An inventory costing method that assigns the most recent cost to cost of goods sold is the LIFO Method.
LIFO Method or the Last In, First Out Method use to place an accounting value on inventory. It operates under the presumption that the last item of the purchased inventory is the first one sold.
Answer:
$1,500
Explanation:
Domestic investment = $1500 billion
Private domestic savings = $3000 billion
Government deficit = $2000 billion
Rise in government spending = $1000 billion
Now,
Trade deficit =
Domestic investment - Private domestic saving - Government savings
also,
Total Government deficits = $2,000 + $1000
= $3,000
and,
Government savings = - Government deficits
= - $3,000
Now we know government deficit is 3000 billion and if spending increases further 1000 billion, the government deficit will be 4000 billion
thus,
Trade deficit = $1,500 - $3,000 - (- $3,000)
or
= $1,500
Answer:
a. had a large number of sophisticated language systems
Explanation:
- The indigenous tribes of the New guinea are Melanesian and Austronesian people and speak Papuans and they are the rarest of the newly evolves tribal population.
- As they have migrated and have a larger sense of the linguistics diversity as the lands were separated from other landmasses till date there are more than 312 tribes on the western side of the inland.
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Answer:
True
Explanation:
Qualified dividends are ordinary dividend that enjoy special tax privilege by being taxed at lower rate. The rate is based on specific tax rate which range from 0% to 20% depending on the income threshold. Though these dividends are taxed based on this specific lower tax rate compare to income tax rate, they are also subjected to net investment income of 3.8% if they earn above certain threshold.
However for dividends to be qualified, it must meet the two requirements given by the Internal Revenue Service (IRS). The requirements are:
*The dividend must have been paid by an entity incorporated in the United States or a qualifying foreign entity.
* The stock must have been held within the minimum holding period specified by the tax law.
So the answer is true because qualified dividends may be subject to a marginal tax rate of 23.8% for taxpayers with income over a certain threshold as explained above.
