Answer:
$18.4
Explanation:
Data provided in the question:
Maximum value on which there is no tax = $500
Tax paid on the portion of the total value in excess of $500 = 8% = 0.08
Total value of the goods imported by the returning tourist = $730
Now,
The excess amount of portion on which the tax will be charged
= Total value of the goods imported - Maximum value on which there is no tax
= $730 - $500
= $230
Therefore,
@8% tax rate
Total tax that must be paid on excess portion i.e $230
= $230 × 8%
= $230 × 0.08
= $18.4
Answer:
$5,082
Explanation:
Calculation of the balance in Kent's deferred tax liability account as of December 31, 2021
Using this formula
Deferred tax liability balance =Cumulative future taxable amounts*Enacted tax rate
Where,
2021 Cumulative future taxable amounts =$24,200
Enacted tax rate=21%
Let plug in the formula
Deferred tax liability balance =$24,200*21%
Deferred tax liability balance =$5,082
Therefore the balance in Kent's deferred tax liability account as of December 31, 2021 will be $5,082
Answer:
A warranty is a written promise by a company that, if you find a fault in something they have sold you within a certain time, they will repair it or replace it free of charge.
The behavior of having to eat the entire box of cookies
before attending the weight watchers meeting is an example of having the
feeling of overwhelmed by obligations that the person would likely execute
conflict. It is seen above as because the person has the obligation of having
to have his or her weight to be monitored, he or she has felt the need or urge
of having to do some things that he or she wasn't able to do because of it,
that is why he or she has arise in the conflict of having to do something that
he or she wasn't supposed to do such as eating the box of cookies.
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