Number of results: 2,957
here is my problem. The tax rate in a certain state is 5% Find the total price payed for shoes that cost 52 dollars Total price = cost + salestax =52 + 52*.05 =52+2.60
Tuesday, August 9, 2005 at 12:41pm by masha
Fed Tax 2- AMT
Corp reports - Taxable income 300,000 Interest on private activity bonds 20,000 Life insurance proceeds 250,000 Dividends-received deduction 50,000 Depreciation claimed for: Taxable income purposes 175,000 AMT purposes 130,000 Adjusted current earnings 800,000 What is th e ...
Saturday, August 5, 2006 at 7:59am by stephanie
Corporation is a calendar-year taxpayer. All of the stock is owned by Fred. His basis for the stock is $35,000. On 3/1 (non-leap year), Corporation distributes $120,000 to Evan. Determine the tax consequences of the cash distribution to Fred in each of the following ...
Saturday, August 5, 2006 at 8:17am by help
True or False: 1) To prevent triple taxation, a corporation is entitled to deduct 50% of the dividends received from other domestic corporations. 2) If the election to amortize organizational expenses is not made in the first eligible year ,the organizational expenses may not ...
Saturday, August 5, 2006 at 12:43pm by 5th year accounting-TAX
LABOUR ECON...TAX QUESTION
k here is the question suppose a government imposed an employment tax. That is upon entering the labour force an, individual had to pay a lump sum tax. (if they dont work, they dont have to pay the tax). How ould this affect the individual's labour supply curve? Good question...
Monday, November 6, 2006 at 4:46pm by tofu
Can someone please help me with the following question. I really don't know where to start. -In 2006, Jack and Jill Money had AGI of $275,750 and taxable income of $175,000. They have three children, all of whom qualify for the dependency exemption. They file a joint return. a...
Monday, April 9, 2007 at 1:00pm by undecided
tom paid 695.5 for a tv when 7% sales tax was included in that price what was the price of the tv before the tax and how much sales tax did tom pay? You can set it up this way: 1.07x = 695.5 x = _______ That will tell you the price of the TV. The difference between 695.5 and ...
Friday, April 13, 2007 at 6:12pm by Arkuk
A video games price was 90$. The store offered 10% discount. How much did a costumer pay if there was a 8% sales tax on the selling price? 10% of $90 = a (90 x .10) $90 - a = b b x .08 = sales tax To add to what Writeacher said, Multiply b x 1.08 and that will give you the ...
Saturday, April 14, 2007 at 11:55am by Anonymous
math (sales tax)
Jill bought supplies at a hardware store that cost $41.75. If she paid sales tax of $1.67, what was the sales tax rate?: * 5.5% 5.0% 4.5% 4.0% Please explain, thanks.
Saturday, September 22, 2007 at 10:02am by anonymous
math (sales tax)
$41.75 is the price before tax. Convert 1.67/41.75 to percent
Saturday, September 22, 2007 at 10:02am by drwls
Anyone knows what's the tax rate in Minnesota? I don't know the name of the tax, but I meant the tax you got taken away from your check when you work. Income tax? I web site with various tax rates corresponding to different level of income earned would be nice. Thanks ahead!
Thursday, December 27, 2007 at 5:57pm by Daisy
These sites answer your questions about the Minnesota state income tax. There are other sites for the U.S. income tax. http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_MN.html http://www.taxes.state.mn.us/
Thursday, December 27, 2007 at 5:57pm by Ms. Sue
I know the answer to the following question is either (c) regressive tax augement or (d) the ability-to-pay principal. I am not sure which one? "A $1,000.00 tax paid by a poor person may be a larger sacrifise than a $10,000 tax paid by a wealthy person" is an argrment based on...
Tuesday, April 8, 2008 at 1:25pm by G
swaetshirts are on sale for 26 dollars and are 15% off. what is the sales price before tax
Saturday, April 26, 2008 at 9:31am by kc
Alan just immigrated to Canada and owns STARS ltd (US company). Alan owned 100% of shares to STARS ltd. STARS ltd. was incorporated in the US in 2004. Alan wanted to know if he should use STARS ltd or a new company to carry on his business in Canada? He's also not sure whether...
Sunday, May 18, 2008 at 3:47pm by Rachel
finance after tax profit margin
The ABC Corp. had net income before taxes of $400,000 and sales of $2,000,000. If it is in the 50% tax bracket its after-tax profit margin is: A. 5% B. 10% C. 20% D. 25% 400,000 take away 50% for taxes leaves 200,000. 200,000 after-taxes divided 2,000,000 total sales = 10% B ...
Friday, July 25, 2008 at 12:51pm by Jason
Finance (after-tax cost)
Assuming a tax rate of 50%, the after-tax cost of a $200,000 dividend payment is? A. $200,000 B. $100,000 C. $-100,000 D. none of the above O.K., given a $200,000 after-tax dividend payment and a 50% tax bracket. That means the company had at least $400,000 or more before ...
Saturday, July 26, 2008 at 4:04am by Jason
finance (after-tax profit margin)
The ABC Corp. had net income before taxes of $4000,000 and sales of $2,000,000. If it is in the 50% tax bracket its after-tax profit margin is? A. 5% B. 10% C. 20% D. 25% net income $400,000 - 50% taxes = $200,000 $200,000 / $2,000,000 sales = 10% after-tax profit margin
Saturday, July 26, 2008 at 4:08am by Jason
Frankland Company is an accrual method company, On December 30, 2003, it received a prepayment of $36,000 from a tenant, who is leasing a warehouse from Frankland. The payment represents the rental for the period January 2004 through December 2006. How much inocme does ...
Monday, April 20, 2009 at 1:25pm by Jane
A taxable corporation faces a flat 35% marginal tax rate. What is the tax savings from an additional $100,000 deduction?
Monday, April 20, 2009 at 1:31pm by Jane