If there is decrease in income tax payable amount it will reduce the cash flow from operating activities or cash outflow from operating activity.
no
The purpose of taxes is to raise revenue to fund government. Money provided by taxation has been used by states and their functional equivalents throughout history to carry out many functions. It is operated by the government itself.
no it is an operating activity since accounts receivable are the person who has to give us the money and the mmoney is from sales so it in an operating activity.
Gross = Before TaxesNet= After Taxes
If there is decrease in income tax payable amount it will reduce the cash flow from operating activities or cash outflow from operating activity.
Dividend received is an investing activity and not an operating activity.
Net income refers to all income minus expenses and taxes. Ordinary income refers to all income other than capital gain. Therefore, net ordinary income is income, with the exception of capital gain, after expenses and taxes are deducted.
no
The purpose of taxes is to raise revenue to fund government. Money provided by taxation has been used by states and their functional equivalents throughout history to carry out many functions. It is operated by the government itself.
no it is an operating activity since accounts receivable are the person who has to give us the money and the mmoney is from sales so it in an operating activity.
taxes
Gross = Before TaxesNet= After Taxes
If you don't have money taken out of your paycheck for taxes, you still need to send money in to cover them. This is done through the payment of estimated taxes.
Why was it ironic that Daniel Shays would lose his farm for non-payment of taxes
Business taxes
Normally the taxes and insurance are included in the payment.