Answer:
Land.
Explanation:
In the U.S. State of Texas, the Texas General Land Office is an agency of the Texas state. This agency is responsible for overseeing lands and mineral rights resources that are under the ownership of the state. This agency is headed by the Land Commissioner of the Texas State. The constitutional purpose of the agency was to "supervise, execute and employ all acts that touch the public lands of Texas.
Answer:
$5,000
Explanation:
Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares
Using this formula
Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased
Let plug in the formula
Amount to be reported as investment income=$25,000 x 20%
Amount to be reported as investment income= $5,000
Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000
Answer:
$10,000
Explanation:
Calculation for How much of the 2017 minimum tax credit is refundable to LNS in 2018
Refundable minimum tax credit=($100,000-$80,000)*50%
Refundable minimum tax credit=$20,000*50%
Refundable minimum tax credit=$10,000
Note that the 50% represent the refund of the minimum tax credit that is still remaining
Therefore How much of the 2017 minimum tax credit is refundable to LNS in 2018 will be $10,000
Answer:
$1,498.86
Explanation:
Given that;
Packing of crates per month(u) = 779
Annual carrying cost of 39% of the purchase price per crate
Ordering cost (S) = $27
D = 779 × 12 = $9,348 crates per year
H = 0.39P
H = 0.39 × $12
H = $4.68 crates per year
Total ordering cost = D/Q × S
= ( $9,348 / 779 ) × $27
= $324
Total Holding cost = Q / 2 × H
= ( 779 / 2 ) × $4.68
= $1,822.86
Annual savings = Total holding cost - Total ordering cost
= $1,822.86 - $324
= $1,498.86
The firm would be saving $1,498.86 annually.
<span>Changes in taxes first cause changes in
disposable income, and thus the government tax multiplier is
smaller than the government spending multiplier.
Spending multiplier, which is also called fiscal multiplier shows or represent the multiple by which GDP increments or declines because of an expansion and reduction in government uses and venture.
</span>
Tax multiplier<span> refers to the
multiple by which GDP increments or declines because of an expansion and
reduction in taxes that are charged by governments.The two types of tax
multiplier are, simple tax multiplier and complex type multiplier.</span>
