compianies or whoever hires the construction workers.
Answer:
The correct answer is $84 million.
Explanation:
According to the scenario, the computation of the given data are as follows:
Taxable income = $255 million
Tax rate = 40%
Tax credit = $30 million
So, Current tax payable = $255 million × 40% = $102 million
So, Net current tax payable = Current tax payable - Tax credit
= $102 million - $30 million
= $72 million
So, we can calculate the total income tax expense by using following formula:
Total income tax expense = net current tax payable + Additional projected liability
= $72 million + ( $30 million - $18 million)
= $72 million + $12 million
= $84 million
Answer:
a. Profit to an investor who buys call for $4
a. $ -4
b. $ -4
c. $ -4
d. $ 1
e. $ 6
b. Profit to an investor who buys call for $6.5
a. $1.5
b. $6.5
c. $ -1.5
d. $ -3.5
e. $ -8.5
Explanation:
The call option is a derivative in which an investor buys an option to buy the asset at a certain price. The value of the call option is determined by maturity. The buyer of call option can buy an asset at a strike price before expiration date.
If the investor buys the call option for $4 then the $4 is an expense for the investor. The value of call will be -4 unless the stock price is above $50.
If the investor buys the call option for $6.5 then the $6.5 is an expense for the investor. The value of call will be -6.5 unless the stock price is below $50.
a) - money issued by the financial intermediaries such as banks but not the central bank
Answer:
The numeric response for the question using real numbers rounded to one decimal place is given as below.
Explanation:
Tax incidence for almonds is (12 / (12 + 0.47)) = 0.96
for cotton (0.73 / (0.73 + 0.68)) = 0.52 and
for processing tomatoes is (0.64 / (0.64 + 0.26)) = 0.71
