The reduced pre-tax rate of return on municipal bonds is an example of an explicit tax.
The problem is a false statement.
What is explicit tax?
The impact of taxes on an asset's price is known as an implicit tax. For instance, the price will increase to reflect the tax preference if an asset is tax-preferred. To avoid errors, one must explicitly consider implicit taxes.
Investors must pay the implicit taxes as a cost for preferred (explicit) tax treatment. Tax preferences are the variations between an investment's taxable income and financial accounting income before taxes. Tax preferences are referred to as a whole as tax subsidies.
Therefore,
The problem is a false statement.
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Answer:
There is no short answer.
Explanation:
For the first scenario, the group doing the influence is her sorority sister. The nature of the group is aspirational because she is helping her decide. The influence the group has is value expressive because even though Sue wanted an MP3 player, she ended up buying an iPod with video playing ability which was not what she wanted.
For the second scenario, the group doing the influence is the US army. The nature of the group is aspirational because he has a sticker on his car which means that he wants to be associated with the group and show his support. The influence the group has is utilitarian because it lines up with Bill's expectations.
For the third scenario, the group doing the influence is the brand because it affects Jane's behavior and choice of clothing. The nature of the group is aspirational because they want to interview her and offer her a job. The influence of the group is utilitarian because they are causing Jane to adjust herself to their expectations and values in order to get to job.
For the fourth scenario, the group doing the influence are the protesters on the campus. The nature of the group is dissociative because Bill clearly does not want to be associated with the group by wearing blue jeans. The influence of the group is informational because it challenges peoples beliefs and has the potential to change their minds.
I hope this answer helps.
Answer:
The total amount of stockholders' equity is: $10,000
Explanation:
The accounts and values included in stockholders' equity are:
- Common stock 4,000 (1)
- Paid in capital 4,000 (2)
- Treasury stock -1,000 (3)
- Retained earnings <u> 3,000 (4)</u>
Total stockholders' equity 10,000
1 - Nominal value of outstanding shares.
2- Difference between the price paid by stockholders when shares were issued and nominal value.
3- Shares recovered by the company.
4- Earning accumulated by the company.
Answer:
Option E is correct.
Explanation:
The product is homogeneous that is all firms would be selling identical products in the market which would held remove preference for local products.
Answer:
$18,000
Explanation:
The computation of the amount of manufacturing overhead is shown below:
But before that first determine the overhead rate which is
= $30,000 ÷ 2,000
= $15
Now the amount of manufacturing overhead applied for Job A-101 is
= $1,200 × $15
= $18,000
Hence, the amount of applied manufacturing overhead is $18,000