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U.S. membership in the World Trade Organization had this effect:
It has resulted in a steady growth in international trade.
A downside of this is that the trend toward outsourcing is gaining ground. Companies prefer to outsource labor because cost of outsourced labor is cheaper than domestic labor. This is good for the companies because their costs decrease. However, domestic employees are becoming jobless. They find it hard to compete with foreign laborers. Thus unemployment rate increases.
$4099 is the amount, Jennifer must include in her gross income for federal income tax purposes.
<h3>What is the difference between income and gross income?</h3>
The amount of money earned in a fiscal year before taxes are referred to as annual gross income. The sum of cash you earn in a fiscal year after certain deductions is your annual net income.
Given
Capital Gain = $4000
Interest earned = $99
Required to calculate Gross income for tax purposes =?
Gross income for tax purpose = $4000 + $99 = $4099
Employee's gross pay is what they earn before taxes, benefits, and other payroll deductions are deducted from their pay. Net pay, also known as take-home pay, is the amount left over after all withholdings are deducted. Their gross income for Jennifer includes capital gain and interest she earned on it.
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The primary goal of a publicly owned firm interested in serving its stakeholders would be to Maximize the stock price per share.
<h3>How a stock price is maximized</h3>
The faster this firm grows, the more people would want to invest and buy its stock. This would cause them to pay higher.
As the supply of this stock stays constant due to the increased demand it has, the price of the stock would increase.
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Answer: $42,400
Explanation:
The family currently spends $40,000 on living expenses.
Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.
They will therefore be spending;
= 40,000 * (1 + 6%)
= $42,400
