Business, 21.12.2020 18:00 kimlyn58p0wyn0
During 20X1, Eleanor earns $146,000 in wages as an employee of an accounting firm. She also earns $26,000 in gross income from an outside consulting service she operates. Deductible expenses paid in connection with the consulting service amount to $6,000. Eleanor also has a recognized long-term capital gain of $1,000 from the sale of a stock investment. She must pay a self-employment tax on:
a. $145,000.
b. $144,000.
c. $31,000.
d. $30,000.
e. $24,000.
Answers: 1
Business, 21.06.2019 14:40
Jansen company borrowed $12,000 on a 1-year, 5 percent note payable from the local bank on april 1. interest was paid quarterly, and the note was repaid one year from the time the money was borrowed. calculate the amount of cash payments jansen was required to make in each of the two calendar years that were affected by the note payable.
Answers: 2
Business, 22.06.2019 09:30
An object that is clicked on and takes the presentation to a new targeted file is done through a
Answers: 2
Business, 22.06.2019 14:20
Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest
Answers: 1
Business, 22.06.2019 17:30
Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $
Answers: 2
During 20X1, Eleanor earns $146,000 in wages as an employee of an accounting firm. She also earns $2...
English, 20.11.2019 20:31
Computers and Technology, 20.11.2019 20:31
Mathematics, 20.11.2019 20:31
English, 20.11.2019 20:31
History, 20.11.2019 20:31
English, 20.11.2019 20:31
Biology, 20.11.2019 20:31
Social Studies, 20.11.2019 20:31
Mathematics, 20.11.2019 20:31
Social Studies, 20.11.2019 20:31
History, 20.11.2019 20:31
Mathematics, 20.11.2019 20:31
History, 20.11.2019 20:31
Mathematics, 20.11.2019 20:31
Biology, 20.11.2019 20:31