Growth rate of sales= present-past\past.
Growth rate:
- A growth rate is determined differently for each business, but it essentially serves as a gauge for how quickly a firm is expanding, contracting, or meeting its objectives. It is the best gauge of how well a company (or nonprofit, or mission) is doing.
- Sustainable Growth Rate (SGR) = Retention Rate× Return on Equity
- A crucial statistic for determining how well your organization is doing is growth month over month. Subtract the first month from the second month, then divide the result by the amount for the previous month to determine the month-over-month growth. The result is multiplied by 100 to yield a percentage.
- The maximum sales growth that a company can experience without needing more debt or equity financing is known as the sustainable growth rate.
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Nipennie and Mirasa, two developing countries, bartered cotton for jute rather than for currency. In this scenario, the two countries engaged in counter-trade.
Explanation:
Counter-trade is an internal mode of trade through which products and services are traded instead of hard currency for any other products or services. For developing nations with restricted exchange or credit services, this form of global trade is more prevalent.
Counter-trade can be divided into 3 main categories: trade, counter purchase and reimbursement.
The earliest counter-trade practice is bartering. An important advantage of counter trade is that it makes foreign exchange savings simpler. Complex agreements, increased costs and logistic problems are rising drawbacks of counter trade.
Answer:
$30,000
Explanation:
Usually, patents do not have a salvage value. If the useful life is 16 years, the amortization rate will be 1/16 x 100
=0.0625 x 100
=6.25%
Before January 2017, the trademark had been amortized for four years ( 2013, 2014, 2015, and 2016.)
Amortization per year = 6.25% x $400,000
=0.0625 x $400,000
=$25,000 per year: Four year amortization would be
=$25,000 x 4
=$100,000
The Book value as of January 2017 will be
=$400,000 -$100,000
=$300,000
add legal fee
=$300,000 + $60,000
=$360,000
remaining useful life = 16 -4 years = 12 years.
new depreciation rate = 1/12 x 100
=0.08333
Depreciation amount for 2017
= 0.08333 x $360,000
=$30,000
Answer: they should claim a deduction for foreign taxes on their Schedule A?
Explanation: An itemized deduction is an expenditure on eligible products, services, or contributions that can be subtracted from adjusted gross income (AGI) to reduce your tax bill.
Most taxpayers have the option to either itemize deductions or claim the standard deduction that applies to their filing status.
