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denis23 [38]
2 years ago
12

Managerial economics provides useful insights into _____ facets of the business and nonbusiness world.

Business
1 answer:
Doss [256]2 years ago
7 0

Answer:

all

Explanation:

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Us federal income tax is progressive by law, but which best explains why is it sometimes regressive in practice?
Solnce55 [7]
I believe the answer is: High-income earners use tax laws to their advantage to reduce their tax rates

High income earners tend to possess financial knowledge or ability to allow experts who understand the full scope of taxation laws and how to recorded the transactions in a way that make it eligible for tax deduction. This makes a lot of high income earners manage to avoid paying taxes even if they manage to obtain a lot of profit.
3 0
3 years ago
Read 2 more answers
Schager Company purchased a computer system at a cost of $40,000. The estimated useful life is 10 years, and the estimated resid
Elodia [21]

Answer:

The correct answer is B: $5,600

Explanation:

Giving the following information:

Schager Company purchased a computer system for $40,000. The estimated useful life is 10 years, and the estimated residual value is $5,000.

Double-declining balance method= Netbook value* (2/useful life in years)

Year 1:

Double-declining balance method= (40000-5000)*(2/10)= $7000

Year 2:

Double-declining balance method= (35000-7000)*0.20= $5,600

7 0
2 years ago
From her sales income, barbara has subtracted cost of goods sold, operating expenses, interest expense, and taxes. what she has
Murrr4er [49]
The answer is net income
Net income is the amount of capital that the Company's made during an operational year after all relevant expenses have already been deducted.
Some amount of the net income will be shared to shareholders according to the percentage, and some of it will be put in company's capital to expand the operation.
6 0
3 years ago
ecord adjusting journal entries for each of the following for year ended December 31. Assume no other adjusting entries are made
k0ka [10]

Answer: Please Refer to Explanation

Explanation:

Please see complete question attached to this answer.

A.

As the company has not paid the salary but they recognize it is an expense, it should be credited to Salaries payable from the salary expense account.

DR Salary Expense $ 18,500

CR Salary Payable $18,500

( To record Salary Expense incurred but not paid)

B.

As the company has not paid the interest but they recognize it is an expense, it should be credited to Interest Payable from the interest expense account until it is paid.

DR Interest Expense $400

CR Interest Payable $400

( To record interest expense on loan not paid )

C.

As the company has not paid the mortgage interest but they recognize it is an expense, it should be credited to mortgage payable from the mortgage account expense account

DR Mortgage Interest Expense $1,025

CR Mortgage Interest Payable $1,025

( To recording interest expense on mortgage not paid for the year).

3 0
3 years ago
karl opens a savings account with 2500.Hedeposits1500 every year into the account that has a 0.75% interest rate, compounded mon
Anastasy [175]

Answer:

28707.80 is the account balance after 10 years.

Explanation:

In his question we have two parts of the problem  the first one is a single deposit of 2500 in which we will find its future value after 10 years by using the future value formula which is Fv = Pv(1+i)^n , where

Fv is the future value after 10 years of saving the amount which we are calculating.

Pv is the present value initial investment of 2500

i is the annual interest rate which will be 0.75% x 12 = 9% as we are given a rate which is for monthly compounding.

n is the number of years the 2500 is saved up for.

Then we substitute these values to the above mentioned formula:

Fv = 2500(1 +9%)^10

Fv = 5918.41

now we will solve the second part of the question which involves 1500 deposited every year which this is an annuity part of the question where periodic payments are made constantly over 10 years for a certain future amount. which the formula is Fv = C[((1+i)^n -1)/i] , where

Fv is the future value of saving 1500 per year for 10 years

C is the periodic saving which is 1500

i is the annual interest rate of 9% as the 1500 is saved per year

n is the number of periods the 1500 is deposited for which is 10 years'

now we substitute to the above mentioned formula to find the future value:

Fv =  1500[((1 + 9%)^10 -1)/9%]

Fv =22789.39 .

now we will combine both future values to find the account balance after 10 years which will be 22789.39+ 5918.41 = 28707.80 rounded off to two decimal places.

5 0
2 years ago
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