What is tax payable????????

Answers

Answer 1

Answer: It's like a type of a account in the current liabilities section of a company's um I think balance sheet.

Answer 2

Answer: A liability is basically something you owe someone.Your reliable for paying that someone back correct?
Tax Payable is a liability.But what exactly is tax payable?
Well its a "tax" you have to pay to the federal government and you have a year to do so.

*If you are taking accounting the tax payable is on the balance sheet, (the income Statements side to be exact)
Hope this helped :)

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"A storm damaged Mr. Smith’s roof, allowing rainwater to leak into the house. Mold began to grow. It cost $5200 to repair the roof and $2500 to clean up the mold. Mr. Smith’s policy has a $500 deductible, and it excludes mold damage. How much did the insurance company pay Mr. Smith?"

Answers

Answer: $4,700

Explanation:

Given that,

Repairing cost of roof = $5,200

Cost to clean up the mold = $2,500

Policy Deductible = $500

It was given that mold damage is excluded.

So, insurance company should pay Mr. Smith:

= Repairing cost of roof - Policy Deductible

= $5,200 - $500

= $4,700

Therefore, the insurance company pay Mr. Smith the amount equal to $4,700.

Final answer:

Mr. Smith's insurance company paid him $4700 for roof repairs after a storm, deducting a $500 policy deductible. The mold cleanup costs were not covered by the insurance.

Explanation:

The question is asking for the amount Mr. Smith's insurance company paid him following a storm that damaged his roof. Initially, it cost Mr. Smith $5200 to repair the roof and an additional $2500 to clean up the mold. However, his insurance policy had a $500 deductible, and it did not cover mold damage. Therefore, the insurance company paid the amount for the roof repairs (which is $5200), minus the $500 deductible. Hence, the insurance company paid Mr. Smith $4700, as the mold damage costing $2500 was excluded from the policy.

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Piers lives in an apartment and has an existing TV connection. He wants to subscribe to a high-speed Internet connection; however his lease doesn’t allow him to install new infrastructure. Which of the following subscriptions can he use? A.digital subscriber line
B. cable Internet access
C. ISDN
D. satellite network

Answers

D. satellite network. I mean they didn't specify if he has a cable subscription and even then I don't think it would be the right answer.

Answer:

Its A: digital subscriber line

Explanation:

got it right on plato, D is wrong

Maria is going to take out a loan with a principal of $19,700. She has narrowed down her options to two banks. Bank M charges an interest rate of 7.1%, compounded monthly, and requires that the loan be paid off in five years. Bank N charges an interest rate of 7.8%, compounded monthly, and requires that the loan be paid off in four years. How would you recommend that Maria choose her loan?a.
Bank M offers a better loan in every regard, so Maria should choose it over Bank N’s.
b.
Maria should choose Bank M’s loan if she cares more about lower monthly payments, and she should choose Bank N’s loan if she cares more about the lowest lifetime cost.
c.
Maria should choose Bank N’s loan if she cares more about lower monthly payments, and she should choose Bank M’s loan if she cares more about the lowest lifetime cost.
d.
Bank N offers a better loan in every regard, so Maria should choose it over Bank M’s.

Answers

Answer:

Explanation:

To answer this question we have to make comparisons between the two proposals.

1) Bank M

19700

7.1% compounded monthly = 86 annualy

5 years Maturity

Performing calculations, the outcomes:

Monthly Payment $391.01

Time Required to Clear Debt 5.00 years

60 Payments total of $23,460.82

Total Interest $3,760.82

2) Bank N

19700

7.8%

4 years maturity.

Monthly Payment $479.09

48 Payments total of $22,996.19

Total Interest $3,296.19

Both proposals consider a Constant Amortization System, with constant monthly payments. Notice also that Bank N offer lower total interest despite a higher monthly payment, and Bank M offer higher interest yield and lower monthly payment.

Answer:

Answer is B I am 2000% sure.

Explanation:

Wyatt is paying back a loan with a nominal interest rate of 13. 62%. If the interest is compounded quarterly, how much greater is Wyattâ€™s effective interest rate than his nominal interest rate? a. 0. 96 percentage points b. 0. 40 percentage points c. 0. 25 percentage points d. 0. 71 percentage points.

Answers

Wyatt's effective interest rate would be greater than his nominal interest rate by 0. 71 percentage points.

The nominal interest rate is 13. 62% or 0.1362 that would be given an effective rate of interest as follows:

$R=(1+(i)/(m))^(m) -1\n=(1+(0.1362)/(4))^(4) -1\n=0.1433$

Here, the value of the effective rate of interest, that is 0.1433 that would be multiplied with 100 to get the percentage value of 14.33%

Hence, the difference between effective and nominal interest rates would be:

$14.33-13.62\n=0.71$

Learn more about the effective and nominal rates of interest here:

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If the appropriate managerial action or behavior in any given situation depends on elements of that situation (e.g., if the best motivational technique depends on the characteristics of the individual being motivated), which perspective on organizational behavior is being supported? The interactionalism perspective The universal perspective The human relations perspective The situational perspective

Answers

The situational perspective is the perspective on organizational behavior is being supported, appropriate managerial action or behavior in any given situation depends on elements of that situation.

Situational perspective:

Situational angle is an agency control method in which the supervisor specializes in precise state of affairs in place of the normal fashionable to be able to compare or shape a decision .

It is a versatile fashion of management that supposes in the fashion of the control to in shape into the wishes of the agency.

The fundamental wishes of the agency and the paintings surroundings function the important thing drivers of moves and selections in place of adopting a normal rule.

Therefore, the Situational perspective is the organizational behavior for the appropriate managerial action or behavior in any given situation depends on elements of that situation .

Learn more about situational perspective refer:

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Answer:

Situational perspective.

Explanation:

Situational perspective is an organization management strategy where the manager focuses on specific situation rather than the generic standard in order to evaluate or form a decision .

It is a flexible style of leadership that allows the style of the management to fit into the needs of the organization. The basic needs of the organization and the work environment serve as the key drivers of actions and decisions rather than adopting a generic principle

Fees associated with buying and finalizing your loan are known as _____.

Answers

Closing cost is the term used to call for a fees associated with buying and finalizing your loan. When you say closing cost meaning you are closing a real estate transaction. From the world itself closing, meaning you are conveying the estate to the buyer.

Answer:

Closing cost

Explanation:

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