Manny, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. in late december he performed $35,000 of legal services for a client. manny typically requires his clients to pay his bills immediately upon receipt. assume manny’s marginal tax rate is 37 percent this year and next year, and that he can earn an after-tax rate of return of 8 percent on his investments. a. what is the after-tax income if manny sends his client the bill in december?
Answers: 2
Business, 22.06.2019 21:30, mjstew00763
An allergy products superstore buys 6000 of their most popular model of air filters each year. the price of the air filters is $18. the cost of ordering and receiving shipments is $12 per order. accounting estimates annual carrying costs are 20% of the price. the supplier lead time is 2 days. the store operates 240 days per year. each order is received from the supplier in a single delivery. there are no quantity discounts. what is the store’s minimum total annual cost of placing orders & carrying inventory?
Answers: 1
Business, 22.06.2019 22:10, corrineikerd
Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?
Answers: 2
Business, 22.06.2019 22:30, jyworthy
Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows:
Answers: 3
Manny, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. in...
Chemistry, 29.01.2021 18:20
Mathematics, 29.01.2021 18:20
English, 29.01.2021 18:20
Mathematics, 29.01.2021 18:20
Mathematics, 29.01.2021 18:20
English, 29.01.2021 18:20