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rusak2 [61]
3 years ago
8

Which term describes the group of people elected to run a corporation?

Business
1 answer:
alexandr402 [8]3 years ago
3 0
Board of Directors - this is a group of people (not necessarily even employees of the company) who have been elected to an advisory position because of their individual expertise.
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Spartan Corporation, a U.S. corporation, reported $2 million of pretax income from its business operations in Spartania, which w
AVprozaik [17]

Answer:

A. = (15% X $2M) + (21% X $2M) = $720,000. Since there is no mechanism for mitigating double taxation, the branch profit will be taxed on the to tax rate of 15% and 21% which is $300,000 and $420,000.

B. The total tax for $2m branch profit if US corporations can remove foreign based profit from US taxation will be just the 15% x $2m = $300,000.

C.If they are allowed to take deductions for foreign income taxes, the total tax on the $2m branch profit will be (21% -15%) x $2m = $120,000.

Explanation:

D.1. If credit are allowed for foreign income tax paid, total tax will be ($2m - $300,000 been foreign tax paid) x 21% = $357,000

D.2.

If the charge foreign income taxes at 30% and US corporations can claim refundable credit for foreign income tax paid on foreign source income = ($2m - $300,000 been the foreign income tax paid) = $1 700,000 x 30% = $510,000

6 0
3 years ago
Should a local government be able to condemn property in order to sell it later to real estate developers for private use? Why o
ZanzabumX [31]
No,I don't think that the <span>government should be able to condemn property if what they plan to do is to sell it later for private use. This should apply to both the local and the national government. The government should only have the power to condemn property if some important need arises, such as security or infrastructure, and if the need is important for the functioning of a society. However, taking away someone's property to give it to someone else is not a good use of condemnation. </span>
4 0
3 years ago
Following is a list of financial statement items and amounts for Vantage Service as of 12/31/Year 1, the end of its first year i
Mamont248 [21]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
5 0
3 years ago
The higher the switching costs for industry members, the more it can limit the supply of products and/or services. enhance suppl
Step2247 [10]

Answer:

limit supplier bargaining power.

Explanation:

Switching costs from industry refers to cost of moving from that industry to another industry.

If these costs are high, industry members would feel pressure to stay in the industry to avoid the high switching costs. So, they would tend to stick to industry. Members' this tendency to stay in industry irrespective of issues, is likely to reduce their bargaining power in the market.

7 0
3 years ago
Learner ID: 6. Explain the reason behind adding borders to cells in a spreadsheet.
Alina [70]

Explanation:

Adding cell borders and filling cells with colors and patterns is an easy way to make your data stand out, appear more organized, and make the spreadsheet easier to read.

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2 years ago
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