Answer:
Ans. c) Income tax rate must be 23%
Explanation:
Hi, the total income of Thailand´s workforce is:
Since Thailand´s government needs to raise $70,000,000,000, the tax rate has to be:
So Thailand´s tax rate must be: c. 23%
Best of luck.
Price is the value that is put into a product or service As a result of lots of calculations, research, understanding, and risk-taking. A pricing strategy, on the other hand, is the smart way a company makes in order to target and attract customers. There are four pricing strategies:
<span>1. </span>Premium pricing
<span>2. </span>Penetration pricing
<span>3. </span>Economy pricing and
<span>4. </span>Skimming pricing
Premium pricing and skimming strategy both use a high price while penetration pricing and economy pricing use a low price. <span>
<span>When Dillard company reduced the price of children’s Levis from $31.99 to $24.99, the used the penetration pricing. And when the manager of Jenney instructed his staff to do the same, he used the penetration pricing strategy also to attract customers. </span></span>
Answer:
A.
Explanation:
The cost principle means that in accounting, any transaction is recorded at the historical purchase price.
A fair value is the amount at which an asset could be exchanged in an arm´s length transaction between knowledgeable and willing parties.
Revaluation of fixed assets is not allowed for GAAP.
An appreciated value is an increase in the value of an asset over time.
A market value is the price at which a product or service could be sold in a competitive, open market.
<span>The owners of a corporation don't have to work together to make all of the business decisions.
</span>An advantage of corporations enjoy over partnerships is that the owners of a corporation don't have to work together to make all of the business decisions, while this is true for partnership. Partnership<span> generally has more money to invest in starting or expanding a business.</span>
Answer:
This distribution is not taxable since Raoul is not earning any money at all (dividend income = $0), but the tax basis on the stocks that he holds will vary.
Before the distribution, Raoul had 310 shares, each share with a $60 tax basis. After the distribution, Raoul will have 465 shares, each share with a $40 tax basis.
