The Talley Corporation had taxable operating income of $490,000 (i. E. , earnings from operating revenues minus all operating costs). Talley also had (1) interest charges of $60,000, (2) dividends received of $25,000, and (3) dividends paid of $40,000. Its federal tax rate was 21% (ignore any possible state corporate taxes). Recall that 50% of dividends received are tax exempt. What is the firm's taxable income?

Answers

Answer 1

Taxable Income: $319,500.00 by given data in the question .

What is accountancy ?

Accounting, often known as accountancy, is the measurement, processing, and communication of financial and non-financial information about economic entities like businesses and corporations. The practise of recording, classifying, and summarising financial transactions for a business is known as accounting. It provides management with feedback on the status and performance of an organization's finances.

Calculation

You first need to determine Talley's taxable income:

Income after operating costs: $365,000.00

Less: Interest Expense -$50,000.00

Plus: Taxable Dividends Received $4,500.00

Only 30% of the $15,000 in dividends

are taxable.

Taxable Income: $319,500.00

Next you need to calculate your tax liability from Table 2-6

Corporate Tax Rates as of January 2008, on page 71

$319,500 falls into the $100,000 to $335,000 bracket so the corporate tax

would be: $22,250 + .39 ($319,500 - $100,000)

Base Amount plus marginal rate x difference between taxable income - lower base

Tax Liability = $107,855.00

Talley's marginal tax rate is 39% the rate on the last dollar of income subject to tax.

Talley's average tax rate is: Tax Liability / Amount of Income Subject to Tax

Average Tax Rate = $107,855/$319,500 = 33.76%

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Related Questions

i need this pleaseeeee!!!!
(a) The population of a certain city decreased by 4000 people. Write a signed number to represent this population change.
and also b!!!!​

i need this pleaseeeee!!!!(a) The population of a certain city decreased by 4000 people. Write a signed

Answers

Answer:

the answer is 0004..................

Amy thinks of three numbers, which she calls a, b and c. The ratio a: cis 4: 3. The ratio b: cis 7:5. The median of a, b and c is 80. Work out the values of a, b and c.​

Answers

Answer:

a = 80,b = 84,c = 60

=======================

Given

a :  c = 4 : 3 b : c = 7 : 5The median is 80.

From the ratios we see both a and b are greater than c.

Let's find the smaller of the two, which is the median when the numbers are ordered.

a = (4/3) cb = (7/5) c

Compare the fractions:

4/3 vs 7/5(4*5)/(3*5) vs (7*3)/(5*3)20/15 vs 21/1520 < 21, so4/3 < 7/5, so a < b

or

c < a < b

As per above, the median is a, which is 80.

Find the value of c:

(4/3)c = 80c = 80*3/4c = 60

Find b:

b = (7/5)*60 b = 84

will anyone help me with 8-21? i’m rlly confused on how to do this.

will anyone help me with 8-21? im rlly confused on how to do this.

Answers

AnSwEr ToO 8-21 eQuAlS -13..

Answer:

Step-by-step explanation:

8-21

basicly just do 21-8 then add a negative on the number

so 21-8= 13

so that will make the anwser -13

Please help me I don't understand how to do it

Please help me I don't understand how to do it

Answers

Step-by-step explanation:

first, get a piece of tracing paper. then, place it on the grid and copy the shape and the point of rotation. then, place your pen on the point of rotation and rotate the paper 180°. then copy the shape to its new position on the grid. then move the shape 4 units left by counting 4 squares on each vertex and moving it. lastly, find the coordinates of point

please help and don't waste my time with inaccurate answers. will give brainliest if the answer is correct.:)))

please help and don't waste my time with inaccurate answers. will give brainliest if the answer is correct.:)))

Answers

Answer:

allie saw 68 near sighted patients

sam saw 59 near sighted patients

Step-by-step explanation:

40% of 170 = 68

0.4 × 170 = 68

25% of 236 = 59

0.25 × 236 = 59

Suppose you calculated a paired-samples t test, with 30 pairs of scores. Mean mean difference is 6 and the standard error is 2.1. What is the .95 confidence interval

Answers

This means that we can be 95% confident that the true population means difference lies between 1.7075 and 10.2925.

Confidence interval = Mean difference ± (t-value × standard error)

Substituting the given values into the formula, we get:

Confidence interval = 6 ± (2.045 × 2.1)

Confidence interval = 6 ± 4.2925

A confidence interval is a statistical concept used to estimate the range of values in which a population parameter is likely to fall. It is calculated using sample data and is used to provide an estimate of the true population parameter.

The confidence interval is a range of values that is constructed around a point estimate, such as the sample mean or proportion. This range is based on the level of confidence chosen by the researcher, typically 90%, 95%, or 99%. For example, a 95% confidence interval means that if we were to repeat the sampling process many times, we would expect the true population parameter to fall within the range of values calculated for 95% of those samples.

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Plot 213, −56, and −312 on the number line.

Plot 213, 56, and 312 on the number line.

Answers

Answer:

Step-by-step explanation:

Plot 213, 56, and 312 on the number line.

Plot 213, −56, and −312 on the number line.

How to Simplify 4y^2 x y^3?

How to Simplify 4y^2 x y^3?

Answers

Answer:

4y⁵

Step-by-step explanation:

xⁿ·xⁿ = xⁿ⁺ⁿ

1). 4y²·y³

2). 4(y²·y³)

3). 4y²⁺³ = 4y⁵

a parabola has one x-intercept at (– 4, 0). if the vertex is at (2, 5), find the other x-intercept.

Answers

The equation of the parabola is  y -5 = (5/6) (x - 2)^2

How do you define a parabola?

a curve produced by the intersection of a cone's surface with a plane perpendicular to a straight line; a curve produced by a moving point whose distance from a fixed point is equal to its distance from a fixed line.

What is the parabola on a graph?

A quadratic function's U-shaped curve is shown on a parabola graph. A right circular cone and a plane surface intersect to form one of the conic sections known as a parabola in mathematics. The plane is symmetrical. U-shaped bend

y - k = a (x - h)2

where the vertex is (h,k). Since the vertex is known to be at (7,-3), we know that h = 7 and k = -3. Consequently, the equation is

y -5 = a (x - 2)2

We utilize the fact that the parabola passes through point to determine a for (4,0). With x =- 4 and y = 0, we obtain

0 - 5 = a (-4 - 2)

-5 = a (-6)2

-5 = -6a

a = 5/6

Consequently, the parabola's equation is

y -5 = (5/6) (x - 2)^2

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A counselor surveys a random sample of 60 out of 900 high school students. 75% of them said they were going to collage. She used these results to determine that 675 students in the overall school would be planning to go to collage. Do you agree with her prediction

Answers

Answer:

Yes, we agree with her prediction.

Step-by-step explanation:

Given:

Number of sample student = 60

Number of total student = 600

Number of student plan to go college = 675

Sample of student plan to go college = 75%

Find:

Prediction is correct or not

Computation:

Number of student plan to go college in sample = 60 × 75%

Number of student plan to go college in sample = 45

Number of student plan to go college = Number of student plan to go college in sample [900 / 60]

Number of student plan to go college = 45[900 / 60]

Number of student plan to go college = 45[15]

Number of student plan to go college = 675

So,

Yes, we agree with her prediction.

Hi can you please help me

Hi can you please help me

Answers

The probability that student chosen at random is 16 years is 0.28.

How to find the probability of the student chosen?

The table shows the distribution of student by age in a high school with 1500 students. Therefore, the probability that randomly chosen student is  16 years can be found as follows:

Therefore,

probability = number of favourable outcome to age / total number of possible outcome

Hence,

probability that student chosen at random is 16 years =  420 / 150

probability that student chosen at random is 16 years = 0.28

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For the function f(x) = x + 4, what is the ordered pair for the point on the graph where x = 3p?

(x, x + 4)
(x, 3p + 4)
(3p, x + 4)
(3p, 3p + 4)

Answers

Answer:  Choice D.   (3p, 3p+4)

=============================================

Work Shown:

f(x) = x+4

y = x+4 ..... since y = f(x)

y = 3p+4 .... replace x with 3p, because x = 3p

(x,y) = (3p, y) .... replace x with 3p

(x,y) = (3p, 3p+4) ... replace y with 3p+4

Answer:

D

Step-by-step explanation:

In an ordered pair, the input is the first value, and the output is the second value.

The input, x, in this case equals 3p, so that will be our first value, which eliminates answers A and B.

Now to find the output, simply plug the input into all instances of x in the equation, like so:

\(f(3p) = (3p) + 4 \)

Resolving that, we get 3p + 4 as our second value, which combined with our first value gets us (3p, 3p+4), which is answer D.

How many 1/3inch cubes does it take to fill a box with a width of 2 2/3inches, Length 3 1/3, and height 2 1/3inches?

Answers

Answer:hope this helps

Thus, it takes 560 1/3 inch cubes to fill a box with width 2 2/3 inches, length 3 1/3 inches, and height 2 1/3 inches.

Step-by-step explanation:

an insured has chosen joint and 2/3 survivor as the settlement option. what does this mean to the beneficiaries?

Answers

Joint and 2/3 survivor means that if the insured passes away, two of the beneficiaries will receive two-thirds of the insurance benefits, and the remaining third will be divided among all three beneficiaries.

Understanding Joint and 2/3 Survivor Settlement Option

Joint and 2/3 survivor is a settlement option for life insurance policies which means that when the insured passes away, two of the beneficiaries will receive two-thirds of the death benefits, while the remaining third will be divided equally among all three beneficiaries. This is beneficial because it ensures that two of the beneficiaries will receive the majority of the death benefits, while the remaining third will be split equally among all three. This provides a more secure financial future for the two beneficiaries receiving the most money as well as allowing the remaining third to be split equally, providing more financial security for all beneficiaries.

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cut out your net. fold along the lines. tape the edges together to form a solid. how many faces meet at each vertex?

Answers

In a net of a solid, the number of faces meeting at each vertex can be determined by examining the net and counting the number of lines that meet at each vertex. Each line corresponds to an edge of a face, so the number of lines meeting at a vertex is equal to the number of faces meeting at that vertex.

For example, if we consider a cube net, we can see that three faces meet at each vertex. Therefore, a cube has three faces meeting at each vertex.

Similarly, for other solids, we can count the number of faces meeting at each vertex by examining the net. For example, for a regular tetrahedron, four faces meet at each vertex; for a regular octahedron, four faces meet at each vertex; for a regular dodecahedron, three faces meet at each vertex; and for a regular icosahedron, five faces meet at each vertex.

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Line passes through the points (-4,-7) and (2,-3) on the coordinate plane.
Line passes through the points (-4, 1) and (2, t).
(9)
For what value of w is line m parallel to line l

Answers

The value of t for which the linear functions are parallel is given as follows:

t = 5.

When are linear functions?

Linear functions are parallel when they have the same slope.

Given two points, the slope is calculated as the change in y divided by the change in x.

Considering points (-4, -7) and (2,-3), the slope is given as follows:

m = (-3 - (-7))/(2 - (-4)) = 4/6.

Considering points (-4,1) and (2,t), the slope is given as follows:

m = (t - 1)/(2 - (-4)) = (t - 1)/6.

The two lines will be parallel when:

4/6 = (t - 1)/6.

Hence the value of x is obtained as follows:

t - 1 = 4.

t = 5.

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the width of a rectangular room is 3m shorter than its length . if its perimeter must not exceed 42m , calculate the greatest length the room can have​

Answers

The width of a rectangular room is 3 m shorter than its length. If its perimeter must not exceed 42 m, calculate the greatest length that the room can have.

can frequency distributions be made for both categorical and quantitative data?

Answers

Yes, frequency distributions can be made for both categorical and quantitative data.

A frequency distribution is a table that shows how often each value occurs in a data set. It is a way of summarizing data and can be used for both categorical and quantitative data.

Categorical data is data that can be divided into categories, such as gender or eye color. A frequency distribution for categorical data would show how many times each category appears in the data set.

Quantitative data is numerical data, such as height or weight. A frequency distribution for quantitative data would show how many times each numerical value appears in the data set.

In both cases, the frequency distribution helps to summarize and visualize the data in a clear and concise way.

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if a farm that’s for sale measures one and three-quarter square miles, how many acres is it?

Answers

The farm for sale measures 1120 acres.  

How many acres are equivalent to one square mile?

1 square mile= 640 acres.

To convert square miles to acres, we need to know that there are 640 acres in one square mile.

Given that the farm for sale measures one and three-quarter square miles, we can calculate the number of acres as follows:

1 and 3/4 square miles = 1.75 square miles  

Number of acres = 1.75 square miles * 640 acres/square mile

Number of acres = 1120 acres

Therefore, the farm for sale measures 1120 acres.

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Which algebraic expression is equivalent to this expression?
A. 135x+147
B. 24x+183
C. 24x+13
D. 24x+147
9(-2) +15(x + 11)

Answers

Answer:

15x +147

Step-by-step explanation:

the gradient of the line y = 4 -2x ​

Answers

Answer:

-2

Step-by-step explanation:

the slope-intercept form

-2
slope intercept form

Tessa's class had a math exam

Answers

Answer:

is dis a question. .......?????

Please helped timed question. Solve for a, b, and A. Round to the nearest tenth.

Please helped timed question. Solve for a, b, and A. Round to the nearest tenth.

Answers

Answer:

\(\angle A=90-72\)

\(\angle A=18\)

---------------

\(sin~72=\frac{b}{11}\)

\(11\times sin~72=6\)

\(b=10.5\)

----------------

\(11\times cos~72=a\)

\(a=3.4\)

----------------

ANSWER:

a=3.4

b=10.5

∠A=18

-----------------------

hope it helps...

have a great day!!

Find the next two terms in this
sequence.
50, 40, 31, 23, 16, | ? ],[?]

Answers

Answer:

8, 0

Step-by-step explanation:

1. Suppose a graph passes the
horizontal line test: No horizontal line can be
drawn that touches the graph in more than one location. Does this mean that
the graph represents a function? If not, is there anything special about a graph
that passes the horizontal line test? Share your ideas with a classmate.
2. Dotty and Lionel are making a graph comparing a car's age with its gas
mileage. Dotty says the graph should show discrete points because the car's
age is stated in whole numbers of years. Lionel says they should make a
continuous line because age increases gradually, like time. Which student do
you agree with and why?
3. Write two linear functions, f(x) and g(x). For example, f(x) = 3x - 7 and
g(x) = -2x + 5. Then see whether f(x) - (-g(x)) is equivalent to f(x)+ g(x). Hint:
To find -g(x), just change the signs of all the terms in g(x). Discuss whether
you think your results would apply to every function. Please answer 3

Answers

If it passes the horizontal lines test, it is a function.

What is meant by function ?

A mathematical phrase, rule, or law that establishes the link between an independent variable and a dependent variable (the dependent variable). In mathematics, functions exist everywhere, and they are crucial for constructing physical links in the sciences.

Use the vertical line test to determine whether an expression is indeed a function; if so, the expression IS one.

In any case, if the graph passes the vertical line test first, indicating that it is a function, and IF then it also passes the horizontal line test, it indicates that it is not only a function but also a one-to-one function, meaning that there is a unique x-coordinate value for every unique y-coordinate value. However, if it passes the horizontal line test, it doesn't mean much functionally. What the heck is up with the horizontal line test anyway?

The inverse expression of a function is only true for one-to-one functions.

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ch02 04 given wins = a0 a1 x population e1 . what is the regression term that describes a0 in the equation?

Answers

a0 is the regression term that describes the constant or intercept in the linear regression equation.

In a simple linear regression model, the equation takes the form of y = a0 + a1x + e1, where y is the dependent variable (or response variable), x is the independent variable (or predictor variable), a0 is the intercept or constant term, a1 is the coefficient of the independent variable, and e1 is the error term.

The intercept term, a0, represents the value of the dependent variable when the independent variable is zero. For example, in a linear regression model that predicts salary based on years of experience, the intercept would represent the starting salary for someone with zero years of experience. The intercept is an important component of the regression equation because it allows us to make predictions for values of x that are outside the range of our observed data.

The coefficient, a1, represents the change in the dependent variable for each one-unit increase in the independent variable. In the salary example, the coefficient would represent the average increase in salary for each additional year of experience.

Both the intercept and coefficient are estimated from the data using methods such as least squares regression. Once these values are estimated, we can use them to make predictions for new values of x.

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If a scuba diver is 20 feet under the surface of the water and ascends 8 feet, what is the scuba diver's new location?

Answers

Answer:

12ft

Step-by-step explanation:

Because 20-8=12...

Answer:

They are -12 ft   or 12 ft below the surface of the water

Step-by-step explanation:

20 feet under the surface of the water

-20

ascends 8 feet

+8

-20+8 = -12

They are -12 ft   or 12 ft below the surface of the water

-4 as a fraction

Please help quick, or if - 4 can't be a fraction let me know.

Answers

Answer:

Step-by-step explanation:

Any number can be made into a fraction if divided by any other number except for zero.

-4 is the same as -4/1

-4/0 is undefined (division by zero)

If triangle RST and triangle XYZ are similar, which of these equations must be true?

If triangle RST and triangle XYZ are similar, which of these equations must be true?

Answers

Answer: A

Step-by-step explanation:

If they are similar, that means the proportions for corresponding sides will be the same.

          I personally ignore the picture and use the labels of "triangle RST and triangle XYZ" that the problem gives because the XYZ picture is not lined up with the similarity it has with RST.

(A) says that side ST is corresponding with side YZ,

          [] Triangle RST and triangle XYZ

          -> Correct

(A) also says that side RT is corresponding with size XZ,

          [] Triangle RST and triangle XYZ

          -> Correct

               This means that option A is the correct answer.

Pls help I will give brainliest

Pls help I will give brainliest

Answers

I believe it’s (1/4,5/8)
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