true or false?
11 In determining the selling price of a special order that can be completed using existing capacity, the fixed costs per unit should be included in the consideration of the costs of the special order
Answers
The given statement, " In determining the selling price of a special order that can be completed using existing capacity, the fixed costs per unit should be included in the consideration of the costs of the special order" is true as special order should be accepted when its client's price is more than cost.
The process of determining the lowest price of a good or service at which a special order may be accepted and below which a special order should be denied is known as special order pricing. The majority of the time, clients will place special orders at a discounted price. When this is the case, the company will decline the special order if it can sell all of its products for the standard price.
Special order considerations include the choice of whether to accept special client orders. These inquiries sometimes include a request for a discount or special handling. The most important consideration when handling customized orders is if the vendor can make an additional profit by accepting the request.
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Related Questions
the controversial stuttgart 21 project wanted to utilize public land for redevelopment based on which specific use?
Answers
The controversial Stuttgart 21 project, which sparked protests and demonstrations in Germany, aimed to utilize public land for the redevelopment of the Stuttgart railway station and its surrounding areas. The specific use of this redevelopment was to modernize the railway system and create a new underground train station, as well as improve the city's overall transportation infrastructure. However, the project faced significant opposition due to concerns about its environmental impact and the potential displacement of local residents and businesses.
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Which of the following is NOT an example of a job skill?
A. attending work every day
B. being good with computers
C. being creative
D. working well in groups
Answers
Answer:
attending work everyday
Explanation:
Its not a skill its a priority.
Some examples of a job skill are being good with computers, being creative or working well with a team but attending work every day is not a skill. Therefore a is correct here.
Why do job skills matter?Job skills are important because they are those collections of skills that can help a person to complete a work. There are various kinds of work skills such as workplace skills, technical skills, transferable skills etc.
Workplace skills are those personal skills that ensure that we do our job well, for instance, teamwork. Technical skills are those skills that are required for a specific job such as coding. And transferable skills are those skills which we take from one job to another.
Some of the skills required are communication, change management, professional development, storytelling, planning, influencing, decision-making, problem-solving, and human resources.
Job seekers should always be ready to learn new skills because employers prefer such employees.
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Question 22 of 25
Why does the growth of international trade lead to a rising global standard of
living?
A. International trade creates profitable investment opportunities for
currency speculators.
B. International trade results in a gain of comparative advantage for
developing countries.
C. International trade enables specialization, which brings increased
efficiency and greater competition.
D. International trade leads to trade wars that require countries to
increase their productive capabilities.
Answers
The growth of international trade lead to a rising global standard of living because C. International trade enables specialization, which brings increased
What is International trade?International trade allows countries to specialize in the production of goods and services in which they have a comparative advantage, meaning they can produce these goods and services at a lower cost than other countries.
Therefore, By specializing, countries can increase their efficiency, reduce their costs, and improve the quality of their products, which in turn makes them more competitive in the global market. This increased efficiency and competition can lead to higher economic growth, which can improve the standard of living for people in participating countries.
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which of the following documents does a domestic limited partnership require to be allowed to operate in another state?
Answers
To operate a domestic limited partnership in another state, the partnership typically requires a document called a Certificate of Authority.
A domestic limited partnership is a business structure that consists of one or more general partners who manage the business and are personally liable for its debts, and one or more limited partners who invest capital but have limited liability. When a domestic limited partnership wants to expand its operations into another state, it must comply with the laws and regulations of that state.
Obtaining a Certificate of Authority is a common requirement for foreign entities, including domestic limited partnerships, to conduct business in another state. The specific name and process for obtaining this document may vary from state to state, as it can be referred to as a Certificate of Authority, Certificate of Registration, Foreign Qualification, or a similar term.
The Certificate of Authority typically requires the domestic limited partnership to file an application or form with the Secretary of State or the relevant state agency responsible for business registrations. The application usually includes information such as the partnership's legal name, principal place of business, registered agent, purpose of the business, and details about the general and limited partners.
By granting the Certificate of Authority, the state acknowledges that the domestic limited partnership has met the necessary requirements to operate in that state. It allows the partnership to legally conduct business activities, enter into contracts, hire employees, open bank accounts, and comply with tax obligations within the jurisdiction.
So, a domestic limited partnership requires a Certificate of Authority (or similar document) to be allowed to operate in another state.
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Which of the following is an acceptable way of learning the skills necessary to
become successful in your career of choice:
a) attend a traditional college or university
b) attend a vocational school
c) participate in an apprenticeship
d) all answers are correct
Answers
Answer:
all answers are correct
All answers are correct
does investing make you money
Answers
Answer:
YES IT DOES (My Mom's studying business)
Explanation:
BOX 2.5 Case Highlight Limiting Imports of Hormone-Treated Beef Case Name and Tribunal European Communities-Measures Concerning Meat and Meat Products (Hormones) (WTO Appellate Body, 1998)17 Facts In response to concerns of EU citizens about the risks presented by beef injected with natural and synthetic growth hormones, the European Union imposed a ban on the import of such beef. The United States challenged the restriction under the SPS Agreement, claiming that the panel reviewing the issue evalu- ated the risk associated with the use of hormones for growth promotion twice and the only evidence on record showed that the studies looked at a "theoretical framework for the systemic analysis of such problems" but did not actually investigate and evaluate the problems that arise from the use of such hormones. Issue Did the EU's ban on hormone-treated beef comply with the re- quirements of the SPS Agreement? Decision A risk assessment, as required by Article 5.1, is "a scientific process aimed at establishing the scientific basis for the sani- tary measure a Member intends to take." The ban was found not to be based on a risk assessment that followed scientific principles and procedures and, therefore, was in violation of the SPS Agreement. Analysis/Application In order to rely on exceptions to the GATT under the Agree- ment on Technical Barriers to Trade (TBT Agreement), member states must rely on sound scientific principles and provide evi- dence of such. Aftermath The case raised difficult issues and required a consideration of the uncertainty presented by divisions of scientific opinion. The European Union was unwilling to remove its restrictions on the import of the hormone-treated beef, with the result that the WTO in 1999 authorized the United States and Canada to col- lect penalties of more than $100 million per year in extra duties on European exports. The European Union brought the issue back to the WTO, where unprecedented open hearings were held in 2005. The European Union argued that new scientific evidence showed that the European Union complied with the 1998 WTO judgment. The impasse between the United States and the European Union was settled by way of a negotiated agreement in 2012 in which the European Union kept its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
Answers
The case mentioned is the European Communities-Measures Concerning Meat and Meat Products (Hormones) case, which was brought before the WTO Appellate Body in 1998.
The case involved a dispute between the European Union (EU) and the United States regarding the EU's ban on the import of beef treated with growth hormones.
The EU had imposed the ban in response to concerns raised by its citizens regarding the potential risks associated with the consumption of beef injected with natural and synthetic growth hormones. The United States challenged the ban, arguing that the EU had not conducted a proper risk assessment as required under the Agreement on the Application of Sanitary and Phytosanitary Measures (SPS Agreement).
The Appellate Body, in its decision, determined that the EU's ban on hormone-treated beef did not comply with the requirements of the SPS Agreement. It stated that a risk assessment should be a scientific process aimed at establishing the scientific basis for the sanitary measure, and the EU's ban did not follow scientific principles and procedures.
The case highlighted the importance of relying on sound scientific principles and providing evidence when implementing trade measures that may restrict imports. Under the Agreement on Technical Barriers to Trade (TBT Agreement), exceptions to the General Agreement on Tariffs and Trade (GATT) require adherence to scientific principles.
The aftermath of the case resulted in tensions between the United States and the European Union, with the WTO authorizing the United States and Canada to impose extra duties on European exports. Subsequent efforts were made to resolve the dispute, and in 2012, a negotiated agreement was reached. The European Union maintained its ban on importing hormone-treated beef but increased its quota for importing beef from Canada and the United States.
Overall, the case showcased the challenges of balancing trade restrictions based on public health concerns and the need to ensure that such measures are supported by scientific evidence and comply with international trade agreements.
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Which method of preparing the operating activities section of the statement of cash flows consists of a summary of all operating transactions that result in either a debit or a credit to cash?.
Answers
Direct method is used for preparing the operating activities section of the statement of cash flows consists of a summary of all operating transactions as, direct method is one of the two accounting methods used to prepare the cash flow statement will be used.
Under the direct method, the most significant actual cash receipts and payments are recorded in the cash flow statement. The direct method is the method of presenting and creating a cash flow statement, listing cash receipts and payments for operations in the cash from operations section. In other words, the direct method calculates net cash operating activity by subtracting gross operating cash payments from gross cash receipts.
This method is called the direct method because it is much easier to calculate the net cash flow from operations than the indirect method. The direct method uses a simple income statement-style approach of adding income and subtracting expenses. This is a very clever way of presenting this section.
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Enlightenment thinker adam smith wrote about laissez-faire economics and market systems, which was influential in how people economically viewed the role of the government. According to smith, what role should the government have?.
Answers
In his writings, he described how market systems work and his belief in laissez-faire economics. His ideas influenced how people view the government in terms of the economy,
Economics is the study of scarcity and its impact on resource use, the creation of goods and services, the expansion of production and wealth over time, and a range of complex concerns of utmost importance to society. Political science, geography, mathematics, sociology, psychology, engineering, law, medicine, and business administration are just a few of the many areas in which economics has an impact. A society is a group of people who are in regular contact with each other or a large group of people living together in a common space, often subject to the same political authority and prevailing cultural norms. .
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state the law of demand
Answers
Answer:
In microeconomics, the law of demand is a fundamental principle which states that there is an inverse relationship between price and quantity demanded. .
Explanation:
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most companies prepare a(n) ______ budget that is separated into ______ budgets. multiple choice question. annual; quarterly or monthly weekly or daily three to five year; annual
Answers
Most companies prepare a(n) annual budget that is separated into quarterly or monthly budgets.
What is an annual budget?
An organization's anticipated income and expenditures for a full year are outlined in the annual budget. The process of developing a yearly budget entails balancing the revenue sources and expenditures of a company. An annual budget is frequently expanded to include a balance sheet and financial flow statement, especially for non-individuals. Individuals, businesses, governments, and other kinds of organizations that need to monitor financial activity use annual budgets.
Annual budgets are deemed balanced if anticipated expenses and anticipated earnings are equal. If expenses are higher than income, it is in a deficit; if the opposite is true, it is in a surplus.
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Why is it important to have insurance?
It's important to have insurance so people can
protect themselves from losing a lot of money in
the event of an unpredictable event or something
happens to them or their property.
So individuals can defend against the possibility of
financial loss due to unpredictable event
So people can engage in risky behavior without
financial consequences
A and B
Answers
It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something that happens to them or their property. So individuals can defend against the possibility of financial loss due to unpredictable events. The correct options are a and b.
What is insurance?Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
1. ¿que tiene que ver el gobierno populista con el universal basic income? 2. ¿es el UBI bueno para la economía?
Answers
Answer:
Un ingreso básico es un ingreso garantizado que todo ciudadano recibe del gobierno, independientemente de los ingresos que genere a través de su trabajo. Los defensores de esta medida sostienen que la renta básica universal aumenta las posibilidades de continuidad del desarrollo, que pueden posibilitar un ingreso básico, como estudios, inversiones, opciones de uso del tiempo y otras posibilidades de autorrealización.
Ahora bien, los defensores institucionales de esta medida suelen ser los gobiernos de tinte populista, que buscan a través de estas medidas benefactoras captar votos, otorgando beneficios económicos a cambio del apoyo político de los ciudadanos.
En cuanto a la economía, el UBI podrá ser beneficioso si fomenta el consumo y la producción de bienes, pero debe contemplarse que no puede, de ninguna manera, llegar a reemplazar los ingresos generados por el trabajo.
To avoid debt, a new business owner should have enough projected revenue to cover expences for the first
A) 6 months
B) year
C) 2 years
D) 5 years
⚠️THIS IS FOR SCHOOL. NO TROLL ANSWERS OR LESS YOU WILL BE REPORTED.⚠️
Answers
Answer:
b) a year
Explanation:
Flag Zaman Zoom Ltd has 500 employees with an average salary of $3,000 per month. Their average age is 30. The company is planning to start an Endowment scheme as the company pension scheme for all the company’s employees. The period of investment is expected to be for 30 years before the first batch of employees will go for retirement. The company is going to set aside a salary deduction system to deduct 50% of the required installment for the endowment scheme. The installment payment will be invested in the endowment scheme with a target to achieve a capital endowment sufficient to generate income to take care of the pension payment at 50% of the last drawn salaries expected to average at RM10,000 in 40 years' time. A fund manager with a good reputation had assured that the endowment fund will generate an average return of 6% per annum. Estimate the monthly installment required by the company to the endowment fund. ( 10 marks ) How much will each employee have to contribute monthly to the pension fund? ( 5 marks ) If each employee has an option to join the fund or to create their own investment fund, what would be your choice and why?
Answers
The monthly installment required by the company to the endowment fundFlag Zaman Zoom Ltd has 500 employees and an average salary of $3,000 per month. The company wants to start an endowment scheme to be the company pension scheme for all the employees.The company will set aside a salary deduction system to deduct 50% of the required installment for the endowment scheme. The company has to find out the monthly installment payment required to be invested in the endowment scheme.
The monthly installment required by the company to the endowment fundFlag Zaman Zoom Ltd has 500 employees and an average salary of $3,000 per month. The company wants to start an endowment scheme to be the company pension scheme for all the employees.The company will set aside a salary deduction system to deduct 50% of the required installment for the endowment scheme. The company has to find out the monthly installment payment required to be invested in the endowment scheme.The target is to achieve a capital endowment sufficient to generate income to take care of the pension payment at 50% of the last drawn salaries expected to average at RM10,000 in 40 years' time. A fund manager has assured that the endowment fund will generate an average return of 6% per annum.Period of investment = 30 years + 40 years = 70 yearsUsing the annuity formula,P = (A/i) x [1 - 1/(1+i)^n], whereP = Present Value of the AnnuityA = Annuityi = Rate of Interestn = Number of years= (50/100) x (500 x $3,000)= $750,000Annuity Value Required = 50% of the last drawn salaries expected to average at RM10,000 in 40 years' time= (50/100) x RM10,000 x 500= RM2,500,000 (in 40 years' time)Present Value of the Annuity Required today at 6% p.a. for 40 years= (RM2,500,000 x (1 - (1/((1.06)^40))))/0.06= RM297,243.58 (today)Monthly Installment Required= P / [(1+i)^n - 1] x i= RM297,243.58 / [(1+0.06)^360 - 1] x 0.06= RM9,410.04 (approx. RM9,410)Hence, the monthly installment required by the company to the endowment fund is approximately RM9,410.How much will each employee have to contribute monthly to the pension fund?Each employee's monthly installment contribution to the pension fund is as follows.Total Monthly Contribution = 50% of the required installment for the endowment scheme= (50/100) x RM9,410= RM4,705If each employee has an option to join the fund or to create their own investment fund, what would be your choice and why?An endowment scheme is a tax-efficient way of providing long-term savings for your retirement. This scheme offers better returns than other investment options and is less risky. Additionally, as an employee, joining the fund guarantees a safe and secure future as opposed to creating your investment fund, which could be riskier. Therefore, joining the company's endowment scheme would be a better choice.
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he concept of ______ is probably the best single measure of an industry's impact.A. total outputB. total spendingC. aggregate market value of firms in industryD. value added
Answers
The concept of value added is probably the best single measure of an industry's impact. Therefore option D is correct.
What is Industry?An industry is a collection of businesses that are connected by their main lines of activity. There are several categories of industries in contemporary economies. Sectors are often used to combine together bigger groups of industry classifications.
Typically, a company's major income sources determine what industry it belongs to. For instance, even if a carmaker may have a financing segment that contributes 10% to the company's overall earnings, most categorization systems would place the business in the automaker category.
Industries are divisions of related enterprises based on the main product produced or sold. By doing this, industry groupings are successfully formed, which may later be utilized to separate enterprises from those that take part in other activities.
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The history of bananas
Using at least two terms from the unit, summarize the United States’ connection to the history of bananas, as documented in this TED talk.
Answers
There was a U.S corporation called El Pupo that specialized in trafficking bananas. Bananas fist officially reached America in the early 1500’s. By the end of the 1800’s, bananas were a big hit in the U.S.
How was bananas shoot introduced to the US for cultivation?Spanish explorers brought bananas to the Americas in the 1500s. The first banana shoot is thought to have been planted in the Caribbean islands in 1516. Bananas did not arrive in the United States until the 1800s, when sailors brought banana shoots back from the Caribbean.
Because fruit companies in the United States wanted to grow their own bananas, they bribed government officials to gain access to various lands. Rainforests were cleared, plantations were constructed, and the business grew from there.
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Calculate $1200 ÷ 250.00 = answer in weeks. Round your answer up to the nearest whole week.
Calculate $4308 ÷ 250.00 = answer in weeks. Round your answer up to the nearest whole week.
Answers
Answer: 1. $1200 ÷ 250.00 = 4.8 rounded to the nearest whole number, 5 weeks
2. $4308 ÷ 250.00 = 17.232 rounded to the nearest whole number, 17 weeks
4308/250=17.232 so 17 weeks
19) Which statement BEST describes how Georgia's waterway systems serve as social transportation systems
Answers
Georgia's waterway systems, which include ports and rivers, serve as social transportation systems by constructing national infrastructure that supports domestic and international trade, business, and leisure. In recognition of this critical purpose, the federal government has assumed responsibility for the creation, maintenance, and secure operation of shipping channels.
How have the nation's mountain and river systems influenced the development of the United States?
The United States' waterways and mountains, like the rest of the world, have had a significant impact on where people settled and how towns and cities interacted with one another. Because of the relative isolation and shared geography created by mountain ranges, large mountain ranges served as natural barriers between groups, resulting in the development of distinct regional shared cultures. Rivers, on the other hand, linked communities through ease of travel, trade, and shared access to water and other natural resources.
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The following questions relate only to critical care services. Please fill in the blanks in the following statements with the term(s) that correctly complete the sentences.
Mr. Mills was admitted to ICU, where Dr. Brown spent 1 hour and 20 minutes performing critical care services. Dr. Brown submitted the following code(s) for his services: ____________.
Answers
Dr. Brown submitted the critical care codes 99291 and 99292 for his services.
The CPT codes 99291 and 99292 are what?
Even if the time spent by the doctor or QHP on that day was not continuous, the total amount of time spent delivering critical care services should be reported using the critical care codes 99291 and 99292. Critical care services or CPT codes may aggregate non-continuous time for a single day.
What is the meaning of procedure code 99291?
To document the initial 30- to 74-minutes of critical care on a specific service date, use CPT code 99291 (assessment and management of the critically ill or critically injured patient, first 30- to 74 minutes).
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Convenience goods like Coke are available almost everywhere in the United States. Thus, Coke uses ______ distribution:
Answers
Convenience products like Coke are available almost everywhere in the United States. Thus, Coke uses intensive distribution, which is related to the strategy of making the product available at many different retailers.
This is a marketing strategy widely used by companies that supply non-durable consumer goods, which are those that are consumed quickly, such as food, beverages and medications.
Therefore, non-durable goods such as Coke need to be replenished quickly, justifying the company's intensive distribution strategy, which makes its products easily available to consumers, increasing its profitability and positioning.
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Hysenbegasi, A., Hass, S. L. & Rowland, C. R. Te impact of depression on the academic productivity of university students. J. Ment. Health Policy Econ. 8, 145–151 (2005).
Answers
Background:
Discouragement may be a common clutterthat impacts an individual's capacity to perform life exercises, counting those required by the working environment.
Scholarly execution can be seen as a coordinate parallel to workforce execution, with understudies having a place to a special set of people whose capacity to perform can be measured on criteria connected by an eyewitness and by self-report. Whereas the predominance of misery for this bunch is tall and arrangement for passage into the work environment is basic for these people, this relationship has not been satisfactorily examined.Aims of the study:
This ponder explores the relationship between discouragement and its medicines and the scholastic execution of undergrad students.Methods:
Information with respect to scholastics, wellbeing and efficiency for understudies from Western Michigan College were gotten from the University's Registrar's Office, the campus Wellbeing Center and a overview conveyed to the understudies. The essential results of intrigued were the student's review point normal (GPA), an objective, spectator produced degree of scholarly efficiency, and the students' self-reported scholarly execution.Results:
Diagnosed depression was associated with a 0.49 point, or half a letter grade, decrease in student GPA, while treatment was associated with a protective effect of approximately 0.44 points. The self-reported data regarding the impact of depression on the performance of academic tasks was consistent with these findings.To know more about depression visit:
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When calculating unemployment rate, how do you factor in a part-time employee,
such as someone working 20 hours a week but wants to work 40.
A.They count as 0.5% or half employed
B.They count as fully employed
C.They are not counted as part of D.the labor force
They are counted as unemployed
Answers
They are counted as 0.5%, or the half employed, for determining the unemployment rate. The unemployment rate is the percentage of jobless people in the labour force.
The labour force is made up of people who are either employed or unemployed. The Centre for Monitoring Indian Economy said that India's unemployment rate rose from a four-year low of 6.43% in September to 7.77% in October. A person is said to be unemployed if they are actively looking for work and are thought to be the employable. This group includes those who are in the workforce but do not have acceptable occupations.
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The largest family size for which the earnings of a single minimum-wage job holder has been above the poverty line is
Answers
The largest family size for which the earnings of a single minimum-wage job holder has been above the poverty line depends on various factors and may vary across different regions and countries.
The earnings of a single minimum-wage job holder being above the poverty line is influenced by several factors, including the minimum wage rate, the cost of living, and the poverty line threshold set by the government or relevant agencies. These factors can vary significantly across different regions and countries.
In general, the minimum wage is designed to provide workers with a basic level of income to meet their needs. However, the minimum wage may not be sufficient to lift a family above the poverty line, especially for larger families with more financial responsibilities. As family size increases, so do the expenses for housing, food, healthcare, education, and other necessities.
Therefore, the largest family size for which the earnings of a single minimum-wage job holder has been above the poverty line cannot be determined without considering specific economic conditions, social policies, and the calculation of the poverty line in a particular context. It is important to note that policymakers continuously assess and adjust minimum wage rates and poverty thresholds to ensure that workers are adequately supported and protected.
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Income tax that is payable to the federal government is collected by the
.
who ever anwer is marked brainlist
Answers
Answer:
Guy above is 100% correct, I put IRS and got 5/5!
Explanation:
is it possible to have publicity on your own website why or why not
Answers
Yes it is possible for you to have publicity on your website.
Is it possible to have publicity on your own website why or why not?
Yes, it is possible to have publicity on your own website. Publicity refers to any form of promotion or advertising, and a website can be used as a platform to promote and advertise a business, product, or service. By having a website, you can create content such as articles, videos, images, and infographics that can be used to showcase your products or services and attract visitors to your site.
Additionally, you can also use various digital marketing techniques such as search engine optimization, pay-per-click advertising, social media marketing, and email marketing to promote your website and attract more visitors. In summary, having a website gives you a powerful platform to promote your business and attract potential customers.
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Which best description of joint tenancy is best? Two or more people own a property equally or two or more people in the same family own a property equally
Answers
Answer:
Two or more people own a property equally
Explanation:
This persons who equally own a property may not necessarily be a family member, and the property may be a business, brokerage accounts or a real estate (a single home).
In most cases however, this Joint tenancy is made between married couples, wherein both parties equally own a property and share in the responsibilities of that property. Ownership is transferred to the other remaining members of the agreement automatically if one party dies.
The best description that can denote joint tenancy that two or more people own a property equally. So, the correct option that matches the above statement is A.
Joint tenancy refers to the condition where at least two people jointly hold, acquire or possess the benefits of a property under their name in proportion as may be determined.
The joint ownership is a condition where at least two people are required to make contracts of owning, buying, renting, leasing or selling such property in an equal proportion.The ratio of ownership in case of a joint ownership of a property where the benefits are shared equally is 1:1. One partner will share the benefits and bear losses equally in proportion of the other owners.There exists a relationship of vicarious liability in case of a joint tenancy which refers that one partner will be liable for the acts of the other partner(s).Hence, the correct option is A that the best example of a joint tenancy is when two or more people own a property equally.
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allfam is a closely held family corporation, many of whose shareholders are employees of the corporation. in an attempt to reduce its taxes, allfam paid its shareholder-employees enormous salaries and deducted the salaries as a corporate expense. is allfam permitted to do this?
Answers
Yes, as per the given case, Allfam may be able to deduct salaries paid to its employees.
The Internal Revenue Service (IRS) may perceive this as a tax-evasion plan and deny the deductions if the wages paid to the shareholder-employees of Allfam are deemed exorbitant and not reasonable in proportion to the services rendered by those workers. The payments may be reclassified as dividends rather than deductible wages if the IRS judges that the shareholder-employees are not in fact rendering significant services for the firm but are rather receiving the money as a way of dispersing corporate profits.
Allfam may therefore be allowed to deduct salaries paid to its shareholder-workers, but only if the salaries are fair and the payments are given in exchange for legitimate services rendered by the employees. The IRS could reject the deductions if the payments are deemed to be exorbitant or unrelated to the services rendered.
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cado industries has total debt of $6,800 and a debt-equity ratio of .36. what is the value of the total assets? group of answer choices $24,480 $25,689 $18,889 $23,520 $25,360
Answers
Caddo Industries has total debt of $6,800 and a debt-equity ratio of 0.36. Total assets are valued at $25,689. Here option B is the correct answer.
To calculate the value of total assets for Cado Industries, we can use the debt-equity ratio formula, which is:
Debt-Equity Ratio = Total Debt / Total Equity
We can rearrange this formula to solve for Total Equity:
Total Equity = Total Debt / Debt-Equity Ratio
Plugging in the given values, we get:
Total Equity = $6,800 / 0.36 = $18,888.89 (rounded to the nearest cent)
To find the value of total assets, we can use the accounting equation, which is:
Total Assets = Total Liabilities + Total Equity
Plugging in the values we have, we get:
Total Assets = Total Debt + Total Equity
Total Assets = $6,800 + $18,888.89
Total Assets = $25,688.89 (rounded to the nearest cent)
Therefore, the value of total assets for Cado Industries is approximately $25,689, which corresponds to answer option B.
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Complete question:
Cado Industries have total debt of $6,800 and a debt-equity ratio of .36. What is the value of the total assets? group of answer choices
A - $24,480
B - $25,689
C - $18,889
D - $23,520
E - $25,360