esquire products inc. expects the following monthly sales: january $ 34,000 july $ 28,000 february 25,000 august 32,000 march 18,000 september 35,000 april 20,000 october 40,000 may 14,000 november 48,000 june 12,000 december 30,000 total sales
Answers
The total sales for Esquire Products Inc. can be calculated by adding up the sales for each month. Here is a step-by-step breakdown:
1. January sales: $34,000
2. February sales: $25,000
3. March sales: $18,000
4. April sales: $20,000
5. May sales: $14,000
6. June sales: $12,000
7. July sales: $28,000
8. August sales: $32,000
9. September sales: $35,000
10. October sales: $40,000
11. November sales: $48,000
12. December sales: $30,000
To find the total sales, we simply add up these values:
$34,000 + $25,000 + $18,000 + $20,000 + $14,000 + $12,000 + $28,000 + $32,000 + $35,000 + $40,000 + $48,000 + $30,000
Calculating the sum of these values, we find that the total sales for Esquire Products Inc. is $336,000.
In summary, the total sales for Esquire Products Inc. is $336,000.
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Related Questions
Kari needs to change the brightness and contrast on an image she has inserted into a word document. Which group should she use to do this?
Answers
Yvonne knows her firm must look at everything it does from a consumer's point of view. one major difficulty is that consumers' __________ change(s) over time.
Answers
Yvonne knows her firm must look at everything it does from a consumer's point of view. one major difficulty is that consumers' needs , wants and ability to purchase change(s) over time.
A person will look for and purchase a good or service because of their necessities. The necessity is what motivates the decision to buy. Sales will increase when a company becomes more adept at identifying these demands and providing goods and services which satisfies the consumer needs.
The majority of business concepts are born when an entrepreneur recognises a demand for a good or service. An entrepreneur or small business must take into account four primary customer needs. Price, quality, choice, and convenience top the list.
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Which of the following is not a management function?
Select one:
a. Controlling
b. Directing
c. Planning
d. Constraining
Answers
Answer:
Constraining
Explanation:
They guide not constrain
Toyota marketed its RAV4 hybrid model to a distinct segment of consumers as an adventurous, sporty hybrid that stands out as being uniquely different from other hybrid models. This is an example of
Answers
Answer:
the marketing mix variable—place
Explanation: this easy bc u just see what the variablie to the mix is times that
Toyota marketed its RAV4 hybrid model to a distinct segment of consumers as an adventurous, sporty hybrid that stands out as being uniquely different from other hybrid models. This is an example of market positioning.
What is Consumer?A consumer is referred to as an end user of any product. He is the person who utilized or consumes the goods. For example, when parents purchase baby food, they will be considered customers, not consumers the consumer will be a kid.
Market positioning is referred to as a technique in which the perception of the customer is influenced towards the product or brand by making attractive advertisements and promotions.
This market positioning helps in capturing the market and attracting target customers. This will also help in promoting business goodwill and meeting the expectations of the Buyer.
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Most string instrument bows are made from _____. Question 10 options: String Yarn Horse Hair Human Hair
Answers
Answer:
horse hair
Explanation:
yes, horse hair! <><><><><><><><><><>
In the organizational structure, it is responsible for managing of income and expenses of a company.
Answers
Financial Controller is responsible for managing of income and expenses of a company.
Who is Financial Controller?Vital controllers additionally influence direction, anticipating, and planning at the organization level, in view of bookkeeping information.
The FC is a senior forerunner in the money group. Consequently, it's generally expected that employment forms show huge involvement with bookkeeping and assessment issues, in addition to the capacity to direct others and take responsibility for organization's books.
This requires more than just a gift for numbers. Controllers should be coordinated self-administrators, with the abilities to urge the more extensive organization to follow strategies and techniques.
Therefore it is the Financial controller who basically helps in managing the overall income.
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The demand for financial capital increases when _________________ increases
Answers
The demand for financial capital increases when investment opportunities increase.
This is because businesses need financial capital in order to make investments and expand their operations. As more investment opportunities become available, the demand for financial capital also increases. This is a basic principle of economics, as businesses need financial capital in order to grow and take advantage of new opportunities.
In addition, the availability of financial capital can also impact the level of investment opportunities in an economy. If financial capital is scarce, businesses may not be able to access the funds necessary to take advantage of profitable opportunities, which could limit economic growth
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What is one TRUE statement about the stock exchange?
Answers
Answer:
Explanation:
For every seller, there has to be a buyer. For every buyer, there has to be a seller.The market determines the value put on a stock at least when the stock is on an exchange.There are many parameters used to determine if a stock should be bought or sold.Answer:
A. Each stock market is used to buy and sell stocks or shares of ownership in a company.
Explanation:
Edmentum 2022
Burton Co. Requests assistance allocating costs and determining the profitability of its two departments: Skis and Snowboards. Shared indirect expenses include rent and supervision. Use the Tableau Dashboard, with information from Burton’s December 31 year-end reports, for our analysis.
Compute gross profit for each department. 2. Allocate rent expense to each department.
Required 1Required 2
Compute gross profit for each department.
Department Gross Profit
Skis
Snowboards
Allocate rent expense to each department.
Rent expense Allocation Base Percent of Allocation Base Cost to be Allocated Allocated Cost
Department Numerator Denominator % of Total
Skis
Snowboards
Totals
Answers
Based on the sales and cost of goods sold for both departments of Burton Co., the gross profits are:
Skis - $58,000.Snowboards - $15,000.The rent expenses can be allocated as:
Skis - $5,400.Snowboards - $2,400.What are the departmental gross profits?This can be found as:
= Sales - Gross profit
Ski department: Snowboards:
= 100,000 - 42,000 = 75,000 - 60,000
= $58,000 = $15,000
What are the rental expenses?The allocation base for the rent expenses is the square feet occupied by each department.
Ski department:
Allocation Base Percent of base Cost to be allocated Allocated cost
14,000 feet² 70% $8,000 $5,600
Snowboard department:
Allocation Base Percent of base Cost to be allocated Allocated cost
6,000 feet² 30% $8,000 $2,400
Percent of base for Ski department is:
= 14,000 / (14,000 + 6,000)
= 70%
Allocated cost is:
= 70% x 8,000
= $5,600
Percent of base for Snowboard department is:
= 6,000 / (14,000 + 6,000)
= 30%
Allocated cost is:
= 30% x 8,000
= $2,400
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Dr. Miller believes there is a relationship between the amount of carbohydrates a child eats and the hyperactivity of a child. This belief is: theory variable hypothesis
Answers
Dr. Miller believes there is a relationship between the amount of carbohydrates a child eats and the hyperactivity of a child. This belief is a hypothesis.
A hypothesis is a tentative explanation or statement that proposes a relationship between variables. In this case, Dr. Miller believes that there is a relationship between the amount of carbohydrates a child eats and the hyperactivity of a child.
The hypothesis suggests that the level of carbohydrate consumption may impact or be associated with the level of hyperactivity displayed by a child. Hypotheses are formulated based on initial observations or theoretical considerations and are subject to testing and further investigation to determine their validity and accuracy.
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A speculator is considering the purchase of Mexican Peso call options
(contract size: Peso 500,000) with a strike price $0. 06/Peso. The premium
is $0. 007/Peso.
If the spot at expiration is $0. 054/Peso, what is the speculator's profit?
Answers
the speculator would have a net loss of $6,500.
To calculate the speculator's profit, we need to consider the difference between the spot price at expiration and the strike price, taking into account the premium paid for the options.
Given:
Strike price = $0.06/Peso
Premium = $0.007/Peso
Spot price at expiration = $0.054/Peso
Contract size = Peso 500,000
First, let's calculate the total cost of the options:
Premium per Peso * Contract size = $0.007/Peso * 500,000 = $3,500
Next, let's calculate the profit from the options:
Spot price at expiration - Strike price = $0.054/Peso - $0.06/Peso = -$0.006/Peso
To convert the profit to dollars, we multiply it by the contract size:
Profit = -$0.006/Peso * 500,000 = -$3,000
Since the speculator paid a premium of $3,500 for the options, and the profit from the options is -$3,000, the speculator's net profit would be:
Net profit = Profit - Premium = -$3,000 - $3,500 = -$6,500
Therefore, the speculator would have a net loss of $6,500.
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The previous graph you constructed should show that net exports from Japan would be negative if the price of yen increased to a high enough level,
such as an amount greater than $10 per 1,000 yen. If you convert this price into the form typically quoted in the newspaper, this price corresponds to_____yen per dollar.
Answers
Answer:
0.1 yen per dollar? if i got it wrong sorry
Explanation:
Since 10 divided by 1000 would be 0.1 yen wait is it the other way around?
Sue wants to work as a chemical engineer for either a large corporation or the government. What would you advise her to
do while she is earning her bachelor's degree to gain some real-world experience in the field of chemical engineering while still earning
college credits ?
a) Apply for a cooperative education experience, through her university, at a company or an agency that will provide her real work
experience in her field of study
b) Study hard and wait until she earns her degree to get experience
c) Take a job on campus working in the office typing papers for engineering professors
d) Take a part-time job working nights at a pharmacy
Answers
Answer:
A
Explanation: The most common reason tbh.
Answer: A
And just trust
Which department handles the task of finding vendors that will provide goods at the best prices?
Answers
Let's assume you know the following:
U = 20.250.75
(a) Define the marginal rate of substitution.
(b) As a function of prices and income, solve for the optimal bundle for each good.
Answers
(a) The marginal rate of substitution (MRS) measures the rate at which a consumer is willing to give up one good in exchange for an additional unit of another good while maintaining the same level of satisfaction or utility.
(b) To solve for the optimal bundle, we need the prices of the goods and the consumer's income. Without this information, we cannot provide a specific answer.
However, the general approach is to set up an optimization problem where the consumer maximizes utility subject to their budget constraint.
The mathematical representation of the consumer's problem is:
Maximize U(x, y) subject to pₓx + pᵧy = I,
where U(x, y) represents the utility function,
pₓ and pᵧ are the prices of goods x and y,
x and y are the quantities of goods consumed, and
I is the consumer's income.
By taking the partial derivatives of the utility function with respect to x and y, we can set up the following equations to find the optimal bundle:
MUₓ/MUᵧ = pₓ/pᵧ, (the marginal utilities are equal to the price ratio),
pₓx + pᵧy = I, (the budget constraint).
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a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The estimated scrap value of the asset at the end of the year is Le 2,000. Show the provision for depreciation account for the first 3 years in the life of the asset using the Straight line method
Answers
Answer:
First year : Le 2100
Second year : Le 2800
Third year : Le 2800
Explanation:
Given the following :
Cost of equipment = 30,000
Useful years = 10
Salvage or scrap value = 2,000
depreciation account for the first 3 years in the life of the asset using the Straight line method :
Straight line Depreciation :
(Cost - salvage value) / useful years
First year: (April - December 1990)
April - December 1990 = 9 months
(30,000 - 2000) / 10 × 9/12
28000 / 10 × 0.75 = Le 2100
Second year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
Third year:
(30,000 - 2000) / 10 × 12/12
28000/ 10 = Le 2800
In addition, the following sales unit volume information for the period is as follows: Conquistador Hurricane 1,500 Sales unit volume 2,100 a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc. Contribution Margin by Product Conquistador Hurricane Sales X X Variable cost of goods sold X X Manufacturing margin X X Variable selling expenses X X Contribution margin X X Contribution margin ratio X % X % ✓ $ Product Profitability Analysis Galaxy Sports Inc. manufactures and sells two styles of All Terrain Vehicles (ATVS), the Conquistador and Hurricane, from a single manufacturing facility. The manufacturing facility operates at 100% of capacity. The following per-unit information is available for the two products: Conquistador Hurricane Sales price $5,000 $3,200 Variable cost of goods sold (3,150) (2,140) Manufacturing margin $1,850 $1,060 Variable selling expenses (700) (516) Contribution margin $1,150 $544 Fixed expenses (540) (220) Operating income $610 $324 In addition, the following sales unit volume information for the period is as follows: Conquistador 2,100 Hurricane 1,500 Sales unit volume a. Prepare a contribution margin by product report. Compute the contribution margin ratio for each product as a whole percent. Galaxy Sports Inc. Contribution Margin by Product Conquistador Hurricane
Answers
For the Conquistador, the contribution margin ratio for each product as a whole percent 23% and for the Hurricane, the contribution margin ratio is 17%.
Based on the information given, Galaxy Sports Inc. manufactures two types of ATVs, the Conquistador and Hurricane, in a single manufacturing facility that operates at full capacity. The per-unit information for both products includes sales price, variable cost of goods sold, manufacturing margin, variable selling expenses, and contribution margin. The fixed expenses for both products are also given, which enables the calculation of operating income.
To prepare a contribution margin by product report, the contribution margin for each product should be calculated first by subtracting the variable costs of goods sold and variable selling expenses from their sales price. The contribution margin ratio can then be calculated by dividing the contribution margin by the sales price and multiplying by 100%.
For the Conquistador, the contribution margin is $1,150 ($5,000-$3,150-$700), and the contribution margin ratio is 23% ($1,150/$5,000 x 100%). For the Hurricane, the contribution margin is $544 ($3,200-$2,140-$516), and the contribution margin ratio is 17% ($544/$3,200 x 100%).
Comparing the two products, Conquistador has a higher contribution margin and contribution margin ratio, which means that it generates more profit per unit and is more profitable overall. However, Hurricane still provides a positive contribution margin and contributes to the company's overall profitability.
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Brad, a manager at a new investment firm, is performing job evaluation. He selects 12 benchmark jobs in the firm and then ranks each of these jobs against compensable job factors such as physical effort, responsibility, skill, and nature of the working conditions. This ranking is based on job descriptions created during job analysis. Later, the management meets as a group and develops a consensus on the assigned values for each job. In the given scenario, which of the following systems or methods is Brad most likely using for job evaluation?
A) The point system
B) The classification system
C) The factor-comparison method
D) The market-basket analysis method
Answers
Answer:
C) The factor-comparison method
Explanation:
It is correct to say that the method for evaluating jobs that Brad is using in this scenario is the method of comparing factors, which consists of evaluating various factors of the job and not just the job itself. This method is advantageous due to the ease of application and classification of factors, such as those classified as compensable work factors such as physical effort, responsibility, skill and the nature of working conditions.
The objective of the factor comparison method is then to promote a remuneration corresponding to each value attributed to the job's working factors and thus to promote a fairer remuneration according to the position.
If the goal is to keep your employee retention rate high, what
are 3-5 critical success factors and one layer of necessary
conditions?
Answers
To keep employee retention rates high, critical success factors include offering competitive compensation and benefits, providing growth and development opportunities, fostering a positive work culture, promoting work-life balance, and ensuring effective communication and feedback channels. One necessary condition is creating a supportive and inclusive work environment that values diversity and promotes equal opportunities.
Competitive compensation and benefits play a crucial role in attracting and retaining talented employees. Providing growth and development opportunities, such as training programs and career advancement paths, helps employees feel valued and motivated to stay with the organization. Fostering a positive work culture, where employees feel respected, recognized, and engaged, contributes to higher retention rates.
Promoting work-life balance by offering flexible schedules and time-off policies helps employees maintain a healthy work-life integration. Effective communication and feedback channels, including regular performance evaluations and open dialogue, create a sense of transparency and trust.
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Your sister asks for your recommendation based on your calculations. What is your recommendation and why?
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If your sister asks for your recommendation based on your calculations, your recommendation will be based on relevant user usage suggestions.
Recommendation systemLet's say your sister asks for a movie recommendation, and you use the recommendation system where information is filtered, that is, if you use a streaming platform to watch your movies, the recommendation will be based on your previous choices.
So if you want to recommend a movie for your sister to watch, based on your calculations, you will likely recommend a movie based on your own rating and preference.
A recommender system is then a strategy for filtering data by learning data that generate patterns established by users, being collected implicitly and explicitly.
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question content area based on the following data for the current year, what is the inventory turnover? sales on account during year $523,476 cost of goods sold during year 153,051 accounts receivable, beginning of year 48,648 accounts receivable, end of year 45,353 inventory, beginning of year 33,699 inventory, end of year 42,397 do not round interim calculations. round your final answer to one decimal place. a. 3.4 b. 4 c. 1 d. 26.5
Answers
The inventory turnover for the current year is approximately 4, indicating that the inventory was sold and replenished approximately four times during the year.
To calculate the inventory turnover, we divide the cost of goods sold by the average inventory. First, we need to find the average inventory by taking the average of the beginning and ending inventory. The beginning inventory is $33,699, and the ending inventory is $42,397. So, the average inventory is ($33,699 + $42,397) / 2 = $38,048.
Now, we can calculate the inventory turnover by dividing the cost of goods sold ($153,051) by the average inventory ($38,048). Thus, the inventory turnover is $153,051 / $38,048 = 4.02 (rounded to two decimal places).
Therefore, the correct answer is 4 (option b) when rounded to one decimal place.
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Assume that you would like to put money in an account today to make sure your child has enough money in 10 years to buy a car. If you would like to give your child $10,000 in 10 years, and you know you can get 5% interest per year from a savings account during that time, how much should you put in the account now?
Answers
A = P(1 + r/n)^(nt)
Where:
A = the future value of the investment
P = the principal (initial investment)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time period (in years)
Using this formula, we can solve for P, the amount of money we need to put in the account now:
A = $10,000 (the future value we want)
r = 0.05 (the annual interest rate)
n = 1 (since interest is compounded annually)
t = 10 (the time period in years)
P = A / (1 + r/n)^(nt)
P = $10,000 / (1 + 0.05/1)^(1*10)
P = $10,000 / (1.05)^10
P = $10,000 / 1.62889
Therefore, you should put approximately $6,131.41 in the savings account now to ensure that you will have $10,000 in 10 years, assuming a 5% annual interest rate compounded annually.
In 2019, Blue Enterprises issued, at par, 60$1,000,9% bonds, each convertible into 100 shares of common stock. Blue had revenues of $17,100 and expenses other than interest and taxes of $8,100 for 2020 . (Assume that the tax rate is 20%.) Throughout 2020,2,400 shares of common stock were outstanding; none of the bonds was converted or redeemed. (a) Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. $2.55. ) Earnings per share $ (b) Assume the same facts as those assumed for part (a), except that the 60 bonds were issued on September 1,2020 (rather than in 2019), and none have been converted or redeemed. Compute diluted earnings per share for 2020. (Round answer to 2 decimal places, e.g. \$2.55.) Earnings per share $ (c) Assume the same facts as assumed for part (a), except that 20 of the 60 bonds were actually converted on July 1,2020. Compute diluted earnings per share for 2020 . (Round answer to 2 decim
Answers
(a) Diluted earnings per share for 2020 is $3.38.
(b) Diluted earnings per share for 2020 is $3.00.
(c) Diluted earnings per share for 2020 is $3.50.
To calculate diluted earnings per share (EPS), we consider the potential impact of convertible securities, such as bonds that can be converted into common stock. In this scenario, we have $60,000 worth of convertible bonds issued by Blue Enterprises.
In part (a), since none of the bonds were converted, we calculate diluted EPS by dividing the net income ($17,100 - $8,100) by the weighted average number of shares outstanding, which is 2,400. Therefore, diluted EPS is $3.38.
In part (b), we assume the bonds were issued on September 1, 2020, which means they were outstanding for a shorter period. Since none were converted or redeemed, we still divide the net income by the weighted average number of shares, which remains 2,400. Diluted EPS in this case is $3.00.
In part (c), 20 of the 60 bonds were converted on July 1, 2020. The conversion of bonds into common stock increases the weighted average number of shares outstanding. In this case, the new weighted average number of shares is 2,600. By dividing the net income by 2,600, we find the diluted EPS to be $3.50.
In summary, the diluted EPS for 2020 varies depending on the conversion of bonds into common stock. It is $3.38 when none of the bonds are converted, $3.00 when the bonds were issued later and remained unconverted, and $3.50 when 20 out of 60 bonds were converted.
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When a bank makes a loan:
A. It causes an increase in the money supply.
B.it causes a reduction in the money supply.
C. it can stimulate business activity, but there is no effect on the money supply.
D. it can cause either an increase or a decrease in the money supply depending on the elasticity of supply
Answers
Answer:
C
Explanation:
this is the answer bc there is really no effect
madeline made a cash gift of $30,000 to the american cancer society, a qualified public charity. madeline itemizes her deductions and has an adjusted gross income of $48,000. what is the maximum income tax deduction allowable to madeline in the current year for her charitable contribution?
Answers
The maximum allowable deduction for Madeline's charitable contribution is $24,000.
What is contribution?Contribution is the act of giving or providing something of value to a cause, project, or another person. It can also refer to a donation of time, money, or materials. Contribution can be both voluntary and involuntary. An example of voluntary contribution is donating to a charity, while involuntary contribution could be taxes.
This is because the total amount of cash contributions allowed as a deduction in any tax year is limited to 60% of the taxpayer's adjusted gross income. Therefore, Madeline can deduct up to 60% of her AGI ($48,000) which equals $28,800. However, the maximum cash contribution allowed is $30,000 so Madeline can only deduct up to $24,000 in this tax year.
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explain one short term metaphors of finance for a start up or established small business
Answers
Answer:
Short-term finance can be defined as any financing that a borrower pays off over a shorter repayment period. More specifically, though, short-term finance refers to any loan that a business pays off in under a year
lusk corporation produces and sells 14,400 units of product x each month. the selling price of product x is $26 per unit, and variable expenses are $20 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $101,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the monthly financial advantage (disadvantage) for the company of eliminating this product should be:
Answers
The monthly financial advantage for the company would be $57,400. To calculate the monthly financial advantage/disadvantage of discontinuing Product X, we need to first determine the total contribution margin of Product X.
Contribution margin is the difference between the selling price of a product and its variable expenses. In this case, the contribution margin per unit of Product X is $6 ($26 selling price - $20 variable expenses).
To find the total contribution margin for the month, we multiply the contribution margin per unit by the number of units produced and sold:
$6 contribution margin x 14,400 units = $86,400 total contribution margin
Now we need to subtract the fixed expenses that are unavoidable if Product X is discontinued. In this case, that amount is $72,000.
$86,400 total contribution margin - $72,000 unavoidable fixed expenses = $14,400 monthly financial advantage
Therefore, if Lusk Corporation were to discontinue Product X, the company would have a monthly financial advantage of $14,400. This means that the company would save $14,400 per month in expenses by not producing and selling Product X.
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what is an example of a modern-day type of business or industry that has experienced rapid growth?
Answers
One example of a modern-day business or industry that has experienced rapid growth is the technology industry, specifically the sector of Cloud computing.
Cloud computing is a technology that enables businesses and individuals to store and access data and applications over the Internet rather than on physical devices. Cloud computing services include software as a service, platform as a service (PaaS), and infrastructure as a service. Cloud computing has experienced significant growth in recent years due to increased demand for remote work, digital transformation, and the need for scalable and cost-effective solutions.
Companies that provide cloud computing services such as Amazon Web Services (AWS), and Microsoft Azure, are among the largest and most valuable companies in the world. Moreover, the cloud computing market is expected to continue to grow as more and more businesses and organizations adopt cloud-based solutions.
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Kana is a single wage earner with no dependents and taxable income of $205,000 in 2018. Her 2017 taxable income was $155,000 and tax liability was $36,382. Calculate Kana's 2018 income tax liability and the minimum required 2018 annual payment necessary to avoid any penalty. Round your answers to two decimal places. Click here to access the income tax rate schedules. Kana's 2018 income tax liability: $ Kana's minimum required 2018 annual payment necessary to avoid any penalty: $
Answers
Answer:
A.$47,439.50
B.$40,020.20
Explanation:
A.Calculation for 2018 income tax liability
Since we are told Kana has a taxable income of the amount of $205,000 and she is as well a single wage earner which means that her income tax will be $45,689.50 including 35% tax rate reason been that her taxable income is above $200,000
Hence,
First step
Kana Taxable income of $205,000 - $200,000
= $5,000
Second step
$5,000 x 35%
= $1,750
Third step is to calculate Kana 2018 income tax liability
2018 Income tax liability=$1,750 + $45,689.50
2018 Income tax liability= $47,439.50
Therefore Kana's 2018 income tax liability will be $47,439.50
B. Calculation for Kana's minimum required 2018 annual payment to avoid penalty
Based on the information given we were told that her 2017 taxable income was the amount of $155,000 while her tax liability was the amount of $36,382 which means that since her Taxable income of the amount of $155,000 is higher than the maximum amount of $150,000 which means we have to multiply Kana tax liability of the amount of $36,382 by 110%
Hence,
Kana's minimum required 2018 annual payment=$36,382 x 110%
Kana's minimum required 2018 annual payment= $40,020.20
Therefore Kana's minimum required 2018 annual payment necessary to avoid any penalty will be $40,020.20
Lightskins or Darkskins
Or Other ?
Answers
Answer:
any kind of boy
Explanation:
I have no type