A tariff is a type of trade penalty imposed on one or more countries by one or more other countries.
Answer:
$3,800
Explanation:
Miles Cyrus bought the truck for $1,000 and then sold it for $5,000:
The selling price of the truck is = $5,000
The cost basis of the truck is = ($1,000)
Net capital gain is = $4,000
capital gains taxes is $4,000 x 30% = $1,200
The terminal year future cash flow is = $5,000 - $1,200 = $3,800
<u>Answer: </u>Option D
<u>Explanation:</u>
When the government tries to reduce the production or consumption of certain goods taxes can help the government to perform this action. Taxes alter the resource allocation by giving disincentives for production, consumption or exchange of these goods. Consumer decisions on savings and retirements can be controlled through taxes. Through affecting their decisions, their behavior to take actions based on the decision can also be changed.
By keeping a check on the incentives of the people through taxes the demand and supply can be decreased. This further decreases the productivity of the country.
Answer:
They have access to enough capital to operate in high cost industries
Explanation:
Answer:
At the end of the first year, Borge should report unamortized bond discount of a. $169,470.
Explanation:
Solution:
Interest amount =
($2,817,000 * 0.09) - ($3,000,000 * 0.08)
=$13,530
Bond Disc. Amount; ($3,000,000 - $2,817,000) - $13,530
= $183,000 - $13,530
= $169,470
