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sveticcg [70]
3 years ago
8

Which of the following statements regarding tax credits is true?

Business
1 answer:
frutty [35]3 years ago
7 0

The following statements regarding tax credits states that the deductions from a taxpayer's tax liability directly reduces the person's taxes due is true.

Explanation:

Tax credit is a amount of money that taxpayer's can subtract from taxes to be paid to the government. They reduce the taxable income and reduces the actual amount of taxes provided.

There are three basic types of tax credits they are non-refundable, refundable and partially refundable.

Earned income tax credit, Child tax credit are some examples of tax credits.

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Identify cash equivalents from the listed items. (You may select more than one answer. Single click the box with the question ma
FromTheMoon [43]

Answer:

These two are cash equivalents:

Money market funds

Three-month Treasury bills

Because they represent short-term investments that a company makes with the goal of getting rid of any excess cash that would otherwise be left unused while it is losing value because of inflation.

In other words, the main goal of investments in money market funds and three-month treasury bills, is to prevent cash from losing value due to inflation, and because of that, those investments are considered cash equivalents.

3 0
3 years ago
Read 2 more answers
Assume that initially a country has a loanable funds supply curve of S1. Now, imagine that interest rates across the country inc
Rom4ik [11]

Answer:

The loanable funds supply curve (S1) will not shift.

Explanation:

When the interest rates change, it is similar to a change in the price of a good. In this case the good is money and the interest rate is its price. A change in the price of a good will result in a change of the quantity supplied along the supply curve, but it will not shift the entire curve, therefore the curve S1 remains the same.

3 0
3 years ago
Tesla wanted to break into the electric vehicle (EV) marketplace with a luxury sports model. At that time, economic value was mo
andreev551 [17]

Answer:

B. attribute

Explanation:

Tesla used the attribute base to position itself in the market

8 0
3 years ago
Define cash flow..............................
Y_Kistochka [10]
The total amount of money being transferred into and out of a business
5 0
3 years ago
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The common stock of Detroit Engines has a beta of 1.34 and a standard deviation of 11.4 percent. The market rate of return is 11
stealth61 [152]

Answer:

The firm's cost of equity is C. 14.05 percent

Explanation:

Hi, we need to use the following formula in order to find the cost of equity of this firm.

r(e)=rf+beta(rm-rf)

Where:

r(e) = Cost of equity

rf = risk free rate

rm = Market rate of return

Everything should look like this.

r(e)=0.04+1.34(0.115-0.04)=0.1405

So, this firm´s cost of equity is 14.05%

Best of luck

6 0
3 years ago
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