The applicable taxes and tax incentives provided in Ghana's Minerals and Mining Act, Act 703, are as follows:
Corporate Income Tax: The Act imposes a corporate income tax on mining companies based on their chargeable income. The standard rate for corporate income tax is currently 35%.
Capital Allowances: The Act allows for capital allowances, which are deductions that can be claimed for the wear and tear or depreciation of capital assets used in mining operations. These allowances help reduce the taxable income of the company.
Loss Carryforward: The Act allows mining companies to carry forward losses incurred in previous years and offset them against future profits for tax purposes. This provision helps to mitigate the impact of losses on taxable income.
Royalties: Mining companies are required to pay royalties on their mineral production. The rate of royalties may vary depending on the specific mineral being extracted and is determined by the Minerals Commission.
Environmental Protection and Monitoring Levy: The Act imposes an environmental protection and monitoring levy on mining companies to support environmental management and monitoring activities related to mining operations.
Withholding Tax: Mining companies are subject to withholding tax on certain payments made to non-resident contractors or service providers. The withholding tax rates are specified under the Ghanaian tax laws.
It's important to note that the specific rates and provisions may be subject to change based on any amendments or updates to the Minerals and Mining Act or other tax regulations in Ghana.
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Who commanded allied troops in europe and was responsible for organizing the invasion of france?.
Answer:In May 1944, the Western Allies were finally prepared to deliver their greatest blow of the war, the long-delayed, cross-channel invasion of northern France, code-named Overlord. General Dwight D. Eisenhower was supreme commander of the operation that ultimately involved the coordinated efforts of 12 nations.
Explanation:
Why might it be more difficult to obtain a career rather than a job?
Answer:
A career is a chosen pursuit; a profession or occupation. You need to study hard to get a career unlike a job. A job is a regular remunerative position. You can literally get a job at McDonalds in less than a week, whereas you work years and years to gain a career.
Explanation:
The role of corporate support in event marketing has
in the past few decades.
a. Increased
b. Decreased
C. Remained status quo
d. Developed
The income effect of an increase in the price of salmonA) is the change in the demand for salmon when income increases.B) refers to the relative price effect—salmon is more expensive compared to other types offish—which causes the consumer to buy less salmon.C) refers to the effect on a consumer's purchasing power which causes the consumer to buy lesssalmon, holding all other factors constant.D) is the change in the demand for other types of fish, say trout, that results from a decrease inpurchasing power.Table 10-2
Income effect of an increase The correct option is A) is the change in the demand for salmon when income increases.
The possibility for spending and saving that an entity has obtained during a specific period of time is referred to as income, which is often expressed in monetary terms. [1] Income is a difficult concept to define, and different sectors could have different definitions. [2] Required Page For instance, a person's income in a legal sense and their income in an economic sense may not be the same thing. A key concept of income that is widely applied in economics is Haig-Simons income. Income is described as consumption plus net worth change.In the United States, income is defined by tax law as the sum of all wages, salaries, profits, interest payments, rent, and other forms of earnings received within a calendar year.
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hich pricing strategy involves setting a high price for an exclusive, high-end product?
Which sentence best describes how money functions as a "store of value"?
You can exchange money for goods and services. It adds to your purchasing power. It assigns value to goods and services. Its value appears in the books of accounts
It adds to your purchasing power best describes how money function as a "store of value".
What is a Store of value?An asset, product, or piece of money that can be preserved, recovered, and exchanged in the future without losing value is known as a store of value. To qualify for this category, the acquired object must increase in value over time to the same level or higher.
Due to their practically endless shelf lives, gold and other metals are stores of value. Interest-bearing assets like U.S. Treasury bonds (T-bonds) qualify for investors since they produce income while maintaining value. Milk, on the other hand, depreciates over time and is a poor store of value.
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outline 2 advantages to H&H of using secondary market research
the legal document identifying the rights and obligations of both the bondholders and the issuer is called the bond ______. this document describes the number of bonds authorized, their par value, and the contract interest rate.
Answer:
Bond indenture
hope it's correct
You have a credit card account with a previous balance of $635. You added two additional purchases for $75 and $50 during this billing period. You made a payment of $150. Your APR is 16.5%. Using the adjusted balance method, what is your new balance?
Answer:
The new monthly balance will be $618.235.
Explanation:
Since you have a credit card account with a previous balance of $ 635, and you added two additional purchases for $ 75 and $ 50 during this billing period, and then you made a payment of $ 150 and your APR is 16.5%, to determine what is your new balance using the adjusted balance method, the following calculation must be performed:
(635 + 75 + 50 - 150) x (1 + 0.165 / 12) = X
610 x 1,0135 = X
618.235 = X
Thus, the new monthly balance will be $618.235.
Using the adjusted balance method, your new credit card balance is $618.39.
What is the Adjusted Balance MethodThe adjusted balance method for calculating your finance charge uses the previous balance from the end of your last billing cycle and subtracts any payments and credits made during the current billing cycle..
Data and Calculations:Previous balance = $635
Additional purchases = $125 ($75 + $50)
Payment = $150
APR = 16.5%
Finance charge = $8.39 ($635 - $150 - $125) x 16.5%/12
Adjusted balance = $618.39 ($635 - $150 + $125 + $8.39
Thus, using the adjusted balance method, the new balance on the credit card is $618.39.
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What is an advertising mix?
a. choosing the right demographic to be your target customer
b. creating an advertising budget and a subsequent plan
c. choosing multiple advertising media to deliver your message to the target customer
d. focusing on conveying the benefits of the product before discussing its features
Answer:
C
Explanation:
Suppose there is a surge in stock market values. In the short run, we would expect the price level to ________ and the unemployment rate to ________.
In the short run, we would expect the price level to increase and the unemployment rate to decrease in response to a surge in stock market values.
As stock market values increase, consumers and investors may feel wealthier, leading to increased spending and investment. This can drive up aggregate demand and push prices higher, leading to an increase in the price level.
At the same time, firms may experience higher demand for their products and services, prompting them to hire more workers and reducing the unemployment rate.
However, these effects may be temporary and depend on a variety of factors, including the underlying causes of the surge in stock market values and the actions of policymakers.
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Period of time when unemployment rises and businesses begin to produce less and less
Answer:
Cyclical unemployment
Explanation:
The process of this happening is known as Cyclical unemployment. This is something that is common in every country around the world and tends to happen due to many reasons. Each countries economic cycle is different and follows different ranges. The United States Economic Cycle tends to happen roughly every 8 years, although this is not 100% guaranteed. When it does happen Stock Markets tend to crash which is what causes a chain reaction that leads to unemployment rises and businesses producing less and less as there is less consumer spending.
Joan is the proprietor of a manufacturing company. She purchased a machine worth $1,000 for the business on credit. How will this transaction affect the accounting equation? A. Assets ↑ (1,000) = Liabilities↑ (1,000) + Owners’ Equity B. Assets = Liabilities ↑ (1,000) + Owners’ Equity ↓ (1,000) C. Assets ↑ (1,000) = Liabilities + Owners’ Equity ↓ (1,000) D. Assets = Liabilities ↑ (1,000) + Owners’ Equity ↑ (1,000)
The effect of the purchase of the machine by Joan, on the accounting equation, is A. Assets ↑ (1,000) = Liabilities↑ (1,000) + Owners’ Equity
How is the accounting equation affected ?The accounting equation is:
Assets = Liabilities + Owner's equity
When Joan purchased a machine, this would go to the assets as machinery are fixed assets. As the assets increase, there would need to be a source of this increase.
In this case it is liabilities as Joan bought the machine on credit which means the company now owes money for the purchase of the machinery.
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cpnsider capm the risk free rate is ^5 and the expected return on the market is 18% what is the expected return on a stock with a beta of 1.3
Answer:
Expected return = 21.9 %
Explanation:
The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.
Under CAPM, Ke= Rf + β(Rm-Rf)
Rf-risk-free rate (long-term i.e 10 year treasury bill rate), β= Beta, Rm= Return on market., Ke- Return on equity (cost of equity)
This model can be used to work out the cost of equity as follows:
Ke= Rf + β (Rm-Rf)
Rf- 5%, β= 1.3, Rm- 18, E(r)- ?
Ke = 5% + 1.3×(18-5)%=21.9 %
Ke = 21.9 %
Expected return = 21.9 %
Banks keep ________ of checking deposits as reserves because on a typical day withdrawals ________ deposits.
Banks keep a fraction of checking deposits as reserves because on a typical day withdrawals exceed deposits.
This is done to ensure that banks have enough cash reserves to meet customer demands for withdrawals. Reserves are funds set aside by banks to ensure that they have enough cash on hand to meet customers' demands for withdrawals. A bank's reserves are determined by its reserve requirement, which is the percentage of deposits that must be kept on hand. The reserve requirement is established by the Federal Reserve, the United States' central bank. Banks with more than $124.2 million in deposits are required to maintain reserves.
The reserve requirement can be met in a number of ways. Banks can keep a percentage of their deposits in cash, hold them in a vault, or keep them on deposit with the Federal Reserve. Banks can also lend out their reserves to other banks. Banks are required to hold a minimum amount of reserves. This requirement is based on the amount of deposits the bank has. If a bank's deposits increase, so does its required reserve balance. If a bank's deposits decrease, its reserve balance requirement decreases. This ensures that banks have enough reserves to meet the demands of their customers for withdrawals.
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Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons
Answer: See explanation
Explanation:
Trade restrictions simply means a way of protecting the local industries. This can be through imposition of tariffs on foreign goods, use of quota etc. The importance of trade restrictions are:
1. Trade restrictions are important in the protection of the infant indutries, that is, the young industries in a country that are just growing.
2. Trade restrictions is necessary to prevent dumping of goods. This mean selling of goods at lower prices or of low quality in a country. This gives such products an unfair advantage over other goods produced in the home country.
3. Trade restrictions is vital on order to protect the strategic indutries.
4. Trade restrictions is also vital in order to protect the jobs of the people in the country. When goods are imported rather than supporting local businesses, this can lead to unemployment as workers will lose their jobs.
What are the three major types of equity accounts?
The three major types of equity accounts are investments, _________
and retained earnings.
The three major types of equity accounts are:
Common Stock: Common stock is a type of equity that represents ownership in a company. When a company issues common stock, it is essentially selling ownership shares in the company to investors. Common stockholders have voting rights and may receive dividends, which are a portion of the company's profits distributed to shareholders.
Retained Earnings: Retained earnings are the portion of a company's profits that are not distributed to shareholders as dividends but are instead retained by the company for reinvestment in the business. Retained earnings are reported as a component of shareholders' equity on the balance sheet.
Preferred Stock: Preferred stock is a type of equity that gives shareholders preferential treatment over common stockholders. Preferred stockholders typically receive a fixed dividend, which is paid out before common stock dividends, and they may have other rights such as priority in the event of liquidation. Preferred stock is often seen as a hybrid security because it has features of both equity and debt.
Note that the classification and naming of equity accounts may vary depending on the accounting standards used and the nature of the business.
How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78
Answer:
The present value is $537.78
Explanation:
Given
\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)
Required
The Present Value(I)
To calculate the present value, we simply apply the formula for future value;
\(FV = I *(1 + R)^T\)
Substitute 20,000 for FV; 50 for T and 7.5% for R;
This gives
\(20,000 = I *(1 + 7.5\%)^{50}\)
Convert percent to decimal
\(20,000 = I *(1 + 0.075)^{50}\)
\(20,000 = I *(1.075)^{50}\)
\(20,000 = I *37.19\)
Divide both sides by 37.19
\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)
\(\frac{20,000}{37.19} = I\)
\(537.778 = I\)
\(I = 547.78\ (Approximated)\)
Hence, the present value is $537.78
Which of the following state how economists define the concept of personal saving?1. Paying a fair share of income taxes2. Not spending3. That part of disposable income not consumed4. That part of gross income not consumed
Economists define the concept of personal saving as: That part of disposable income not consumed.
In this context, disposable income refers to the income that remains after taxes and other mandatory expenses have been paid, while personal saving represents the amount that an individual chooses not to spend on consumption.
In addition, personal saving also has implications for the broader economy. When households save money, it reduces the amount of money available for immediate consumption, which can lead to lower levels of aggregate demand and economic growth.
However, personal saving can also provide a source of funding for investment and capital accumulation, which can lead to increased productivity and economic growth over the longer term.
In conclusion, personal saving is a key concept in economics that refers to the portion of disposable income that an individual chooses not to spend on consumption.
It is an important indicator of financial stability for households and has broader implications for the health of the overall economy.
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Match the term with the correct description.
Free Market
Fixed Market
The government increased involvement in the economy.
The government scales back involvement in the economy.
A free market is one in which the economic system is solely supported by voluntary transaction and the principles of supply and demand, without the involvement of the government.
What other term would you use to describe voluntary?Deliberate, intentional, or willing are a few words that are frequently used as synonyms for voluntary. Voluntary means freedom or spontaneity in choice or action without any outside force, even if all of these words indicate "done and brought out of one's own will."
Why is it referred to as voluntary?When something is voluntary, it is being done of one's own free will or volition. Since all the muscles linked to the skeleton are voluntary muscles, voluntary muscles are also frequently referred to as skeletal muscles or striated muscles (because the muscle fibers make them look striated, or stripy).
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WILL GIVE BRAINLY!!!!!!!!
A shift in demand may occur within a community in all of the following cases, except a change in __________.
A. birthrate
B. immigration
C. political leadership
D. age demographic
Answer:
C. political leadership
Explanation:
A shift in the demand curve occurs in many cases except for a change in political leadership.
What do you mean by demand?Demand refers to the ability, or willingness to buy a product, goods, or services.
A change in birthrate, immigration, and age demographic are the reasons for shifting in demand but a change in political leadership does not affect the demand.
Therefore, C is the correct option.
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what is the definition of inventory stock
Answer:
they are goods and materials that a business holds for the ultimate goal of resale or repair
Identify whether each of the following accounting positions or duties involves authorization, recording, or custody: -
Cashier
check signer
inventory warehouse supervisor
staff accountant
payroll processor
Credit manager
Mailroom clerk
Data entry clerk
Deliver paychecks
Deliver the bank deposit
Prepare the bank reconciliation
17. Identify whether each of the following activities represents preventive controls, detective controls, or corrective controls:
Job rotation
Preparation of a bank reconciliation
Segregation of duties
Recalculating totals on computer reports
Use of passwords
Preparing batch totals for check processing
Establishing a code of ethics
Use of a security guard
Verifying source documents before recording transactions
Matching supporting documents before paying an invoice
Independent review of accounting reports
Performing comparisons of financial statement items
Performing comparisons of financial statement item is Detective controls.
Accounting positions or duties:
Cashier: Custody
Check signer: Authorization
Inventory warehouse supervisor: Custody
Staff accountant: Recording
Payroll processor: Recording
Credit manager: Authorization
Mailroom clerk: Custody
Data entry clerk: Recording
Deliver paychecks: Custody
Deliver the bank deposit: Custody
Prepare the bank reconciliation: Recording
Activities representing controls:
Job rotation: Preventive controls
Preparation of a bank reconciliation: Detective controls
Segregation of duties: Preventive controls
Recalculating totals on computer reports: Detective controls
Use of passwords: Preventive controls
Preparing batch totals for check processing: Detective controls
Establishing a code of ethics: Preventive controls
Use of a security guard: Preventive controls
Verifying source documents before recording transactions: Preventive controls
Matching supporting documents before paying an invoice: Preventive controls
Independent review of accounting reports: Detective controls
Performing comparisons of financial statement items: Detective controls
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One difference between a perfectly competitive firm and a monopoly is that a perfectly competitive firm produces where:.
The major difference is that; a perfectly competitive firm produces has the choice to dictate the number of products to make, whereas a monopoly system has market power.
What is the difference between perfectly competitive firm and a monopoly system.Perfectly competitive producers are those who can determine how the number of products to be made but not the price at which their output may be sold.
However, a monopolistic system has the power to dictate the price because there is only one producer and numerous customers. Hence, they possess a high market power than the perfectly competitive producers.
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an investor buys a call at a price of $5.60 with an exercise price of $51. at what stock price will the investor break even on the purchase of the call? (round your answer to 2 decimal places.)
If an investor buys a call at a price of $5.60 with an exercise price of $51. at what stock price will the investor break even on the purchase of the call is : $56.60.
How to find the stock price?Using this formula to determine or find the stock price that the investor will break even on the purchase of the call
Stock price = Exercise price + Call price
Where:
Exercise price = $51
Call price = $5.60
Let plug in the formula
Stock price = $51 + $5.60
Stock price = $56.60
Therefore the stock price is the amount of $56.60.
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four tade restrictions
Trade restrictions are government-imposed measures that limit the free flow of goods and services between countries. There are several types of trade restrictions, including:
Tariffs: Taxes imposed on imported or exported goods. They increase the price of imported goods, making them less competitive with domestic products.
Quotas: Limits on the amount of a particular good that can be imported or exported during a specific period. Quotas protect domestic producers from foreign competition by limiting the quantity of imports.
Subsidies: Financial support provided by the government to domestic producers to help them compete with foreign companies. Subsidies can take the form of direct payments, tax breaks, or low-interest loans.
Embargoes: Complete bans on the import or export of certain goods or services. Embargoes are often used as a political tool to pressure other countries to change their policies.
Each type of trade restriction has its own impacts on trade, domestic producers, and consumers. In general, trade restrictions can protect domestic producers and jobs, but they can also lead to higher prices for consumers, decreased competition, and a decrease in overall economic efficiency
Which countries take the lead in entrepreneurial activity?
a. Canada
b. Guatemala
c. India
d. Mexico
Canada is the ead in entrepreneurial activity. Because it is powerful in so many important areas, the US excels. Since entrepreneurship is essential to the US economy, legislative efforts are developed to support entrepreneurial behaviour.
The US is a fantastic environment to be an entrepreneur because of this as well as the culture of ambition and perseverance. By a wide margin, the United Arab Emirates come in first legislative place. The Netherlands and Finland were ranked as the second and third best nations for entrepreneurs and startups, respectively. India still has a lot of industries that are developing, including those in education, health, water resources, small and medium-sized businesses, and many more.
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Plzzz help me with this one
Answer:
what the question.....
I NEED HELP PLS DONT RESPOND WITH A LINK
_______ used the terms Theory X and Theory Y to describe different attitudes managers had about employees.
Douglas McGregor
Victor Vroom
Elton Mayo
Robert Colby
A sample of 26 elements from a normally distributed population is selected. The sample mean is 10 with a standard deviation of 4. The 95% confidence interval for population mean is
a) 6.000 t0 14.000
b) 9.846 and 10.154
c) 8.384 to 11.616
d) 8.462 and 11.538
A random sample of 25 statistics examinations was taken. The average score in the sample was 76 with a variance of 144. Assuming the scores are normally distributed, the 99% confidence interval for the population average examination score is
a) 70.02 to 81.98
b) 69.82 to 82.18
c) 70.06 to 81.94
d) 69.48 to 82.52
a) 70.0
In a sample of 26 elements the 95% confidence interval for the population mean is b) 9.846 and 10.154. In a random sample of 25 a 99% confidence interval for the population average examination score is b) 69.82 to 82.18
A sample of 26 elements from a normally distributed population is selected. The sample mean is 10 with a standard deviation of 4. The 95% confidence interval for the population mean is
b) 9.846 and 10.154
The formula for the 95% confidence interval for the population mean is:
X ± z*(σ/√n)
where X is the sample mean, σ is the population standard deviation, n is the sample size, and z is the z-score corresponding to the desired level of confidence (in this case, 95%).
Substituting the given values, we get:
X ± 1.96*(4/√26)
Simplifying, we get:
X ± 1.08
Therefore, the 95% confidence interval for the population mean is (9.02, 11.08).
A random sample of 25 statistics examinations was taken. The average score in the sample was 76 with a variance of 144. Assuming the scores are normally distributed, the 99% confidence interval for the population average examination score is
b) 69.82 to 82.18
The formula for the 99% confidence interval for the population mean is:
X ± z*(σ/√n)
where X is the population mean, σ is the population standard deviation, and n is the sample size.
Substituting the given values, we get:
X ± 3.48*(144/√25)
Simplifying, we get:
X ± 2.73
Therefore, the 99% confidence interval for the population mean is (69.82, 82.18).
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