Answer:
Countries in the modern age stay poor because they do not have the privilege of having a country that cares about its people. Typically these countries have been involved in some sort of conflict with other nations or with themselves. A country like Mozambique would be considered poor because their political leaders during the age of the soviet union thought all the money would be in Communism which turned out to not be true.
Explanation:
Based on the information given, it should be noted that all proceeds are income tax free in the year that they're received.
<h3>
What is tax?</h3>
A tax simply means a compulsory levy that's paid by the people or companies to the government. It's important to achieve economic development.
For federal tax purposes regarding lump-sum life insurance benefits, it should be noted that all proceeds are income tax free in the year that they're received.
Learn more about tax on:
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Answer:
option (A) $12.00
Explanation:
Data provided:
Quick-Disk Mart purchase tapes from Video Images at price = $3.00 per DVD
Number of packages shipped = 20
Returns earned = 20% of the cash investments
Now,
the total investment per package = $3.00 × 20 = $60.00
Thus,
the return on investment per package
= 0.20 × total investment per package
or
the return on investment per package = 0.20 × $60.00
or
the the return on investment per package = $12.00
Hence, the correct answer is option (A) $12.00
Answer:
Please consider the following calculations
Explanation:
Expected cash collection during august =
(70000*68%+75000*20%+69000*10%) = 69.500
Expected cash disbursement during august = (53000*98%++14400) = 66.340
Expected cash balance on august 31 = (32000+69500-66340) = 35.160
