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3 years ago

How do owners and workers get income from business

Business

1 answer:

Annette [7]3 years ago

3 0

The owner will give the worker a certain percent of the income and the owner will take the rest

Explanation:the owner will give the worker a certain amount from the income he get he might give the employe 2% of what the income is each day or month of might give them a salary base on how much profit the worker contribute but the owner will alway be able to take the rest of the income after tax.

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If the margin of safety is $200,000, fixed expenses are $50,000 and sales revenue is $500,000, what are variable costs?

Setler79 [48]

Answer: $250,000

Explanation:

4 0

2 years ago

Smart Manufacturing budgeted costs for 50,000 linear feet of block are: Fixed manufacturing costs $24,000 per month Variable man

Gekata [30.6K]

Answer:

$664,000

Explanation:

The computation of the budgeted total manufacturing cost is shown below:

Budgeted total manufacturing costs is

= Fixed cost + Variable cost

= $24,000 + ($16 × 40,000 linear feet of block)

= $24,000 + $640,000

= $664,000

We simply added the fixed cost and the variable cost so that the total budgeted manufacturing cost could come

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3 years ago

Traditionally, small businesses tended to be concentrated in the ________ industry.

DENIUS [597]

Traditionally, small businesses tended to be concentrated in the retail or retailing industry.

The retail industry involves a business that sells good or services to a consumer. The sell these items based on the demand of the good or service. Even today, the retail industry is growing fast and still one of the main focuses of small businesses.

7 0

3 years ago

On December 31, 2019, Spearmint, Inc., issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. After recording the rela

cluponka [151]

Answer:

Interest expense 18,284.17 debit

Premium on BP 1,965.83 debit

Cash 20,250 credit

Explanation:

procceds 461,795

face value 450,000

premium on bonds payable 11,795

As the cash received exceed the face value then, the bonds were isued at premium.

This will be amortized over the bonds life

3-year bonds with semiannual payment: 6 payment in total

amortization per payment:

11,795 / 6 = 1.965,83

The will post:

the cash disbursement in favor of the bondholder:

450,000 x 9%/2 = 20,250

amortization (1,965.83)

interest expense: 18.284,17‬

3 0

3 years ago

Read 2 more answers

Assume that Microsoft has no debt, a total market value of $300 billion, and a marginal tax rate of 21%. If it permanently chang

Sphinxa [80]

The presence value of tax shield is =522,000,000

<h3>What is Tax shield?</h3>

Tax shields is calculate by substraction cash flow form two different sessions.

To determine the present value for first session

Market value = $300 billion

Tax rate = 20%

Debt = 0

Tax payable= Tax rate/100% * Market Value

Tax payable = 20/100× $300 billion

= 600,000,000

To get present value of tax

Market value = $300 billion

Tax rate = 20%

Debt = 13% of $300 billion

= 390,000,000

Present Market Value = $300 billon - 390,000,000

= 2,610,000,000 i.e $2.6billion

Tax payable = 20/100 × $2.6 billion

=522,000,000

Learn more on tax shield here,

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5 0

2 years ago

How do owners and workers get income from business​

How do owners and workers get income from business