Because people who are earning a low income still have to pay the same amount as people who are recieving a high income
Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Answer:
Keeping its interest rates low
Explanation:
Interest rates correlate with the exchange rate of a country. Low-interest rates are unattractive to foreign investors. Investors associate low-interest rates with reduced returns. In the foreign exchange market, the demand for such a country's currency will below, resulting in a lower exchange rate against other currencies.
If a country has low-interest rates, its currency will be in low demand, meaning its strength will be relatively weaker against the US dollar. One dollar will be able to buy a large quantity of goods and services from such a country. In other words, that country's exports will be cheaper in the USA.
Answer:
option (b) $4,200 gain
Explanation:
Data provided in the question:
Par value of outstanding bonds = $119,000
Carrying value of the bonds = $108,700
Price at which bond is called = $104,500
Now,
Gain on the retirement is calculated using the relation as;
Gain on retirement
= Carrying value of Bonds - Price at which bond is called
= $108,700 - $104,500
= $4,200
Since, the result is positive, therefore a gain will be recognized
Hence, correct answer is option (b) $4,200 gain
<span>Salary is the correct answer. </span>
