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natali 33 [55]
3 years ago
12

Your monthly paycheck after deductions is $4352.

Business
1 answer:
ratelena [41]3 years ago
5 0
2176 is the correct answer
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Gene works in the uniform and apparel division of cintas. He has responsibility for managing the marketing activities for unifor
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Gene’s title is <u>b. </u><u>market</u><u> manager</u> .

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4 0
2 years ago
What are things to consider before opening a business?
artcher [175]
You should consider whether you want it to be a private or public company. A private company means that should the business fall-out, you and your business partners are responsible for the cost of the lawsuit and you will have to pay out of pocket. If your business is public, meaning that people can buy shares of your stock, then you would only have to pay up to the value of the amount of stock that you own. Hope that helps!
7 0
3 years ago
___________ tax situation currently applies to corporations and their owners but not to sole proprietorships, partnerships, or t
elixir [45]

Answer: Double taxation of dividend

Explanation: Double taxation of dividends refers to the taxes paid on dividends. Tax is first paid on the portion of the profit realized by a corporation which is to be shared among the shareholders. This portion of the corporation's profit is called dividend and the tax paid by the corporation is called the corporate income tax. After the dividends has been shared, each shareholder then pays a personal income tax on the respective amount received as dividend.

6 0
4 years ago
Sally and Samantha have decided to form a partnership. They have agreed that Sally is to invest $195,000 and that Samantha is to
lapo4ka [179]

<u>Answer/Explanation</u>:

<em>a. Equal division.</em>

<em>$235,000 / 2 = $117,500.</em>

<em>b. In the ratio of original investments.</em>

<em>For Samantha = 65,000 / (65000+195000) * 100 = 25%;</em>

<em>25% of $235,000= $58,750.</em>

<em>For Sally = 195,000 / (65000+195000) * 100 = 75%;</em>

<em>75% of $235,000= $176,250</em>

<em>c. In the ratio of time devoted to the business.</em>

<em>For Sally = 1 x $235,000 = $235,000</em>

<em>For Samantha= 1/2 x $235,000.</em>

<em>d. Interest of 5% on original investments and the remainder equally.</em>

<em>Interest</em>

<em>For Sally= 5% of $195,000 = $9,750</em>

<em>For Samantha= 5% of $65,000 = $3,250.</em>

<em>The remainder= 235,000 - 3,250 + 9750 = $222,000/2= $111,000 equally.</em>

<em>e. Interest of 5% on original investments, salary allowances of $50,000 to Sally and $85,000 to Samantha, and the remainder equally</em>

<em>Interest</em>

<em>For Sally= 5% of $195,000 = $9,750</em>

<em>For Samantha= 5% of $65,000 = $3,250.</em>

<em>The remainder= 235,000 - (9750+50000+3250+85000)= $87,000</em>

<em>(g), except that Samantha is also to be allowed a bonus equal to 20% of the amount by which net income exceeds the total salary allowances</em>

<em>Total salary allowances= $85,000+$65,000=$150,000;</em>

<em>Net income exceeds value by $235,000-$150,000= $85,000</em>

<em>Therefore, 20% of 85,000 = $8,500 as bonus.</em>

<em />

5 0
3 years ago
Which of the following is not an objective of financial reporting by state and local governments?
EleoNora [17]

Answer:

A

Explanation:

To assist users in assessing the adequacy of systems and controls is not one of the objectives

6 0
3 years ago
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