State tax is 5%, so 0,05
0,05•4000=200$
Federal tax is 25% so 0,25
0,25•4000=1000$
Total of taxes to pay =1000+200=1200$
So the real profit will be
4000-1200=3800$
The real value of Annie's profit is 3800$
Answer:
True
Explanation:
The board as described, refers to the group formed of all the directors, in a company.
Out of all the directors, one individual is selected to lead the group called Chairman.
Further, a designation called Chief Executive Officer is provided to an individual, who is held as one among the key members of the company.
But that person is below the directors, and is appointed through directors.
Answer:
The statement is true
Explanation:
Business expenses are deductible to the extent that they are incurred outside the tax home. Expenses related to business purpose are deductible. For example, meals and lodging expenses. Personal expenses are not deductible.
However, for cost incurred on travel to and from destination within tax home is considered business expenses and is not required to be prorated between business and personal expenses. IRS keeps a close eye on any business travel outside tax home as in this case expenses need to be prorated between business and personal use.
Well i don't know what the question is but i am guessing that you would want to keep the flowers growing and in good shape
The answer to your question is B.
Hope this helps!
