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geniusboy [140]
3 years ago
5

How does income get taxed twice in the case of a corporation?

Business
1 answer:
astra-53 [7]3 years ago
8 0

Answer:  Double taxation occurs when a corporation pays the corporate tax rate on earnings or profits, then pays dividends from those profits to shareholders who are again taxed on the money at their personal rates.

Explanation:

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Which of the following statements is true regarding team composition?A) A team's performance is merely the summation of its indi
son4ous [18]

Answer: A

Explanation: Working in teams increases collaboration and allows brainstorming. As a result, more ideas are developed and productivity improves. Two or more people are always better than one for solving problems, finishing off difficult tasks and increasing creativity.Performance is merely the summation of each group member's individual contribution.The collective efforts of the members results in a level of performance greater than the sum of the individual parts .

4 0
3 years ago
Read 2 more answers
Coronado Industries sells one product and uses a perpetual inventory system. The beginning inventory consisted of 77 units that
soldi70 [24.7K]

Answer:

$6745

Explanation:

Given: Beginning inventory is 77 units at the cost of $19 per unit.

            Purchased inventory is 476 units at $19 per unit.

            Sales during the month is 355 units at $45 per unit.

Now, let´s find the cost of goods sold using LIFO method.

We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.

As sales unit is 355 units.

Let´s take units from recent purchased inventory.

Cost of good sold= 355\ units\times 19= \$ 6745

Hence, the cost of goods sold using the LIFO method is $6745.

7 0
3 years ago
Thatcher Corporation's bonds will mature in 12 years. The bonds have a face value of $1,000 and an 11.5% coupon rate, paid semia
jekas [21]

Answer:

IRR = 10.75%

Explanation:

The yield to maturity will be the rate at which the present value of the coupon payment and the maturity equals the market price.

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 57.50

time 24

57.5 \times \frac{1-(1+r)^{-24} }{r} = PV\\

PVc

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity   1,000.00

time   24.00

 PVm

\frac{1000}{(1 +r)^{24} } = PV  

PV c $765.3158

PV m  $284.6842

Total $1,050.0000

rate ?

The only way to solve this equation is with trial and error. Because of technological advance we can do it using excel goal seek.

we write the formula for the PV of an ordinary annuity

and the formula for a lump sum

below them we add them both together

then we define a cell for the rate

and we determinate that we want the cell which contain the sum to match 1,050 changing the rate cell

this will give us an IRR of 0.10749 = 10.75%

5 0
3 years ago
Suppose you have a 1-year horizon and purchase a 5-year (annual) coupon bond. If the price of the bond on the horizon date is th
Anni [7]

Answer:

the bond's current yield.

Explanation:

When the price of the bond is equal to the initial price paid for the bond, the current yield rate of the bond is equal to the ROR of the bond. If there is the market price of the bond is the same as the initial issuance value of the bond the investors of the bond do not gain or lose anything from this bond from the change in price in the time period between the issuance of the bond and Purchasing date of the bond.

Current Yield = Annual Coupon payment / Market price of the bond

The bond yield will remain the same when the selling price of the bond and the issuance price of the bond remain the same. As the coupon payment is fixed every time.

4 0
3 years ago
When the economy is experiencing an expansionan expansion automatic stabilizers will​ cause:
just olya [345]
<span>When the economy is experiencing an expansion automatic stabilizers will​ cause transfer payments to decrease and tax revenues to decrease.  A transfer payment is a payment that is made but no goods or services are being paid for. Automatic stabilizers are policies and programs set up in the economy to offset the up and down of an economy to keep the government out of the situation on a daily basis. 


</span>
5 0
3 years ago
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