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2 years ago

Definition of tax fraud and tax reduction?

Business

1 answer:

Rainbow [258]2 years ago

6 0

Answer:

Tax fraud is basically cheating on a tax return in an attempt to avoid paying the entire tax obligation.

Tax Reduction means any tax refund or any reduction in taxes paid by the acquirer, the company, or any of their respective partners.

Explanation:

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Samantha is the store manager of a sporting goods store. A customer came in to return a fishing reel because the reel did not wo

Arturiano [62]

The type of account Samantha should recod the transaction is the contra account.

8 0

3 years ago

Bond prices and yields Assume that the Financial Management Corporation's $1 comma 000-par-value bond has a 7.800 % coupon,

Neporo4naja [7]

Answer:

(a) Dollar price of the bond = Par value × Current price percentage

= $1,000 × 106.124%

= $1,061.24

(b) Bond's current yield:

Annual interest paid in dollars = Bond par value × Rate of interest

= $1,000 × 7.8%

= $78

$Current\ yield = \frac{Interest}{Bond\ value}$

$Current\ yield = \frac{78}{1,061.24}$

= 0.0734

= 7.34%

(c) Issue price of bond is $1,000 and current maturity price is $1,061.24. Thus, bond price is greater than the par value.

(d) Current yield is the return on bond at current price. Yield to maturity is 6.588 % and current yield is 7.34%. Since the current price is more than the par value, therefore, YTM is lower than the current yield.

3 0

3 years ago

"While standing on a bank you wish to spear a fish in front of you. Would you aim above, below, or directly at the observed fish

arlik [135]

To spear the fish you would need to aim below the observed fish to

make a direct hit -Therefore, in order to strike the fish you should aim below where the fish appears to be. -Answer is( 2) Below; directly

With a laser, you would aim directly at the fish -Answer is (1) none of the above

Explanation:

"In both cases, of course, the light coming from the fish is refracted

away from the normal as it travels through the water surface to your

eyes. As a result, the fish appears closer to the surface than it

really is.

(a) If you are using a bow and arrow to spear the fish you

should realize that the arrow will not deviate as it enters the water;

it will continue along the original straight line path from the bow.

Therefore, in order to strike the fish you should aim below where the

fish appears to be. -Answer is( 2) Below; directly

(b) When you use a laser gun to zap the fish then you should realize

that the beam will be refracted as it enters the water. In fact, the

laser beam will travel along exactly the same path as the light from

the fish (although in the opposite direction!). Therefore, in order to

hit the fish you should aim you laser gun directly where the fish

appears to be."-Answer is (1) none of the above

7 0

2 years ago

The market demand curve

Sidana [21]

Answer:

The answer is: A) is the sum of all individual demand curves.

Explanation:

By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.

5 0

2 years ago

A small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to

den301095 [7]

Answer:

Part a. Manufacturing the goods at home and let overseas sales managers handle the marketing.

Advantages

Can have a full authority in production activities.
It is easy to set up a strategy and multiply the manufacturing.
Having better regulator over human resources.
The foreign sales agents will enhanced the understanding of European marketplaces.
It lower the exit costs if product fails.

Disadvantages

Having lack of information in European pharmaceutical procedures.
The foreign agents may damage the brand name if not prudently handled.
Additional costs in delivery of the products.

Part b. Manufacture the products at home and set up a wholly owned subsidiary in Europe to handle marketing.

Advantages

Having full control in manufacturing activities.
It is easy to set up a strategy and multiply the manufacturing.
Having better regulator over human resources.
The brand name will not be damaged since the marketing is controlled by the same company

Disadvantages

Utilization of extra resources to be consumed on marketing
Having lack of information in European pharmaceutical procedures.
Additional costs in delivery of the products
Having lack of information in European pharmaceutical procedures

Part c. Enter into a strategic alliance with a large European pharmaceutical firm. The product would be manufactured in Europe by the 50/50 joint venture and marketed by the European firm

Advantages

The risk is distributed among the firms.
No additional delivery cost included.
Knowledge of European organization will be valuable in
understanding guidelines and advertising in European markets.

Disadvantages

Having less control in manufacturing activities
Shared of the profit among the partners.
Moderate level of exit cost is included.
Additional firm may harm the brand image.

7 0

2 years ago