All categories

3 years ago

For insight into a government agency's understanding of the laws it administers, one should consult:

Business

1 answer:

AfilCa [17]3 years ago

4 0

Answer:

The agency's interpretive rules.

Explanation:

An interpretive rule can be defined as a document issued by an agency so as to help expound or clarify existing administrative laws, regulations and statutes in the public domain.

Basically, an interpretive rule is not required to meet the minimum requirements or criteria specified by the Administrative Procedure Act (APA). Also, an interpretive rule is not considered as a force of law because it is not binding on the general public.

Hence, for insight into a government agency's understanding of the laws it administers, one should consult the agency's interpretive rules for an explanation on the law and regulations it promulgated,

You might be interested in

A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate <$

Alisiya [41]

Answer:

Taxable income = $240,000

Amount payable = $64,850

Explanation:

As per the data given in the question,

Taxable income :

Gross revenue = $400,000

Total cost = $100,000

Net profit = $400,000 - $100,000 = $300,000

Allowable tax deduction = $60,000

Taxable income = $300,000 - $60,000

= $240,000

Tax to be paid :

Computation of tax Amount to be taxed Rate Tax

$50,000 $50,000 15% $7,500

$50,000 to $75,000 $25,000 25% $6,250

$75,000 to $100,000 $25,000 34% $8,500

More than $100,000 $140,000 39% $54,600

Total tax $76,850

Amount payable = Total tax - Tax credit

= $76,850 - $12,000

=$64,850

3 0

3 years ago

Mary Stahley invested $1500 in a 48-month certificate of deposit (CD) that earned 6.5% annual simple interest. When the CD matur

ASHA 777 [7]

Answer:

$12714.98

Explanation:

Data provided in the question:

Initial amount invested = $1,500

Simple interest rate = 6.5%

Duration for simple interest = 48 months = 4 years

Now,

Simple interest = Amount × Interest rate × Time

= $1,500 × 0.065 × 4

= $390

Therefore,

Total amount = $1500 + $390

= $1890

Now

The amount = $1890 is invested in mutual fund which is compounded annually at 21% for 10 years

thus,

Final amount = Principle × (1 + r)ⁿ

here, r = 21% = 0.21

n = 10 years

Therefore,

Final amount = $1890 × (1 + 0.21)¹⁰

= $12714.98

5 0

3 years ago

The stock is currently selling for $17.75 per share, and its noncallable $3,319.97 par value, 20-year, 1.70% bonds with semiannu

Komok [63]

Answer:

the after-tax cost of debt is 13.24

Explanation:

The after-tax cost of debt is the initial cost of debt as a result of the incremental income tax rate.

The after-tax cost of debt is dependent on the incremental tax rate of a business. If profits are low, a business would pay low tax rate, which means that the after-tax cost of debt will increase. Also, if the business profits increase, they would pay higher tax rate, so its after-tax cost of debt will decline.

Given that:

Required return (r) = 11.50% = 0.0115

The yield on a 20-year treasury bond (y) = 5.50% = 0.055

beta (b) = 1.29

rs = y + (r -y) x b

after-tax cost of debt = 5.50% + (11.50% - 5.50%) x 1.29

after-tax cost of debt = 13.24%

5 0

3 years ago

In the _____ stage of the advertising development process, Fallon account managers and clients must set the campaign budget. Cam

fgiga [73]

Answer:

Planning Phase

Explanation:

6 0

2 years ago

Place the components of the M2 money supply in order, from smallest to largest

dimulka [17.4K]

Answer:

Small time deposits, money market mutual funds, currency, checkable deposits, savings deposits.

Explanation:

8 0

3 years ago