Answer:
$1,269.46
Explanation:
Earnings Before Interest and Tax (EBIT) refers to the net income which is a difference between the revenue of an organisation and the expenses that were incurred in order to generate that revenue. The calculation of the EBIT is usually for a particular year and it is usually found in the Income Statement part of an organisation's financial statement.
To calculate the EBIT therefore, the Tax as well as interest must be added back to the Net Income after tax (usually added to retained earnings)
Therefore, Net Income = Dividends paid + Net Income (added to retained earnings)
= $75 + $418 = $493 - This represents a partial net income
The next step is to calculate the taxable income as follows:
The net income is $493, and the Tax rate is 35%
Taxable Income = $493/ (1-0.35) = $758.46
Earnings before interest and tax therefore =
Interest paid + Taxable Income
= $511 + $758.46 = $1,269.46
Answer:
china
Explanation:
if your traveling to china on business do not discuss business during meals .
Answer:
c. Expenditure for unemployment compensation increasing as economic growth slows
Explanation:
Automated Fiscal Policy is the name given to government actions designed to adjust its spending levels, thus monitoring and influencing a country's economy. In the various economics manuals, fiscal policy is closely linked to monetary policy, and it can be stated, in quite simplistic terms, that the two economic policies are like sisters, since both seek to influence one aspect of the economy: monetary policy will change the currency behavior, and fiscal policy will operate against state spending. Every government will invariably use both policies in various combinations and ranks in an effort to guide a country's economic goals.
Within the options given in the question, an example of an automatic tax policy is "C. expenditure for unemployment compensation increasing as economic growth slows. "
Answer:
The amount paid or payable to bring an asset at present location and working condition should be capitalized.
Explanation:
From the given question, it was asked to explain one sentence, in making general statement to outline the features of expenditures that qualify for addition in plant assets cost, like computing equipment.
So, the amount payable to get an asset at a current location and in a good working condition should be taken advantage on or capitalized
