<span>in a communist country government owns all resources and decided how they will be used therefore they need to have full obedience for it to work properly.
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Answer:
Taxable income will be $400,000
Explanation:
As per IRS, the company receiving the dividend from any other comapany will get dividend received reduction (DRD) based on its % of holding. For a company holding less than 20% holding can get 70% deduction from the dividend received.
Income before DRD 400,000
Less DRD (70,000) (100000*70%)
Income after DRD 330,000
However, this DRD is special deduction given after the taxable income. so, taxable income will be $400,000
Answer:
$510 is costs assigned to ending inventory
Explanation:
According to Last-In- First-Out method of inventory valuation , items of stock received last is sold first.
As a result, the sale of 390 units on January 26 is from the purchases of 25 January (110 units), January 9 (80 units) and 200 units from the purchase made on January 1st.
Above all, closing inventory is items bought on January 1st.
Value of closing inventory=150*$3.40=$510
Answer:
a) 40 yrs Price=$910.49 b) 17 yrs Price=$924.51 c) 8 yrs Price=$948.54
Explanation:
Hi, well, what we need to do is to use the following data and formula in order to find the ´price of each bond, just by changing the maturity time for each , option (40 years, 17 years, and 8 years). Let's illustrate with the first price, when its maturity is 40 years.
That was a) Price=$910.49
That was b) Price=$924.51
Finally, that was c) Price=$948.54
Best of luck.
Answer:
It can be concluded about the elasticity of demand and supply prices that supply is more elastic than demand
Explanation:
Price in the market is determined by demand and supply, it is measured in terms of the variables quantity and variables price. When a tax is placed on a product, it generate a change in the market equilibrium, this is because buyers pay more and sellers receive less.
Therefore, a tax causes the supply curve to move up and the demand curve to move down.
To know the distribution of tax, the incidence is measured through the elasticity of the supply and demand curve, which measures the sensitivity of the quantity, demanded of products before a price change.
If the supply curve is more elastic than the demand curve, this is because when the price paid by consumers increase more than the price the sellers receive decreases, the impact of the tax is stronger for consumers.
The total tax on a unit of bottled water =
$2.50 - $2 = $0.50
$2 - $1.75 = $0.25
$0.15 + $0.25= $0.75