Calculate the total Social Security and Medicare tax burden on a sole proprietorship earning 2020 profit of $300,000, assuming a single sole proprietor with no other earned income. (Round your intermediate calculations to the nearest whole dollar amount.)

Answers

Answer 1

Answer:

The answer is "$ 25,207.45".

Explanation:

Type = single property ownership  

Year= 2020  

Revenue = $ 300,000  

calculating the tax on social security when it's up to 132,900 USD, i.e. the basis cap on earned earnings.  

[tex]\to 132,900 \times 12.40 \% \\\\\to 132,900 \times 0.1240 \\\\\to \$ \ 16,479.6\ \ \ \ or \ \ \ \ \$ \ 16,480\\\\[/tex]

Calculating the Medicare levy, subject to a deduction of 7.65% from sole ownership, for every revenue received without any cap.  

[tex]\to (300,000 \times 0.9235) \times 2.9 \% \\\\ \to 277,050 \times 0.029 \\\\\to \$ \ 8034.45 \\[/tex]

Where income exceeds 200,000, and 0.9% of exceeding income exceeds additional medicare tax.

[tex]\to [(300,000 \times 0.9235) - 200,000] \times 0.9 \% \\\\\to [(277,050) - 200,000] \times 0.009 \\\\\to 277,050\times 0.009 \\\\\to 693.45[/tex]

Medicare tax and social insurance total:

[tex]\to 16,480 + 8,034 + 693.45 \\\\\to 25,207.45[/tex]


Related Questions

purchased a new van on January 1, 2019. The van cost $40,000 with an estimated life of 5 years and $10,000 salvage value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance in the accumulated depreciation for 2020

Answers

Answer:

Accumulated depreciation= $19,200

Explanation:

Giving the following information:

The van cost $40,000 with an estimated life of 5 years and $10,000 salvage value at the end of its useful life.

To calculate the depreciation expense for each year, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

2019:

Annual depreciation= 2*[(40,000 - 10,000)/5]= 12,000

2020:

Annual depreciation= 2*[(30,000 - 12,000)/5]= 7,200

Accumulated depreciation= 12,000 + 7,200= $19,200

ABC company had the following final balances after the first year of operations: assets, $35,000; stockholders' equity, $14,200; dividends, $2,600; and net income, $10,900. What is the amount of ABC's liabilities?

Answers

Answer:

$12,500

Explanation:

We will get the value for ABC's liabilities using the accounting equation.

Assets = liabilities + Equity

Given that;

Stockholder's equity = $14,200

Net income = $10,900

Dividends = ($2,600)

Total equity = $22,500

Assets = $35,000

Recall that ;

Assets = Liabilities + Equity

$35,000 = Liabilities + $22,500

Liabilities = $35,000 - $22,500

Liabilities = $12,500

ABC's liabilities is $12,500

Explain the symbiotic relationship between the U.S. economy and American business. Be specific in identifying how one influences the other. 2. Briefly describe the benefit to a company of giving something of value back to the community in which it is located.

Answers

Answer:

There will be better brand recognition for social responsibility.

The employees will be motivated as they will be part of business who are considering the community benefits.

There will be increase in sales as the business reputation will increase.

Explanation:

The businesses that operate in U.S. economy have great impact on the prosperity of the American market. The supply and demand of good will impact the overall economic value of the country as a whole. The business that operate in high efficiency will be able to produce goods at lower prices and therefore there will be lesser price rise in the market.

n March 5, 2013, the Dow Jones Industrial Average set a new high. The index closed at 17,164.53, which was up 127.20 that day. What was the return (in percent) of the stock market that day? (Round your answer to 2 decimal places.)

Answers

Answer:

The return (in percent) of the stock market that day is 0.75%

Explanation:

The computation of the return is shown below:

Interest rate is

= (Future value ÷ Present value) - 1

= ($17,164.53 ÷ ($17,164.53 - $127.20) - 1

= ($17,164.53 ÷ $17,037.33) - 1

= 0.75%

Hence, the return (in percent) of the stock market that day is 0.75%

We simply applied the above formula and the same is to be considered

A benefactor leaves an inheritance to four charities, A, B, C, and D. The total inheritance is a series of level payments at the end of each year forever. During the first n years A, B, and C share each payment equally. All payments after n years revert to D. If the present values of the shares of A, B, C, and D are all equal, find (1 i) n .

Answers

Answer:

(1+i)ⁿ = 4

Explanation:

there are 3 charities, and each charity receives X per year during n years. Total payment to the 3 charities is 3X per year.

The present value of the payments received by each charity is X · a_n (the same for A, B and C).

D will receive 3X at a deferred date starting at n. The present value of the payments that D receives is 3X · vⁿ · 1/i.

Since the present value of the payments is equal for all of them, then:

X · a_n = 3X · vⁿ · 1/i

a_n = 3/i · vⁿ

i · a_n = 3vⁿ

since i · a_n = 1 - vⁿ

1 - vⁿ = 3vⁿ

1 = 4vⁿ

(1 + i)ⁿ = 4

While in office, President Obama discussed raising income taxes for individuals earning over $250,000 in income. Explain how these higher income taxes would affect the aggregate demand curve.

Answers

Answer:

It will reduce, or push inwards, the aggregate demand curve.

Explanation:

While in office, the president considered a government revenue incremental policy of raising taxes (for a specific fraction of the population - those who earn above $250,000 income).

What is the ripple effect of these higher taxes on the country's aggregate demand curve?

- When tax rate is raised for high income earners, they have less disposable income (where disposable income = income left for the earner after tax has been deducted).

- With a lesser amount of disposable income, their purchasing power is reduced. Their demand/consumption falls.

- When viewed in the macro economy, the drop in the demand for goods and services by this fraction of the population, will pull down the aggregate demand (total demand) curve. The curve will shift inward or leftward; showing a fall in aggregate demand which is not due to increase in prices.

mo memememememes
first person to answer has a chance at brainlyest
give memes
second person gets brainlyest if first is stupid

Answers

Answer:

hi

Explanation:

Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows $22,361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit 2,250 Outstanding checks 1,053 Additionally, a $46 check written and recorded by the company correctly, was recorded by the bank as a $64 deduction. The adjusted cash balance per the bank records should be:

Answers

Answer: $23576

Explanation:

The adjusted cash balance per the bank records will be calculated thus:

Bank statement = $22,361

Add: Deposit in transit = $2250

Less: Outstanding checks = ($1053)

Add: Bank error = $64 - $46 = $18

Adjusted cash balance = $23,576

The adjusted cash balance per the bank records should be $23576

This type of CV is custom-made to suit the needs of a specific employer that you are reaching out to:

Answers

Answer:

targeted

Explanation:

The full form CV is Curriculum Vitae. It is a Latin term which means course of life. It is a document which is presented to the employer by the job seekers which shows his educational and work experience background.

It is the CV based on which an employer gets to know about the job seeker or his potential employee, about his achievements and interests in life. A CV is first mode of contact or introduction between the employer and the potential employee.

A CV can be custom based so as to suit the targeted job profile and the organization. A job seeker can customize his CV according to the need of the job if he or she possesses those required qualifications and work experience.

Which is traded in a currency exchange market?
Which is traded in a currency exchange market?
A) foreign money
B) unprocessed foods
C) shares in corporation
D) treasuries

Answers

Answer:a I think is the answer
A, foreign money

hope this helps :)

what might prince do to gain distribution and sales in (a) mass merchandisers like target and walmart and (b) specialty tennis shops ?

Answers

Answer:

In order to achieve distribution and sales in retail merchandisers and specialist tennis stores, Prince Sports should:

Develop very creative commercials and ads to sell items in its brochures, supermarket catalogs, or even sports newspapers and magazines, such as offering 10 percent-15 percent discount coupons. Prince Sports can look out for tennis tournaments to sponsor them. Companies such as RedBull have effectively used this form of tactic to improve brand equity and, as a consequence, increase revenue and market share. For any organization today, social media marketing is a very relevant business technique. Today, using search analytics, it is easier to segment audiences with a strong interest in tennis as a sport. The brand equity of Prince Sports goods can be improved by developing online and offline programs to help users better understand the qualities and advantages of the product. More focus is paid to items of strong market equity by mass merchandisers. High brand equity means ease of sales and less time spent on the shelves.

Cheers

A production function expresses the relationship between inputs, such as capital (K) and labor (L), and output (Y). The following equation represents the functional form for a production function: q=f(K, L). If a production function exhibits constant returns to scale, this means that if you double the amount of capital and labor used, output is twice its original amount. Suppose the production function is as follows: f(K, L)=4K+9L. Prove that this production function exhibits constant returns to scale by completing the following algebraic equations. Assume that z is a positive number. f(zK, zL) = = = = zq Which of the following production functions exhibit constant returns to scale? Check all that apply. f(K, L)=3K0.4L0.2 f(K, L)=KL f(K, L)=7K0.4L0.6 Continue without saving

Answers

Answer:

f (K, L) = 7K0.4 L0.6

f (K, L) = 3K0.4 L0.2

Explanation:

The production function demonstrates the relationship between the input of capital and labor and the output. The simplest relation between labor and capital is the linear relation which is shown with K and L functions. The labor and capital input determines the level of output.

Nike employs a __________ strategy at its website, nikeid, which allows customers to design a sneaker to their own personal specifications. Multiple Choice product sampling product clustering mass customization psychographic segmentation usage segmentation

Answers

Answer:

mass customization

Explanation:

mass customization is a technique that is been device in marketing as well as manufacturing which allows the use of flexibility as well as personization techniques in the production of custom product, which is a computer aided process as a result of low unit cost that comes with mass production.It should be noted that mass customization allows customers to design a sneaker to their own personal specifications.

Therefore, in the case described above,Nike employs a mass customization strategy at its website

A 10-year maturity bond with par value $1,000 makes semiannual coupon payments at a coupon rate of 6%. a. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $940. (Round your intermediate calculations to 4 decimal places. Round your answers to 2 decimal places.)

Answers

Answer:

a. Find the bond equivalent and effective annual yield to maturity of the bond if the bond price is $940.

the yield to maturity of the bond is:

YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2] = {60 + [(1,000 - 940)/10]} / [(1,000 + 940)/2] = 66 / 970 = 0.06804 = 6.8%

the bond equivalent yield is:

BEY = 2 x [√(1 + YTM) - 1] = 2 x [(√1 + YTM) - 1] = 2 x [√1.068 - 1] = 2 x [(√1 + YTM) - 1] = 0.06688 = 6.69%

The Jameson Company just paid a dividend of $0.75 per share, and that dividend is expected to grow at a constant rate of 5.00% per year in the future. The company's beta is 1.9, the market risk premium is 5.00%, and the risk-free rate is 4.00%. What is Jameson's current stock price, P0

Answers

Answer:

$9.26

Explanation:

The computation of the current stock price is shown below:

But before that first determine the required rate of return which is

Required rate of return = Risk free rate + Beta × Market risk premium.

= 4% + 1.9 × 5%

= 4% + 9.5%

= 13.5%

Now the current stock price is

Current stock price (P0) = Expected dividend per share ÷ (Required rate of return - Growth rate)

= ($0.75 + 5.00% of $0.75) ÷ (13.5% - 5%)

= $0.7875 ÷ 8.5%

= $9.26

A few months ago, an investor went long a forward contract to purchase EUR 10,000 at a forward price of USD 1.25 per EUR. The contract still has 9 months to maturity. The current 9-month forward price of Euro is USD 1.20 per EUR, and the 9-month interest rate for USD is 3% per annum (continuously compounded). What is the present value of this forward contract to this investor

Answers

Answer:

488.88

Explanation:

In finance, a forward contract or simply a forward is a non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed on at the time of conclusion of the contract, making it a type of derivative instrument.

DATA

Interest rate = e = 3%

time = 9 months

F1 = 1,2

F0 = 1.25

euro to purchase = 10,000

The present value of this forward contract to this investor = (F1 - F0) x Euro to be purchased x e-r x t

The present value of this forward contract to this investor = USD (1.20 - 1.25) per Euro x 10,000 x 3% x 9/12

The present value of this forward contract to this investor = USD (1.20 - 1.25) x 10,000 x 3% x 9/12

The present value of this forward contract to this investor = - USD 488.88

The Lo Sun Corporation offers a 5.9 percent bond with a current market price of $816.50. The yield to maturity is 8.21 percent. The face value is $1,000. Interest is paid semiannually. How many years until this bond matures

Answers

Answer:

11.79 years

Explanation:

using the yield to maturity formula we can determine the number of periods until maturity:

YTM = {coupon + [(face value - market value)/n]} / [(face value + market value)/2]

0.0821/2 = {29.5 + [(1,000 - 816.5)/n]} / [(1,000 + 816.5)/2]

0.04105 = {29.5 + [(1,000 - 816.5)/n]} / 908.25

0.04105 x 908.25 = {29.5 + [(183.5)/n]

37.2837 = 29.5 + [(183.5)/n]

7.7837 = 183.5/n

n = 183.5 / 7.7837 = 23.57 / 2 (years) = 11.79 years

Kohler Company owns the following investments: Trading securities (fair value) $120,000 Available-for-sale securities (fair value) 90,000 Held-to-maturity securities (amortized cost) 94,000 Kohler will report securities in its long-term investments section of

Answers

Answer:

$184,000 or an amount that is lower than $184,000

Explanation:

Calculation for what Kohler will report as securities in its long-term investments section

Available-for-sale securities (fair value) $90,000

Add Held-to-maturity securities (amortized cost) $94,000

Securities in its long-term investments section $184,000

Therefore Kohler will report securities in its long-term investments section of the amount of $184,000 or an amount that is lower than the amount of $184,000 .

Lance, a hacker, stole 15,000 credit card numbers and sold them on the black market, making millions. Police caught Lance, and two legal actions followed, one civil and one criminal. Who will be responsible for bringing the civil case

Answers

Answer:

The owner of the credit card that were hacked

Explanation:

Civil cases are brought against defendants that carried out an action that results in injury or loss to an individual or private party.

The plaintiffs that bring such allegations to a court of law are not government or law enforcement but rather they make the case in their own interest.

The punishment nos usually repayment for loss incurred and damages.

Criminal cases on the other hand are usually carried out by out by state prosecutors or representative of the government. The punishment is usually jail time.

Keidis Industries will pay a dividend of $4.95, $6.05, and $7.25 per share for each of the next three years, respectively. In four years, you believe that the company will be acquired for $67.00 per share. The return on similar stocks is 10.8 percent. What is the current stock price?

Answers

Answer:

Current stock price = $59.18

Explanation:

Current stock price = Present value of first three value+ Present value of terminal value

Current stock price = Dividend 1/(1+r)^1 + Dividend 2/(1+r)^2 + Dividend 3/(1+r)^3 + Terminal Value/(1+r)^4

Current stock price = $4.95/(1.108)+$6.05/(1.108)^2+$7.25/(1.108)^3 + $67/(1.108)^4

Current stock price = $4.46751 + $4.928059 + $5.329896 + $44.45450

Current stock price = $59.179965

Current stock price = $59.18

McConnell Corporation has bonds on the market with 13.5 years to maturity, a YTM of 7.4 percent, a par value of $1,000, and a current price of $1,059. The bonds make semiannual payments. What must the coupon rate be on these bonds? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

Coupon rate = 8.10% stated in annual terms

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is a semi annual bond, the coupon payment, number of periods and semi annual YTM will be,

Let the semi annual coupon payment be x

Coupon Payment (C) = x

Total periods (n) = 13.5 * 2 = 27

r or YTM = 0.074 * 6/12 = 0.037 or 3.7%

The formula to calculate the price of the bonds today is attached.

Plugging in the available values, we can calculate the coupon payment to be,

1059 = x * [( 1 - (1+0.037)^-27) / 0.037]  + 1000 / (1+0.037)^27

1059 = x * 16.89323812  +  374.9501896

1059 - 374.9501896  =  x * 16.89323812

(1059 - 374.9501896)  /  16.89323812  =  x

x = $40.49252166 rounded off to $40.49

As the semi annual coupon payment is 40.49, the annual payment will be = 40.49252166 * 2  =  $80.98504332

As coupon payment is a percentage of the face value of the bond, the annual coupon rate on bond will be = 80.98504332 / 1000  =  8.0985% rounded off to 8.10%

) As part of its initiative to implement just-in-time (JIT) manufacturing at the plant, Harley has reduced the number of engines loaded on each truck to 100. If each truck trip still costs $1000, how does this decision impact annual total inventory costs at Harley

Answers

Answer:

The decision will increase annual total inventory costs at Harley.

Explanation:

The JIT manufacturing system has the key function of reducing production and delivery time. It aims to serve customers of the product (usually vehicle parts) better.

To implement just-in-time manufacturing, Harley reduces the number of engines loaded on each truck to 100.

Harley does this, to save time in the process of supply!

Obviously, the truck can take more than 100 engines at a time but it would take longer for it to be dispatched.

Now, the cost for a truck trip remains the same at $1,000 while the truck carries less load. This whole decision will cause more engines to be retained in the company's inventory. This will increase inventory costs.

As for profits, they may increase, since products are supplied faster and purchased faster from the suppliers. So in general, it may not be a bad idea to introduce JIT manufacturing.

Foster Florist specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity based costing system: Overhead costs: Wages and salaries $ 162,000 Other expenses 61,000 Total $ 223,000 Distribution of resource consumption: Activity Cost Pools Making Bouquets Delivery Other Total Wages and salaries 45% 25% 30% 100% Other expenses 30% 45% 25% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Activity Cost Pool Activity Making bouquets 140,308 bouquets Delivery 12,700 deliveries What would be the total overhead cost per delivery according to the activity based costing system? In other words, what would be the overall activity rate for the deliveries activity cost pool? (Round to the nearest whole cent.)

Answers

Answer:

$5.35 per delivery

Explanation:

Overhead costs:

Wages and salaries $162,000

Other expenses $61,000

Total $223,000

Activity Cost Pools     Wages and salaries       Other expenses

Making Bouquets            45%                                30%

Delivery                            25%                                45%

Other                                30%                                25%

Total                                100%                              100%

Activity Cost Pool Activity

Making bouquets 140,308 bouquets

Delivery 12,700 deliveries

total overhead costs assigned to delivery:

Wages and salaries $162,000 x 25% = $40,500

Other expenses $61,000 x 45% = $27,450

total = $67,950

cost per delivery = $67,950 / 12,700 deliveries = $5.35 per delivery

The overall activity rate for the deliveries activity cost pool $5.35 per delivery .

Overhead costs:

Wages and salaries $162,000

Other expenses $61,000

Total= $223,000

Activity Cost Pools     Wages and salaries       Other expenses Making Bouquets            45%                                30% Delivery                            25%                                45% Other                                30%                                25%

         Total                                100%                              100%

Activity Cost Pool Activity:

Making bouquets 140,308 bouquets Delivery 12,700 deliveries

Total overhead costs assigned to delivery:

Wages and salaries $162,000 x 25% = $40,500 Other expenses $61,000 x 45% = $27,450 Total = $67,950

Cost per delivery = $67,950 / 12,700 deliveries

Cost per delivery= $5.35 per delivery

The overall activity rate for the deliveries activity cost pool $5.35 per delivery .

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True or False: It is more economically efficient in the market for pollution for the government to distribute the tradable permits than to auction them off.

Answers

Answer:

False

Explanation:

When there is an economic efficiency in the market with respect to the pollution than it is not relevant. Here the difference would occurs when the government is able to make the money in the case when the auction permits off as permitting allows to cut the taxes that ultimately reduced the deadweight loss arise from taxation

Also there is an extra deadweight loss arise in the case when the company use resources for lobby the extra permits

Therefore the given statement is false

Gina has $39,000 total taxable income, which includes $6,000 of taxable income from Argentina. She paid $1,200 in foreign income taxes and her U.S. tax liability is $3,610. Gina's foreign tax credit is: (Do not round interim calculations)

Answers

Answer:

the foreign tax credit is $1,200

Explanation:

Given that

Total taxable income = $39,000 that involves $6,000 income generated from

Argentina

Other than this she paid $1,200 for the income tax occurs in foreign state

And, her U.S tax liability is $3,610

Based on the above information, her foreign tax credit should be equivalent to the amount of the  foreign income taxes

Therefore the foreign tax credit is $1,200

An investor purchases one municipal and one corporate bond that pay rates of return of 7.2% and 9.1%, respectively. If the investor is in the 15% marginal tax bracket, his or her after-tax rates of return on the municipal and corporate bonds would be ________ and ______, respectively. Group of answer choices 6.12%; 7.735% 7.2%; 9.1% 8.471%; 9.1% 7.2%; 7.735%

Answers

Answer:

7.2%; 7.735%

Explanation:

The computation is shown below:

For municipal bonds

= Rate of return

= 7.2%

For corporate bonds

= Rate of return × (1 - marginal tax rate)

= 9.1% × (1 - 0.15)

= 9.1% × 0.85

= 7.735%

Hence, the last option is correct

And, the same is to be considered

We simply applied the above formulas so that the correct percentage could come

Under what conditions might a company prefer to negotiate rather than use competitive bidding to select a supplier

Answers

Answer: See explanation

Explanation:

Competitive bidding is when's public bid is issued and companies compete for that particular project. This is usually common with government agency as it gives room for fairness.

A negotiated bid is when negotiation takes place between the project and the contractor that they want.

The conditions that might a company prefer to negotiate rather than use competitive bidding to select a supplier when the variable that matters isn't only price. In this case, the company may negotiate with a supplier who's being paid premium.

Also, when there's a chance that specifications may be changed, this can lead to negotiated bidding being preferred. Furthermore, limitation of time can also make negotiated bidding being preferable.

Lastly, when a significant amount of money is involved, and new technologies are required, a company may prefer to negotiate.

The establishment of a wholly new operation in a foreign country is referred to as a(n) .

Answers

Answer:

greenfield investment

Explanation:

greenfield investment is usually used as another means when "Foreign portfolio investment" is not used. It is regarded as a foreign direct investment whereby a firm set up her own operation in another country. It is a way company device to get control on activities in foreign countries, whereby the develop subsidiary in foreign countries from the start.

It should be noted that greenfield investment involves the establishment of a wholly new operation in a foreign country.

Flag Dietterich Electronics wants its shareholders to earn a return of 7% on their investment in the company. At what price would the stock need to be priced today if Dietterich Electronics had a
a. $0.20 constant annual dividend​ foreverb. $1.00 constant annual dividend​ foreverc. $1.60 constant annual dividend​ foreverd. $2.90 constant annual dividend​ forever

Answers

Answer:

a. The price at which the stock would need to be priced today is approximately $2.86.

b. The price at which the stock would need to be priced today is approximately $14.29.

c. The price at which the stock would need to be priced today is approximately $22.86.

d. The price at which the stock would need to be priced today is approximately $41.43.

Explanation:

Since the annual dividend is constant in all cases, the price at which the stock need to be priced today can be calculated using the following formula:

P = d / r  ……………………………………… (1)

Where;

P = current price per share or price at which the stock would need to be priced today = ?

d = Constant annual dividend forever = To be given

r = required return = 7%, or 0.07

Using the formula above, we have:

a. $0.20 constant annual dividend​ forever

Substituting the values into equation (1), we have:

P = $0.20 / 0.07 = $2.85714285714286

Approximating to 2 decimal places, we have:

P = $2.86

Therefore, the price at which the stock would need to be priced today is approximately $1.82.

b. $1.00 constant annual dividend​ forever

Substituting the values into equation (1), we have:

P = $1.00 / 0.07 = $14.2857142857143

Approximating to 2 decimal places, we have:

P = $14.29

Therefore, the price at which the stock would need to be priced today is approximately $14.29.

c. $1.60 constant annual dividend​ forever

Substituting the values into equation (1), we have:

P = $1.60 / 0.07 = $22.8571428571429

Approximating to 2 decimal places, we have:

P = $22.86

Therefore, the price at which the stock would need to be priced today is approximately $22.86.

d. $2.90 constant annual dividend​ forever

Substituting the values into equation (1), we have:

P = $2.90 / 0.07 = $41.4285714285714

Approximating to 2 decimal places, we have:

P = $41.43

Therefore, the price at which the stock would need to be priced today is approximately $41.43.

True or False. Under the allowance method, when a company records bad debt expense at the end of the year, it causes the Net Realizable Value of their accounts receivable to increase.

Answers

Answer:

False

Explanation:

According to the allowance method

Net realizable value is

= Gross realizable value - allowance for doubtful debts

As if we record the bad debt expense so it would increased the allowance that reduced the balances of the net realizable value of the account receivable

Hence, the given statement is false

And, the same is to be considered

Other Questions
Commas should always be placed around quotationsellipsisnonrestrictive modifier why did americans have an interest in gaining canada?please help Quiero que tu me $10 mas IF YOU ANSWER THIS I WILL LOVE YOU FOREVER! Which expression is equivalent to this equation? A cost that have inputs that increase or decrease are referred to as __________ costs. Select the correct answer below: PLEASE HELP! NEED HELP ASAP!The diagram below shows the structure of the Declaration if Independence.Which phrase best completes the diagram?A- Summary of the purposes of governmentB- Arguments in favor of the separation of powers. C- List of colonial grievances against King George IIID- History of rights granted to subjects by the Kings of England Brennan is traveling in a car at a constant speed and in a constant direction. Once the brakes are applied , Brennan's upper body continues to move forward until a force in the opposite direction is applied on his body. Brennan's movement is an example of which scientific law? Group of answer choices Law of magnetism Law of Gravity Law of inertia Law of Conservation of Energy I needs help :( pwz help ill mwark brainliest.. 3. Which of the following is not a common characteristic of potentially hazardous food? is sa ugoy ng duyan by lucio san Pedro expressionism or impressionism? which organelle is correctly paired with its specific function? Sarah made a scale drawing of a dinosaur.she made the height of a dinosaur 2 1/2 inches.the actual height of the dinosaur is 9 feet.what scale did sarah use for her drawing?1 inch=3.6 ft1 inch=4.5 ft1 inch=18 ft1 inch=22.5 ft Some people are able to get more done than others because they are _____. reeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee Write the equation of the line in slope-intercept form, if the slope is 12 and the point it passes through is (2,-4) *A. y=12x+28 B.y=12x-28 C.y=12x-20 D.y=12x Note: For Python 2 The problem says, Monthly Minimum Payment Calculator that calculates a months minimum credit card payment based on the following two parameters; Minimum required percentage and Credit card balance. (This is what we need to code in Python 2)Then, there is a resource that can be used to help with the problem, Credit cards also use fairly simple math, but it may take some legwork to find out which numbers to use. Lenders typically use a formula to calculate your minimum monthly payment. For example, your card issuer might require that you pay at least 2% of your outstanding balance each month. 1 They might also have a dollar minimum of $25 (so you pay whichever is greater). Its usually wise to pay more than the minimum (ideally, you pay off the entire balance every month), but the minimum is the amount you must pay to avoid late charges and other penalties. Then it gives us an example: Example: Assume you owe $7,000 on your credit card. Your minimum payment is calculated as 3% of your balance:Payment=MinRequired x BalancePayment=0.03 x $7,000Payment=$210 Which sentence from the passage best supports the inference that some mensupported the women's suffrage movement? *"Voting rights had been extended to most white men by the early 1800s.""Some men argued that women should only concern themselves with household andfamily matters.""About forty men also attended the convention."o"However, the group split up due to disagreements concerning the FifteenthAmendment." A woman breastfeeding a baby. The woman is looking at the baby. The baby is looking at the viewer. There are two arched windows in the background. This painting is was created using _______(1)_______ paint. To create the paint, the artist combine colored pigments, with _______(2)_______ and _______(3)_______. A. (1) fresco paint; (2) egg yolk; (3) water b. (1) gouache paint; (2) white pigment; (3) water c. (1) oil paint; (2) an oil-base; (3) gum arabic d. (1) tempera paint; (2) water; (3) egg yolk The recognition that business activities affect society and the consideration of that impact when making business decisions is referred to as a. code of ethics. b. social responsibility. c. business ethics. d. community responsibility. e. corporate ethics. A manufacturer produced soda cans and a quality control worker randomly selects two cans from the assembly line for testing. Past statistics show that 8% of the cans are defective. What is the probability that the two cans are defective if the quality control worker selects the two cans from a batch of 50 cans? Can someone help me with angles please!!!!!! There are two problemsssss