Answer:
GDP per capita
Explanation:
GDP per capita of a nation represents the standard of living of an individual of that nation. Most of the bigger economies have largely focused on the GDP per capita rather than overall GDP of a nation.
GDP per capital is calculated as total GDP of a nation divided by the total population of that country.
If there is an increase in the GDP per capita of a country, this indicates that standard of living of each resident of that nation is improving which is a good indication for a country as a whole.
The answer to this question is a no-load fund.
No-load fund is a type of mutual fund where in the shares are being sold to buyers without sales charges or commissions. This type of mutual fund will give benefit to the investor. Another benefit of investing in a no-load mutual fund is that 100% of the money invested will go to the mutual fund. If you will be investing on a short term only this type of investment is OK.
Answer: Most tax breaks reduce taxable income, but reducing taxable income below zero does not reduce the tax bill.
Explanation:
Tax breaks can be used to reduce your taxable income sometimes all the way to zero. This however simply means that you don't have to pay income tax but does not mean that there won't be other taxes to pay.
Because of these additional taxes left to pay, a person will still pay certain taxes even if their taxable income is below zero. Tax expenditures therefore do not help much with a federal tax bill of zero.
Answer:
(a) $2.14 million; $3.45 million
(b) $1.3 million; $4.15 million
Explanation:
Given that,
(a) Book value of current assets = Net working capital + current liability
= $0.54 million + $1.6 million
= $2.14 million
Total book value of current and net fixed assets:
= Book value of current assets + Book value of net fixed assets
= $2.14 million + $3.45 million
= $5.59 million
(b) Market value of current assets:
= Cash value of all the current assets today
= $1.3 million
Market value of net fixed assets:
= Selling value of machinery today
= $4.15 million
Total market value:
= Market value of current assets + Market value of net fixed assets
= $1.3 million + $4.15 million
= $5.45 million