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3 years ago

National income equals:_______.

Business

2 answers:

nalin [4]3 years ago

8 0

Answer:

wages +salary+corporate profit +net income

Explanation:

this sumsup the national income of a country

lys-0071 [83]3 years ago

4 0

Answer:

Explanation:

C. compensation of employees + proprietors' income + indirect business taxes + rental income + net interest

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During 2021, its first year of operations, Pave Construction provides services on account of $124,000. By the end of 2021, cash

7nadin3 [17]

Answer:

The adjusting entry for uncollectible accounts on December 31, 2021:

Debit Bad debts expense $9,600

Credit Allowance for uncollectible accounts $9,600

Explanation:

During 2021, Pave Construction provides services on account of $124,000. By the end of 2021, cash collections on these accounts total $92,000.

The balance of uncollected accounts on December 31, 2021 = $124,000 - $92,000 = $32,000

Pave estimates that 30% of the uncollected accounts will be uncollectible.

Estimated uncollectible = 30% x $32,000 = $9,600

The adjusting entry for uncollectible accounts on December 31, 2021:

Debit Bad debts expense $9,600

Credit Allowance for uncollectible accounts $9,600

8 0

3 years ago

PAW Industries has 5 million shares of common stock outstanding with a market price of $8.00 per share. The company also has out

Leokris [45]

Answer:

a. 10.14%

Explanation:

WACC = wE*rE + wP*rP + wD*rD(1-tax) whereby;

w= weight of...

r = cost of..

Find the market values;

Common equity(E) = 5,000,000* 8 = 40,000,000

Preferred stock(P) = 10,000,000

Debt (D) = 100,000 *1000 *0.96 = 96,000,000

Total value = 146,000,000

Therefore;

wE= 0.2740

wP = 0.0685

wD = 0.6575

Cost of capital;

rE = 19% or 0.19

rP = 15% or 0.15

rD = 9% or 0.09

WACC = (0.2740*0.19) + (0.0685 * 0.15) + [0.6575*0.09(1-0.34)]

WACC = 0.0521 + 0.0103 + 0.0391

WACC = 0.1015 or about 10.14%

6 0

3 years ago

A. True

Usimov [2.4K]

The correct answer is false

6 0

3 years ago

For the built-in loss limitation to apply, the property must have been acquired by the corporation as part of a plan whose princ

adoni [48]

Answer:

Yes, it is true that for the built-in loss limitation to apply, the property must have been acquired by the corporation as part of a plan whose principal purpose was to recognize a loss on the property by the liquidating corporation. That is why A net built in loss has to be determined first.

Explanation:

Limitation is equal to the value of the stock of the loss borne by corporation immediately before the ownership changes.

The basis limitation rule only applies when there is a net built-in loss.

Built-in losses are the excess of the adjusted basis for U.S. federal income tax of any Contributed Property over its Agreed Value as of the time of contribution treated as deductions or losses in the year recognized.

A net built-in loss occurs when the aggregate adjusted basis of the property exceeds its fair market value.

5 0

3 years ago

A company wants to set up a new office in a country where the corporate tax rate is as follows:

evablogger [386]

Answer: taxable income = $162,000

Tax = $46,430

Explanation:

3 0

3 years ago