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MrMuchimi
3 years ago
12

Patty, a single taxpayer, has $100,000 of U.S. source taxable income and $300,000 of foreign source taxable income from countrie

s X and Y for a total worldwide taxable income of $400,000. Countries X and Y levy a total of $89,000 in foreign taxes upon the foreign source taxable income. U.S. taxes before credits are $115,194. The foreign tax credit limitation is
Business
1 answer:
Kaylis [27]3 years ago
6 0

Answer:

424812

Explanation:

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For a normal good, if the price of a substitute good decreases then:
geniusboy [140]

Answer:

(B) the demand curve shifts leftward while the supply curve stays the same.

Explanation:

"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "

Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019

8 0
3 years ago
The marginal cost column reflects:_______.
docker41 [41]

Answer:

iii. The law of diminishing marginal utility

6 0
1 year ago
A large furniture and appliance rental business is considering sponsorship options. It has brought together vice-presidents from
lutik1710 [3]

Answer:

a. cross-functional team

Explanation:

In this case, the most appropriate is the use of a cross-functional team.

This team is formed by several professionals with knowledge, techniques, skills and resources to help the company achieve its goals and objectives.

The benefits of forming a cross-functional team is to aggregate the potential of each member in a common objective, which ensures greater flexibility of ideas, greater innovation, greater exchange of experiences, which guarantees greater team engagement, greater possibility of designing solutions and greater efficiency in organizational processes.

6 0
3 years ago
The following information is available for Cubic Company before closing the accounts. After all closing entries are made, what w
AysviL [449]

Answer:

Option (a) is correct.

Explanation:

Given that,

Net income = $112,700

Retained earnings = $108,000

Dividends = $40,000

After all closing entries are made,

The balance in the Retained earnings account is as follows:

= Retained earnings + Net income - Dividends

= $108,000 + $112,700 - $40,000

= $180,700

Hence, the balance in the retained earnings account is $180,700.

4 0
4 years ago
What does an operating system do?
AlladinOne [14]
C: It tells the computer how to use the software.
3 0
3 years ago
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