Answer:
Total FV= $134,711.26
Explanation:
Giving the following information:
Cash Flow:
Cf2= $22,200
Cf3= $40,200
Cf5= $58,200
Interest rate= 9 percent per year.
To calculate the future value, we need to use the following formula on each cash flow:
FV= PV*(1+i)^n
Cf2= 22,200*(1.09^3)= 28,749.64
Cf3= 40,200*(1.09^2)= 47,761.62
Cf5= 58,200
Total FV= $134,711.26
it would be "True"
The federal reserve is a bank for all public banks.
Answer:
Fewer than 1% of all individual tax returns are audited in a given tax year. However, certain types of both taxpayers and income—including, for instance, high-income individuals, cash- oriented businesses, real estate transactions, and estate- and gift-taxable transfers—are subject to much higher probabilities of audit. The ethical tax professional does not "play the audit lottery" and lower his/her reporting standards because of a perception that such actions "will not be caught," nor should the tax professional allow clients to do so.
Explanation:
Fewer than 1% of all individual tax returns as well as all corporate tax return are been audited in a given tax year.
However, certain types of both taxpayers and the income for example high-income individuals, cash- oriented businesses, real estate transactions, estate as well as gift-taxable transfer are often subject to much higher probabilities of audit.
Furthermore the ethical tax professional does not "play the audit lottery" and lower his/her reporting standards because of a perception that such actions "will not be caught," nor should the tax professional allow clients to do so which is why thethe IRS has developed ways of document matching/ maximizing income in which Treasury can help determine if a transaction has been properly and effectively reported by comparing all related party information, third party information and yearly averages to relevant taxpayers' returns for the year.
Answer:
c. An enhanced flow of ideas
Explanation:
Enhanced flow of ideas often lead to innovation, which would eventually lead to various creations that increase the production efficiency.
When conducting free trades, people from less-industrialized country can learn from conducting business with people from a more industrialized country. For example, they can learn the type of machines used for production,the marketing method that is used to reach customers, the most efficient way to distribute your product, etc.
After learning all this, the people form less industrialized nation could implement the knowledge in the home country. This is one way they can improve their economy and strengthen their position in on the international level.