First, you need to know the self-employment taxes:
The self-employment tax is 92.35%
Social security tax is 12.4% and Medicare tax is 2.9% = (15.3%)
Dividends and interest are not a part of the income.
58000 * 92.35% *15.3%
Turn the percentages into decimal form in order to multiply. You can do this by moving the decimals over twice or dividing each percentage by 100.
58000*.9235 * .153 = $8,195.
Annie's self-employment tax for the year is $8,195.
Answer:
a. Borrow using short-term notes payable and use the cash to increase inventories.
Explanation:
The formula to compute the current ratio is shown below:
Current ratio = Total Current assets ÷ total current liabilities
where,
The current assets = Cash and cash equivalents + Short-term investments + Accounts and notes receivable + Inventories + Prepaid expenses and other current assets
And, current liabilities would be
= Short-term obligations + Accounts payable
If the current ratio is 0.5 which means that the current asset is 1 and the current liabilities are 2 so the most appropriate option is a.
Answer:
A$118,000 B.$333,000
Explanation
Land$100,000
Demolition20,000
Scrap value(5,000)
Title insurance1,000
Paving assessment2,000
Total land cost($118,000)
B. The cost of the building recorde
d by Reid
Archirectfees$25,000
Construction interest8,000
Building cost300,000
Total building cost. $333,000
Answer:
Cluster sampling
Explanation:
Cluster sampling is a type of sampling in which a population is divided into groups and one whole group from the division is randomly with every member of the chosen group involved.
As in thr question, the phone number listings have been divided into groups of 400 and her name came up in the first group of the listing divisions to be considered, hence her selection.
Cheers.
Answer:
Consider the following explanation
Explanation:
The product already enjoys relatively high awareness and accessibility therefore Increasing awareness by 5% does not need to increase market share quickly,thus A) Increase awareness by 5% is incorrect.
Re-position the product to the ideal spot within the segment shall take a lot of time for the company to grab the market share.So D) is incorrect.
Increase in unit contribution margin by decreasing the MTBF need not increase the sales in the market thus B is incorrect.
C) Lower the unit selling price to the bottom limit of the segment price range seems correct by Lowering the unit selling price to the bottom limit of the segment price range the demand shall increase for the product increasing the market share in shorter term.
