True, profits of a large corporation are taxed twice, once a corporate income and again as personal income of stockholders. This is because the corporation is taxed when they earn the profit but then the stockholders are taxed as it is paid out as income/earnings.
Answer:
$3,750
Explanation:
Cost of patent $45,000
Useful Life 12
Amortization Expense for 2nd year =$3,750 (45,000/12)
Amortization Expense-Patent Dr.$3,750
Accumulated Amortization-Patent Cr.$3,750
Answer: SHE IS A GLOBAL BUSINESS SAVVY
Explanation: Anna preston has adequate and knowledge driven understanding of local and international business environment which has can help to enhance the organisational growth and excellent performance.
Transfer payments are not included in the GDP calculation because they are transfers of income within one organization or group to group. Transfer payments are not used to purchase a good or service. Examples of transfer payments are social security, students grants, unemployment pay and others.
Answer:
FV= $198,456.07
Explanation:
Giving the following information:
Annual deposit= $20,000
Interest rate= 8%
Number of periods= 8 years
<u>To calculate the future value after the last deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {20,000*[(1.08^7) - 1]} / 0.08 + 20,000
FV= 178,456.07 + 20,000
FV= $198,456.07
