Based on the given above, we can use the following:
Taxable income in 2005 = $500,000
Corporate income tax rate = 5%
To solve for the state income tax of RedBall Production, we
can simply get the product:
$500,000 * 5% = $25,000
<u>Answer:</u>
The chance that any single department is chosen for auditing in a given week is 0.04%
<u>Explanation:</u>
Given that a department within an agency is randomly chosen per week for auditing and we are given total number of departments are 25 departments of which 1 is to be chosen.
Now chance of any single department to be chosen in any particular week will be given by 1 dividing by total no. of departments
which is equal to 1/25
1/25 = 0.04%
which is the chance of percentage of choosing a department
Isolate the variable by dividing each side by factors that don't contain the variable.
x = 2
Answer:
The answer is b ($9.74)
Step-by-step explanation:
I got it right (: