<span>If the woman starts out with a salary that we can call X, then is given a pay cut of 10%, her salary will at that point be 0.9X. However, if she is then later given a raise from that salary of 30%, her new salary will be the 0.9X * (1+0.3) = 1.17X. So, in aggregate, she will have seen a 17% increase in her base salary over the period.</span>
Answer:
$45,195
Explanation:
The computation of the taxable income is shown below;
But before that following calculations need to be done
Gross income is
= Gross salary + Dividend income + Interest income
= $58,755 + $245 + $295
= $59,295
Now
Adjusted gross income = Gross income - Adjustments to income
= $59,295 - $2,100
= $57,195
And, finally
Taxable income = Adjusted gross income - ( standard deduction or itemized deduction i.e. higher amount
So,
Taxable income = $57,195 - $12,000
= $45,195
True, rationing is the selling of scarce goods or services in events such as war. Items are distributed in fairness to each citizen and they have to take a ration book to say what they have or haven't had and how much of it they have had.
Answer:
The correct answer is letter "D": voluntary.
Explanation:
Voluntary turnover refers to the situation in which employees quit their jobs because of several reasons: inadequate work conditions, low wages, or better job opportunities are some of them. In some other cases, the lack of opportunities to follow a path career pushes employees to look for different companies where to work.
Therefore, <em>the software firm of the example is looking for the voluntary turnover of its designers to avoid the process of firing them.</em>
Answer:
$10,000.
The investment is written down to fair value, and the impairment loss is recognized in net income.
Explanation:
Given that
Purchase value of the bond = $100,000
Decline value = $70,000
Decrease in fair value = $30,000
Credit losses = $10,000
Non credit losses = $20,000
Based on the above information, the before tax net income for year 2016 is reduced by $10,000 as Nicholds wants to hold the bond till maturity date. So the non credit part of decrease in fair value would not be adjusted
Therefore only credit losses should be relevant
As it is mentioned in the question that the debt investment fair value is to be considered as an available-for-sale investment and viewed as an other than temporary therefore the written down of investment to fair value and the loss of impairment should be recorded in the net income