Answer and Explanation:
The computation of the amount considered as US sourced income is as follows;
= $5,000 × 10 days ÷ 20 days
= $2,500
The following are the requirement related to the fully exempt US source income is as follows:
1. The service should be perfomed by an United States NRA for 90 days or less
2. The compensation should not be more than $3,000
3. The service should be performed on behalf of
a. NRA, foreign corporation or partnership who not engaged in US trade
b. The office should be maintained in US by an individual who should be the citizen of US
So the same is not allowed for exemption
Answer:
a) $133,385
Explanation:
Present value is the sum of discounted cash flows.
Present value can be calculated using a financial calculator:
Present value each year from year 1 to 5 = $37,000
I = 12%
NPV = $133,385
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
The amortization schedule provides the data of equated monthly payments for which the classification of principal and interest along with unpaid principal balance is provided.
Explanation:
The true statement of amortization is that amortization schedule provides the data of equated monthly payments for which the classification of principal and interest along with unpaid principal balance is provided.
Answer:
The statement is: True.
Explanation:
According to the DuPont analysis, three factors are influencing the increase of the Return On Equity (ROE): <em>the efficiency of operations, the efficiency of the company's assets, </em>and <em>the financial leverage</em>. The DuPont analysis studies those three factors and how they help the ROE to increase or decrease.
