Answer:
but in recent times has depended on government subsidies in order to compete with the highly subsidized agricultural sectors of the European Union (EU) and the United States.
Explanation:
It is important to note that Canada is one of the largest agricultural producers and exporters in the world.
Some examples of these subsidies includes:
1. AgriInvest Program
This program provides matching contributions to producers (private producers) who make annual deposits to an AgriInvest account, to help them manage risks or improve market income.
2. AgriInsurance Program
Provides farmers with insurance against natural hazards in order to minimize the financial implications of production losses.
I believe the answer is false
Answer:
(C) $19,776.80
Explanation:
The company will pay taxes for the difference between book value and sale value at disposal:
book value after 2 years:
It will be acquisition less accumulated depreciation, which is the sum of the MACRS depreciation rate for this two years
32,600 (1 - 0.20 - 0.32) = 32,600 x 0.48 = 15,648
sales price: 22,000
taxes: (22,000 - 15,648) x .35
6,352 x 0.35 = 2,223.2
after tax cash flow: 22,000 - 2,223.2 = 19,776.8
