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3 years ago

A company in panama pays for a u.s. architect to design a factory building. by itself this transaction

1 answer:

5 0

If the company in panama pays for the u.s architect to design their factory building then the transaction would mean that it will increase u.s exports, if exports increase then it will also increase the u.s trade balance. The transaction allows the increase for u.s exports because they made a transaction to a u.s architect, allowing or creating a wide connection to the u.s, having an increase u.s exports that could cause an increase trade balance.

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Hank has a 32% marginal tax rate and has already recognized a STCL of $8,000 and a L TCG of $5,000, both due to the sale of stoc

Ivenika [448]

Answer:

The increase in his tax liability is $1,120

Explanation:

STCL due to sale of stock = $8,000

LTCG due to sale of stock = $5,000

∴Net STCL = $8,000 - $5,000

Net STCL = $3,000

LTCG on sale of antique clock = $7,000

∴Net LTCG on sale of antique = $7,000 - $3,000 = $4,000

LTCG on sale of antiques is taxed at the rate of 28%

∴ Tax liability = $4,000 * 28%

Tax liability = $4,000 * 0.28

Tax liability = $1,120

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3 years ago

47. Specialty stores use a wide variety of products in one product category as their key competitive tool.

leonid [27]

Answer:

<h3>true or if i wrong fulse so </h3>

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3 years ago

Hurlburt Corporation renewed an insurance policy for 3 years beginning July 1 and recorded the $81,000 premium in the prepaid in

Slav-nsk [51]

Answer:

B. Debit insurance expense for $13,500 and credit prepaid insurance for $13,500.

Explanation:

If 6 months past from the beginning of the contract then these past 6 months must be reflected as expenses in the balances.

$13,500 reflect the expenses of the past 6 months from July 1 to December 31, then the entry Debit insurance expense for $13,500 and credit prepaid insurance for $13,500 reflect the proper balances at the end of the year.

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3 years ago

A farmer sells a bushel of corn to the supermarket for $12. The supermarket then sells the corn to customers for $25. What is th

allsm [11]

Answer:

$ 25

Explanation:

As per the description, the exact amount that is being contributed from the corn bushel to the Gross Domestic Product would be $ 25. The price at which the farmer sold it to the supermarket would not be included in the GDP because it would be considered as an intermediary good because the good purchased for the resale purpose is not included in GDP as it leads to double-counting. Thus, <u>only the price of the final good i.e. $ 25 would be included in GDP as it will now be used for final consumption by the customers</u>.

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3 years ago

From June 2008 oil was at a high of $144.78 per barrel. During the period from April 2011 until July of 2014, the price of oil h

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Answer:

I don't even know big cuh

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2 years ago