Once the basic necessities have been achieved, future income is only lightly connected to well-being. democrats generally seek to tax future income to finance programs that meet basic needs, including food, clothing shelter, retirement security and health care. republicans, in contrast, seek to protect future income from taxation, often at the expense of meeting the basic needs of the less fortunate. so which of our two main political parties is more concerned with achieving broad happiness, and which party is more concerned with fulfilling selfishness?

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?

Which feature is a characteristic of a corporation?