Answer:
$420,000
Explanation:
Calculation for Orleans’s net U.S. tax liability
Using this formula
Tax liability=Taxable income×U.S tax rate
Let plug in the formula
Tax liability=$2,000,000×21%
Tax liability=$420,000
Therefore Orleans’s net U.S. tax will be $420,000. The withholding tax amount of $8,000 was not included because it was already imposed on the dividend.
Answer:
The correct answer is Stay on topic with relevant examples of actions and results.
Explanation:
If you are in the hard work of looking for a job, you have to know that recruiters will ask you a series of questions in a job interview. With them, they will seek to cover the basic aspects of your professional profile, this before having a more detailed conversation. Recruiters often have a battery of questions they ask to have a first approach, if you answer correctly, fluently, attractively, seriously and with clear examples, they will probably take you to the next stage of the process. These are the nine questions in a job interview that you must master, as well as an answer guide for you to be as well prepared as possible and succeed.
Answer:
D. 189,000 = NA + 189,000 NA - NA = NA 189,000 FA
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as
Assets = Liabilities + Equity
While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
When 9,000 shares of no-par stock issued for $17 per share increases to $21, this means that the additional amount
= ($21 - $17) × 9000
= $36,000
Amount to be collected from the issue
= $21 × 9000
= $189,000
This will result in an increase in cash and an increase in owners equity (the respective debits and credits).
Answer:
y = $440
x = $ 580
Explanation:
Given data:
order for smartphone is 320
order doe tablet is 310
sale of all order is $322,000
total combined price for smartphone and tablet is $1020
let cost of one smartphone is x
let cost of one tablet is y
320 x +310 y = 322,000..... 1
x + y = 1020 .....2
solving 1 and 2 we get
y = $440
x = $ 580
