The following information is given about Alpha Corporation's results for the current year:Net income per books (before federal income taxes)Federal income tax expense paid (cash outflow) $500,000$150,000 Book income per financial records, before taxes: $500,000.
Additional information:The tax laws permit the corporation to depreciate $1,000,000 on its tax return this year but only $700,000 on its financial statements this year.The company paid $15,000 in fines to a government regulatory agency for violation of laws. The fine is not tax-deductible.What is the taxable income of Alpha Corporation and its current tax payable?Taxable income:As per the tax laws, the company can depreciate $1,000,000 on its tax return but only $700,000 on its financial statements. Therefore, the company can show an additional depreciation expense of $300,000 on its tax return.
The taxable income can be calculated as follows:Taxes = (500,000 - 700,000 + 300,000) x 21% = $42,000Therefore, the taxable income of Alpha Corporation is:Book income per financial records, before taxes - Tax adjustments = $500,000 - ($700,000 - $1,000,000) = $800,000Tax payable:The current tax payable can be calculated as follows:Current tax payable = Taxable income x Tax rate = $800,000 x 21% = $168,000Therefore, the current tax payable of Alpha Corporation is $168,000.
To know more about taxes visit :
https://brainly.com/question/12611692
#SPJ11
Which factor might pose the greatest risk to a person applying for a credit card for the first time?
A. A short grace period
B. A low introductory credit limit for the first six months
C. A low introductory rate that will increase over time
D. A lack of fees
Of the following options, the factor that might pose the greatest risk to a person applying for a credit card for the first time is option (C): A low introductory rate that will increase over time. A credit card is a type of loan that allows you to borrow money when you make a purchase.
You must repay the amount you borrowed at a later date, as well as any interest charges incurred. Credit cards are offered by a variety of lenders, including banks, credit unions, and department stores.Credit card interest rates. The interest rate on a credit card is the amount you must pay to borrow money.
The credit card issuer usually sets the interest rate. Interest is calculated based on the amount of money you owe and is typically expressed as an annual percentage rate (APR).
APRs can be fixed or variableFixed APR: A fixed APR is one that remains constant over time.Variable APR: A variable APR can fluctuate over time. The rate you are charged is determined by adding a set amount (known as the "margin") to an index (such as the prime rate) that changes over time.
Credit card issuers may also offer introductory or promotional APRs, which are lower than the regular APR for a set period. Once the promotional period ends, the interest rate will rise to the regular APR. A low introductory rate is an initial, temporary interest rate that is charged on a credit card balance.
The promotional period is usually between 6 and 18 months, but it can last up to 24 months. The low introductory rate is usually much lower than the regular APR. After the promotional period ends, the interest rate on the outstanding balance reverts to the regular APR.
A low introductory rate can seem appealing, but it is important to read the terms and conditions to understand what happens when the promotional period ends. If the rate increases significantly, you may end up paying more in interest charges than you would have if you had selected a card with a higher regular APR from the start.
This factor is the reason why option (C): A low introductory rate that will increase over time might pose the greatest risk to a person applying for a credit card for the first time.
For more question on interest rate
https://brainly.com/question/29451175
#SPJ8
Linda Baer has already saved $6,500 to buy a used vehicle. Ignoring taxes and assuming her money is invested in a money market account earning 3 percent compounded annually, how long will it take to buy a car that costs $9,000?
Answer:
11 years.
Explanation:
Below is the calculation for the time period:
Present value of the money = $6500
Interest rate = 3%
Future value of the money = $9000
Future value = Present Value (1 + r )^n
9000 = 6500 (1 + 3%)^n
9000/6500 = (1 + 3%)^n
1.3846 = (1.03)^n
Now solve for the value of n by taking ln on both sides.
Thus n = 11 years.
every year, antoni hosts a holiday party for his friends. his party budget is $200. antoni spends his budget on food platters that cost $25 each and on entertainment, which costs $50 per hour.
The budget constraint of Antoni based on the information is 25f + 50e = 200
The budget constraint simply means a boundary of the opportunity cost. It represents all the combinations of goods that a person will buy at a price based on the income that the person has.
Based on the information given,
Income = $200
Cost of food platters = $25 each
Cost of entertainment = $50 per hour
Therefore, the budget constraint based on the above will be 25f + 50e = 200 where f = food platters and e = entertainment.
Read related link on:
https://brainly.com/question/25076850
The monetary value of what a firm received for goods sold, services rendered, and other payments is termed:.
Answer:
Revenue?
Explanation:
Revenue is the monetary worth of what a company receives for items sold, services given, and other payments.
What is the revenue?The total amount of income earned by the sale of goods or services connected to the company's principal operations is referred to as revenue. Because it appears at the top of the income statement, revenue, also known as gross sales, is sometimes referred to as the “top line.”
Revenue refers to the overall earnings generated by a company via its primary operations, such as product or service sales, property leases, recurring payments, interest on borrowings, and so on. It is also defined as monetary value of what a company receives in exchange for goods sold, services rendered, and other payments.
It is calculated before any expenditures, like as discounts and refunds, are deducted. Sales, money from fees, and income created by property are all examples of revenue.
Therefore, it is revenue.
Learn more about the revenue, refer to:
https://brainly.com/question/8645356
#SPJ2
What is the percentage of Internet searches conducted via mobile phones?
89%
77%
over 50%
under 40%
Answer:
Over 50%
Explanation:
Globally, 68.1% of all website visits in 2020 came from mobile devices—an increase from 63.3% in 2019
in a very competitive market, how many buyers will there be? [ select ]
a. only me
b. few
c. many
In a very competitive market, there are likely to be many buyers.
In a very competitive market, the presence of numerous sellers competing for customers typically results in a large number of buyers. Competition drives businesses to offer competitive prices, quality products, and attractive incentives to attract customers. As a result, consumers have more options and can choose from a wide range of sellers and products. The intense competition creates a buyer's market, where buyers hold more power and have the ability to compare offerings and negotiate better deals. Therefore, in a very competitive market, it is expected that there will be many buyers, as they have the advantage of choice and can leverage the competition to their benefit.
Learn more about competitive here: brainly.com/question/15170198
#SPJ11
1.Jaz works part time in a bar. One |||
week she works for 15.5 hours this
week and she is paid £6.50 per
hour.
She also received £18.00 tips.
How much will she earn this
week?
Answer:
£118.75
Explanation:
Jaz earns £6.50 per hour
This week she worked 15.5 hours
Her total pay will be
= £6.50 x 15.5
= £100.75
She received £18.00, total earnings
= £100.75 + £18.00
= £118.75
John and Lisa hold the same position at Flyberry Electronics. However, John earns more than Lisa. In the context of pay structure, which of the following justifies the organization's decision to pay John more than Lisa?
a. John works the night shift,and night hours are less desirable for most workers.
b. John is a U.S.citizen;therefore his pay should be higher than that of non-Americans.
c. Lisa is pregnant;therefore her productivity is assumed to be lower.
d. John is physically disabled;therefore he should be paid more than Lisa.
e. Lisa lives in a location where living expenses are higher.
Answer:
a. John works the night shift,and night hours are less desirable for most workers.
Explanation:
The Equal Pay Act of 1963 established that employees must earn the same wage for similar jobs performed regardless of their gender. This means that you cannot pay someone more for being a men if the job done is the same. If any difference in wages exist, it must be justifiable in some way, e.g. different responsibilities, different labor conditions, serve different markets, etc.
In this case, since fewer people want to work on the night shift, in order to attract workers, the company might pay more for doing so. US laws does not require for night shifts to be paid higher wages, but the law of demand and supply might be responsible for the higher wages (demand and supply of labor).
Donald is a business development executive in a big retail company based in Omaha. His company now wants to expand and has sent Donald as their representative. Donald is also authorized to deal and negotiate with different vendors directly and in his own capacity. What role is Donaldplaying as per the contract law?
Answer:
C. Agent
Explanation:
Agent Law- the agent deals with third parties on behalf of the company in a contract and the company defines the control an agent can exert
Which of the following statements is true? A) Commercial paper is primarily issued for long-term needs. B) Commercial paper is primarily issued by banks. C) Commercial paper is primarily issued for long-term needs and Commercial paper is primarily issued by banks. D) Neither Commercial paper is primarily issued for long-term needs nor is Commercial paper primarily issued by banks.
Commercial paper is primarily issued for short-term needs and is not primarily issued by banks. The correct statement is D).
Commercial paper is a short-term debt instrument issued by corporations, financial institutions, and other large entities to meet their short-term financing needs. It typically has a maturity period ranging from a few days to several months. Commercial paper is considered a low-cost alternative to traditional bank loans for meeting short-term funding requirements.
Commercial paper is primarily issued by corporations and financial institutions, including large commercial and industrial companies, as well as finance companies. Banks may also issue commercial paper, but they are not the primary issuers. Commercial paper allows these entities to raise funds quickly and efficiently from investors, such as money market funds and institutional investors, to cover their working capital needs, bridge temporary cash flow gaps, or finance specific projects.
In summary, commercial paper is predominantly issued for short-term needs and is commonly issued by corporations and financial institutions rather than primarily by banks.
Learn more about commercial paper here:
https://brainly.com/question/30871535
#SPJ11
why do people tend to eat more at all-you-can-eat buffet reterauts than at resteraunts where each item is prices seperatly
Food at all-you-can-eat restaurants tends to have fewer calories, so consumers feel the need to consume a greater volume of food.
When the price of a product falls for a good?
The amount of a complementary good that is requested increases when its price decreases. The amount needed and the cost of complementary commodities have an inverse relationship. For instance, the demand for vehicles increases as the price of gasoline decreases.
The greater the amount of product consumption. The increased utility she gains from eating one more unit of the product is reduced as a result. Apple included additional features to persuade existing customers to buy new models.
Since the food at all-you-can-eat establishments frequently has less calories, patrons feel obliged to eat more. After purchasing the all-you-can-eat meal, customers perceive further visits to the buffet as costing nothing.
To learn more about consumers feel visit:https://brainly.com/question/29625267
#SPJ4
A graphical representation of how much a seller would be willing and able to bring to the market at various prices is known as the:
A graphical representation of how much a seller would be willing and able to bring to the market at various prices is known as the supply curve. The supply curve is one of the most important tools used by economists to study markets.
It is a visual representation of the relationship between the price of a good or service and the quantity that producers are willing and able to supply at that price. The supply curve slopes upward from left to right, indicating that as the price of a good or service increases, producers are willing to supply more of it.
The reason for this is simple as the price of a good or service increases, producers are more likely to invest in the resources necessary to produce it, and they are also more likely to allocate their resources towards producing it.
To know more about supply curve visit:-
https://brainly.com/question/14925184
#SPJ11
Emily is deciding whether to buy the same designer jacket her friends have. The jacket is much more expensive than a similar one from a lesser-known brand.
Which questions should she consider before she buys the jacket? Check all that apply.
Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Will her sister like the jacket too?
Answer: Is advertising influencing her?
What are her motivations?
Has she compared prices?
Is she buying at the right time?
Explanation:
The questions that she should consider before she buys the jacket include:
• Is advertising influencing her?
• What are her motivations?
• Has she compared prices?
• Is she buying at the right time?
Before buying the jacket, the question "Will her sister like the jacket too?" shouldn't be considered as she is looking to satisfy her own needs and not that if her sister and in this case, he sister shouldn't have an impact on her buying decision.
Answer:
A, B, C, D
Explanation:
edge2021
Guya paid 20% more for a name-brand entertainment system than a generic one would have cost.assuming the generic system was $400, how much did he pay for his entertainment system
Answer:
$480
Explanation:
Find 1% of the cost.
100% = 400
1% = 400 ÷ 100 = 4
Since they are asking for entertainment system, which costs 20% more than the generic, find out 120%.
120% = 4 x 120 = 480
What is one way people can reduce the amount of taxes they owe in a year?
A. Give money to charity
B. Earn a higher income
C. Purchase luxury goods
D. Work longer hours
Answer:
A
Explanation:
Donating money to charity is one method people might lower their annual tax burden. Therefore, (A) is the correct option.
What is Tax?Taxes are required payments made to individuals or enterprises by a government agency, whether local, regional, or federal. Income, capital gains, or the estate are all subject to taxes.
One of the ways to reduce the amount of tax payable is to donate money to a charity.
Therefore, (A) is the correct option.
To know more about Taxes, visit the link below:
https://brainly.com/question/16423331
#SPJ2
What should you do before giving contact information for your references to a potential employer? A. Notify references and get their permission. B. Write a follow-up letter. C. Research the company on its website. D. Introduce your references to each other. picor provided
Samantha deposits $1,500 into the Park Street Bank. The account pays 1.12% annual interest, compounded daily. To the nearest cent, how much is in the account at the end of three non-leap years?
Answer:
=$1,551.255
Explanation:
The amount can be calculates using the formula
A = p x ( 1 + r) ^n
Where A = Amount
P= principal: $1500
r=1.12% or 0.0112 per year. Dairy interest rate = 0.0112/365
n = 365 days x 3 = 1095
A= 1500 x( 1 + 0.0112/365)^1095
A =$1500 x ( 1.00003068493)^1095
A =$1500 x 1.034170
A =$1,551.255
T/F: igh levels of perceived justice create higher levels of employee commitment.
True. High levels of perceived justice have been found to create higher levels of employee commitment. Perceived justice refers to employees' perceptions of fairness in the workplace, including how decisions are made, how resources are distributed, and how they are treated in relation to their colleagues.
When employees perceive that they are being treated fairly, it can enhance their trust, satisfaction, and commitment to the organization. Perceived justice can be categorized into three dimensions: distributive justice, procedural justice, and interactional justice. Distributive justice relates to the fairness of outcomes and rewards. Procedural justice pertains to the fairness of the processes used to make decisions. Interactional justice focuses on the fairness of interpersonal treatment and communication. Research has consistently shown that when employees perceive high levels of justice in these dimensions, they are more likely to develop a stronger sense of commitment to the organization.
Learn more about justice here:
brainly.com/question/14830074
#SPJ11
A non-dividend paying financial asset has a price of $200 and a oneyear future on this asset has price equal to $215. If the continuously compounded rate of interest is 3%, show that one can make an arbitrage profit and design a strategy to earn that profit.
The main shortcoming of the CAPM is that it uses only a single measure of systematic risk. (C).
The CAPM is a model that determines the expected return of an asset based on its beta, which is a measure of its systematic risk. However, there are other factors that can affect the risk of an asset, such as its size, its price-to-earnings ratio, and its volatility . The CAPM does not take these factors into account, which can lead to inaccurate estimates of the expected return of an asset.
Here are some other shortcomings of the CAPM:
* It assumes that investors are rational and that they will hold well-diversified portfolios. * It assumes that the market is efficient and that there are no arbitrage opportunities.
* It is difficult to estimate the beta of an asset, especially for small or illiquid assets.
Despite these shortcomings, the CAPM is a widely used model for estimating the expected return of an asset. It is a simple and easy-to-use model, and it provides a good starting point for understanding the factors that affect the risk and return of an asset.
Learn more about volatility here:
https://brainly.com/question/28557571
#SPJ11
how has the right of education addressed to differently abled person
Answer:
Differently abled person might need more resources compared to average people.
Explanation:
Let's examine blind people for example.
In order to learn, blind people require special type of books or teaching techniques. This special requirement will most likely cause cost the educational institution more compared to accommodating average students.
But , their physical disadvantages doesn't necessarily mean that the wouldn't be a productive workforce. The government need to realize that in order to fully equalize the right to obtain educations , the higher cost would become unwanted expense but extremely necessary.
Which of the following are included in expansionary monetary policy? (Select all that are correct)
A increase discount rate
B increase federal funds rate
C increase reserve requirement
D buy bonds
E decrease discount rate
F decrease reserve requirement
G decrease government expenditures
H sell bonds
Answer:
Increase in discount rates
25. Math You have purchased a car wash franchise. The franchise fee was $25,000. You must pay 6 percent of your earnings in royalty fees. In your firstyear, you paid $10,000 for equipment, $4,300 for operating costs, and $10,700 for part-time employees. Your first-yearrevenues were $120,000. Calculate the total expenditures for the firstyear. What was your profit? What will profits be in your second year if total revenues and costs remain the same? (Note: You do not need any new equipment.) 26. Research Use the newspaper. Internet, magazines and other materials to
The second year if total revenues and costs remain the same is $72,800.
To calculate the total expenditures for the first year, we need to consider the franchise fee, royalty fees, equipment costs, operating costs, and employee wages.
1. Franchise fee: $25,000
2. Royalty fees: 6% of $120,000 (first-year revenues) = $7,200
3. Equipment costs: $10,000
4. Operating costs: $4,300
5. Employee wages: $10,700
Now, add up all these costs:
$25,000 + $7,200 + $10,000 + $4,300 + $10,700 = $57,200
The total expenditures for the first year are $57,200.
To calculate the profit, subtract the total expenditures from the first-year revenues:$120,000 - $57,200 = $62,800
Your first-year profit is $62,800.
For the second year, the total revenues and costs remain the same, except for the equipment costs, which are not needed in the second year. Therefore, the second-year expenditures will be:
$25,000 (franchise fee) + $7,200 (royalty fees) + $4,300 (operating costs) + $10,700 (employee wages) = $47,200
The second-year profit will be:
$120,000 (revenues) - $47,200 (expenditures) = $72,800
Your second-year profit will be $72,800.
For more such questions on revenues visit:
https://brainly.com/question/31794536
#SPJ11
Match the action needed to increase profits with the reason a business might fail.
Setting a realistic budget for the company to follow would match with________.
A) bad location
B) poor management
C) Competition
D) finances
Answer:
D
Explanation:
finances
how does marmite use product differentiation
Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
What do you mean by the product differentiation?
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.
In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.
Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
To know more about the product differentiation, visit:
https://brainly.com/question/13077606
#SPJ1
nursing is a human service .clarify it
\(\Huge\bf\red{AnsweR:}\)
Nursing is a human service. As in nursing we help the patients to get well. Not only for salary, they personly also try to help the patient with a lot care. Some nurses also treat the patient as their own family. Thus, nursing is a human service.
if the trial balance is in balance, it can be assumed that all journal entries were posted correctly and no errors were made.
No, trial balance is in balance it doesn't means that all entries are correct.
Trial balance plays an important part in accounting process. It summaries list of all ledger accounts and their balances. This is used to ensure that debit balance is equal to credit balance.
If trial balance match and the balances are correct. It doesn't means that all entries are correct. There are compensating errors also which errors are occurred but are failed to show in the trial balance.
Thus, it is not always correct that the if balance matched in trial balance will have no errors in journal or posting.
Learn more about trial balance
https://brainly.com/question/24914390
#SPJ4
Model the underprovision of a public good as a prisoner's dilemma. To make the modeling easier, you may assume that the economy consists of two people.
The underprovision of a public good can be modeled as a prisoner's dilemma when considering an economy with two individuals. In this scenario, both individuals have the choice to contribute towards the provision of the public good or to free-ride and not contribute.
If both individuals choose to contribute, the public good will be adequately provided, benefiting both parties. However, if one individual decides to free-ride while the other contributes, the free-rider enjoys the benefits of the public good without incurring the costs. This creates a temptation for each individual to choose the free-riding strategy, as it maximizes their individual benefit.
The dilemma arises when both individuals pursue their self-interest and opt for free-riding, resulting in an underprovision of the public good. Individually, it is rational for each person to free-ride, as they avoid the costs associated with contribution. However, collectively, the society would be better off if both individuals contributed, leading to a more optimal provision of the public good.
Thus, the prisoner's dilemma framework illustrates the conflict between individual rationality and collective welfare when it comes to the underprovision of public goods, highlighting the need for mechanisms to incentivize cooperation and overcome the free-riding problem.
To learn more about economy, Click here: brainly.com/question/951950
#SPJ11
Write an essay about Buisness skills 150 words pls
giving 100 points
business exists only to earn profits by providing goods and services to the customers. According to the modern concept, the underlying objective of every business is customer satisfaction as this is what results in most profits. If the customer is satisfied, the business excels. something about Business goals is a predetermined target that a business or individual plans to achieve in a set period of time. These goals are often split into short-term goals and long-term goals. Business goals can be general and high level, or they can focus on specific measurable actions. One of the reasons businesses succeed is that they reach consumers first. The fastest companies to market have the best access to customers. ... It's much easier to dominate a market without competitors. If you are first to market, you are more likely to succeed, even if your product or service is substandard.
Type the correct answer in the box.
Lois is planning to raise funds for her new business venture. Which factor of production is she working toward?
Lois is planning to raise funds for her new business venture. She is working toward satisfying the __________ factor of production.
Answer:
Capital
Explanation:
Factor of production are defined as resources or input that are used in production process to get output.
The factors of production includes land, labour, and capital.
Although these are not part of the final product , they facilitate production.
In the given scenario Louis is planning to raise funds for her new business venture.
This is an activity aimed at raising capital for the business.
Capital is a sum of money that is used to start or run a business.
Answer:
The capital factor of production.
Explanation:
You have just been appointed as the County Commissioner of Hazard County. Your first day on the job you have the followingconversations:
Ludwig mentions that Frank, the local rancher, is inflating land prices by buying too much land. This is an example of _______.
(a negative externality
a pecuniary externality
a positive externality
not an externality)
This is an example of a pecuniary externality.
Pecuniary externalities occur when an action of one person affects the price of a good or service and therefore affects the well-being of others in the market. In this case, Frank's buying of too much land is driving up land prices, which affects the well-being of others in the market who want to buy land. This is different from a negative or positive externality, which refers to the spillover effects of an action on third parties that are not involved in the market transaction.
Learn more about pecuniary externality here:
https://brainly.com/question/31448097
#SPJ11