Answer:
A) formal institutional frameworks erected by the host-country government.
Explanation:
In this case, Wales is considered the host country since Widget Corp.'s home country is Lithuania. Taxes imposed by governments are institutional frameworks, they are not informal rules of the game.
The taxes imposed by Wales are called import tariffs and they are used to increase the price of imported goods and services.
Answer:
A) Company A is the one that is financially leveraged.
Where there is the presence of debt in the capital structure of a firm, that firm is said to be Financially leveraged.
B) A is true.
A company's return on equity or expected returns increases because the use of leverage increases stock volatility. Volatility increases its level of risk which in turn increases returns. This happens only if the company is operating an ideal level of financial leverage.
On the other hand, however, but excessive debt can increase the risk of default and can lead to low returns or even bankruptcy.
Cheers!
Answer:
$1,200
Explanation:
during 2019, Harry can deduct:
- 50% of the costs of meals while on he is on business trips
- 100% of airfare and other travelling costs
- 100% of lodging costs while doing business
Harry's deductions = (50% x $200) + (100% x $600) + (100% x $500) = $100 + $600 + $500 = $1,200
Any expenses incurred during vacation are not deductible.
