USAco, a domestic corporation, manufactures widgets for sale worldwide. In year 2020, USAco had $10 million of net income related to sales of products it manufactures in the US, of which 3 million relates to sales to customers outside the US. USACO also owns a factory, which it uses to produce the above income, and which has an average adjusted U.S. tax basis of $40 million (taking into account the straight-line depreciation method). As a result of these activities, USACo will be allowed a Foreign Derived Intangible Income ("FDII") deduction of _______________

Answers

Answer 1

Answer:

USAco

As a result of these activities, USACo will be allowed a Foreign Derived Intangible Income ("FDII") deduction of _______________

$236,250.

Explanation:

a) Data and Calculations

Net income = $10 million

Export sales income = $3 million

Normal tax on $3 million at 21% = $630,000

FDII 13.125% tax on $3 million = $393,750

Difference = $236,250

b) A foreign derived intangible income (FDII) arises from the ownership, sale, or exchange of intangible property, patents, copyrights, trademarks, trade names, or other products tied to intangible assets by USACo, which entitles it to make a tax deduction of the calculated amount or to be taxed at a reduced tax rate of 13.125% instead of the normal 21% corporate tax rate.  The FDII is aimed at encouraging US-based corporations to export more goods and services while locating more intangible assets in the US.


Related Questions

Assume that you will be opening a savings account today by depositing $100,000. The savings account pays 5 percent compound annual interest, and this rate is assumed to remain in effect for all future periods. Four years from today you will withdraw R dollars. You will continue to make additional annual withdrawals of R dollars for a while longer – making your last withdrawal at the end of year 9 – to achieve the following pattern of cash flows over time. (Note: Today is time period zero; one year from today is the end of time period 1; etc.) How large must R be to leave you with exactly a zero balance after your final R withdrawal is made at the end of year 9? (Tip: Making use of an annuity table or formula will make your work a lot easier!)

Answers

Answer:

5000

Explanation:

100,000x5%= 5000

5000x4 years= 20,000x5%= 1000

5000x5=25,000x5%= 1250

1250+ 1000= 2250

R= 1750

5000-2250-1000= 1750

I might be wrong

To achieve a zero balance after the last withdrawal at the end of year 9, the annual withdrawal R should be approximately $8,808.88.

Find the value of R, by using the formula for the future value of an ordinary annuity:

[tex]FV = R * [(1 - (1 + r)^{-n}) / r][/tex]

where:

FV = Future Value of the annuity

R = Regular annuity payment

r = Periodic interest rate

n = Number of periods

FV of annuity = [tex]R * [(1 - (1 + 0.05)^{-6}) / 0.05][/tex]

where R is the annual withdrawal, and we want the future value of the annuity to equal the future value after 4 years.

Calculating the future value after 4 years of the $100,000 initial deposit at a 5% annual interest rate:

[tex]\text{Future Value (FV) after 4 years} = \$100,000 * (1 + 0.05)^4 \\= \$100,000 * 1.21550625 \\= \$121,550.63[/tex]

Set the FV of the annuity equal to the FV after 4 years and solve for R:

[tex]$121,550.63 = R * [(1 - 1.21550625^{-6}) / 0.05][/tex]

Now, solving for R:

[tex]R = $121,550.63 / [(1 - 1.21550625^{-6}) / 0.05]\\R = $8,808.88[/tex]

So, to achieve a zero balance after the last withdrawal at the end of year 9, the annual withdrawal R should be approximately $8,808.88.

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Requisitioning an OTC item to use for script fulfillment included

Answers

Requisitioning an OTC item to use for script fulfillment included is scanning the price barcode in the QT exception screen.

For the fulfillment of medication requests corresponding to included medication units, a system and accompanying technique are offered.

A patient care provider may receive decision data from requisition fulfillment logic to aid in choosing one of a variety of fulfillment venues to fill a specific drug demand.

A requisition router may direct the pharmaceutical request to a particular fulfillment site among the many options.

In respect to the related medication requisitions that they have completed, the fulfillment sites may provide medication requisition metadata (such as information about the preparation and handling of medicine units) to a medication requisition database.

Therefore, scanning the price barcode in the QT exception screen. is the answer.

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Question 1
Stargate Corporation is considering two projects of machinery that perform the same task. The required rate of return for these projects is RM10%. The projects’ expected cash flows are as follows:

Year Machine MIR (RM) Machine ZA (RM)
0 (17,000) (17,000)
1 8,000 2,000
2 7,000 5,000
3 5,000 9,000
4 3,000 9,500

Based on the above information, you are required to make an analysis for the decision of Capital Budgeting based on the following techniques:

(a) Net Present Value, NPV
(b) Profitability Index, PI

Answers

NPV = Initial cash outlay + PV of all the cash inflows.

PV of cash flow at time n = Cash flow at time n/ ((1+r)^n).

NPV = - CF0 + (CF1/((1+WACC)^1)) + (CF2/((1+WACC)^2)) + (CF3/((1+WACC)^3)) +  (CFn/((1+WACC)^n)).

Profitability Index (PI)=

1 + (NPV/Initial Investment).

 Machine MIR (RM)         Machine ZA (RM)

Years Total Cash flows PV Total Cash flows PV

0                      (17,000)          (17,000.00)                 (17,000)                 (17,000.00)

1                          8,000              7,272.73                     2,000                     1,818.18

2                          7,000              5,785.12                     5,000                     4,132.23

3                          5,000              3,756.57                     9,000                     6,761.83

4                          3,000              2,049.04                     9,500                     6,488.63

Required return 10.00% 10.00%  

 NPV                1,863.5 NPV                      2,200.9

 PI                     1.11 PI                            1.13

The most important feature of the net present value method is that it is based on the idea that future dollars will be less valuable today than bank dollars. Future cash flows are discounted to date to determine their value.

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Question 6 10 points In one case, the pilot of an Airbus A320 jet with 200 passengers on board fought to prevent a crash. The aircraft would not turn left no matter what the pilot tried. After a high-speed emergency landing, it was found that engineers had failed to reactivate four of the five spoilers on the right wing. Which type of failure occurred in this scenario? A. supplier failure. B, staff failure C. design failure D. facility failure​

Answers

The type of failure occurred in this scenario is option C: design failure.

What is failure in engineering design?

Failure is known to occur due to the deficient in the product design, and it is one that can show that there was a faulty process.

Note that in the case above, since the problem was from those who made the aircraft, therefore, the type of failure occurred in this scenario is option C: design failure.

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Self-assessment tools can help you choose an academic major by

A. Helping you Identify your interests

B. Comparing lifetime earnings

C. Suggesting financial solutions

D. Choosing for you

Answers

Option A. Self-assessment tools can help you choose an academic major by A. Helping you Identify your interests.

What are self assessment tools?

This is the term that is used to refer to the tools that can help a person choose career by letting them know what there interest are.

This tool helps the person to gather more information about herself which would help in the decision making.

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When we perceive someone as a trouble maker, this may be a perception not a real characteristic of a person?

Answers

I think if I perceive someone a certain way, then it means I saw something in their behavior that caused me to view them as such.

If I perceive someone as a troublemaker, then something in their behavior suggested that they make trouble. Of course I could be wrong. But in general, someone’s characteristics gives people certain perceptions of them (not taking into account prejudgement as soon as seeing the person).

The adjusted trial balance of Sheri dan Company at December 31, 2022, includes the following accounts: Owner's Capital $16,000, Owner's Drawings $7,700, Service Revenue $38,800, Salaries and Wages Expense $15,200, Insurance Expense $2,700, Rent Expense $3,100, Supplies Expense $1,200, and Depreciation Expense $1,200.
Prepare an income statement for the year.

Answers

Proof of income statement.

Revenue    

Service revenue   38300

Expense    

Salaries and wages expense 15700  

Insurance Expense 2300  

Rent Expense  4600  

Supplies expense 1200  

Depreciation Expense  1400  

Total expense   25200

Net income   13100

Sales are the sum of the revenue generated from the sale of goods or services related to the company's main activities. Income, also known as gross income, is often referred to as the "top line" because it is at the top of the income statement. Income or net income is the total profit or profit of the business.

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The process of evaluating and planning for long-term investments is called budgeting.

Answers

The process of evaluating and planning for long-term investments is called Capital budgeting

This is further explained below.

What is Capital budgeting?

Generally, A company will go through the process of capital budgeting in order to assess the viability of proposed big expenditures or projects. Before a decision to accept or reject a project can be made, it must first go through the process of capital budgeting. Some examples of projects that need this step are the construction of a new factory and a significant investment in an outside enterprise.

In conclusion,  Capital budgeting refers to the act of analyzing and organizing one's finances with regard to long-term investments.

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What is the interest expense on December 31?

Answers

The interest expense on December 31 of the first year is $5,250.

What is the interest expense on bonds?

The interest expense for a bond that has the same coupon rate as the market rate is always the same for all periods of the bond.

This shows that the bond was issued at neither premium nor discount but at par.

Data and Calculations:

N (# of periods) = 20

I/Y (Interest per year) = 7.5%

PMT (Periodic Payment) = $5,250 ($140,000 x 7.5% x 1/2)

FV (Future Value) = $140,000

Results:

PV = $140,000.00

Sum of all periodic payments = $105,000 ($5,250 x 20)

Total Interest = $105,000

Schedule

Period        PV              PMT           Interest        FV

1           $140,000     $5,250 $5,250    $140,000

2          $140,000    $5,250         $5,250   $140,000

Thus, the interest expense on December 31 of the first year is $5,250.

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Assume that you and your classmates are board members of a child care and education center for 60 preschool children located in a community center building. They had asked you to set up the program four years ago. Now the community center director feels he needs your space for additional adult activities during the day. You need to move out of the building in 30 days. What will you do? Consider all the options, and then make a plan.​

Answers

The best plan for you would be to write to the education board regarding the issues that you are facing.

What are the functions of the local education board?

The education board in a local area can help to do the following

Employ a school superintendentdevelop school policiesDevelop curriculumTake care of all issues that have to do with facilities.

Hence the best thing would be to let them know of the issues you are facing in order to determine the best help necessary.

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A test of H0: m = 60 versus H1: m < 60 is performed using a significance level of alpha = 0.05. The value of the test statistic is z = –2.07. Is H0 rejected?
No
Yes

Answers

Yes, the value of the test statistic is z = –2.07. Yes H0 is rejected.

For example, if the required significance level for a result is 0.05, the corresponding value of z must be greater than or equal to z* = 1.645 (or less than or equal to -1.645 for the one-sided alternative). mean is smaller than the null hypothesis).

If the p-value is less than 0.05, reject the null hypothesis that the means are not different and conclude that the difference is significant. If the p-value is greater than 0.05, you cannot conclude that there is a significant difference.

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Banks were recently accused of_____ as apparently female staff are often paid 40% less than their male counterparts.​

Answers

Answer:

paying female staffs less salary

Hope it helps.........

How can support units deliver functional and services to support the organization?

Answers

Answer:

whenimetuindasumma

Explanation:

tomyheartbearsound

At the end of the current year, Accounts Receivable has a balance of $825,000; Allowance for Doubtful Accounts has a credit balance of $7,500; and sales for the year total $3,710,000. Bad debt expense is estimated at 1/4 of 1% of sales.

A) Determine the amount of the adjusting entry for uncollectible accounts.
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.

Accounts Receivable:
Allowance for Doubtful Accounts:
Bad Debt Expense:

c. Determine the net realizable value of accounts receivable.

Answers

A. The amount of the adjusting entry for uncollectible accounts is $1,775.

B. The adjusted balances of the Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense are:

Accounts Receivable: $4,535,000

Allowance for Doubtful Accounts: $9,275

Bad Debt Expense: $1,775

C. The net realizable value of the accounts receivable is $4,525,725.

What is the net realizable value of accounts receivable?

The net realizable value of accounts receivable is the estimated collections that can be recovered from credit customers.

It is the difference between the total credit sales and the allowance for doubtful accounts.

Data and Calculations:

Ending balances:

Accounts Receivable  $825,000 DR

Allowance for Doubtful Accounts $7,500 CR

Sales = $3,710,000

Estimated bad debt expense = 0.0025 (1/4 of 1%) of sales

= $9,275 ($3,710,000 x 0.0025)

A. The amount of the adjusting entry for uncollectible accounts is $1,775 ($9,275 - $7,500).

B. The adjusted balances of the Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense are:

Accounts Receivable: $4,535,000 ($825,000 + $3,710,000)

Allowance for Doubtful Accounts: $9,275

Bad Debt Expense: $1,775

C. The net realizable value of the accounts receivable is $4,525,725 ($4,535,000 - $9,275).

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five fundamental economic problems​

Answers

Answer:

Explanation:

What to produce and what quantity to produce?

How to produce?

For whom to produce the goods?

How efficient are the resources being utilised?

Is the economy growing?

A traveler needs to _____________ only when upon returning from an international trip.
agree to hand inspection of baggage
fill out a Customs Declaration Form
pass through airport security
show a form of government identification

Answers

A traveler needs to show a form of government identification only when upon returning from an international trip.

US ID cards are usually local state-issued driver's licenses or ID cards, but social security cards (or just social security numbers) and US passport cards also serve as national ID cards.

A valid government-issued ID must include a photo, current address, signature, and a unique number or barcode associated with the individual (driver's license, passport number, etc.). ID) When submitting Form DS-11 in the following cases: 18 years or older. parent or legal guardian

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A swedish children’s toy company is sending its toys to other countries in south america to sell through various distributors. What is this type of entry strategy called?.

Answers

The type of strategy that is used by the Swedish company is what is referred to as exporting.

What is exporting?

Thisn is the term that is used in business and in commerce to refer to the fact that businesses are sending their products to other nations that ahve the need for them.

Exporting is a way that nations get the resources that they do not have in their home nations. Countries trade with themselves through imports and exports.

The company is sending its toys to South America, hence we can say that they are engaged in exporting of goods to the countries.

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Amazon is the dominant firm in the online shopping service industry, which has a total market demand given by Q = 100 – 2 P. Amazon has competition from a fringe of four small firms that produce where their individual marginal costs equal the market price. The fringe firms each have total costs given by TCi = 10 Qi + Q 2 i. If Amazon’s total costs are given by TCA = 10 + 10 QA, what price should Amazon establish for online shopping service?

Answers

The price that Amazon has to establish for their online shopping should be $20.

How to solve for the price

We have the price function as

P = 10 + 2Qi

Make Qi subject

= Qi = 0.5P - 5

4 firms with identical features

This would give us  

Qs = 4Qi

Qs = 4(0.5P -5)

Qs = 2p - 20

Q = 100 - 2p

Qa = Q - Qs

(100 - 2P) - (2P -20)

Take like terms

100 - 2p - 2p + 20

100 - 4p + 20

Qa = 120 - 4p

Make p subject

p = 120 - Qa / 4

p = 30 - 0.25Qa

TRa = p*Qa

= (30 - 0.25Qa)Qa

= 30Qa - 0.25Qa²

MRa

=  30 - 0.5Qa

TCA = 10 + 10QA

=  ΔTCA / ΔQA

= 10

30 - 0.5QA = 10

Take like terms

30 - 10 = 0.5Qa

divide through by 0.5

20/0.5 = Qa

40 = Qa

Output produced =  40.

We have P as

30 - 0.25QA

P = 30 - 0.25( *40)

= 20

Hence the price that Amazon has to establish for the online shopping should be $20

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You have an employee that works remotely. Your business is located on one side of Alberta, and the employee works on the opposite side of Alberta. You realize that you need the employee to work at your physical business location. What must you pay your employee, so they receive $3000 after all mandatory deductions, which are at 38.165%?

Answers

Answer:

$4887.18

Explanation:

38.165% of what you pay your employee will be manually deducted. The other 61.835% must equal $3000. If 61.835% = 3000, 100% (total pay) = 4887.1874

You would need to pay your remote employee approximately $4844.76 as gross pay so that they receive a net amount of $3000 after deducting 38.165% for mandatory deductions.

What must you pay your employee, so they receive $3000 after all mandatory deductions, which are at 38.165%?

To ensure your employee receives a net amount of $3000 after all mandatory deductions at a rate of 38.165%, you'll need to calculate the gross pay before deductions.

Let G be the gross pay before deductions. The formula to calculate the gross pay is:

Gross Pay (G) = Net Pay / (1 - Deduction Rate)

Substituting the given values:

G = $3000 / (1 - 0.38165)

G = $3000 / 0.61835

G ≈ $4844.76

Therefore, you would need to pay your remote employee approximately $4844.76 as gross pay so that they receive a net amount of $3000 after deducting 38.165% for mandatory deductions.

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 17 What is the share price when the price-to-earnings (P/E) multiple of a comparable company is 6.5​

Answers

If the P/E ratio is 6.5 the share price of the company can be determined if the earnings per share or the total earnings and the total number of shares of a company.

What is Share Price?

Share price is the price quoted in the market for the exchange of 1 share of the company. Company have a large number of ordinary shares, which is circulated in the stock market where the shares are purchased by individuals.

If the Earnings per share ratio is available the share price can be determined as the P/E ratio is Price over Earnings ratio.

Share Price is divided by the Earnings per share to calculate the P/E ratio which is 6.5 in the given question.

The price should be considered as x and the earnings per share to be multiplied by the P/E ratio that is 6.5.

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True or false: We always behave in ways that are congruent with our personality type.

Answers

False, the way we behave depends heavily on the situations we are in but how we behave isn’t always consistent with our personality type. For example if you were in danger you wouldn’t act extroverted, you would most likely be timid or anxious or something but that doesn’t change your personality, it’s just the situation you are i

We always behave in ways that are congruent with our personality type. This statement was the false. Thus, option (b) is correct.

What is personality?

The term "personality" refers to a person's characteristics of thinking, believing, and perceiving. The personality always reflects the person's identity. The personality not only developed the look but also helped with the growth. For example, a celebrity always maintains her personality. Personality reduced the conflict and damage.

A person should behave according to the situation. The person does not always behave the same. It depends on the situation and according to the mood of the person.

The personality reflects the person's looks and behavior. A person's personality fluctuates when it doesn't behave congruently.

As a result, we always behave in ways that are congruent with our personality type it totally false. Therefore, option (b) is correct.

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e tide of public opinion! CGTN, a think tank affiliated with China's China Media Group, has released a survey to global Netizens in six official languages of the United Nations. As many as 83.1 percent of respondents supported the WHO's investigation into the origin of the virus in the U.S. The eyes of the people are sharp.

Answers

By inference, the conclusion from the above text is suggestive of the fact that 83.1% of Netizens, that is internet citizens share the opinion that WHO was right to have investigated the Origin of the Virus in the United States of America. This is about public opinion.

What is public opinion?

Public opinion simply refers to the of the vast majority of people with regard to an idea or topical discourse.

In commerce, it is important for the players at every level to take public's opinion very important because they are reflective of what most are thinking and would influence the direction of flow of wealth. In politics, it would speak to the direction of influence.

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Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 800,000 units, the company pays $600,000 in production costs, half of which are fixed costs. At that volume, general, selling, and administrative costs amount to $250,000, of which $70,000 are fixed costs. What is the amount of contribution margin per unit?

Answers

Based on the fixed costs of the Rocky Mountain Bottling Company, the contribution margin per unit is $0.40 per unit

How is the contribution margin found?

First, find the variable costs:

= 300,000 + (250,000 - 70,000)

= $480,000

The contribution margin per unit is:

= (Sales - variable costs) / number of units

= (800,000 - 480,000) / 800,000

= $0.40 per unit

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Select each of the tasks associated with opening a checking account.

Run a credit report.
Complete a W-2 form.
Verify the account.
Deposit at least the minimum balance.
Provide information such as name, address, date of birth, and Social Security Number.
Provide identification.
Sign an authorization card.

Answers

Tasks associated with opening a checking account are:

Provide information such as name, address, date of birth, and Social Security Number.Provide identification.Deposit at least the minimum balance.Sign an authorization card.

A checking account makes it simple to access your money for daily transactions while also keeping it safe. Typically, customers can pay their bills or make purchases using a debit card or a cheque. Different methods may be available for accounts to help avoid the monthly service charge.

A checking account's main function is to store your money in a safe location for a brief period of time, making it accessible when you need it to cover bills and other costs.

Customers who open checking account consent to make deposits into the account, and in return, the bank is obligated to carry out their payment instructions.

Before creating a checking account, it is important to weigh your options and find out whether or not the entity will charge you for maintaining the account and any related items. Being of legal age and fulfilling the conditions established by the chosen financial institution are the second prerequisites you must meet in order to open a checking account.

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is andre de ruyter actively involved in the decisions making

Answers

Yes, Andre de Ruyter has been actively involved in the decisions making.

State-owned electricity company Eskom in South Africa, according to Group CEO André de Ruyter, is at a crossroads. The CEO of the electricity company was questioned by Professor Anton Eberhard, at the Graduate School of Business at the University of Cape Town.

With the exception of Medupi and Kusile, Eskom's fleet of coal-fired power plants is, on average, 41 years old. These power plants have not been maintained properly and have been operated far more aggressively than permitted by international standards.

He claims that Eskom is still looking for funding possibilities. To enable private investors in a generation, it is crucial to distinguish Eskom's historical debt from its prospects for development in both generating and transmission, and distribution projects.

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John Regan, an employee at Home Depot, made deposits of $800 at the end of each year for 4 years. Interest is 4% compounded annually. What is the value of John’s annuity at the end of 4 years? (Use Table 13.1.) (Do not round intermediate calculations. Round your answer to the nearest cent.)

Answers

John Regan, an employee at Home Depot, made deposits of $800 at the end of each year for 4 years.  The value of John’s annuity at the end of 4 years is; John's annuity $3,397.20. This is further explained below.

What is an annuity?

Generally, An annuity is a kind of financial instrument that provides its owner with a predetermined and ongoing stream of payments. This type of product is often purchased by retirees in order to supplement their income during their golden years.

In conclusion, During his four years as an employee at Home Depot, John Regan deposited a total of $8,000 at the conclusion of each calendar year. At the conclusion of four years, John's annuity will be worth $3,397.20, which is the value of John's annuity.

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What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?

Answers

What is the impact on cash flow from operations in the current year based on the change in operating assets and liabilities listed below?

Correct options is A

Moss Co. issued $100,000 of five-year, 11% bonds with interest payable semiannually, at a market (effective) interest rate of 8%. Determine the present value of the bonds payable, using the present value tables in Exhibit 8 and Exhibit 10.

Note: Round to the nearest dollar.

Answers

The present value of the bond payable is $120,130.

What is the present value?

The present value of the bond is the sum of the the bonds discounted cash flows.

Present value can be calculated using a financial calculator:

Cash flow each year from period 1 to 10 : 11% x 100,000 = 11,000Cash flow in period 20 : 100,000 Interest rate = 8%

Present value = $120,130.24

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Discuss the principles of management.


Please help

Answers

The principles of management are scientific principles that enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.

What are the principles of management?

The principles of management enunciated by Henri Fayol enable managers to become efficient and effective include:

Division of WorkDisciplineUnity of DirectionUnity of CommandRemunerationScalar ChainOrderEquityInitiativeEsprit de CorpsThe Degree of CentralizationAuthority and ResponsibilitySubordination of Individual InterestStability of Tenure of Personnel.

These principles of management provide guidance to managers in their decision-making and management activities.

Thus, the principles of management enable managers to make organizational decisions, accomplish tasks, and achieve organizational goals.

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a client company is selling high value specialized assets, and your company has specialist expertise. your firm is approached by 4 potential bidders. can you work for more than one bidder?

Answers

The inference based on the information given about the bidders is that one can't work for more than one bidder.

What is an inference?

It should be noted that an inference simply means the conclusion that can be deduced based on the information given.

Here, one can't work. for more than one bidder as there will be a clash of interest and bias.

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