The amount that is got as an interest income from a corporate bond will be taxable under the income tax. So $1150 will be taxable in the given case.
<h3>What is the income tax?</h3>
The income tax is defined as a direct tax which is collected from the assesses directly on the total income he earned. It is clearly defined under the act that the Federal and state taxes are paid on the interest earned on a corporate bond.
In this case, Hestia's parents claim her as a dependent, since she is 17 years old. Hestia received $1,150 in interest from a corporate bond she owns in 2021. Then as per the income tax act, $1,150 would be taxable.
Learn more about the income tax, refer to;
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Answer:
Written
Explanation:
What is written communication?
Writing that connects with listening, reading and speaking, and is an extension of spoken word as a form of communication.
Answer:
12.75 %
Explanation:
Cost of Capital is calculated on a Weighted Average basis. This is because there is a Pooling of Funds when it comes to financing projects. So Cost of Capital is the Return that is Required by providers of Long Term source of finance.
Cost of Capital = E/V × Ke + D/V × Kd
Where,
E/V = Market Weight of Equity
= 0.55
Ke = Cost of Equity
= 15%
D/E = Market Weight of Debt
= 0.45
Kd = Cost of Debt
= 10%
Therefore,
Cost of Capital = 0.55 × 15% + 0.45 × 10%
= 12.75 %
Answer:
$119,400
Explanation:
The computation of the net income that should be distributed to Emmett is as follows:
<u>Particulars Emmett Sierra Total</u>
Net income $200,000
Salary $48,000 ($48,000)
Balance left $152,000
Interest at 8% $2,000 $11,200 ($13,200)
($25,000 × 8%) ($140,000 × 8%)
Balance left $138,800
Balance allocation $69,400 $69,400
Share of profit $119,400 $80,600
Answer: Vertical integration
Explanation:
The vertical integration is one of the type of business management strategy that helps in managing the organization supply chain and also helps in producing the different types of products and the services.
It helps in controlling the distributors, producers and also the retailer in the business. The following are some advantages of the vertical integration are as follows:
- Helps in improving the efficiency
- Reducing the overall cost
- Helps in control the different types of functions
- Increase the share in the market
According to the given question, the fresh n fragrant is practicing the vertical integration hat helps in the manage supply chain of the company.
Therefore, Vertical integration is the correct answer.