Answer:
c. Are the excess of the book value over the cash proceeds.
Explanation:
The property, plant, and equipment are classified as the fixed assets which are reported in the asset side of the balance sheet
If the cash sales of property, plant, and equipment are sold more than the book value then it would be the gain.
But if the cash sales of property, plant, and equipment is sold less than the book value than it would be the loss to the company.
Answer:
C
Explanation:
A rain barrel is a container that captures and stores rainwater for landscape and garden use during dry periods. Rain barrels provide an external benefit to the community through water conservation. If the government offers a per unit subsidy on rain barrels equal to the per-unit externality, then the after-subsidy equilibrium quantity of rain barrels will be more than the socially optimal quantity of rain barrels.
Answer:
3. Fisher effect
Explanation:
According to the Fisher Effect the real interest rate equals the Nominal Interest rate minus the expected Inflation rate. For example if they say you will have 5% as the Nominal Interest rate per year and in that year the expected Inflation rate is 3%, the Real interest rate will be 2% at the and of that year
Answer:
34
Explanation:
Annual demand D = 4,200 bags
Ordering cost S = $10.70
Holding cost H = $76
Economic order quantity =
Economic order quantity =
Economic order quantity =
Economic order quantity =
Economic order quantity = 34.389388
Economic order quantity = 34
The reason this credit is not allowed is because: A. If the other state allows California residents a credit for net income taxes paid to California
The types of tax.
In Economics, there are different types of tax and these include the following:
- Gift tax
- Excise tax
- Alcohol tax
- Income tax
- Estate tax
- Employment tax
- Net income tax
<h3>What is net income tax?</h3>
Net income tax can be defined as a type of tax which grants either deductions or exemptions from an employee's gross income. Additionally, a net income tax is a system of taxation which is designed and developed to assess taxes on the basis of gross income, gross dividends or gross receipts.
In conclusion, it is a fact that any form of deductions or exemptions that doesn't qualify for a credit is not considered as a net income tax in California and every other part of the world.
Read more on income taxes here: brainly.com/question/27008617
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Complete Question:
California residents are allowed a credit for net income taxes paid to another State on income also subject to the California income tax. However, the credit is not allowed for which of the following reasons?
A. If the other state allows California residents a credit for net income taxes paid to California
B. If the income taxed by the other state has a source within the other state under California law
C. If such states do not allow their residents a credit for net income taxes paid to California
D. The amount of the credit is greater than the same proportion of the total California tax as the income taxed by both states bears to the total income taxed by California