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2 years ago

If you earned a 2.6% return on your savings with a 25% tax rate, what is your after-tax rate of return?

Business

1 answer:

mamaluj [8]2 years ago

5 0

Answer: 1.95%

Explanation:

Your after-tax return can be calculated by the formula;

= return * ( 1 - tax rate)

= 2.6% * ( 1 - 25%)

= 1.95%

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People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result,

Stells [14]

People in emerging countries today are becoming increasingly health conscious and are seeking healthy food choices. as a result, demand for healthy foods is rising steadily, creating an opportunity for marketers to exploit this need market. Needs range from basic survival desires satisfied by using necessities, to cultural, highbrow, and social desires satisfied with the aid of necessaries.

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2 years ago

______ is the result of low-cost producers focusing all their efforts on producing a single good or service. (Use one word for t

cluponka [151]

Specialization is the result of low-cost producers focusing all their efforts on producing a single good or service. This is further explained below.

<h3>What is Specialization ?</h3>

Generally, the process of focusing on and developing expertise in a specific topic or ability.

In conclusion, Low-cost manufacturers specialize when they concentrate all of their efforts on providing a particular commodity or service.

Read more about Specialization

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1 year ago

In 2015, HD had reported a deferred tax asset of $98 million with no valuation allowance. At December 31, 2016, the account bala

marta [7]

Answer:

Option (C) is correct.

Explanation:

Deferred Tax Asset balance at 2016 end = $130,000,000

Realizable Deferred Tax Asset @70 % of balance:

= 0.7 × $130,000,000

= $91,000,000

Deferred Tax Asset balance at the end of 2015 = $98,000,000

Reduction in Deferred Tax Asset in 2016:

= Deferred Tax Asset balance at the end of 2015 - Realizable Deferred Tax Asset

= $98,000,000 - $91,000,000

= $7,000,000

Total Income Tax expense in 2016:

= Reduction in Deferred Tax Asset in 2016 + Income Tax payable in 2016

= $7,000,000 + $84,000,000

= $91,000,000

So, answer is $91 million.

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3 years ago

Albert owns 100 acres of land on which he grows spruce trees. His adjusted basis for the land is $89,600. He receives condemnati

Alexeev081 [22]

Answer:

A. Albert has a $4,480 realized gain of which $4,480 is recognized.

B. Adjusted basis $79,744

Explanation:

a. Calculation to determine the tax consequences to Albert of the condemnation proceeds.

Based on the information given Albert has a REALIZED GAIN of the amount of $4,480 of which the amount of $4,480 is RECOGNIZED, calculated as:

=$8,960 - [(5 acres / 100 acres) x $89,600)]

=$8,960 -$4,480

=$4,480

Therefore the tax consequences to Albert of the condemnation proceeds will be $4,480 realized gain of which $4,480 is recognized.

B. Calculation to Determine the tax consequences to Albert of the severance award.

Based on the information the SEVERANCE AWARD tend to decrease Albert's basis of remaining property which therefore means that His ADJUSTED BASIS in the remaining property will be calculated as:

Adjusted basis=($89,600 - $4,480)- $5,376

Adjusted basis=$85,120-$5,376

Adjusted basis=$79,744

Therefore The the tax consequences to Albert of the severance award will be Adjusted basis of $79,744

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2 years ago

"scarcity of resources is the mother of all economic problems."discuss with examples.

zloy xaker [14]

Answer:

Indeed, scarcity is the mother of all economic problems. This is so because scarcity implies a lack of resources to supply all of the available demand for said good or service. Therefore, in the event of a lack of resources, two fundamental situations occur: on the one hand, due to the law of supply and demand, the greater the scarcity of a highly demanded good, the higher its price and the lower its accessibility; on the other, the scarcity itself implies that not all those who need the resource can access it.

Thus, the shortage has several clearly visible consequences. For example, food shortages can generate famines, food price inflation, bankruptcies of food producing and marketing companies, etc.

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2 years ago