Tariffs. monopolies allow companys to set the price at whatever they want and they are illegal in the U.S exept in certain cases, patents cause one person or group to have compleate rights over their invention and keeping anyone from using it without having to pay them money. i have no idea what it means by protectives but finally tariffs are a tax on foreign good making it cheaper to by goods from in this case america
Answer:
Tax Savings = 200
Explanation:
If Ward and June carry the bond, tax would be:
⇒ Interests * tax rate
⇒ 1000 * 32% = 320
They gift bond to their son, Wally, whose tax would be:
⇒ Interests * tax rate
⇒ 1000 * 12% = 120
The tax savings related to the transfer of Bond is:
⇒ 320 - 120 = 200
Answer:
D) $14,000
Explanation:
Description Estimated life Cost Amortization per year
Sales office 10 years $47,000 $4,700
Warehouse 25 years $75,000 $7,500
Parking lot 15 years $18,000 $1,800
total $14,000
Even though the useful life or the warehouse and parking lot is longer than 10 years, since the lease contract is only for 10 years, then it must be depreciated in 10 years.
Once a company reaches 50 or more employees, and meets any of the below criteria, it has 120 days to create an Affirmative Action Plan. Every year the company remains larger than 50 employees and meets the federal contracts guidelines listed below, it is required to update the plan to track changes in employee population and employee transactions.
In some instances, companies are required to implement an Affirmative Action Plan without a direct government contract. If government contractors purchase at least $50,000 worth of goods to fulfill their obligations on a government contract, then the goods’ seller is also subject to the OFFCP’s laws.
A prime example is a hardware company which sells screws to a company that builds Navy submarines. Although there’s no direct contract with the government for the hardware company, accepting the order as part of a government contract makes it a bill of lading, and if it exceeds $50,000 total revenue on those deals, then both sides must comply with Affirmative Action law.
