The tax consequences to X Ltd. of these transactions are as follows:
Dividend received by X Ltd.: Since X Ltd. owns all the shares of Y Ltd., the dividend of $900,000 paid by Y Ltd. to X Ltd. is a non-taxable inter-corporate dividend under Canadian tax laws.
Capital gain on sale of Y Ltd. shares: X Ltd. will realize a capital loss of $900,000 on the sale of the Y Ltd. shares to an arm's length person, as the adjusted cost base of the Y Ltd. shares is $40,000 and the sale price is also $40,000.
However, the capital loss will be denied under the Canadian tax rules due to the application of the superficial loss rules. This means that X Ltd. will not be able to claim the capital loss of $900,000 on the sale of the Y Ltd. shares since it still owns the shares of Y Ltd. after the sale.
Therefore, X Ltd. will not have any capital gain or loss on the sale of the Y Ltd. shares.
Overall, X Ltd. will have to pay tax on the $900,000 dividend received from Y Ltd. at the applicable corporate tax rate, but will not have any capital gain or loss on the sale of the Y Ltd. shares.
To learn more about “capital” refer to the https://brainly.com/question/23631000
#SPJ11
permanent book-tax differences include blank . multiple choice question. $100,000 of organization costs for a new business $10,000 capital gain from the sale of land held by a business $10,000 of prepaid rental income received on the last day of the tax year $50,000 of interest expense associated with the generation of tax-exempt income
Permanent book-tax differences include $50,000 of interest expense associated with the generation of tax-exempt income.
This is because interest expense related to tax-exempt income is not deductible for tax purposes, creating a permanent difference between the financial accounting and tax accounting.
The other options ($100,000 of organization costs, $10,000 capital gain from the sale of land, and $10,000 of prepaid rental income) involve temporary differences that will eventually reverse and affect both book and tax accounting. The correct option is $50,000 of interest expense associated with the generation of tax-exempt income.
The complete question is:
Permanent book-tax differences include _____ . multiple choice question.
$100,000 of organization costs for a new business
$10,000 capital gain from the sale of land held by a business
$10,000 of prepaid rental income received on the last day of the tax year
$50,000 of interest expense associated with the generation of tax-exempt income
For more about interest expense:
https://brainly.com/question/29492215
#SPJ4
Which of the following would cause a shift of the supply curve:
An increase in the price of the good
An increase in consumer's income
An increase in advertising
A new technological innovation which reduces costs
What did Alexander Hamilton want for the economy?
Hamilton advocated for a federal charter for a national financial institution as part of his plan to restructure the American economy. A Bank of the United States was his suggestion.
What was the economic objective of Alexander Hamilton?In Hamilton's proposal, the federal and state debts would be paid off by the government. He demanded that the government acquire all of the bonds issued before 1789 by the federal and state governments. Then, he intended to issue fresh bonds to settle the previous debts.
What three points made up Hamilton's economic strategy?The elements of Hamilton's particular financial strategy were: government obligations incurred during the war. financing for the government's operations. Concentrate on business and industry
To know more about Hamilton visit:
https://brainly.com/question/12074319
#SPJ4
Naturally
an
atom
is
netural
in
charge
I can't understand what u write
Answer:
True :)))
Explanation:
i think so...
John borrowed $6,000,000 for a period of 15 years.is interest rate is 8%. How much interest will John pay in all?
Based on the information given the amount of interest that John pay in all is his $7,200,000.
Interest:Using this formula
Interest=Amount borrowed×Number of years×Interest rate
Where:
Amount borrowed=$6,000,000
Number of years=15 years
Interest rate=8%
Let plug in the formula
Interest=$6,000,000×15×8%
Interest=$7,200,000
Inconclusion the amount of interest that John pay in all is his $7,200,000.
Learn more about interest here:https://brainly.com/question/16134508
The _____ is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses.
Answer:
international monetary fund
Explanation:
The international monetary fund is an international bank that normally provides short-term loans to countries that are unable to meet their budgetary expenses.
What is international monetary fund?The IMF is a group of 189 member nations that seeks to promote international monetary cooperation, ensure financial stability, ease trade between nations, encourage high employment and long-term economic growth, and lessen poverty worldwide.
The IMF offers financial support and collaborates with nations to guarantee prudent spending. The IMF provides a range of loans that are specifically suited to the needs and unique circumstances of each nation. Low-income nations receive loans with zero interest.
Their methods for attaining this common objective are complementary: the World Bank focuses on long-term economic development and poverty reduction, while the IMF emphasizes macroeconomic and financial stability.
Thus, international monetary fund.
For more information about international monetary fund, click here:
https://brainly.com/question/30052429
#SPJ2
Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 15–31. Use this information to answer the questions that follow. Gross payroll $10,000 Federal income tax withheld $1,800 Social security rate 6% Federal unemployment tax rate 0.8% Medicare rate 1.5% State unemployment tax rate 5.4% Salaries Payable would be recorded in the amount of
Answer:
$7,450
Explanation:
The computation of Salaries Payable is shown below:-
Gross Payroll $10,000
Less:
Federal income tax withheld $1,800
Social security rate at 6% -$600
Medicare rate at 1.5% -$150
Total deduction -$2,550
Salary Payable $7,450
We simply deduct three above taxes from the gross payroll so that we get to know for the salary payable amount
How does an entrepreneur demonstrate comfort with risk when launching a business?
Answer: There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk. Founder risk considers who the founders of the company are, if they get along, and how they will work for the company.
Hope this helps......... Stay safe and have a Merry Christmas!!!!!!!! :D
Explanation:
What is the purpose of a design brief?
chapter 13 victoria is the daytime supervisor for an automobile assembly line. she supervises 40 workers who perform specialized jobs that require moderate training. which of the following statements would indicate that victoria is following the path-goal model of leadership? group of answer choices victoria wants to develop a partnership with her team illustrated by reciprocal influence, mutual trust, respect and liking, and a sense of common fates. victoria has a certain idea about how she should behave as a leader and what she should do for her team of workers. victoria does not feel like taking responsibility for leading her team since their jobs require more than minimal training. victoria's leadership skills are most effective when applied to match the characteristics of the situation at hand. victoria likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.
Victoria is following the path-goal model of leadership if she likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.
This is one of the statements from the options that indicate Victoria is following the path-goal model of leadership.The path-goal theory of leadership is a model that suggests that leaders should provide the support and guidance their subordinates require to accomplish goals. Path-goal theory claims that a leader's leadership style is influenced by the subordinates' requirements and the environmental variables that affect their behavior.
The path-goal model of leadership is an extension of the expectancy theory of motivation, which suggests that employees' behavior is determined by the strength of their expectancy that increased effort will result in better performance and that better performance will result in the desired reward. Leaders can inspire their subordinates and help them reach their objectives by using the path-goal model of leadership.Victoria is a daytime supervisor for an automobile assembly line.
For such more questions on path-goal model :
brainly.com/question/14569585
#SPJ11
between the price of $10 and $14 supply is inelastic. what does this statement mean
This statement means that within the price range of $10 to $14, the supply of the product or service is relatively unresponsive to changes in price. In other words, a change in price within this range would not significantly affect the quantity of the product or service that suppliers are willing to produce and offer for sale.
Inelastic supply typically occurs when it is difficult or costly for suppliers to adjust their production levels in response to changes in price. For example, if the production of a product requires specialized equipment or resources that are limited in supply, then suppliers may not be able to quickly increase their output even if the price of the product rises. In such cases, a higher price may only result in a small increase in the quantity supplied, if any.
On the other hand, if the supply is elastic, then a small change in price would result in a relatively larger change in the quantity supplied, indicating that suppliers are more responsive to changes in price.
In which type of bank do investors
pool their money into a collective
business in order to help each other?
A. Commercial banks
B. Credit union
C. Savings and loans bank
D. Brokerage firms
The kind of bank do investors pool their money into a collective business in order to help each other is a credit union. Thus, option B is correct.
What is a Credit Union?A credit union, which is comparable to a commercial bank, is a member-owned nonprofit financial cooperative. Credit unions often provide their members services similar to retail banks, such as deposit accounts, credit, and other financial services.
Credit unions, like banks, accept deposits, make loans, and offer a variety of other financial services. Credit unions, on the other hand, being member-owned and cooperative entities, offer a secure place to save and borrow at competitive rates.
A credit union is a customer/member-owned financial cooperative that is democratically governed by its members and exists to maximize the economic advantage of its customers by providing banking services at competitive and fair prices. Hence, option B is correct.
Learn more about Credit Union here:
https://brainly.com/question/13557890
#SPJ2
A rightward shift in a demand curve and a rightward shift in a supply curve both result in a: Multiple Choice a.Lower equilibrium price. b.Lower equilibrium quantity.c.Higher equilibrium price. d.Higher equilibrium quantity
A rightward shift in a demand curve and a rightward shift in a supply curve both result in higher equilibrium quantity.
What is equilibrium quantity?
Economic equilibrium in economics refers to a condition where supply and demand are balanced and the values of economic variables do not change in the absence of external influences. For instance, equilibrium occurs when the quantity requested and the quantity provided are equal in the classic text on perfect competition.
When a market price is set through competition and the quantity of goods or services demanded by buyers and the quantity of goods or services produced by sellers are equal, the market is said to be in equilibrium.
Know more about equilibrium -
brainly.com/question/27993423
#SPJ1
Which are examples of copyrighted online materials? Check all that apply.
an article from an Internet magazine
lyrics for a song written in the 1800s
photos taken by a student on his blog
a video game that is free for anyone to copy
an illustration sold by an artist on her website
an excerpt from a novel published in 1913
Answer:
a and d
Explanation:
Answer:
A & E
Explanation:
edge test
capital goods, like factories and machinery, are classified as intermediate goods.
a. true
b. false
False. Capital goods, like factories and machinery, are classified as final goods, not intermediate goods. Intermediate goods are goods that are used in the production process to make other goods.
Capital goods, such as factories and machinery, are not classified as intermediate goods. Instead, they are considered fixed assets used in the production process to create goods and services. Intermediate goods are products used in the production process but are not final goods, such as raw materials or partially finished products. These intermediate goods are later transformed into final goods or services. Capital goods, on the other hand, are utilized over a longer period and contribute to the production process multiple times.
To know more about goods visit:
brainly.com/question/17997598
#SPJ11
_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.
Answer:
employment and labor law
Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
To learn more about the free market system, please check: https://brainly.com/question/1188645
#SPJ1
What are the legal requirements owners should fulfill before forming a corporation
The legal requirements that owners should fulfill before forming a corporation are:
Owners should meet the state statutory needs. Owners should register the name and articles of incorporation.What is a Business Corporation?This refers to the business structure that operates as a separate entity that has shareholders and board of directors.
Hence, we can see that based on the legal requirements of starting a business corporation, the need to meet the state statutory needs and also register the name and article of the incorporation.
Read more about business corporations here:
https://brainly.com/question/3140091
#SPJ11
The figure below represents the U.S. market for steel imports from South Korea. The South Korean government provides an export subsidy of $25 per ton, and South Korean firms use the subsidy to reduce their export price to the United States to $375 per ton.
The South Korean government's export subsidy allows South Korean steel producers to reduce their export price to the United States to $375 per ton, making it more competitive in the U.S. market. This strategy helps South Korean steel firms increase their market share and strengthens their position in the global steel industry.
The correct answer is option D. An export subsidy of $25 per ton provided by the South Korean government will result in a lower price of $375 per ton for the steel that is being imported by the United States.In the given scenario, the South Korean government provides an export subsidy of $25 per ton to the South Korean steel industry. The South Korean firms use this subsidy to lower their export price to the United States. As a result, the price of steel being exported to the United States from South Korea decreases to $375 per ton. Therefore, option D is the correct answer.
Visit here to learn more about Export and Import:
https://brainly.com/question/29786130
#SPJ11
Adam smith’s wealth of nations examines the underlying principles of which economic system?
On March 9, 1776, An Inquiry into the Nature and Causes of the Wealth of Nations—commonly referred to surely as The Wealth of Nations—was first published. 1 Smith, a Scottish moral truth seeker with the aid of trade, wrote the e book to describe the industrialized capitalist device that used to be upending the mercantilist system.
What have been the main traits of the mercantilist system?Mercantilism is an monetary policy whereby a state pursuits to maximize exports and decrease the imports. Originally adopted via European nations between 1500 and 1800, mercantilist nations applied insurance policies such as tariffs and subsidies in order to enhance exports and make international imports more expensive.
The underlying standards of mercantilism included (1) the trust that the amount of wealth in the world was distinctly static
Learn more about mercantilist system here:
https://brainly.com/question/599745#SPJ4QUESTION 7 of 10: Which is NOT a use for market research?
a) Identifying what services customers want
Ob) Deciding what merchandise to sell
O c) Determining tax deductions
O d) Forecasting sales
Submit
Answer:
The answer would be b, determining tax deductions
Explanation:
All three of the other points are ways you can find out customers needs and wants, however tax deduction is used to figure out how much tax is owed.
delta air lines owns hundreds of aircraft, with about 60 percent of its fleet consisting of boeing aircraft, while airbus aircraft make up about 40 percent. it sold seven used boeing 767-300 jets to amazon.com as amazon plans to expand its growing amazon air cargo service. the average age of the jets is about 20 years old.
Assume the record of the company reflected the following for the jets that werw sold:
Aircraft coft $62,300,000
Accumulated depreciation 46,900,000
a. $15,400,000 cash
b. $16,700,000 cash
c. $14,600,000 cash
The correct answer would be (a) $15,400,000 cash. Depreciated cost is the value of a fixed asset minus all of the accumulated depreciation that has been recorded against it.
What is depreciation?Depreciation is an accounting phrase that covers two facets of the same idea. The actual decline in the asset's fair value comes first.
The asset's annual depreciation as it is used and depreciated, and secondly, the financial statements' allocation of the asset's original cost to the period in which the asset is used (matching principle).
Depreciation is, thus, the depreciation of an asset, or the process by which the cost of a tangible asset is spread out over the course of its useful life.
A company's or entity's balance sheet is impacted by asset depreciation, and the accounting method used has an impact on net income and, consequently, the reported income statement.
Depreciation is assigned to acquisition costs.
To know more about depreciation cost, visit:-
https://brainly.com/question/13807787
#SPJ1
what do you pore first the cereal or the milk? True or false.
(b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$
The revised overall due is $6,117.60. The early fee bargain amount is $416.88, and the new stability due after the bargain is $5,700.72.
(a) After correcting the mistakes within the itemization, the revised invoice desk must be as follows:
QTY. Ordered QTY. Shipped Description Unit Amount
44 ea. Sheets, king $45.10 $1,984.40
65 ea. Sheets, queen $39.60 $2,574.00
28 pkg. Pillow Cases, queen $17.85 $498.80
55 pkg. Pillow Cases, std. $17.35 $954.25
6 ea. Shams $33.25 $199.50
Invoice Subtotal $5,210.95
Shipping Charges of $131.50
Insurance $23.35
Invoice Total $5,365.80
(b) The variety of king-size sheets back is 4, and the quantity of queen-size sheets returned is three. The total cost of the back sheets may be calculated as follows:
4 * $45.10 (king-length sheet fee) + 3 * $39.60 (queen-length sheet rate) = $180.40 + $118.80 = $299.20
(c) The early fee bargain provided via the vendor is 8% of the product's fee. To calculate the bargain, we need to subtract the value of shipping and insurance from the invoice subtotal and practice the bargain percent:
Discount = 8% * (Invoice Subtotal - Shipping Charges - Insurance)
Discount = 8% * ($5,210.95 - $131.50 - $23.35) = 8% * $5,056.10 = $404.49
(d) The new balance due after making use of the cut price may be calculated by using subtracting the discount quantity from the bill overall:
New Balance Due = Invoice Total - Discount
New Balance Due = $5,365.80 - $404.49 = $4,961.31
To know more about invoices,
https://brainly.com/question/29032299
#SPJ4
The correct question is:
"INVOICE Hamilton Mills No. 49485 INVOICE DATE July 9, 20xx 115 Rock Creek Road CUSTOMER'S Charlotte, North Carolina 28235 ORDER NO. 49485 SOLD TO: SHIP TO: SAME The Bedding Warehouse 406 Maple Road Franklin, VA 23851 SALESMAN SHIPPED VIA Federal Express TERMS Net 30 Days F.O.B. Charlotte, N.C. QTY. ORDERED QTY. SHIPPED DESCRIPTION UNIT AMOUNT 44 ea. Sheets, king $45.10 $1,984 40 65 ea. Sheets, queen $39.60 $2,57400 28 pkg. Pillow Cases, queen $17.85 $44980 55 pkg. Pillow Cases, std. $17.35 $954 25 6 ea. Shams $33.25 $299 50 $6,261.95 INVOICE SUBTOTAL SHIPPING CHARGES $131.50 Insurance $23.35 INVOICE TOTAL $6,416.80 Invoice Table QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $1,984.40 65 ea. Sheets, queen $39.60 $2,574.00 28 pkg. Pillow Cases, queen $17.85 $449.8 55 pkg. Pillow Cases, std. $17.35 $954.25 6 ea. Shams $33.25 $299.5 Invoice Subtotal $6,261.95 Shipping Charges $131.50 Insurance $23.35 Invoice Total $6,416.80 (a) You notice several errors in the itemization of the invoice. Correct the errors in the itemization ing the fol table $). QTY. Ordered QTY. Shipped Description Unit Amount 44 ea. Sheets, king $45.10 $ 65 ea. Sheets, queen $39.60 $ 28 pkg. Pillow Cases, queen $17.85 $ 55 pkg. Pillow Cases, std. $17.35 $ 6 ea. Shams $33.25 $ $ Invoice Subtotal $ Shipping Charges $131.50 Insurance $23.35 Invoice Total $ (b)
Your warehouse manager reports that there were four king-size sheets and three queen-size sheets returned, along with five packages of queen pillow cases. Calculate the revised total due (in $).
$
(c)
The vendor has offered a 8% early payment discount that applies only to the merchandise, not the shipping or insurance. What is the amount of the discount (in $)? (Round your answer to the nearest cent.)
$
(d)
What is the new balance due after the discount (in $)? (Round your answer to the nearest cent.)
$ "
The main reason(s) for IP spoofing is (are):
A) To fake an e-mail address and allow the attacker's web server to pretend to be a trusted website
B) To acquire confidential information about an individual
C) To scan a website and fake e-mail addresses.
D) To allow the attacker's web server to pretend to be a trusted website.
The main reason(s) for IP spoofing is (are) to allow the attacker's web server to pretend to be a trusted website.
To answer the question of the main reason(s) for IP spoofing is (are), the correct answer is D) To allow the attacker's web server to pretend to be a trusted website. IP Spoofing is a common and standard practice in which an attacker uses another person's IP address to complete their own activities online.
It is an act of a network attack in which an attacker modifies the source IP address of an IP packet to hide its identity, impersonate another computer system, or evade the protections deployed in place.
This is done to deceive the target machine into accepting packets that would otherwise be ignored, which can be used in various types of attacks.To deceive the target machine into accepting packets that would otherwise be ignored, this type of practice is done, which can be used in various types of attacks.
Such as,• Cybercrime• DDoS attacks• Man-in-the-middle attacks• Spoofing attacks• TCP session hijacking• Eavesdropping• Phishing attacks• Spamming• Scanning, etc.The attacker's server can trick an individual into sharing their confidential information by pretending to be a trusted website, which is one of the main reasons for IP spoofing.
To know more about IP spoofing, visit:-
brainly.com/question/15179149
#SPJ11
U.S. businesses with just a single owner and no staff account for more than $990 billion in annual sales
a. True
B. False
Answer:
It is true I believe ...
Answer:
Its true
Explanation:
Refer to the Reserve Bank news release below. Use the AD/AS model to answer how each of the economic factors stated are affecting inflation and economic growth.
Official Cash Rate unchanged at 1.5 percent
Date 26 June 2019
The Official Cash Rate (OCR) remains at 1.5 percent. Given the weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over time to continue to meet our objectives. Domestic growth has slowed over the past year. While construction activity strengthened in the March 2019 quarter, growth in the services sector continued to slow. Softer house prices and subdued business sentiment continue to dampen domestic spending. The global economic outlook has weakened, and downside risks related to trade activity have intensified. A number of central banks are easing their monetary policy settings to support demand. The weaker global economy is affecting New Zealand through a range of trade, financial, and confidence channels. We expect low interest rates and increased government spending to support a lift in economic growth and employment. Inflation is expected to rise to the 2 percent mid-point of our target range, and employment to remain near its maximum sustainable level. Given the downside risks around the employment and inflation outlook, a lower OCR may be needed.
Construction Activity
- higher inflation and higher economic growth
- higher inflation and lower economic growth
- lower inflation and higher economic growth
- lower inflation and lower economic growth
- higher inflation but the impact on growth is uncertain
- lower inflation but the impact on growth is uncertain
- higher growth but the impact on inflation is uncertain
- lower growth but the impact on inflation is uncertain
Construction activity has a positive impact on economic growth. Construction Activity affects inflation and economic growth. The effect of construction activity on inflation and economic growth is lower inflation but higher economic growth.
The construction activity has a considerable impact on the economy of a country, particularly in terms of investment, employment, and income. Effect on inflation: The construction industry generates demand for products such as cement, steel, and other construction-related materials, which leads to an increase in their prices and inflation. It also leads to an increase in wages of laborers and contractors who work in the construction industry, resulting in higher wage inflation.
Thus, construction activity has an upward effect on inflation. Effect on economic growth: The growth of the construction industry has a ripple effect on other sectors of the economy, such as the real estate sector, which further contributes to economic growth. Thus, construction activity has a positive impact on economic growth.
To know more about economic growth visit:
brainly.com/question/31722578
#SPJ11
Explain one reason why a business may use social media to promote
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.
Answer:
b. social benefits will be greater than private benefits
Explanation:
Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.
This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.
An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.
So it is correct to say that the social benefits will be greater than the private ones. Letter b.