Answer:
d. $51,500
Explanation:
Proceed from sale of the bonds
face value x quote
50,000 x 103/100 = 51,500
The company will recognize a gain from the sale of 1,500 dollars as it sold the investment for 51,500 while it was valued at 50,000 in their books
Learning.
Or at least I believe so. Are there multiple choice?
Business firms that sell to retailers and other merchants, and/or to industrial, institutional, and commercial users-but which do not sell in large amounts to final consumers-are called wholesalers. These are businesses that would purchase product in very large amounts and sells them to other businesses or the retailers at a lower price whose target customers are the consumers.
Answer:
A. dividendsminus−received deduction.
Explanation:
This allows companies to avoid mostly third taxes on the same earnings.
It is explained to be a federal tax deduction in the U.S. that is given to certain corporations that get dividends from related entities. The amount of the dividend that a company can deduct from its income tax is tied to how much ownership the company has in the dividend-paying company. However, there are criteria that must be met in order to qualify for a DRD.
The dividends received deduction allows a company that receives a dividend from another company to deduct that dividend from its income and reduce its income tax accordingly.
Answer: Externalities occur when the actions of an individual or group spill over onto others, without their consent.
Explanation:
By definition, an Externality is the effect of an action by an individual or group that spills over onto third parties without their consent.
Externalities can be either negative or positive. A positive externality for instance would be bees from a bee farm pollinating flowers in the environment.
A negative externality would be air pollution from China for instance contributing to global warming effects experienced in Northern Africa.
