Answer:
B) achieving political and economic unity
Explanation:
The goals of mercantilism were to increase the wealth of the government (accumulate gold and silver) by controlling economic affairs, and ultimately increasing the power of the nation (both economic and military). You must remember that mercantilism was popular during the 17th and 18th century when democracy didn't exist, and the Kings and Queens were eager to increase their personal wealth, power and greatness.
Answer: False
Explanation:
Even if you have a reliable income but you have no credit history, you will be seen as a something of a risk because you don’t yet have a track record.
Therefore a credit card company will charge higher interest rate due to the potential risk because of lack of track record .
Answer:
D. No loss recognized and a reduction in E&P of $200,000
Explanation:
Given that:
- Current and accumulated E&P : $500,000
- A distribution of land to its sole shareholder: $200,000
- E&P basis to Catamount : $250,000
From that, we can see that the current and accumulated E&P is greater than its distribution of land so no loss would be reported so there will be reduction in earning and profits of the company of $200,000.
Hope it will find you well.
Answer: $2500
Explanation:
The American opportunity tax credit has to do with the expenses which is paid on qualified education for a student who's eligible and this is typically for the first four years.
A maximum annual credit of $2,500 can be gotten per eligible student. Since the modified AGI of $139,220 is less than $180000 which is the limit, then they'll be eligible for $2500.
The government sets heavy regulations on businesses in a planned economy fitting social ideals
