Answer:
B. $497,000
Explanation:
Consolidated Balance of Equipment
Excess value at the acquisition $110,000
($350,000-$240000)
Book value as on Dec 31 2018 of Ford $170,000
Book value as on Dec 31 2018 of Regent $250,000
Less: excess depreciation <u>-$33,000 </u> ($110,000/10*3)
Consolidated balance of equipment <u>$497,000</u>
The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.
<h3>What is Everyday Low Pricing?</h3>
Everyday Low Price (EDLP) is a pricing technique employed by merchants that guarantees customers the lowest prices in-store without the need to apply a coupon, wait for a sales event, or take any other steps to obtain an acceptable price on the goods they purchase. There are numerous companies that use an everyday low pricing strategy, including Wal-Mart, Amazon, Procter & Gamble, Winn-Dixie, and Trade Joe's. A survey indicates that 26% of American retailers use EDLP and 74% use high-low promotions.
You can reduce demand swings, prevent sales promotions, and improve your demand forecasting processes by using an everyday low pricing strategy. You can lower the price of your products using a cheap pricing plan to draw in more customers and boost sales.
Hence, The fundamental philosophy behind Everyday Low Pricing exists to decrease investment in promotion and transfer part of the savings to lower price.
To learn more about Everyday Low Pricing refer to:
brainly.com/question/13055094
#SPJ4
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
Answer: 16.53%
Explanation:
Given the following :
Annual percentage rate(r) = 15. 3% = 0.153
n = number of compounding periods in a year
p = number of compounding periods rate is required for
Number of days in a year = 365 = n
p = 365
Effective interest rate (E) is given as :
E = [( 1 + (r / n) )^p] - 1
E = [(1 + (0.153 / 365)) ^365] - 1
E = [ (1 + 0.0004191) ^365] - 1
E = [1.0004191^365] - 1
E = 1.1652876 - 1
E = 0.1652876
Effective Interest rate = (0.1652876 × 100)%
Effective interest rate = 16.53%
