Answer:
Built-in gains tax is $13,020
.
Explanation:
The built-in gains tax is one levied against an S corporation that used to be a C corporation, or received assets from a C corporation.
Here,
Gain= $80,000
Loss= $10,000
Holds= $8,000
Income= $65,000
Corporate tax= 21%
To calculate the built-in gains tax, we will need to calculate the net gain of the corporation and multiply it by the tax rate.
= Built-in-gain - built-in-loss - unexpired NOL
80,000 - 10,000 - 8,000 = 62,000
Then
62,000 x 0.21 tax rate = 13,020
= 13,020
Answer:
d. economic contraction
Explanation:
Contraction is in economics means it is business cycle phase where the overall economu should be fall. Also the contraction should arise when the cycle of the business is in peak but it should be prior to became as a trough
So at the time of economic contraction, the company normally took the measures of the cost cutting
So as per the given situation, the option d is correct
Answer: b. $8,518.9 billion.
Explanation:
Nominal GDP is calculated with current prices which means that the effects of inflation are present.
Real GDP removes this effect by basing the GDP calculation on the prices of a previous period:
Real GDP = Nominal GDP * 100/ Price level
= 8,800 * 100/ 103.3
= $8,518.877
= $8,518.9 billion
Answer:
Explanation:
Face value = 1000
market price = 1000
annual yield = 106
yield to maturity = (106/1000) x 100
= 10.6 % .
Based on the inflation rate and the fact that it is rising, the right recommendation would be to A. raise the reserve ratio.
<h3 /><h3>How can you decrease inflation?</h3>
Inflation can be reduced when the reserve ratio is raised because it will reduce the amount of money that banks have to loan out.
This means that there will be less money in the economy which will reduce inflation because less money means less demand for goods and services.
Find out more on effects of inflation at brainly.com/question/27889691.
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