Answer:
The correct answer is a. In arriving at taxable income, a taxpayer must choose between the standard deduction and itemized deductions.
Explanation:
In tax law, the tax base is the magnitude that results from the measurement of the taxable event. It is defined as the dimension or magnitude of an element of the objective budget of the taxable event that is judged as determining the relative contributory capacity.
In tax legal relations, the taxable event shows the existence of an economic capacity in the subjects, but for the tax to be applied, this fact must be assessed in some way, usually in monetary units.
The tax base is ultimately the magnitude that is used in each tax to measure the economic capacity of the subject, such that it is reflected in ceilings.
The most important benefits of using virtual reality in business training is that its let the trainees undergo at similar experience that they will encounter in real world.
<h3>What is a Virtual Reality?</h3>
A Virtual Reality refers to a simulated experience that are very similar from the real world.
In conclusion, the most important benefits of using virtual reality in business training is that its let the trainees undergo at similar experience that they will encounter in real world
Read more about Virtual Reality
<em>brainly.com/question/26597344</em>
Answer:
$2,000
Explanation:
depreciation expense should ABC record in 2019
Answer:
b. $194,492
Explanation:
Note: The present value factors is attached as picture below
Multiple Choice
<em>$205,607. $194,492. $200,000. $22,032. $172,460.</em>
<em>00,000 </em>
Calculation of Bond issue price
PV factor at 2.50%
Pv value of bond 200,000 0.8623 172,460
Pv of interest at 2%, 6 4,000 5.5081 <u>22,032</u>
semi annual installment
Present value of the Bond <u>$194,492</u>
Answer:
Policy impact will be positive
Explanation:
When investors pull out their funds from Asian, it will amount to scarcity of funds for developmental purposes. The contrary is the case when such funds are plunged into the US market. Its impact to the economy include:
1. Create more opportunity for development
2. Reduces the interest rate of lending in the society
3. Exchange rate value will decrease just because more of these funds will be used for business transactions
4. The prices of goods will be adjusted to balance the different caused by inflation