Compute the bonus after bonus and taxes

Assignment Help Accounting Basics
Reference no: EM133161368

Question - Natural Company has an agreement to pay the sales manager a bonus of 10% of the entity's earnings. The income for the year before bonus and tax is P5,250,000. The income tax rate is 25%. Compute the bonus after bonus and taxes. Compute the bonus after tax but before bonus.

Reference no: EM133161368

Questions Cloud

Did either of you shut down communication : Did either of you shut down communication? Was ending the conversation a good choice? Why or why not?
Prepare the budgeted operating income statement : If the company now anticipates that the total number of jobs will fall to 900 for the year, prepare the budgeted operating income statement for the year 2022
Ethics-media and criminal justice : Create a foundation for the accurate and ethical reporting of news about the criminal justice system.
Demographics-risk factors for becoming criminal and victim : How are the demographics or risk factors for becoming a criminal and victim related? How are they different?
Compute the bonus after bonus and taxes : Natural Company has an agreement to pay the sales manager a bonus of 10% of the entity's earnings. Compute the bonus after bonus and taxes
Calculate direct labor price, efficiency and flexible budget : For the current year Foxborough Corp. budgeted to produce and sell 20,000 units. Calculate direct labor price, efficiency and flexible budget
What thinking processes of evaluation practice did you adopt : What thinking processes of evaluation practice did you adopt and What are your first immediate thoughts upon reading this scenario
Social security fairness act : Congress has recently passed the Social Security Fairness Act (SSFA), which provides that, effective immediately,
How have external influences impacted health care research : How have external influences impacted health care research?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd