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.
Answer:
scalability
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this company has employed the concept of scalability. Like mentioned in the question Scalability is the ability to handle a growing amount of work by adding resources to the process or system.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
The best describes a leveraged buyout fund's acquisitions is Investing in mid-sized businesses.
Explanation:
A leveraged buy (LBO) is a takeover of another company which is spending a substantial amount of money to offset the acquisition cost. In addition to the acquired company's assets, assets are often used as collateral for the loans.
One of the largest LBOs reported in 2006 was Kohlberg Kravis Roberts & Co. (KKR), Bain & Co., and Merrill Lynch's takeover of Hospital Corporation of America (HCA).
In leveraged buy-outs (LBOs), the ratio of debt to equity is usually 90% to 10%.
Answer:
It seems that something is missing in question i.e b) what is the after state taxes profit in the state with the 2% tax rate.
Answer for both requirement is given below in explanation with calculation.
Explanation:
A) After tax profit where state tax is 10%
The after tax profit will be 1,278,000$ (1420000*90%)
B) After tax profit where state tax is 2%
the after tax profit will be 1,352,400$ (1380000*98%)
So we can conclude that option 2 is better because it gives greater after tax profit.
Answer:
$12,614.
Explanation:
We have been given that a food producer in the Czech Republic offers to pay you 2.1 million Czech koruna today in exchange for a year's supply of frozen shrimp. The current competitive market exchange rates are 25.29 koruna per dollar.
Therefore, the value of this exchange to you would be $12,614.
