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Step2247 [10]
3 years ago
13

"Tourism sector has become a good source of earning foreign currency in Nepal"Justify this statement with examples

Business
2 answers:
zavuch27 [327]3 years ago
8 0

Answer:

Tourism has become one of the main income sources for many developing countries like Nepal. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes, and rich cultural and religious diversity.

Explanation:

olchik [2.2K]3 years ago
5 0

Explanation:

Tourism has become one of the main income sources for many developing countries like Nepal. Nepal has great potential to become a top destination for tourists as the nation is famous for its snowcapped mountains, abundant flora and fauna, exciting trekking routes and rich cultural and religious diversity.

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Tam attended Brown University during 2016–2020. She lived at home and was claimed by her parents as a dependent during her entir
MakcuM [25]

The amount of student loan interest that Tam and her spouse can deduct in 2021 is <u>$800</u>.

<h3>What is a qualified student loan?</h3>

A “qualified education loan” is student loan incurred for qualified higher education expenses. A private student loan is a student loan partially outside the cost of attendance to a particular educational institution.  Only qualified education loans attract deduction of interest from tax.

According to the IRS guidelines, the maximum qualified student loan interest for 2021 is $2,500.

<h3>Data and Calculations:</h3>

Tam's education expenses = $10,000

Scholarships = $2,000

Federal student loan = $6,000

Local lending institution = $4,000

Interest in 2021 on federal student loan = $600

Interest in 2021 on local lending = $400

The interest rate = 10% ($600/$6,000 x 100) or ($400/$4,000 x 100).

Non-qualified loan = $2,000 paid by scholarships

Interest on non-qualified loan = $200 ($2,000 x 10%)

Total deductible qualified student loan interest = $800 ($600 + $400 - $200)

Modified AGI with spouse = $132,000

Thus, the amount of student loan interest that Tam and her spouse can deduct in 2021 is <u>$800</u>.

Learn more about deductible student loan interest at brainly.com/question/12146314

5 0
2 years ago
Debt Collection Service enters into a contract to employ Emma as a billing manager for two years. During the first year, Emma is
Pie

Answer:

b. discharges the employer from the contract.

Explanation:

When an employee enters a contract with the employer there is an agreement that the employee will perform their duties effectively (in this case Emma as a billing manager) and the employer is obligated to pay her for services provided.

If Emma is failing to meet his obligations by being absent from work and even when present fails to adequately do her job, the employer is also discharged from his agreed duty on the contract.

Emma's actions discharges the employer from the contract.

4 0
3 years ago
Clarifying the issues of a problem is the _____ step in the problem solving process. first, second, sixth, or seventh
ololo11 [35]

The second step in the problem solving process is to clarify the issues of a problem.


Answer: The second step.

7 0
3 years ago
Read 2 more answers
Teal inc., a manufacturer of designer journals and notebooks, switched to using recycled paper to manufacture its products. it a
klemol [59]
I would say that the Teal company's practices are showing concern for the environment and sustainability because using re-cycled paper means less deforestation (ie logging for trees to make paper with) and reducing use of plastic means less use of fossil fuels used to make plastic.
4 0
3 years ago
Which option identifies the concept represented in the following scenario?
MArishka [77]

Answer:

dumping

Explanation:

Dumping in international trade refers to exporting goods to another country at a lower price than in the domestic market. A company or country involved in dumping may sell goods in a foreign country below the production cost. The objective is to gain market penetration and acquire a sizable market share in the targeted country.

Dumping enables customers in the importing country to buy goods at a lower price. However, it may kill local industries leading to the closure of businesses and layoffs.

7 0
3 years ago
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