Answer:
The corporation's tax liability is $ 228,820.
Explanation:
To calculate tax liability we first have to find net profit. Detail calculation is given below.
<u><em>Net profit Calculation</em></u>
Sales $ 3,130,000
cost of goods sold and the operating expenses ($ 2,080,000)
Interest expense ( $ 377,000)
Net profit $ 673,000
<u><em>Tax liability Calculation</em></u>
Income fall under Tax bracket of 34% ($75,001 to $10,000,0000 for corporate tax. No additional surtax will be charged as income do not fall under its net.
Tax liabilty = 673,000 * 34% = $ 228,820
Answer:
scarcity.
Explanation:
Scarcity can be defined as an economical problem that gives the relationship between non-renewable (limited) resources and the limitless wants and needs of consumers.
Basically, it's very important that producers of goods and services make decisions that would help them on how to efficiently allocate scarce or limited resources, in order to meet the unending requirements, wants and needs of consumers.
In Economics, an example of scarcity is that most of the resources used for the manufacturing of finished goods and services are nonrenewable, and as a result, the wants and needs of the end users or consumers are limited. Thus, economists would advise that economies should decide on what to produce, how to produce, when to produce and for whom to produce due to the finite and limited nature of resources i.e the concept of scarcity.
Answer:
The dividends paid exceeded the net new equity raised.
Explanation:
Answer:
what are the options? then ill reply with an answer.
The phrase that describes his investment strategy is "Risky and Long term investor".
Basically, an investment strategy refers to set of rules, behaviors or procedures which are designed to guide an investor's on the selection of an investment portfolio.
- Majority of investors fall between lower risk investor, moderate risk investor and higher risk investor.
- The portfolio that he invests in ( stocks and high-yield bonds) is an example of high risk portfolio
In conclusion, the phrase that describes his investment strategy is "<em>Risky and Long term investor</em>"
Read more about investment strategy:
<em>brainly.com/question/1101043</em>
