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4 years ago

NAFTA eventually eliminates all tariffs on goods produced and traded between the United States, Mexico, and Brazil. True False

Business

1 answer:

Nata [24]4 years ago

7 0

Answer:

The statement is: False.

Explanation:

The North American Free Trade Agreement (NAFTA) is a treaty signed by Canada, Mexico, and the United States to create a free-trade area between those regions. Besides eliminating tariffs on imports and exports between the three countries, thanks to the NAFTA procedures to resolve trade disputes can be established. Also, according to the NAFTA, the three countries must respect the patents trademarks and copyrights of each of them.

Brazil does not belong to this bloc.

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Nichols Enterprises has an investment in 26,000 bonds of Elliott Electronics that Nichols accounts for as a security available f

Crazy boy [7]

Answer:

$ 364,000

Explanation:

Given;

The number of bonds in which investment is made = 26000

Quote price of the bond = $ 14 per bond

Actual price of the bond = $ 24

Now,

the investment amount is carried out using the quote price of the bonds in the balance sheet

therefore,

Nichols should carry the Elliott investment on its balance sheet as :

= number of bonds invested × quote price of the bond

= 26000 × $ 14

= $ 364,000

4 0

3 years ago

Nancy sold her personal residence on June 30 of this year under an agreement in which the real estate taxes were not prorated be

meriva

Incomplete question. Here's the full question:

Nancy paid the following taxes during the year:

Tax on residence (for the period from March 1 through August 31) =$5,250

State motor vehicle tax (based on the value of the personal use automobile) =$430

State sales tax =$3,500

State income tax =$3,050

Nancy sold her personal residence on June 30 of this year under an agreement in which the real estate taxes were not prorated between the buyer and the seller. What amount qualifies as a deduction from AGI for Nancy? a. $9,180b. $9,130c. $7,382d. $5,382 e. None of the above

Answer:

c. $7,328

Explanation:

Remember, Nancy transferred ownership of her personal residence on June 30, but she received tax on residence for 2 extra months (July and August).

The amount that qualifies for tax deduction therefore is;

121 days (Four months of her stay) / 184 days (six months period) × $5,250

$430

$3,500] = $7,382.

She likely deducts from the state sales tax with a higher amount than from the state income tax.

4 0

3 years ago

Help me please!!!! I need your help and answer this question fully by paying attention to the question asked.

Harman [31]

Change what I write. Your teacher knows your style.

One
People,especially teens, deal with this problem all the time. They may be poor and have to deal with clothing or even cleanliness issues. Who can afford 80 dollar designer jeans? Not everyone. Who can pay attention to makeup when you've had 3 meals in 3 days? That has to affect the way you look at the world. Even if money is not an issue, class is. There are always kids who pick on others because they can't fit in. If a person is lucky, their response is sports or something else that they excel at.

Two
Everyone experiences stress. Money, exams, dates for important events, clothes, acceptance, parents (if you're a teen), teens (if you are a parent), using the family car responsibly can all contribute to stress. People under severe stress respond differently. Some become short tempered. Some become lethargic. Some turn to drugs which have their own set of symptoms, depending on the drug. One thing is for sure: people on drugs change dramatically. It's unmistakable.

Four
Well this is pretty personal, especially if you've written on it before. A great coping mechanism is prayer for some people. It really doesn't matter who hears you, or what you say or how you say it. It only matters that you stay still and do it. The main thing is to try and shut yourself down while the stress is at it's highest point. Many older people are really stressed out by health. That especially requires quite times. Stop worrying is another way of coping. Most of the time worry does no good at all. Things causing stress will go away or they won't. Worry isn't going to bring things about any quicker or better.

7 0

3 years ago

Georgia, a widow, has take-home pay of $600 a week from her part-time job. Her disability insurance coverage replaces 70 percent

MariettaO [177]

Answer:

Disability benefit = $5,040

Explanation:

Given:

Pay off per week = $600

Insurance coverage = 70 percent = 0.70

Waiting period = 4 week

Computation of disability benefits:

Disability benefit = Per Week benefit × Total Number of Covered weeks

= (Insurance coverage × Pay off per week) × (off work - Waiting period)

= (0.70 × $600) × (16 - 4)

= $420 × 12

= $5,040

4 0

3 years ago

Jason and Mary are married taxpayers in 2019. They are both under age 65 and in good health. For 2019 they have a total of $41,0

Elis [28]

Answer:

a. Adjusted Gross income is calculated as;

= Wages + Interest - Deduction

= 41,000 + 700 - 5,000

= $36,700

b. The couple will pick their Standard deduction in 2019 because its more than the itemized deduction.

Standard deduction for couples in 2019 = $24,400

c. I assume you mean their 2019 taxable income which is;

= Adjusted Gross income - Standard deduction

= 36,700 - 24,400

= $12,300

Note; As of 2018 there are no more personal deductions.

7 0

3 years ago