Answer:
Recognized as revenues in the debt service fund.
Explanation:
Debt Service fund is a term that is used to describes a form of cash reserve utilized in the payment of interest and principal on specific kinds of debt for a given period. For example, bond premiums are commonly imposed by state law to be moved to debt service funds.
Hence, If taxes are levied specifically for payment of interest and principal on long-term debt, those taxes are: Recognized as revenues in the debt service fund.
Answer:
The answer is: E) None of his salary can be excluded from gross income because Hank must reside overseas for the entire year
Explanation:
According to the IRS's Foreign Earned Income Exclusion (and Requirements) a US citizen can claim up to $105,900 (in 2019) of his gross income to be excluded from gross income in the US only if that person resided in the foreign country for at least 330 days in the last year.
If the company's annual profits decrease (the amount of cash they make per year) then that would lead to a decrease in the price of a company's stock.
Answer:
Quarterly dividend = $0.85
Explanation:
Shares are instruments that are used to obtain funds by businesses. Buyers of shares get ownership of part of the company in exchange for their money invested.
As a way to motivate investors to buy, companies quote a dividend payout to investors.
In the given scenario the dividend yield is 4% on a $85 stock
The yield is yearly
Yearly dividend = $85 * 0.04 = $3.4
We are required to get the quarterly dividend
Quarterly dividend = 3.4 ÷ 4
Quarterly dividend = $0.85
If the United States-Mexico-Canada Agreement eventually get approved by the legislators in member countries, it will replace the existing North American Free Trade Agreement.
<h3>What is the United States-Mexico-Canada Agreement?</h3>
The agreement is expected to bring a support of beneficial trade amont members which will lead to free markets, fairer trade, and robust economic growth in the continent.
Hence, the approval of the agreement will lead to replacement of the North American Free Trade Agreement that served almost the same purpose.
Read more about USMCA
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