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
The company's average tax rate is 24 percent
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.
=$128,267 * 24%
=$128,267 * 0.24
=$30784.08
Thornton Inc will pay $30784.08 for the year.
Had to look for the options and here is my answer. What it means when there is a decrease in the Macro economic misery during the first Reagan administration is that the Phillips Curve has shifted from right to left. This implies that there is an ease of the trade-off between the unemployment and inflation. Hope this answer helps.
Answer:
The following are 3 against reasons for the reconstruction of Greensburg as the "green city":
Explanation:
Following are the reasons and the counter reasons:
Reasons:
- Its tornado was something which will never be large as ever before, in which the city has been harmed and 95% of his residences have been destroyed. It also offers you to recreate the green city.
- The creation of a green city would also enable many cities to the devastated area to integrate with green technology.
- The Greenburg would become an icon with style as well as a prototype for the building of a clean energy city.
Counter Reason:
- The green tech isn't cheap and it would put pressure on the public resources.
- When a tornado of the same size hit Greenburg, then nobody would cause a serious source of financial and private assets.
- The city should give priority to tornado refugee camps that are capable of protecting public goods instead of building a green culture.
Answer:
b. Monopolistic competition is likely to result in a greater variety of product brands than pure competition.
Explanation:
Monopolistic competition is a competitive structure in which few companies operate in an industry that offers the same type of service or product, but differences. In this way each firm holds the relative monopoly of the product. For example, in the toothpaste market, companies sell the same product (toothpaste) but each company tries to differentiate their product from others.
In the competitive structure, several companies sell various products in a free competitive regime, having no monopoly power. Thus, the number of companies and products is infinitely larger than in monopolistic competition.
Answer:
The answer is: O'Brien's MVA is $12,000,000
Explanation:
We first take the total book value of equity $20,000,000
Then e calculate the market value of the company (stock price per share times shares outstanding) = $32 per share x 1,000,000 shares = $32,000,000
The market value added (MVA) is the difference between market value and equity value:
MVA = $32,000,000 - $20,000,000 = $12,000,000
