The answer to the question above is a term called global digital divide.
Global digital divide refers to the global inequalities that occurred in the adoption of computing and information resources and opportunities that can be received from these resources between developing and well-developed countries.
An example of this would be internet speeds, which can vastly differ from one country to another – even the lowest package available in the U.S.A, for example, can be faster than the mid-tier package offered in Cambodia.
Answer:
Lia may deduct $110,000 and $135,000 of the net passive losses in 2017 and 2018 respectively.
Explanation:
2017 Passive Activity Limitations $190,000
Passive Income ($80,000) – loss allowed to the extent of passive income
Suspended Passive Activity Limitations $110,000
2018 Passive Activity Limitations $190,000
Passive Income ($55,000) – loss allowed to the extent of passive income
Suspended Passive Activity Limitations $135,000
$245,000 Suspended Passive Activity Limitations
Slow down the productivity of the workplace
Answer:
The correct option is B
Explanation:
According to income tax laws, an individual will pay mess capital gains tax when his basis in an asset is higher. From the example, John has a personal residence and to increase his basis, he needs to think of what to add to the residence such that the selling price would increase and thus capital gain tax will reduce. From the option, the best and likely thing that would increase the basis of his asset (the house) and lead to an increase selling price is adding a new garage.
Answer:
Cash sales = $233,200 × (100 ÷ 106)
= $220,000
Credit sales = $153,700 × (100 ÷ 106)
= $145,000
Sales tax revenue = ($220,000 + $145,000) × 6%
= $21,900
Therefore, the Journal is as follows:
Sales tax revenue A/c Dr. $21,900
To sales tax payable $21,900
(To record the sales tax payable)
