Using the same data in the previous question, what is the income tax due if Sandbox is a resident foreign corporation? P50,000 P40,000 P87,500 P70,000
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- AMg eru w Question The economy records the following transactions: . Imports of goods and services: $1569 billion Exports of goods and services: $1152 billion . Interest paid to the rest of the world: $500 billion Interest received from the rest of the world: $400 billion . US official reserves, -$10 billion Net Transfers: -$81 billion Investment in US from foreigners: $1440 . US investment abroad: $860 a. Calculate the Current Account balance, the Financial Account (Capital ACcount) balance: (No Dollar symbols) CA Balance: (hint: answer is negative) FA Balance: b. What is the statistical discrepancy? c. Is this country an 'Importer' or 'Exporter' of goods and services?Country/Currency in US$ per US$ Americas Argentina peso .0167 60.0116 Brazil real .2391 4.1816 Canada dollar .7608 1.3145 Chile peso 001287 777.3 Colombia peso .000297 3365.07 Ecuador US dollor 1 Mexico peso .0532 18.7872 Uruguay peso .02678 37.34 Asia-Pacific Australian dollar .6825 1.4652 1 month 3 month .6822 1.4659 .6813 1.4678 6 month .6799 1.4708 China yuan .1442 6.9367 Hong Kong dollar .1287 7.7725 India rupee .01402 71.316 Indonesia rupiah 0000737 13573 Japan yen 1 month .00915 109.28 .00915 109.29 3 month .00915 109.30 6 month .00915 109.31 Kazakhstan tenge .00264 378.6 Macau pataca .1248923 8.007 Malaysia ringgit .246 4.0655 New Zealand dollar .6607 1.5135 Pakistan rupee .00647 154.63 Philippines peso .0197 50.801 Singapore dollar .7400 1.3514 South Korea won .0008546 1170.2 Sri Lanka rupee .0055063 181.61 Taiwan dollar .03328 30.05 Thailand baht .03272 30.56 Vietnam dong .00004315 23173 Europe Bulgaria lev .56382 1.774 Croatia kuna .1481 6.75 Czech Republic koruna .04381…How much foreign exchange gain (loss) will you recognize on December 31, 20x1? 100,000 (100,000) 200,000 (200,000)
- FRED Millions of Dollars -20,000 -40,000 -60,000 -80,000 -100,000 -120,000 -B Trade Balance: Goods and Services, Balance of Payments Basis 1995 2000 2000 2005 2010 2015 Sources: U.S. Census Bureau; U.S. Bureau of Economic Analysis Customize | Download Data | FRED - Economic Data from the St. Louis Fed 2020 1. Is the United States currently in a trade deficit or a trade surplus situation? 2. What is the most recent amount of deficit or surplus? 3. There's a time between July 2008 and February 2009 when the value of the trade deficit changed substantially. Did the trade deficit increase or decrease during this time?New PhilHealth Contribution Table 2021 P10,000.00 P350.00 2021 3.50% P350.00 to P2,450.00 P10,000.01 to P69,999.99 P70,000.00 P2,450.00The Current Account Exports of g&s minus Imports of g&s $3,000 $2,000 $50,000 $2,000 $2,000 $80,000 Net income on factors held abroad Net transfers from foreigners to U.S. The Financial Account foreigners' purchases of domestic $21,000 $30,000 assets minus domestic residents' purchases of foreign assets A. +29,000 B. +80,000 What additional capital inflows are needed in C. +51,000 order for the Balance of Payments accounts to balance?
- Compensation income, Philippines, P800,000 Gross business income, Philippines, P1,200,000 Business expenses, Philippines, P 800,000 Gross business income, Canada, P600,000 Business expenses, Canada, P 500,000 Dividend income from a domestic corporation, P 60,000 Dividend income from foreign corporation, P 50,000 Interest income from peso bank deposit, Philippines , P 30,000 Interest income from bank deposits, Canada, P 40,000 Interest income from FCDS deposits, P 50,000 Royalty income from literary works, P 35,000 Raffle draw winnings, Philippines, P 10,000 PCSO Lotto winnings, P 200,000 Creditable withholding taxes on business income, P 125,000 Based on the following data above, what is the taxable income?Table 6.8 $Billions Deprediation Receipts of factor income from the rest of the world Govermment purchases Imports Payments of factor income to the rest of the world Net private domestic investment Personal income taxes 20 40 150 50 40 160 80 Personal consumption expenditures 700 Dividends 10 Exports Amount of national income not going to households 70 30 Refer to Table 6.8. The value for GNP in billions of dollars is Select one: O a. 990. O b. 1.080. Oc. 1,050. Od. 1.200. ENG 40 a DA W-Question 41 Use the table given below to calculate GDP using the expenditure approach: Personal Consumption Spending $850 Interest $ 90 Corporate Profit $150 Government Purchases $400 Depreciation $100 Rent $ 70 Gross Private Domestic Investment $120 Compensation of Employees $830 Exports $120 Imports $ 70 Indirect Business Taxes $ 80 Proprietors’ Income $120 Personal Income Tax $110 Income Earned but Not Received $140 Income Received but Not Earned $160 Receipt of Factor Incomes from the Rest of the World $ 50 Receipt of Factor Incomes to the Rest of the World $ 30 Question 41 options: a) $1260 b) $2460 c) $1540 d) $1420
- Canadian Denmark Euro S per Foreign Currency $.7800 $.2000 $.9900 Foreign Currency per $ 1.2821 5.0000 1.0101 a. How many Canadian dollars would you receive for $500? b. A Mercedes costs Euros 130,000. How many $ would you need? c. What is the cross rate of Canadian $ and Denmark?If Canadian purchases of foreign real estate are $100 million, Canadian purchases of foreign-country bonds are $50 million, foreign purchases of Canadian real estate are $75 million and foreign purchases of Canadian bonds are $35 million, then the capital account balance is equal to million. O a. - $40 Ob. + $90 Ос. -$10 O d. - $90 O e. + $40ABC Corporation has the following data for the 2019: Gross Income, Philippines P2,500,000 1,000,000 1,500,000 800,000 Expenses, Philippines Gross Income, Japan Expenses, Japan Interest on bank deposits, Philippines How much is the income tax due if ABC Corporation is a foreign corporation with no branch or office in the Philippines? O P756,000 OP664,000 O P660,000 OP450,000 20,000 K