Answer:
$2100
Explanation:
Net loss = $5000
Taxable income = $15000
Tax rate = 21%
Fast Rocket's total tax for both years is determined by
Taxable income minus net loss multiplied by tax rate
= $(15000-5000) × 21%
= $10000 × 0.21
= $2,100
Fast Rocket's total tax for both years = $2100
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Answer:
The North American Free Trade Agreements
Explanation:
The reason is that the free trade agreements eliminates the price escalation which is imposed by the other countries on importing these goods. So as a result the market becomes less attractive to the company because its product are not able to compete in that environment. The FTA helps organizations to use the resources of other countries with which the country has free trade agreements to lower its costs to compete competitors. The vital resource in Mexico is cheap labor cost and America has one of the best technologies in the world.
The first sentence of an introduction is called a hook
Answer:
80 %
Explanation:
Given that,
Labor force = Employed people + Unemployed people
= 320,000
Total population 16 years of age or older = 400,000
Therefore, the labor force participation rate is as follows:
= (Labor force ÷ Population of 16 years of age or older) × 100
= (320,000 ÷ 400,000) × 100
= 80 %
