This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The formula for converting desired net income into operating income is (Read 39 times)

hannahmadyronde

  • Full Member
  • ***
  • Posts: 134
on: Feb 5, 2023

Question 1

Assume Buddy's Farm Supply wants to make $45,000 in net income. If the tax rate is 25%, how much operating income must Buddy have?
◦ $360,000
◦ $60,000
◦ $180,000
◦ $56,250

Question 2

The formula for converting desired net income into operating income is
◦ desired net income times the income tax rate.
◦ desired net income divided by (1 - tax rate).
◦ desired net income divided by (1 + tax rate).
◦ the income tax rate divided by the desired net income.
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by hannahmadyronde on Feb 5, 2023

ludadtpb

  • Full Member
  • ***
  • Posts: 175
Reply #1 on: Feb 5, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


hannahmadyronde

  • Member
  • Posts: 134
Reply 2 on: Feb 5, 2023
:D TYSM

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Apidium may be ancestral to all later higher primates and is reconstructed as looking like a small-b Apidium may be ancestral to all later higher primates and is reconstructed as looking like a small-b
Energy is released from the breaking of the phosphate bond in ATP when converting to ADP. Energy is released from the breaking of the phosphate bond in ATP when converting to ADP.
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Pressure and altitude with formula Pressure and altitude with formula
Half-life formula Half-life formula
Quadratic Formula Quadratic Formula
Video: Double Stranded DNA Molecule Animation

For a complete list of videos, visit our video library