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AleksandrR [38]
3 years ago
11

2 part question i need help pls its econ

Business
2 answers:
Margaret [11]3 years ago
6 0

Answer:

2. income tax

Explanation:

ive done this question before

kicyunya [14]3 years ago
4 0

Answer:

the first question is progressive

Explanation:

because if you look at the table it shows that the tax rate went up 2 %

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Sandhill Inc. acquired 10% of the 420,000 shares of common stock of Schuberger Corporation at a total cost of $15 per share on J
Tasya [4]

Answer:Please see explantion colmn for answers

Explanation:

A) Journal entry for Edelman

Date   Account Titles and explanation      Debit             Credit

June 17        Stock investment              $630,000

                      Cash                                                             $630,000

Calculation

Stock Investment  =420,000 x $15 x 10% =    $630,000

Date   Account Titles and explanation      Debit             Credit

Sept 3     Cash                                             $12,000  

               Dividend revenue                                                    $12,000

Calculation

Dividend revenue =$120,000  x 10%  =$12,000

Date   Account Titles and explanation      Debit                Credit

Dec 31        Stock investment              $51,200

                    Investment revenue                                      $51,200

 

Calculation

Investment Revenue =(512,000 x 10%) = 51,200

 

B) Journal entry for Wen

Date   Account Titles and explanation      Debit             Credit

Jan 1        Stock investment              $604,800

                      Cash                                                             $604,800

Calculation

Stock Investment  =112,000 x $18 x 30% =    $604,800

Date   Account Titles and explanation      Debit             Credit

May 15        Cash                               $33,600

                  Dividend revenue                                              $33,600

Calculation

Dividend revenue  =112,000 x 30% =    $33,600

Date   Account Titles and explanation      Debit             Credit

Dec 31        Stock investment              $63,600

                   Investment revenue                                               $63,600

Calculation

Stock Investment  =212,000 x 30% = $63,600

7 0
3 years ago
The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and
AlladinOne [14]

Answer: The stock price is expected to be $57 a share one year from now.

Explanation:

The stock price is expected to be $57 a share one year from now.

Expected return = 14%

current share price= $50

expected share price in a year from now = $50 x (1 + 0.14)

expected share price in a year from now = 57

5 0
3 years ago
A principal's ratification is: a. an agent's acceptance of responsibility from the principal b. the principal's acceptance of re
kifflom [539]

Answer:

b. the principal's acceptance of responsibility for an agent's activities.

Explanation:

A principal may ratify or disown the activities of a person or an agent who acts above his/her mandate. Where a principal ratify the activity of the agent, it is called agency by ratification.

Sometimes, an agent may perform or carry out activities beyond his/her mandate eventhough this is stated in the law, the principal is also empowered to ratify or disapprove such activities as there are rules governing such approval or disapproval.

Rules governing agency by ratification are ;

-There must be contractual capacity on the part of the person who is ratifying

- The person acting as agent must be intended to be seen as such

-The principal must exist at the point activity is being carried out

-The principal must have full knowledge of the material fact.

-The ratification may be implied or express.

4 0
3 years ago
On a scatter plot in which we plan to develop a regression-based forecast, a smattering of points shows a pattern of a relations
lozanna [386]

Answer:

The coefficient of correlation (r) is between 0 and 1 (0 < r ≤ 1).

Explanation:

If there is a positive correlation, it means the correlation coefficient is positive. This implies that both variables increase together, when X tends to increase, Y tends to increase.

A perfect positive correlation (in which all the points on a scatter plot lie on an ascending straight line) has a coefficient of correlation, r equals to one (r = 1).

Also, when the values of r are close to 1, it indicates a strong positive correlation while positive values closer to 0 indicate a weak positive correlation.

8 0
3 years ago
Buckeye Industries has a bond issue with a face value of $1,000 that is coming due in one year. The value of Buckeye’s assets is
a_sh-v [17]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
4 0
3 years ago
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