Answer:
No, a reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer.
Explanation:
Based on the information provided it can be said that No, a reversal of a ruling shall not be given a retroactive application if it will be prejudicial to the taxpayer. Meaning that the BIR can not assess ABC Printers for back taxes because ABC Printers was following the rulings made by BIR at that time correctly, the change in ruling applies to taxes only after the change has been made and not before. Therefore as long as ABC Printers begins paying taxes now, then the BIR has no standing.
Answer:
The correct answer is: choosing output level where price equals marginal cost.
Explanation:
Since the market for wheat is competitive, the farmers cannot determine the price on their own, they have to take whatever price is determined by the market forces.
In a perfectly competitive market, the seller will be able to maximize profit at the point of output where the price of the product is equal to the marginal cost of production of the last unit of output.
So the wheat farmer will maximize its profit by choosing output where the price of wheat equals the marginal cost of producing the last unit of wheat.
<u>Noncumulative voting</u><u> is a system in which each </u><u>shareholder </u><u>votes the number of shares he or she owns on candidates for each of the positions open.</u>
What is statutory voting?
- A procedure for choosing a corporation's board of directors.
- With this procedure, each shareholder is given one vote, which they can use to choose one of the directorships.
What is a shareholder quorum ?
the bare minimum of shareholders or directors necessary for action to be taken. Proxy.
What type of voting is it when the total number of votes is the maximum that may be voted for each available seat on the board?
- A voting system known as cumulative voting aids in enhancing the power of minority shareholders to choose directors.
- When the company has multiple openings on its board, this method enables shareholders to cast all of their votes for a single candidate.
Learn more about Noncumulative voting
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Selecting the pricing objective