Statement 1: Excises tax, custom duties and the VAT on importation is similarly collectible at the point of importation. Statement 2: Excise tax and the VAT on importation are similarly imposed upon landed costs. Which is false? Neither statement Both Statement Statement 1 Statement 2

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A: ln Finance the Time value is considered to find out the present value and future value of cash flow....

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Q: EXHIBIT Account Balances June 1 June 30 $ 8,517 21,798 Accounts payable Accounts receivable Accrued ...

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Q: Carla incorporated her sole proprietorship by transferring inventory, a building, and land to the co...

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A:

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A: Current liabilities = Total assets - Equity - Long term debt  

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Q: issues are often encountered in declining executive compensation

A: Executive compensation refers to the compensation for executive officers of a company.     

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.