Rent expense, land purchased, utility, salary expense, accounts payable, dividend, salaries, insurance---that is your expense for the year. Look at your income is Retained earning, accounts receivable, service revenue, common stock. Add all the expense and subtract from earning that will be your net income.
Answer:
$16,500
Explanation:
The computation of increase in investment is shown below:-
Here, if the investor holds 20% or more but less than 50% shares than the dividend paid and income earned by the investee are reported.
Increase in investment = Shares of net income - Share of dividends
= $55,000 × 30% - $0 (Dividend is not paid)
= $16,500
Therefore for computing the increase in investment under equity method we simply applied the above formula.
Answer:
The Correct Answer is B.
Sales tax.
Explanation:
Sales tax is the Tax imposed by the government body during the sale of the goods and services at a retail level.
While payroll tax is the tax which is imposed on the salary of the employees and this tax is imposed by the employer. payroll taxes are directly deducted from the salaries of the employees and directly paid to the internal revenue services by the employer.
<span>Prime lending rates are lower than subprime lending rates and are commonly offered to people with good credit scores.
A prime lending rate is a rate used by a bank that is typically used in favor of "good" customers. These people tend to have great credit so they get a larger amount approved but at a lower interest rate than subprime. Subprime interests rates are higher because they are typically given out to those with poor credit history. </span>
Each tire is worth $134.79 :)
