Answer:
D) Both A. and B. are true.
- A) The schedule provides no information as to whether Jurisdiction M's tax is horizontally equitable.
- B) Jurisdiction M's tax is vertically equitable.
Explanation:
When we are talking about horizontal equity of a tax, we are talking about how the tax base is measured and the ability that taxpayers have to pay the tax. There is nothing here about tax base or taxpayers' ability to pay.
On the other hand, vertical equity deals with the tax rate structure. In this case, the tax rate is progressive, meaning that it increases as the taxpayers' income increases. Progressive taxes are vertically equitable.
<span>This is an example of industry competition. Industry competition is a rivalry between companies in the same market who offer similar products or services. These industries compete for potential customer's money and use a variety of means to make sure they are the one a consumer chooses to do business with. They can use advertising to try and attract consumers or offer lower prices, but the most important thing is to provide a good product or service.</span>
Answer:
the stock value per share is $42.86
Explanation:
The computation of the stock value per share is shown below
But before that firm value is
= ($150,000,000) ÷ (12% - 5%)
= $2,142,857,142.86
Now the stock value per share is
= Firm value ÷ number of shares of stock outstanding
= $2,142,857,142.86 ÷ 50,000,000
= $42.86 per share
Hence, the stock value per share is $42.86
Answer and Explanation:
The computation of the ending inventory for the year 2021, 2022 and 2023 is shown in the attachment below
It is to be divided into two parts
1. Inventory converted to the base year in which the base year is considered by taking the cost index
2. Inventory converted to cash in which the inventory converted to the base year, cost index is considered so that the inventory converted to cash could come plus the value of the inventory using the LIFO method also comes
Answer:
The correct word for the blank spaces are: code of ethics.
Explanation:
The company's Code of Ethics represents the moral values a firm expects its employees to perform in their day-to-day activities. Usually written in a book, the Code of Ethics represents the core of the corporate culture of an organization which is the institution's spirit and differentiates it from competitors.
The Code of Ethics establishes guidelines for the behavior of workers within the workplace avoiding major issues that could harm the operations of the entity such as fraud.
