Answer:
c = 2164.16
Explanation:
GIVEN DATA:
Cash Flow= 25000
Interest rate= 10%
Total Periods= 80 - 60= 20 years
PV Ordinary Annuity

Annuity to be paid from 35 age to 60 age for amount of 212839.09
No of Periods = 60 - 35 = 25 years
Future Value = 212839.09
Interest rate = 10%
FV Ordinary Annuity 

c = 2164.16
Answer:
No, She is not right in doing so.
Explanation:
As provided, she tries to close the books by adding all the false amounts which shall alter the balances temporarily and then after returning from vacation she will correct them, but up till vacation the accounts will not represent the true and fair view.
As per US GAAP the books shall represent true and fair view of all the transactions of the company in its accounting records, not only at the year end but even during the year.
Therefore, this will be false and unethical and will be against the compliance of US GAAP if such practice of wrong recording is done.
Answer:
Option (C) is correct.
Explanation:
EBT means Earnings Before Tax, so you ignore the tax rate for this problem.
Then solve for the EBT figure.
EBT:
= Revenue - Operating costs - Depreciation - interest
= $18,500 - $8,250 - $1,750 - ($9,000 x 7%)
= $18,500 - $8,250 - $1,750 - $630
= $7,870
Therefore, $7,870 was the firm's earnings before taxes (EBT).
Answer:
Communicate the task. Describe to your employees exactly what you want done, when you want it done, and the end results you expect. Be clear and unambiguous and encourage your employees to ask questions. ... Empower your employees with the level of authority required to complete the task.
Answer:
D. Progressive and the incident is on the tax payer
Explanation:
The federal personal income tax is a progressive tax because the tax increases as the income of the individual increases.
A progressive tax system is where higher tax rate falls on high income earners and lower tax rate on low income earners. The incident of personal income tax is on the tax payers because they the burden of paying the tax is borne by them.