Kiana will report under the head of natural disaster and its compensation amount is also exempt.
- In income tax, there are a total of five heads of income viz
- income from salary
- Income from house property
- Income from profits and gain of business or profession
- Income from capital gains
- Income from other sources
- Each head of income describes different features of income that are taxable.
- Income tax is a tax levied on income or profits received by an individual or entity. Income tax is usually calculated as the product of tax rate and taxable income.
- Tax rates vary depending on the type and characteristics of the taxpayer and the type of income.
Thus, Kiana's loss results from a natural disaster that is exempt under section 10(10BC).
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The answer is<u> "political risk".</u>
Political risk is among the most critical hazard factors confronting international investors. In many rising and frontier markets, the political circumstance is altogether less steady than the United States with the potential for across the board extortion and defilement.
Political risks are those related with changes that jump out at a nation's approaches administering organizations, and additionally outside elements that could influence organizations.
Answer:
Explanation:
1. Incremental cash flow is the potential increase or decrease in cash flow from an investment this could be positive or negative.
In this case in expanding a product line or launching a new project incremental cash flow could be.
a. Positive: this is the increase in cash flow due to the product launch and expansion.
b. Negative: this is the decrease in cash flow due to the product launch and expansion
2. a. Payback:
profit gotten from an initial investment equal to what was initially invested
b. Net Present Value(NPV)
This is the difference between present value of income and present value of expenditure over a period of time.
c. Internal Rate of Return(IRR)
Measure the rates of returns for an investment excluding external factors such as risk free rates, inflation e.t.c
d. Profitability Index Method (PIM)
this is the lowest acceptable measures of the rates of returns for an investment excluding external factors such as risk free rates,inflation e.t.c
Answer:
useful life= 12 years
Explanation:
Giving the following information:
Purchase price= $140,000
Salvage value= $20,000
Annual depreciation= $10,000
<u>To calculate the useful life, we need to use the straight-line method formula:</u>
Annual depreciation= (original cost - salvage value)/estimated life (years)
10,000= (140,00 - 20,000) / useful life
10,000useful life = 120,000
useful life= 120,000 / 10,000
useful life= 12 years
Answer:
The correct answer is C) generous benefits for unemployed workers.
Explanation:
Many people in a position to work see state aid as the way to dedicate themselves to household chores, instead of working in a company. This situation has a negative impact on the unemployment indicator, making one directly believe that there is a problem in this regard, when in fact it is located elsewhere. Governments should execute actions in order to achieve a better insertion of people in the labor field, and that they also see that there is a very big difference compared to the facilities offered by the state for their maintenance.
