Answer: $14,000 (Unfavorable)
Explanation: The book tax difference is the difference between the expenses for the book purpose in 2019 and the price of the option exercised. If the difference is positive it is unfavorable while if the difference is negative it is favorable.
Difference in book tax = The total value of the shares at the year - Amount of bargain element on option exercised.
Difference in book tax = ($40,000 × 1/2) - (1,000 × $6)
Difference in book tax = $20,000 - $6,000
Difference in book tax = $14,000
It is unfavorable because book tax expenses exceed the tax deductions.
The given case involves c. both a state and a federal discrimination claim.
<h3>What is a Discrimination Claim?</h3>
This refers to the allegations that are leveled by an employee against his employer about job discrimination based on factors such as immigration status, national origin, etc.
Hence, we can see that in a discrimination claim, if the laws are the same, then a judge can make a decision and apply it to both federal and state claims.
With this in mind, we can see that because Rapunzel who lives in Massachusetts files a discrimination claim against her employer, this is both a federal and state claim because it happened in Massachusetts and she had exhausted her administrative remedies.
This leads to the consideration of the courts to file her claim as this can be arrived at based on the question of A. whether the case can be tried in federal court and which courts have personal jurisdiction over Rapunzel.
Read more about discrimination claims here:
brainly.com/question/5987026
Given:
Sales Revenue = 150,000
ROI = 12%
turnover = 3
ROI = Margin * Turnover Margin
12% = Margin * 3
12%/3 = Margin
4% = Margin
Margin = Net Operating Income / Sales
4% = Net Operating Income / 150,000
4% * 150,000 = Net Operating Income
6,000 = Net Operating Income
The answer is a.True
The cost of the fixed asset is already excluded from the net income. In this case, the rate of return can be computed by the total net income divided by the cost of the fixed asset. So that would be $200,000/$400,000. The rate of return would be 50%
Answer:
Depreciation expense $12,910
Book value $46,680
Explanation:
Kansas Enterprises
Formula for Depreciation expenses
Annual depreciation expense=(Cost-Residual value)/Useful Life
Where,
Cost = 72,500
Residual value =7,950
Useful life = 5 years
Let plug in the formula
=(72,500-7950)/5
=64,550/5
=$12,910/year
Therefore depreciation expense for 2021
=$12,910
Calulation for Book value
Book value = $72,500 – ($12,910× 2)
$72,500 -$25,820
=$46,680
Therefore the book value would be $46,680
