Answer:
A taxpayer may be acceptable to insist on a foreign tax credit on taxes given to a foreign nation on income that holds <u>$3,000</u>.
Explanation:
The foreign tax credit signifies a tax break implemented through specific government to decrease some tax burden of genuine taxpayers. A tax credit is implemented on the price of tax owed by the taxpayer subsequent total reductions are done from his rather her chargeable assets, moreover, it decreases the entire tax invoice of a person dollar to dollar. If a person owes <u>$3,000</u> to the ministry and is acceptable concerning a $1,100 tax credit, man will just have to repay $1,900 subsequent the assets is implemented.
Answer:
Ronald basketball star and Rawlings engaged in investment spending.
Rupert money buckets and Russia engaged in investing in financial assets
Rhonda moviestar invested in physical assets.
Explanation:
Each investments by these entities have been grouped under 1, 2 and 3.
1. Investment Spending
- Ronald Basketballstar spends $10 million to build a new mansion with a view of the Pacific Ocean
- Rawlings builds a new plant to make catcher’s mitts
2. Investing in Financial Assets
- Rupert Moneybuckets buys 100 shares of existing Coca-Cola stock
- Russia buys $100 million in U.S. government bonds
3. Investing in Physical Assets
- Rhonda Moviestar spends $10 million to buy a mansion built in the 1970s.
Answer:
B - Extrapolate
Explanation:
Extrapolate means to extend the application of (a method or conclusion, especially one based on statistics) to an unknown situation by assuming that existing trends will continue or similar methods will be applicable.
A. Knowing how to prioritize
