Answer:
Total deductible organization expenses is $ 6,611
Explanation:
Upto $ 5000 in qualifying organization expenses are deductible in the year they are incurred , with the amount reduced by the amount by which total organizational expenses exceed $50,000. With a total of $51,000 Crimson corp could deduct $ 4000 .
In addition , the remaining $ 47,000 is amortized over 15 years or 180 months , begining in the period in which the entity commences operations. Since crimson began operaions in March 2016 , amortization would be for 10 months ( march 2016 - december 2016 )
Amoritzation for march 2016 to december 2016 = 10 / 180 * $47,000
= $2611
Total deductible organization expenses = $4,000 + $ 2,611
= $ 6,611
Answer:
takeoff
Explanation:
Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.
Answer:
D. $65 million
Explanation:
The computation of the end of year balance for accounts receivable is shown below:
Cash flows from operating activities $226
net income $150
Add: depreciation $85
Less: increase in inventory -$14
Add: increase in wages and taxes $15
Add: increase in account payable $10
Total $246
Change in account receivable -$20
Opening account receivable $45
Ending account receivable $65
Based on the number of people that are employed and those who are unemployed in this town, the unemployment rate is 14.4%.
<h3>What is the unemployment rate?</h3>
The unemployment rate can be found by the formula:
= Employed people / (Unemployed + Employed people)
Solving gives:
= (11,000) / (65,400 + 11,000)
= 11,000 / 76,400
= 14.4%
In conclusion, the rate is 14.4%.
Find out more on the unemployment rate at brainly.com/question/13280244.
Answer:
It might lead to over-optimistic projections
Explanation:
In simple words, the problem with using profitability index as the index criteria lies with the procedure of estimating it. In order to consider the business situation, the organisational finance group requires to settle with the corporation supervisors.
Leadership may be too enthusiastic about their assignment, so forecasts for cash flow may be too substantial. Consequently, in predicting the profitability index, there may be an uptrend prejudice.