Answer: i. €0.11
ii. €1.08
Explanation:
i. If we get 1 krona for every $0.13 then how many krona do we get per dollar?
= 1/0.13
= 7.69 Krona is to $1
If $1 is 7.69 Krona and $1 is also €0.85 then that means that,
€ 0.85 = 7.69 Krona
So for each Krona exchanged, we get how many Euro,
= 0.85/7.69
= 0.11
For each Krona exchanged, we get €0.11
ii. Following the example of the first question,
if £1 is to $1.12 then how many pounds are a dollar?
= 1/1.12
= 0.89
£0.89 is equal to a dollar.
if €1 is to $1.04 then how many euros are a dollar?
= 1/1.04
= 0.96
€0.96 are equal to a dollar.
This means that,
£0.89 = €0.96
So for every British Pound exchanged we get how many Euros?
= 0.96/0.89
= 1.078
= €1.08
For every British pound Exchanged, we get €1.08
Answer:
c. Risk is higher if a company has more assets.
Explanation:
Financial leverage is the measurement of risk based on the debt of the company. More liabilities involves high risk because company does not have enough to pay for the it's liabilities. If company has more assets then the risk if lower because company is able to pay its liabilities from its assets. The statement " Risk is higher if a company has more assets" is incorrect.
Answer: Foreign neutrality
Explanation:
According to the given scenario, the Foreign neutrality tax policy is one of the concept that is specifically used by the Toyota motor company for operating various types of functions and operations in the environment.
The neutrality is basically used to create the various types of incentives in an organization and support the foreign taxation process and the foreign neutrality is one of the tax policy that is used for paying taxes across countries with different types of rates.
Therefore, Foreign neutrality is the correct answer.
Their tentative minimum tax is : AMT Amount = A * (B – C) – D
A = 15%
B = The individual's adjustable tax income.
C = $40,000, the AMT exemption amount.
D = Allowable non-refundable tax credits.
TMT = 15% × (14,35,700 - 40,000) - 158,200
TMT = 51,155
<h3 /><h3>What is a provisional tax?</h3>
The least tax that a person may deduct from an estate tax is known as the tentative tax. After all exemptions and deductions to reduce tax liability have been used, the estimated tax is calculated. Placing an estate's total worth in the appropriate estate tax category yields a rough estimate of the tax.
<h3>What distinguishes the AMT from the tentative minimum tax (TMT)?</h3>
The difference between the two sums is utilized to generate a tax using a rate schedule after the two sums have been computed. The discrepancy produces the so-called preliminary minimum tax (TMT).
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