Answer:
C) $201,760
Explanation:
To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.
Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.
In mathematically,
Cash proceeds = Face value × 0.97
= $208,000 × 0.97
= $201,760
Answer:
The correct answer is minimize.
Explanation:
Tax liability is what the taxpayer or corporation owes to a government entity in charge of levy and collect taxes because of the profits it has generated.
This person can deduct their taxes by planning them correctly.
Doing good planning can minimize taxes in some of the following ways:
- Contributing to charity
- Making contributions to retirement accounts
- Having medical health insurance
- Saving for college
Answer:
A. Business Cycle Peak
Explanation:
Business cycle peak point is the highest point of the business cycle when the economy is producing at the maximum allowable output, employment is at "full employment" and inflationary pressures on prices are evident. This also the point where the economy's GDP is at its highest level. There are many other key economic indicators, but it all points to the positive aspect of those key indicators reaching their highest level.
In summary, it means an economy has reached the highest level of production in recent times.
Answer:
Government assessment of whether company is able to pay taxes as they become due.
Explanation:
the government has no responsibility to stimate if a given business is in a capable financial position for paying taxes.