(3) Calculate the total tax paid by the company and shareholder with and without an imputation system, based on the following facts. (a) the company has one shareholder; (b) the company’s before tax profit is $5,000; (c) all after tax profit is distributed in full at the end of the income year; (d) company tax rate is 27.5%; (e) the shareholder marginal tax rate is 39% including a 2% Medicare levy.
In: Accounting
Are the following statements true or false?
(a) The Social Security benefit formula works to the advantage of low-wage workers.
(b)Compared to those with higher earnings, on average, low-wage workers are more likely to pay thousands of dollars in Social Security taxes and then die before, or soon after, becoming eligible for retirement benefits.
(c) Social Security works to the disadvantage of groups with below average life expectancy.
In: Economics
A Saturn 5 third stage rocket boosts Apollo 17 (46,768 kg, 103,106 lbs) from orbital speed (7,822 m/s, 17,500 mph) to escape speed (11,174 m/s, 25,000 mph) to reach the moon. Determine the exhaust gas velocity needed for this "deltavee". Third stage booster mass by itself is 104,328 kg before and 11,249 kg after the rocket “burn”.
In: Physics
A box of mass 0.200 kg is given an initial speed of 2 m/s up a ramp with an angle of θ = 45° from the horizontal. The coefficients of friction between the box and ramp are μs = .7 and μk = .5 a) How far up the ramp does the box go before it comes to rest? b) Does it start to slide down the ramp after it gets to its maximum distance up the ramp?
In: Physics
choose two questions from the following to teach someone.
a) What should an athlete eat or drink before, during and after a workout?
b) Should an athlete take supplements like vitamins or protein powder to enhance their performance or just to feel better? Why or why not?
c) An athlete has a problem with hydration what advice would you give him/her and what recommendations to hydrate properly?
In: Biology
You would like to set up an annuity so that, after you retire, you can take out the interest from the maturity value every month to pay living expenses (you predit that you will need $1200 every month). If you start saving 20 years before retirement into an account paying 6% interest, how large of a monthly payment will you need to make?
In: Finance
Please give answer and explanation. Thanks
Partners Mann and Nie receive a yearly salary of $100,000 and
$80,000, respectively. Partnership income for the year, before any
distributions to partners, is $250,000. Assume full
implementation.
Mann and Nie each receive a bonus of 20% of partnership income
after salaries and both bonuses.
What is Mann's bonus?
Select one:
A. $14,000
B. $12,333
C. $11,667
D. $10,000
In: Accounting
A golf ball strikes a hard, smooth floor at an angle of 35.0 ° and, as the drawing shows, rebounds at the same angle. The mass of the ball is 0.0542 kg, and its speed is 41.0 m/s just before and after striking the floor. What is the magnitude of the impulse applied to the golf ball by the floor? (Hint: Note that only the vertical component of the ball's momentum changes during impact with the floor, and ignore the weight of the ball.)
In: Physics
In: Accounting
In: Computer Science