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What else can I help you with?
What type of depreciation method does the company probably use for income tax purposes?
Straight line method.
What factors do you take into account in determining the amount of depreciation?
You need to consider the useful life if the asset. The risidual income you expect to get from selling it on. And whether you are using straight line or reducing balance.
What does revenue income mean?
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
What is Before tax income after tax income?
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
What kind of income tax is based on your taxable income?
Income tax IS based on your income that is why it is called INCOME tax.
What is the Definition of direct income and indirect income?
Money that is received straight to the recipient over a period of time.
What are restructuring charges and how to accout for them?
A restructuring charge is an infrequent expense that generally results from asset writedowns or facility closings. It is not considered an extraordinary item and must be considered when calculating a firm's income from continuing operations
What is the formula for determining state income tax on a straight percent basis?
The formula for determining state income tax on a straight percent basis is: State Income Tax = Taxable Income × State Tax Rate. Here, the taxable income is the income subject to taxation after deductions and exemptions, and the state tax rate is the percentage set by the state government. This method applies a consistent rate across all taxable income, simplifying the calculation.
What is the average income of a person straight out of high school into the real world?
what is the average income of a high school student going into the world
What type of depreciation method does the company probably use for income tax purposes?
Straight line method.
You consume all your income at every level of income Draw your consumption and saving functions what are your MPC and MPS?
If you consume all your income at every level of income, your consumption function is a straight line at a 45-degree angle from the origin, indicating that consumption equals income (C = Y). In this scenario, your Marginal Propensity to Consume (MPC) is 1, since any additional income is entirely consumed. Consequently, your Marginal Propensity to Save (MPS) is 0, as there is no saving occurring at any income level. The saving function would be a horizontal line at zero, reflecting that savings do not increase regardless of income.
Why cant anyone give me a straight answer do you have to pay income if your 70 and older what the hell yes or no?
YES, YES, YES. There is no age limit that will stop anyone from filing and paying income taxes. I have seen several people who were told this or assumed this in error. If you have taxable income over the filing threshold then you are required to file a tax return no matter what your age is. I hope this has helped you even though it may not be the answer you had hoped for.
If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income the graph would show a?
If the Lorenz Curve were used to graph the distribution of income in an economy where all households earn the exact same income, the graph would show a straight diagonal line at a 45-degree angle. This line represents perfect equality, indicating that each percentage of households earns the same percentage of total income. Since there is no income disparity, the Lorenz Curve would coincide with the line of equality.
How much does a still photographer make?
The average annual income is $55,000 per year for a still photographer. The average annual income for a wedding photographer is $102,000.
Annual income for union journeyman electrician?
It depends on where you are located. In the Washington DC area a IBEW union journeyman electrician can make $74,000 (straight time) a year plus benefits.
What factors do you take into account in determining the amount of depreciation?
You need to consider the useful life if the asset. The risidual income you expect to get from selling it on. And whether you are using straight line or reducing balance.
What does revenue income mean?
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
