = 365 x 24 = 8760 hours
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7 0
3 years ago
Commercial Construction Builders has a beta of 1.34, a dividend growth rate of 2.1 percent for the foreseeable future, a stock p
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Answer:

10.412%

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3 years ago
Based on the information in the table, which BEST explains the relationship between Country A and Country B?
Ivan

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Im going with b because i cant see the picture

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Match each feature with the savings account type.
Marysya12 [62]

<u>1. Basic savings account  </u>

-allows ATM withdrawals  

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<u>2. CD </u>

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Basically, you are loaning the bank your cash as an end-result of premium. The CD is a promissory note that the bank issues you.

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