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2 years ago

Which of these people will be eligible for a tax deduction?

2 answers:

7 0

Interest from banks and dividends are both forms of income, which is taxed. But when you give to charities, you can actually *deduct* it from your taxes.
Let's say you have a stock that gives dividends. That means every month, or six months, etc (depending on the type of dividend) you get paid a certain amount. Sort of like a salary for having the stock.

"tax deductible" means that it can be *deducted* from your amount of taxes owed.

serg [7]2 years ago

6 0

i would say the answer has to be C.

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Explain how Nike came to that situation through its expansion strategy

sasho [114]

Answer:

Other than its superior products, it was able to expand thanks to its use of global marketing strategies to help expand its business globally and gain market share everywhere. Nike was able to use social media presence and strategic partnership and sponsorship to gain global consumers and market share

Explanation:

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8 0

1 year ago

Your financial analyst calculated the following ratios for three companies: Boeing Microsoft PG&E Cash ratio 0.15 0.1 0.1 Cu

MaRussiya [10]

Answer: Not necessarily: The debt ratios are not directly comparable, since each company is in a different industry.

Explanation:

We cannot authoritatively state that even though Boeing has such a high debt rate, that it is a riskier company than either Microsoft or PG&E. This is due to the drawback in ratio analysis of bias if compared across different industries.

Ratio analysis best works when comparing companies in the same industry because their situations will be similar. Comparing across industries can be misleading because different industries operate in different ways. In the Airplane manufacturing business for instance, having a high amount of debt due to having the tangible assets to back it up might be a normal thing.

The debt ratios are therefore not directly comparable because each company is in a different industry.

7 0

3 years ago

Frisco Company's Merchandise Inventory account at year-end has a balance of $62,115, but a physical count reveals that only $61,

Lisa [10]

Answer:

Increase on cost of goods sold by $215, decrease in merchandize by $215.

Explanation:

With regards to the above information, the cost of goods sold will increase by $215, while the merchandize value would also decrease by $215.

Here, the books will be even out so that it would show there was a shrinkage at year end and beyond that which was purchased to have taken place.

4 0

2 years ago

Regardless of income or wealth, setting aside some portion of current income regularly for future use helps in developing good _

sdas [7]

Regardless of income or wealth, setting aside some portion of current income regularly for future use helps develop good income savings.

Personal saving is the money left over after people spend their money and pay their taxes. The personal saving rate is the percentage of disposable income that people save. This rate is used to learn about Americans' financial health and to forecast consumer behaviour and economic growth. the average saving rate by income or wealth class The dotted line represents the frequently stated 4% number, which comprises the poorest 90% of income earners. The top 10% to top 1% of income earners save about 12%, which I find relatively low. Only the top 1% holds a fantastic 38%.

Learn more about Personal saving here:

brainly.com/question/3186765

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5 0

1 year ago

Park Co. is considering an investment that requires immediate payment of $27,000 and provides expected cash inflows of $9,000 an

Reil [10]

Answer:

IRR = 12.92%

Explanation:

The IRR is the discount rate that equates the present value of cash inflows to that of cash outflows. At the IRR, the Net Present Value (NPV) of a project is equal to zero

If the IRR greater than the required rate of return , we accept the project for implementation

If the IRR is less than that the required rate , we reject the project for implementation

A project that provides annual cash flows of $24,000 for 9 years costs $110,000 today. Under the IRR decision rule, is this a good project if the required return is 8 percent?

Lets Calculate the IRR

Step 1: Use the given discount rate of 10% and work out the NPV

NPV = 9000× (1-1.10^(-4)/0.1) - 27,000 =1528.78

Step 2 : Use discount rate of 20% and work out the NPV (20% is a trial figure)

NPV = 9000× 1- 1.20^(-4)/0.2 - 27000 = -3701.38

Step 3: calculate IRR

IRR = a% + ( NPVa/(NPVa + NPVb)× (b-a)%

IRR = 10% + 1528.78/(1528.78+3701.38)× (20-10)%= 0.12923

= 0.129230153 × 100

IRR = 12.92%

3 0

2 years ago