Answer: A title and a hooking intro.
Explanation: For any writing no matter what it is you must always have a title and a good thesis/hook. If you do not have that it will be a very weak personal finance paper. Any paper you wrote or will write, would be bad without these topics. I hope that this is helpful to you. Have a good weekend!
Answer:
This would be the loss on paper only.
Explanation:
Given investment trading securities = $143000
During the current year, the loss experienced on investment = $7300
The tax rate = 33%
However, this loss that is reported as the part of other comprehensive income would be the loss on paper only because the actual loss can be seen when the stock is sold but this unrealized loss is on paper only so there will no effect of this loss in comprehensive income.
False.
It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.
Answer:
Separate legal entity and taxation process
Explanation:
In a corporation, unlike in other forms of business, the owners and business are treated separately under the law. This principle is referred to as separate legal entity concept.
So for any contracts or deals entered into by a corporation, the owners cannot be held personally liable or asked to make good the losses incurred due to entering into those contracts unless of course if owners acted with mala fide intentions to earn personal profits. In short, owners personal assets cannot be taken away.
Secondly, the taxation slab applicable to corporations is also different in the sense corporations pay taxes on dividend paid. Secondly, when such dividend forms part of the revenue of shareholders, tax is again paid on that dividend income, this time by the shareholder. So in a way, shareholders get taxed twice, since in the first case, the company paying dividend recovers the tax on dividend paid from shareholders. This is referred to double taxation.
<span>
In
order to clearly determine how Albert, Billy and Cathy share the profits and
losses of their partnerships, we can convert the ratios into fractions. We do
this by adding total ratio terms to get the whole. For example the total that
is derived from the ratio 1:4:3 is 1+4+3 which gives 8. Since we have been
given the profit that is to be shared between the three partners, all we have
to do is multiply the total profit ($30,000) by each person's fraction.
Albert's share of the profits is (1/8*30000) which gives $3750.</span>
