Answer:
-35 percent will reduce tax revenues.
-48 percent will reduce tax revenues.
Answer:
DR Inventory $609,000
Land $1,086,750
Buildings $2,138,250
Customer Relationships $842,250
Goodwill $965,750
CR Accounts Payable $102,000
Common Stock $56,400
Additional Paid-In Capital $1,353,600
Cash $4,130,000
Working
Common Stock = 28,200 shares * $2 = $56,400
Additional Paid in Cap = 28,200 shares * ( 50 - 2) = $1,353,600
DR Additional Paid-In Capital $32,400
CR Cash $32,400
DR Professional Services Expense $49,800
CR Cash $49,800
Mrs. Brown has to follow the provincial law regime.
<u>Explanation:</u>
- The basic difference between federal and provincial law is that federal law or the federal government enacts laws and legislation for all the state of the country while provincial laws are those laws that are for the specific province or state. Furthermore, the Federal government has the authority to enact criminal laws and enactments while the provincial law has got no such authority.
- The Canadian Federal Government is solely responsible for making laws and legislation that covers and impacts the entire country while the provincial government has the authority to make enactments which directly impacts and concerns their territory. The federal laws concern laws governing the national interest of the country including national defense, criminal law, and national postal services while health care, public education, and highways are part of provincial government legislation.
- In the given question, Mrs. Brown who is a lawyer by profession wants to create a company to operate her business activities in all provinces and territories - this is a situation which requires provincial law to be implemented since it concerns the business formation and it's operation for an individual and hence doesn't concerns the national interest of the country.
Jeremy Siegal showed that since 1802, stocks outperformed bonds in 69% of rolling 5-year investing periods.
<h3>How often do stocks outperform bonds?</h3>
Research by Jeremy Siegal showed that 69% of the time in 5-year investment periods, stocks would outperform bonds.
This was most probably due to stocks having higher returns overtime, and being more sensitive to economic performance which brought more or less returns to the stockholder.
Find out more on the relationship between stocks and bonds at brainly.com/question/1330190.
Answer:
The answer is 2. $ 10,000
Explanation:
The cashflow is a perpetuity
Present value of Perpetuity = $1000/ 0.10 = $10000
The investor should be willing to pay $10000
