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Assoli18 [71]
3 years ago
13

Which statement best describes the u.s. framework for taxing multinational transactions? the u.s. government applies source-base

d taxation to income earned by u.s. and non-u.s. persons. the u.s. government applies residence-based taxation to income earned by u.s. and non-u.s. persons. the u.s. government applies residence-based taxation to income earned by u.s. persons and source-based taxation to income earned by non-u.s. persons. the u.s. government applies source-based taxation to income earned by u.s. persons and residence-based taxation to income earned by non-u.s. persons?
Business
1 answer:
lyudmila [28]3 years ago
3 0

Most likely it is:the u.s. government applies source-based taxation to income earned by u.s. persons and residence-based taxation to income earned by non-u.s. person/ persons
Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
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ratelena [41]
Don't trust those link my guy
6 0
3 years ago
Thailand wants to increase its trade and economic integration with Cambodia. Which trading alliance will be the most useful in a
Zigmanuir [339]

ASEAN is the trading alliance that will be the most useful in achieving this goal.

<h3>What is ASEAN ?</h3>

The Association of Southeast Asian Nations (ASEAN) is an international organization whose primary goal is to promote economic growth and regional stability among its members.

Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Laos, Myanmar, Cambodia, and Vietnam are the current members.

<h3>What is ASEAN doing right now?</h3>

ASEAN's mission is to foster collaboration and cooperation among member countries while also advancing the region's overall interests, including economic and trade growth. It has negotiated a free trade deal among member nations as well as with other countries like China, and it has made it easier for residents of member countries to travel around the area.

It formed the ASEAN Economic Community (AEC) in 2015, marking a significant step forward in the organization's regional economic unification objective. The AEC sees the area as a single market with a free flow of commodities, services, investments, and skilled labor, as well as an independent movement of money.

Therefore, ASEAN is the trading alliance that will be able to help in achieving Thailand this goal.

For more information on ASEAN, refer to the given link:

brainly.com/question/25170760

#SPJ4

8 0
2 years ago
A firm has a debt-equity ratio of .62, a total asset turnover of 1.24, and a profit margin of 5.1 percent. The total equity is $
jekas [21]

The amount of net income is $50,158.93.

Given:

Debt ratio = 62%

Asset turnover = 1.24

Profit margin = 5.1%

Total equity = $489,600

Find the Total Debt:

Debt = debt ratio × total equity

Debt = 0.62 * 489,600

Debt = $303,552

Find the Total Assets:

Total assets = Total debt + Total equity

Total assets = $303,552 + $489,600

Total assets =  $793,152.

Find Total Turnover:

Turnover = Total assets * Total asset turnover ratio

= $793,152. * 1.24

= $983,508.48

Now find the amount of Net Income:

Net Income = Turnover * Profit margin

Net Income = $983,508.48 * 5.1%

= $50,158.93

The amount of net income is $50,158.93.

Learn more about Net Income on:

brainly.com/question/15530787

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8 0
2 years ago
Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $30 per pound and costs $28 pe
ahrayia [7]

Answer:

$31 per pound

Explanation:

Since the company wants to process further the product B to Product C, the additional cost to process will be the differential cost. We know that the differential cost is the difference between the two alternative outputs' prices. When there is more than one option to make a choice, the differential cost plays a vital role.

In this case, the selling price will not affect whether to process or not. However, the differential cost of producing the new product is $31/pound, as it requires an additional cost.

7 0
3 years ago
Below are the account balances for Huffman Corporation at the end of December. Accounts Balances Cash $ 4,200 Salaries expense 3
Lena [83]

Answer:

Huffman Corporation

Income Statement for the year end December 31, xxxx

Service revenue                        $13,900

Less: Expenses

Salaries expense        $3,100

Advertising expense  <u>$700  </u>

Total Expenses                         <u>($3,800)</u>

Net Income                                <u>$10,100</u>

Explanation:

Following account are the balance sheet accounts, so these are not used in the preparation of income statement.

Retained earnings 3,700

Cash $ 4,200

Equipment 10,700

Common stock 7,900

Accounts payable 2,250

5 0
3 years ago
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