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3 years ago

why it is important to business administration student to study and know the basic principles of income taxation?

Business

1 answer:

posledela3 years ago

6 0

<h2>PRINCIPAL OF INCOME TAXATION </h2>

The benefit principle of taxation is based on two ideas. The first and foremost is that those who benefit from services should be the ones who pay for them. Secondly, people should pay taxes in proportion to the amount of services or benefits they receive.

Explanation:

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Alan Jackson invests $20,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 yea

kondaur [170]

Answer:

a. $32,800

b. $37,019

c. $37,460

Explanation:

a. The computation of Total Amount Withdrawn by Alan when simple interest is shown below:-

Accumulated amount of money = Invested amount + (Rate of interest × Number of years)

= $20,000 + ($20,000 × 8% × 8)

= $32,800

b. The computation of Total Amount Withdrawn by Alan when annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest)^Number of years

= $20,000 × (1 + 0.08)^8

= $20,000 × 1.85093

= $37,019

c. The computation of Total Amount Withdrawn by Alan when semi annually Compounded is shown below:-

Accumulated amount of money = Invested amount × (1 + rate of interest × Number of years ÷ 200)^16)

= ($20,000 × (1 + 0.08 × 8 ÷ 200)^16)

= $20,000 × 1.87298

= $37,460

Therefore we have applied the above formulas.

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4 years ago

What is the first phase of the money laundering process called?

Maksim231197 [3]

Money laundering involves three steps: The first involves introducing cash into the financial system by some means ("placement")

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3 years ago

Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions)

Elena-2011 [213]

Answer:

Large most likely reports net cash outflows from investing activities of $9 million.

Explanation:

Large Corporation

Statement of cash flows (extract)

$ in millions

Purchase of patent ($14)

Proceeds from sale of land and buildings 24

Cash paid to acquire office equipment (19)

Net cash flows from investing activities ($9)

Note that the purchase of treasury stock belongs to financing activities section of the cash flows, while gain from sale of land and buildings and investment revenue belong to operating activities section of the cash flows

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3 years ago

Your client noticed that his ad was disapproved for editorial reasons. Why is it important for him to understand and abide by Go

alexandr1967 [171]

Answer:

The answer is: B) AdWords policies can help ensure ads are useful, varied, relevant, and safe for web users.

Explanation:

Google´s main source of income is advertisement, so they are very specific on what they allow or not. They have strict policies regarding what type of content they allow. They make billions of dollars with ads so they must protect their core business and income source.

They have a list of what is prohibited (counterfeit goods, dangerous products, dishonest behaviour and inappropriate content), what is restricted (adult content, alcohol, copyright, gambling health care, etc.), what practices they prohibit (data collection, abusing ad practices, and misrepresentation) and finally the quality standards for the ads and websites (editorial, technical, destination and format requirements). In theory all ads should comply with their rules.

The following quote refers to one of Google´s Editorial and Technical Requirements.

"Editorial - In order to provide a quality user experience, Google requires that all ads, extensions, and destinations meet high professional and editorial standards. We only allow ads that are clear, professional in appearance, and that lead users to content that is relevant, useful, and easy to interact with."

They have rules every possible aspect of ad content and they divide them into categories:

Prohibited content: Content you can't advertise on the Google Network
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4 years ago

Explain the most well-known service provided by insurance companies. *

earnstyle [38]

Answer:

Car insurance

Explanation:

Everybody drives a car.

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3 years ago

why it is important to business administration student to study and know the basic principles of income taxation? ​

why it is important to business administration student to study and know the basic principles of income taxation?