Answer:
The correct option is D,taxpayers should accelerate income
Explanation:
Assuming current tax rate is 20% and believed to increase to 28% next year,the tax planning strategy available at anyone's disposal is to ensure he takes advantage of the current 20% which is lower compared to future 28% by accelerating income,hence the 20% tax is then charged on the accelerated income
The reverse would have been the case if the tax rates are decreasing,so future tax rate is envisaged to be lower compared to status quo.In this case,deferring income would be the best strategy that saves the day
Answer:
C. The investor owns more than 1% of the corporation.
Explanation:
data provided in the question
Number of shares own = 5,000 shares
Outstanding stock percentage = 1%
Repurchased shares = 25,000
Based on the above information, the following statement is correct
i.e the investor owns more than 1% of the corporation as the A option, B and D options are incorrect and the option C is most appropriate option
I would say Sales Representative because a receptionist works front desk mail clerk does mail accountant has its own office
Answer:
Answer in explanation
Explanation:
In this question, we are asked to state what will happen to the price of potatoes in the short and long run giving some happenings.
Firstly, we identify that the market for the russet potatoes are in equilibrium with a price of $6 per 100-pound sack.
Now, due to dietary changes, low carbohydrates diet become suddenly popular. This made the availability of substitutes for the russet potatoes. Hence, there is a demand loss for Russet potatoes. Having considered the market properties of the Russet potatoes, it is expected that the price of the russet potatoes will fall. This is principally due to the law of demand. Hence, in the short run, the price is expected to fall below the $6 mark.
What will happen in the long run?
Since it’s a perfectly increasing cost market, there would surely be a bull run later on with the price getting higher than what is expected in the short run. This however does not say anything about if the price would rise above the initial $6 mark