From an economic perspective, the objective of the international tax rules of each country should be to:

a. prevent other countries from copying it
b. ease taxing system interactivity
c. shelter profits
d. discourage investments


b

Business

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The interest earned on the principal amount only is referred to as_____________

Fill in the blank(s) with correct word

Business

On a work sheet, the factory overhead account always has a net debit balance in the trial balance because it contains costs related to manufacturing

Indicate whether the statement is true or false

Business

Assuming that the corporation has a 21% marginal tax rate, which of the following statements is true?

A. Jacky, Inc issued 1,000 shares of 7%, $100 par preferred stock for $100,000. The after-tax cost of the $7,000 dividend paid was $5,530. B. Jacky, Inc. borrowed $500,000 and paid interest of $48,000; the after-tax cost of the interest was $37,920. C. Jacky, Inc issued 1,000 shares of 7%, $100 par preferred stock for $100,000. The after-tax cost of the $7,000 dividend paid was $1,470. D. Jacky, Inc. borrowed $500,000 and paid interest of $48,000; the after-tax cost of the interest was $10,080.

Business

What is the main benefit of having team members start by describing a success story in each team huddle?

a. It encourages fence-sitters to become more engaged. b. It makes the employee see the job as meaningful work. c. It helps the employee’s self-esteem. d. It helps other members see that employee’s value to the organization.

Business