The primary objective was to prevent Catholics from coming to the United States. They feared that Catholics would take over and that the Pope would instruct them on how the United States should be governed, so they had campaigns on how the Catholic immigrants should not be allowed into the country and should not be given citizenship.
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Answer:
$444,000
Explanation:
current earnings and profits = (taxable income - income taxes) - meals expense + tax exempt income = ($600,000 - $155,000) - $3,000 + $2,000 = $444,000
Disallowed expenses are expenses made by an individual or company that the IRS doesn't allow to be deducted, e.g. meals. Tax exempt income is income that is not taxed by the IRS, e.g. DRD includes at least 70% of dividends received.
Deferred gains or unearned revenues are considered a liability and are not included in the income statement.
Answer:
The required rate of return is 17.2%
Explanation:
To calculate the required rate of return, we will use the CAPM or Capital asset pricing model. The formula for the required rate of return (r) is:
r = rRF + Beta * (rpM)
Where,
- rRF is the risk free rate.
- Beta is the measure of the risk
- rpM is the market risk premium
Required rate of return for Puffy Shirt Inc's stock is:
r = 0.04 + 1.2 * 0.11
r = 0.172 or 17.2%
Answer:
i really like to sing but i do not have a good voice. but it makes me feel so happy and i love it but i will never sing in public
Explanation:
