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BaLLatris [955]
2 years ago
13

McCoppin Industries has three employees: Dean, Annie and Kent. Dean works entirely in State A and was paid a salary of $130,000

plus a $30,000 bonus. Annie works entirely in State B and was paid a salary of $50,000. Kent works 60% of the time in State A and 40% of the time in State B and was paid $100,000 in commissions. Calculate McCoppin's payroll factor for State A
Business
1 answer:
KonstantinChe [14]2 years ago
7 0

Answer:

All of Dean's compensation must be included in State A = $130,000 + $30,000 = $160,000

None of Annie's compensation is included in State B = $0

Kent's compensation is also included in State A since the majority of hiss ales are carried out there = $100,000

total payroll allocated to State A = $260,000

payroll factor = $260,000 / ($260,000 + $50,000) = 83.87% = 84%

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3 years ago
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valentinak56 [21]

Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

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To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

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Thornton Inc will pay $30784.08 for the year.

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3 years ago
What is the economic theory that is the opposite of capitalism? Answer command economy market economy socialism competition
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3 years ago
Maple Industries has 7 percent bonds outstanding that mature in thirteen years. The bonds pay interest semiannually and have a f
levacccp [35]

Answer:

A. 6.75%

Explanation:

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3 years ago
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Sergeeva-Olga [200]

This question is incomplete because the options are missing; here is the complete questions:

Ian Sanders offered to sell his car to Beth Jones for $5,000. Subsequently, Beth demanded that he provide new seat covers for the car as she was paying a rather heavy price for the car. Beth's response represents a(n) ________.

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B. Rejection of the offer

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D. Additional term

The correct answer to this question is D. Additional term

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In a contract, the terms refer to the specific conditions or obligations the parties involved accept. These terms are usually registered in a document as not following the terms has legal consequences. In the case presented, the answer of Beth represents an additional term because the purpose of her answer is to include a new condition or obligation that the seller of the car should accomplish as part of the agreement between seller and buyer.

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