Poor citizens will be greatly affected by a increase in taxes,nobody takes into account there day to day living,rent,utilities,food and that's just to name a few.
Answer:
20%
Explanation:
Public Limited Companies pay Corporation tax rates, currently set at 20%, on their taxable profits. There are also tax-deductible costs and allowances that can be offset against the company profits for even greater tax savings.
Answer:
$10.88
Explanation:
The value of private shares can be approximately gotten from various methods such as comparing valuation ratios, discounted flow analysis, net tangible assets, and so on.
Given that:
value of private company stock = $13.44 per share
Expected control premium = 12% = 0.12
Marketability discount = 15% = 0.15
Discount for key person = 15% = 0.15
Value per share = value of private company stock [(1 + expected control premium)(1 - Marketability discount) × (1 - discount for key person)]
= $13.44 [(1 + 0.12) × (1 - 0.15) × (1 - 0.15)]
= $10.88
Answer:
The correct answer is $ 41,000.
Explanation:
This problem requires us to calculate the amount of cash dividend that will be reported in the financing section of the statement of cash flows. In statement of cash flow the dividend paid in cash during the period is reported. Dividend declaration in not relevant as far as statement of cash flow is concerned.
Cash dividend to reported is calculated as follow.
Dividend payable opening balance = 10,000
Divdend declared = 42,000
Dividend payable closing balance = (11,000)
Dividend paid = 41,000
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