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Q. Describe about Self-Employment Tax?
Self-Employment Tax - Most individuals who are in business for themselves, like PARTNERS, SOLE PROPRIETORS or independent contractor are subject to self-employment taxes. Taxes provide coverage for the self-employed individual for social security (OASDI) and Medicare benefits (HI) similar to taxes withheld by employers from wages it pays employees.
What is the Trade payable days (turnover) Year-end trade payables/Credit purchases (or cost of sales)x 365days This is the length of time taken to pay suppliers. The rat
Explain the significant feature of the wealth maximisation The significant feature of the wealth maximisation criterion is that it considers is that it considers both the quali
What is a financial management strategy?
challenges that the finance manager face in fulfilling the managerial function
Suppose the bid-ask spot prices for one British pound are $1.50 and $1.60 respectively. 1. Compute the bid-ask prices for one US dollar in terms of British pound. 2. Suppose
Financial analysis The purpose of financial statements is to provide information to all the users of these accounts to assist them in their decision-making. It has to be concer
Let us express the process of calculating approximate percentage price change for a given change in yield and a given duration using the following formula:
What are the objectives of working capital management? Briefly explain the various elements of operating cycle.
What is the effect of stock (not cash) dividends and stock splits on the market price of common stock? Why do corporations declare stock splits and stock dividends? Stock divi
RELATIONSHIP OF FINANCIAL MANAGEMENT WITH OTHER BUSINESS FUNCTIONS
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