Answer:
B) Bootstrapping
Explanation:
Usually established businesses self finance themselves by setting a retained earnings amount that can be used for financing new or existing projects instead of being distributed to its owners (or shareholders) and without having to borrow money.
Bootstrapping refers to setting a company and making it grow without using loaned money. This means that the business either grows with money that its owners put into it, or by setting aside retained earnings.
Answer:
Social Security tax due = $358.67
so correct option is C. $358.67
Explanation:
given data
gross earnings = $5,785
total gross earnings = $116,700
Social Security taxes = 6.2%
maximum earnings = $122,700 per year
to find out
Social Security tax due by her employer from her 10/15/19 paychecks
solution
we get here Social Security tax due by her employer that is express as
Social Security tax due = Social Security taxes × gross earnings ........1
put here value we get
Social Security tax due = 6.2 % × $5785
Social Security tax due = $358.67
so correct option is C. $358.67
Answer:
B) is a fixed cost
Explanation:
According to my research on the process of loan repayments we can say that the $900 weekly payment is a fixed cost. This is because the $900 payment is the same amount every week and does not change until the initial loan plus the interest is payed in full. This would not be the case if the payment amount is different every week.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The answer is b. false
Explanation:
Call X as the adjusted gross income before taxation. The corporate income tax is <em>0.05 * X</em>. Given that the <em>incremental</em> federal tax rate is 34% after the state corporate income tax and because the state corporate income tax is <em>deductible</em> from the federal taxes, the incremental federal tax is <em>0.34 * (X - 0.05 * X)</em>. Therefore: <em>0.34 * (X - 0.05 * X)</em> = <em>0.34 * 0.95 * X</em> = <em>0.323 * X</em>. The combined effective tax rate should be 32.3%.
