A document which is an illegal copy of something. made for the purpose of deception, is known as counterfeit.
No I do not use miracle whip for the reason it does have a gross taste and if left out for a little bit it gets very gross very easily
Answer:
$9,840
Explanation:
In this question, we have to take the difference between the payment for S corporation and the C corporation
If Military Gear Inc is a C corporation, then the payment would be
= Ordinary income × marginal tax rate
= $84,000 × 24%
= $20,160
And, if Military Gear Inc is a S corporation, then the payment would be
= (Ordinary income - net effect) × marginal tax rate
= ($84,000 - $41,000) × 24%
= $43,000 × 24%
= $10,320
The net effect would be
= $159,000 - $118,000
= $41,000
The net payment would be
= $20,160 - $10,320
= $9,840
Answer:
Subsidy
Explanation:
A subsidy is a direct or indirect payment to individuals or firms, usually in the form of a cash payment from the government or a targeted tax cut.
In economic theory, subsidies can be used to offset market failures and externalities in order to achieve greater economic efficiency.
A subsidy typically supports particular sectors of a nation’s economy. It can assist struggling industries by lowering the burdens placed on them, or encourage new developments by providing financial support for the endeavors.
Answer:
$85.07
Explanation:
The computation of the current share price is shown below:
Year Dividend Terminal value Total cash flow PVIF at 9% Present value
1 $3.00 $3.00 0.9174 $2.75
2 $4.00 $4.00 0.8417 $3.37
3 $5.00 $5.00 0.7722 $3.86
4 $6.00 $6.00 0.7084 $4.25
5 $7.00 $102.00 $109.00 0.6499 $70.84
$85.07
The terminal value is
= 7 × 102% ÷ (9%-2%)