Answer:
Another disadvantage of bonus compensation is that bonuses
Explanation:
"The roads In my state need to be repaired"
Answer:
D) 85.45 days
Explanation:
Days sales in inventory is calculated by dividing total inventory by COGS, and then multiplying that by 365 days:
(inventory / COGS) x 365 = ($494 / $2,110) x 365 = 85.45
Days sales in inventory measures the average number of days that it takes for a company’s inventory to be realized into sales within the year.
Answer:
- Tax liability = $24,222.50
- Marginal rate = 24%
- Average rate = 19.35%
Explanation:
Question requires that we find the Tax liability, Marginal rate and Average rate.
Tax liability:
Chandler is in the $84,200 to $160,725 bracket.
= 14,382.50 + 24% * (125,200 - 84,200)
= 14,382.50 + 9,840
= $24,222.50
Marginal rate = 24%
Chandler's bracket is the 24% bracket.
Average rate:
= Tax/ Taxable income
= 24,222.50 / 125,200
= 19.35%
The correct answer is $126,375.
If the term is four months long and Davis institute receives $168,500 in tuition for the four months then they receive $42.125 per month. You can calculate this by dividing $168,500 by 4, which equals $42,125. Three of the months are in the first fiscal year, so 3 months worth of revenue will be allocated to that year. $42,125 x 3 = $126,375.