your salary is $50,000 income tax rate is 21% on the first $35,000 and 23% on the rest of your income what is the total amount of tax that you owe A.$10,500 B. $10,770 C. $10,800 D.$11,500​

Answers

Answer 1

Answer:

C

Explanation:

35000 = 100%

35000×0.21 = 21% = $7350

50000 - 35000 = 15000 = 100%

15000×0.23 = 23% = $3450

so, in total, I pay

7350 + 3450 = $10,800


Related Questions

a. According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the _______________ relatively low.
b. Suppose Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties. The parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights. This is an example of :

Answers

According to the Coase theorem, private parties can negotiate an efficient solution in the presence of externalities if the transaction costs are relatively low.

When Jeremy, Francis, and Andrew are part of Mu Epsilon Nu, a college fraternity known for its very loud, rambunctious weekend parties and the parties annoy many of the residents in nearby apartment complexes due to the loud music and blaring neon lights, it illustrates an example of an external cost.

An external cost simply means the cost that is incurred by an individual or firm as a result of the economic transactions of another entity.

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On January 1, 2021, the Marjlee Company began construction of an office building to be used as its corporate headquarters. The building was completed early in 2022. Construction expenditures for 2021, which were incurred evenly throughout the year, totaled $9,600,000. Marjlee had the following debt obligations which were outstanding during all of 2021:

Construction loan, 9% $2,400,000
Long-term note, 8% 3,200,000
Long-term note, 5% 6,400,000

Required:
Calculate the amount of interest capitalized in 2021 for the building using the specific interest method.

Answers

The amount of interest capitalized in 2021 for the building using the specific interest method is $360000.

The first thing to do is to calculate the average cost of borrowing which will be:

= ($3200000 × 8%) + ($6400000 × 5%) / $9,600,000

= ($256000 + $320000) / $9600000

= $576000 / $9600000

= 0.06 = 6%

The average expenditure during the year will be:

= $9600000/2.

= $4800000

The capitalized Interest will be:

= 9% × $2400000

= $216000.

Then, the capitalized Interest for the borrowing will be:

= 6% × $2400000

= $144000

The total capitalized Interest will be:

= $216000 + $144000

= $360,000

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True or False: Some nonactivists believe in a predetermined-money growth rate, which suggests that the monetary authorities should target the proper federal funds rate before implementing monetary policies. False

Answers

True Some no activist believe in a predetermined money growth rate

g At the beginning of the year, Calvin paid $5,000 for 60 shares of Eddington stock. In June, he received a $300 cash distribution with respect to the stock. His Form 1099-DIV reported that $170 was an ordinary dividend and $130 was a nontaxable return of capital. Compute Calvin's tax basis in his 60 shares at year-end.

Answers

Based on the information given Calvin's tax basis in his 60 shares at year-end is $4,870.

Using this formula

Tax basis=Beginning  cash-Nontaxable return of capital

Where:

Beginning cash=$5,000

Nontaxable return of capital=$130

Let plug in the formula

Tax basis=$5,000-$130

Tax basis=$4,870

Inconclusion Calvin's tax basis in his 60 shares at year-end is $4,870.

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Explain 5 reasons why organizations restrict their staff from communication with press

Answers

Answer:

Explanation:

Work environment.

People's attitudes and emotional state.

Time zone and geography.

Distractions and other priorities.

Cultures and languages.

A company issues $50,000 of 4% bonds, due in 5 years, with interest payable semiannually. Assuming a market rate of 3%, the bonds issue for $52,306. Calculate the carrying value of the bonds after the first semiannual interest payment.

Answers

The carrying value of the company's bonds after the first semiannual interest payment is $52,090.59.

Data and Calculations:

Face value of bonds = $50,000

Bonds Proceeds = $52,306

Bonds Premium = $2,306 ($52,306 - $50,000)

Maturity Period = 5 years

Coupon interest rate = 4%

Market interest rate = 3%

Interest Payment = Semiannually

First Semiannual Interest Payment:

Cash payment = $1,000 ($50,000 x 4% x 1/2)

Interest expense = $784.59 ($52,306 x 3% x 1/2)

Amortization of premium = $215.41 ($1,000 - $784.59)

Carrying value = $52,090.59 ($52,306 - $215.41)

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Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $3 per unit. Bluebird currently produces and sells 75,000 units at $7.00 each. This level represents 80% of its capacity. These bird feeders would be marketed under the wholesalerâs name and would not affect Bluebirdâs sales through its normal channels. Production costs for these units are $3.50 per unit, which includes $2.25 variable cost and $1.25 fixed cost. If Bluebird accepts this additional business, the incremental cost will be: ____________

a. $45,000.
b. $7,500.
c. $33,750.
d. $38,750.
e. $11,250.

Answers

If Bluebird accepts this additional business, the incremental cost will be: c. $33,750.

Using this formula

Incremental cost=Number of order for  feeders× Variable cost

Where:

Number of order for  feeders=15,000 feeders

Variable cost=$2.25

Let plug in the formula

Incremental cost=15,000×$2.25

Incremental cost=$33,750

Inconclusion  if Bluebird accepts this additional business, the incremental cost will be: c. $33,750.

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the fijian dollar is currently trading for AUD 2.55. if the interest rate in australia is 5.5% and the interest rate in New Zealand is 6.5% what would be the one year forward exchange rate

Answers

Since the interest rate in Australia is 5.5% and the interest rate in New Zealand is 6.5%, then the one-year forward exchange rate is 1 Fijian dollar equals 2.53 AUD.

The information given from the question is that 1 Fijian dollar = 2.55 AUD.

Based on the information, the foreign currency is Fijian dollar while the home currency is AUD. Therefore, the forward rate will be:

= 2.55 × [(1 + 5.5%) / (1 + 6.5%)

= 2.55 × (1.055 / 1.065)

= 2.55 × 0.99

= 2.53

In conclusion, 1 Fijian dollar equals 2.53 AUD.

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Beacon Corporation issued a 7 percent stock dividend on 22,500 shares of its $9 par common stock. At the time of the dividend, the market value of the stock was $28 per share. Required Compute the amount of the stock dividend. Show the effects of the stock dividend on the financial statements using a horizontal statements model. Prepare the journal entry to record the stock dividend.

Answers

1. The amount of the stock dividend is $44,100 (1,575 x $28) because it is a small stock dividend, that is, less than 25%.  A small stock dividend is recorded at the market price instead of the par value.

2. The effects of the stock dividend on the financial statements are as follows:

Balance Sheet                          Retained Earnings   Statement of Cash Flows

Assets = Liabilities + Equity        

Assets = $44,100 + ($44,100)          ($44,100)            None

Data and Analysis:

Common stock at $9 par value

Stock dividend shares = 1,575 (22,500 x 7%)

Par Value of stock dividend = $14,175 (1,575 x $9)

Additional Paid-in Capital = $29,925 (1,575 x $19

Market value of the stock per share = $28

Retained Earnings $44,100 Additional Paid-in Capital $29,925 Common Stock $14,175

Stock Dividend $44,100 Stock Dividend Distributable $44,100

Thus, the effects of the issuance of the 7% stock dividend are the creation of a liability of $44,100 and a reduction of the Retained Earnings, which are transferred to the Common Stock and Additional Paid-in Capital.

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Logic teaches students how to think for themselves. It helps them develop their critical thinking skill. It gives them the ability to analyze and evaluate arguments. I think it should be taught in schools.

Answers

Answer:

what is the question tho?

Explanation:

Benefits of Digital Communication
This activity is important because the Internet has created tremendous opportunities for companies to forge relationships with consumers and business customers, target markets more precisely, and even reach previously inaccessible markets around the world. Digital communication offers a completely new dimension in connecting with others. There are five characteristics that distinguish digital from traditional communication: addressability, interactivity, accessibility, connectivity, and control. This exercise explores the meaning of these characteristics and how they enhance marketing.
The goal of this activity is to demonstrate your understanding of both digital media and digital marketing, as well as demonstrate the role of digital marketing and social networking in today’s business environment. Roll over the items to read the hints. Match the company actions to the correct characteristic.
a. Procter & Gamble
b. Marketers at Apple
c. Benjamin Moore & Co.
d. NASCAR
e. Apple’s website
1. Addressability
2. Interactivity
3. Accessibility
4. Connectivity
5. Control

Answers

Answer:

1.C.Benjamin Moore & Co.

2.A.Procter & Gamble

3.D.NASCAR

4.B.Marketers at Apple

5.E.Apple's website

#carryonlearning

The correctly matched company actions and their characteristic:

Addressability - Benjamin Moore & Co.Interactivity - Procter & GambleAccessibility - NASCARConnectivity - Marketers at AppleControl - Apple’s website

What are the benefits of Digital Communication?

The act of communicating information from one person to another through digital equipment is known as digital communication. A text message or email can be sent, or it might be more complicated like using social media or video conferencing. Communication is more crucial than ever in today's digital environment.

Digital communication has several advantages, including the capacity to interact with individuals from all over the world and the capacity to communicate more effectively and efficiently. Digital communication can present certain difficulties, too, including the possibility of misunderstandings and the requirement for strong cyber security. This is crucial for companies who wish to promote their products or services.

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Baker Corp. pays a constant $1.8 dividend on its stock. The company will maintain this dividend for the next 15 years and will then cease paying dividends forever. If the required return on this stock is 5 percent, what would the current share price be

Answers

Answer:

1.8 divided by 15 easy

Explanation:

0. somthing

Fiat money is generally issued by A. central banks. B. private banks. C. major multinational corporations. D. brokerage firms.

Answers

Fiat money is generally issued by central banks. The answer to this question is option A.

Fiat money can be described as the currency that is issued by the government of a country. The Fiat is not a currency that is backed by gold.

The central bank of the country is the body that is responsible for this currency.

The fiat is important to the economy because it gives the federal government of the nation a better control over what is printed in the economy as money.

Paper money such as the US dollar is an example of a fiat currency.

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You are replacing a team’s leader and have noticed a number of team norms. If you are wondering how certain behaviors got established as acceptable, you should inquire about:

CHECK ALL THAT APPLY
- What behaviors research has shown are most productive for teams
- Patterns of behavior that were laid down during the forming stage, when the team was just starting out
- Explicit statements that influential people have made about what behaviors are good and bad
- Critical events in the team’s history that reinforced certain behaviors

Answers

Answer:

✘ What behaviors research has shown are most productive for teams

✔ Patterns of behavior that were laid down during the forming stage, when the team was just starting out  

✔ Explicit statements that influential people have made about what behaviors are good and bad  

✔ Critical events in the team’s history that reinforced certain behaviors

You should inquire about Patterns of behavior that were laid down during the forming stage, when the team was just starting out, Explicit statements that influential people have made about what behaviors are good and bad, and Critical events in the team’s history that reinforced certain behaviors. Thus, option B, C and D are correct.

What are patterns of behavior?

Chains of behavior is another name for behavior patterns, emphasizing its structure as a complex connection of simpler behavioral segments. They could be created through operant conditioning using different segments presented in the right sequence. referred to as a behavioral pattern.

Some actions can be picked up through experience. Any person can be conditioned to act a certain way, regardless of background. This can start as early as infancy. For instance, if you were raised in a home where someone struggles with anxiety, you may have picked up on coping mechanisms or ways of handling situations that are similar. This may thus create the appearance that you suffer from anxiety yourself, but this is not the case.

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Jay, a divisional vice president of a consumer goods manufacturer, gives a presentation to all divisional employees to outline the company’s goals for the coming year. This is an example of what type of organizational communication?

✔ a. Downward communication
b. Grapevine communication
c. Lateral communication
d. Upward communication
e. Virtual communication

Answers

Answer:

downward communication

What is one way to earn more money through Social Security?
A. Work part time rather than full time.
B. Retire as soon as you can collect Social Security.
C. Delay retirement until age 70.
D. Start collecting Social Security at 62.

Answers

Answer:

The answer is C

Explanation:

The longer you wait to collect SSI the larger the amount will be due to the fact you have paid in more.

Answer:

c

Explanation:

The issue of the enforceability of covenants not to compete is typically a matter of state common law (so enforceability varies state-by-state based on case-by-case court decisions). In general, for a covenant not to compete to be enforceable, the restraints (time restrictions, territory restrictions, scope of activity restrictions) must protect a legitimate business purpose, must not impose an undue burden on the employee, and must be otherwise reasonable.

Required:
Do you believe that the restraints in this covenant not to compete ("Restrictive Covenant") should be enforceable? Why or why not? Explain

Answers

Answer:

The issue of the enforceability of covenants not to compete is typically a matter of state common law (so enforceability varies state-by-state based on case-by-case court decisions). In general, for a covenant not to compete to be enforceable, the restraints (time restrictions, territory restrictions, scope of activity restrictions) must ...

Do you believe that the restraints in this covenant not to compete ("Restrictive Covenant") should be enforceable? Why or why not? Explain

Explanation:

When calculating free cash flows to common equity shareholders, financing activities do not include: A. Adjustments for capital expenditures B. Financial asset cash flows C. Adjustments for Preferred stock cash flows D. Debt cash flows

Answers

Answer:

B.Financial asset cash flows

Explanation:

then you are going to blacken the circle that correspods to your answer and from the letters of the word will be revealed to decode the answer. in i thank you.

Financial asset cash flows are excluded from financing activities' calculations of free cash flows to common equity owners. As a result, choice (B) is the appropriate response.

What is free cash flow?

The cash that a corporation generates after deducting cash outflows for operating expenses and capital asset maintenance is known as free cash flow (FCF). Free cash flow, as opposed to earnings or net income, is a metric of profitability that takes into account both changes in working capital from the balance sheet as well as spending on assets and equipment. It also eliminates non-cash expenses from the income statement.

By compensating for non-cash costs, changes in working capital, and capital expenditures, FCF reconciles net income. As an additional tool for examination, free cash flow might show fundamental issues before they appear on the income statement.

Hence, option (B) is accurate.

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A(n) select an option standard is expressed as a unit amount while a(n) select an option budget is expressed as a total amount.

Answers

A budget expresses a total amount while a standard expresses a unit amount.

A budget refers to the total projected revenues, costs, or expenses. A standard refers to the projected amount per unit of product or per unit of input or per unit of output.

The difference between a standard and a budget is that a budget expresses a total amount while a standard expresses a unit amount.

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A partnership began its first year of operations with the following capital balances: Young, Capital $ 143,000 Eaton, Capital $ 104,000 Thurman, Capital $ 143,000 The Articles of Partnership stipulated that profits and losses be assigned in the following manner: Young was to be awarded an annual salary of $26,000 and $13,000 salary was to be awarded to Thurman. Each partner was to be attributed with interest equal to 10% of the capital balance as of the first day of the year. The remainder was to be assigned on a 5:2:3 basis to Young, Eaton, and Thurman, respectively. Each partner withdrew $13,000 per year. Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year. What was the balance in Thurman's Capital account at the end of the second year

Answers

From the information given, the balance that will be in the capital account of Thurman at the end of the second year will be $132860.

The partners account at the end of the second year for Thurman will be calculated thus:

Beginning capital = $126100Add: Net income = $19760Less: Drawings = $13000Ending capital = $132860

Therefore, the balance in the account will be $132860.

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Colliers, Incorporated, has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $2 per share, but because of cash flow problems, the company did not pay any dividends last year. The board of directors plans to pay dividends in the amount of $600,000 this year.
Required:
a. What amount will go to preferred stockholders?
Dividend Payment to Preferred Stockholders
b. How much will be available for common stock dividends?
Dividend Payment to Common Stockholders

Answers

a. The amount that will go to the preferred stockholders is $400,000.

b. The amount of the declared dividend that will be available for common stock dividends is $200,000 ($600,000 - $400,000).

Data and Calculations:

Cumulative Preferred Stock Outstanding = 100,000 shares

Dividends per share = $2

Cumulative Preferred Dividend last year = $200,000 (100,000 x $2)

Preferred Dividend this year = $200,000 (100,000 x $2)

Total preferred dividend to be paid this year = $400,000

Thus, the Preferred Stockholders will be paid $400,000 ($200,000 for last year and $200,000 for this year).

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ournalize the entries to record the following selected transactions: a. Sold $900 of merchandise on account, subject to 7% sales tax. The cost of the goods sold was $510. b. Paid $436 to the state sales tax department for taxes collected.

Answers

Answer:

Paid $436 to the state sales tax department for taxes collected

discuss in details what is the sources of finance in UAE?​

Answers

Answer:

loans, syndicated loans,the production of goods and provision of services related to petroleum, petrochemicals, aluminium and cement.

Explanation:

hope i t helped<3

mark me as brainliest plz

Motivating workers through ________ relies on the workers desiring personal growth and having the necessary skills.

Answers

your answer for the problem would be task variety

Motivating workers through task variety relies on the workers desiring personal growth and having the necessary skills.

Task variety

Task variety is the extent to which employees are able to perform a wide range of tasks and refers to the use of different skills and variety in their job content.

How it helps workers ?

It helps the works by motivating them and help them in becoming more creative. It will make the workers capabe of handling different situations at different problems.

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Grover Manufacturing is leasing some equipment from Woodson Equipment. Woodson has classified the lease as a sales-type lease. For what reason would Grover Manufacturing increase the present value of the lease payments

Answers

Answer: The lease contains a bargain-purchase option.

Explanation:

Grover Manufacturing increases the present value of the lease payments This is so that the lessee will be informed of any changes to the next lease payments.

How lease affect the debt?

Your DTI ratio rises as a result of the debt obligation that leasing a car adds to your credit report. You can, however, make your lease payments more affordable by negotiating in certain ways, which will lessen the impact. The gross capitalization cost is one lease component you might discuss to reduce the monthly payment.

Grover Manufacturing increases the present value of the lease payments This is so that the lessee will be informed of any changes to the next lease payments. Due to the increased future lease payments as a result of this modification, the lessee now has a greater lease debt.

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Is L. Gore a mechanistic or an organic organization?

Answers

organizational structure

The type of leadership most appropriate when major changes are needed in an organization would be: Group of answer choices transactional transformational path-goal managerial grid task-centered

Answers

The name which is given to the type of leadership which is most appropriate when major changes are needed in an organization would be transformational leadership.

According to the given question, we are asked to state the type of leadership which would be best suited when there is a need to effect major changes in an organization.

As a result of this, we can see that the name of this type of leadership is the transformational leadership as the leader pushes the workers to go beyond their self interests to see a change.

The other options are not appropriate for major changes as they are more concerned with the satisfaction of the workers rather than getting major changes.

Therefore, the correct answer is option A

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One form of long-term team that is increasingly being used, especially in lean production settings, is: quality circle. product design. self-directed. self-improvement. mandatory.

Answers

The long-term team that can be attributed to settings especially lean production settings is self-directed.

A self-directed team can be regarded as individuals that comes together in an organization, and they have various talents as well as abilities to work toward a common goal.

In this settings there might not be a  standard administrative oversight and this is what is common in lean production settings.

Therefore, option C is correct.

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xercise 11-7 (Algo) Net present value and unequal cash flows LO P3 Gomez is considering a $240,000 investment with the following net cash flows. Gomez requires a 12% return on its investments. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Year 1Year 2Year 3Year 4Year 5 Net cash flows$72,000$45,000$71,000$160,000$57,000 (a) Compute the net present value of this investment. (b) Should Gomez accept the investment

Answers

The net present value of this investment is $44,722.06.

The investment should be accepted.

Net present value is a capital budgeting method. It is calculated as the present value of after-tax cash flows from an investment less the amount invested in the project.  

NPV can be calculated using a financial calculator .

Only projects with a positive NPV should be accepted.

Cash flow in year 0 = $-240,000

Cash flow in year 1 = $72,000

Cash flow in year 2 = $45,000

Cash flow in year 3 = $71,000

Cash flow in year 4 = $160,000

Cash flow in year 5 =  $57,000

Interest rate = 12%

NPV = $44,722.06

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A company's board of directors votes to declare a cash dividend of $1.45 per share of common stock. The company has 29,000 shares authorized, 24,000 issued, and 23,500 shares outstanding. The total amount of the cash dividend is:

Answers

Answer 41,050.

A company's board of directors votes to declare a cash dividend of $1.45 per share of common stock. The company has 29,000 shares authorized, 24,000 issued, and 23,500 shares outstanding. The total amount of the cash dividend is: $41,050.

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