Answer:
$277,125
Explanation:
The calculation of income tax expense is shown below:-
Income tax expense = Income taxes payable at the end of 2022 + (Rent revenue ÷ 2) × Tax rate
= $258,000 + (($153,000 ÷ 2) × 0.25)
= $258,000 + $76,500 × 0.25
= $258,000 + $19,125
= $277,125
Therefore for computing the income tax revenue we simply applied the above formula.
Answer:
110,000 units
Explanation:
<u>Calculation of the equivalent units of production for materials in June</u>
Beginning work in process 20,000
Units started and completed (90,000-10,000) 80,000
Ending work in process <u>10,000</u>
Equivalent units of production for materials for June <u>110,000</u> units
Suppose in 2020, you purchase a house built in 2014. The value of the services of the real estate agent. the value of the services of the real estate agent would be included in the gross domestic product for 2020 This is further explained below.
<h3>What is the gross domestic product?</h3>
Generally, Final products and services—i.e., those purchased by consumers—are included in GDP, which estimates the value of goods and services produced in a specific period of time.
In conclusion, Imagine that in the year 2020 you decide to buy a home that was constructed in 2014. The price that should be paid for the real estate agent's services. The total value of the real estate agent's services would be included in the calculation of the gross domestic product for the year 2020.
Read more about gross domestic product
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Answer:
An arbitration agreement is a contract in which you and your employer agree that certain disputes will be decided in arbitration, not litigation. When you sign a binding arbitration agreement, you are giving up your right to go to court.
Explanation: