Answer:
From the standpoint of hotel management, this "money laundry" should be viewed as: both a cost center and a profit center
Explanation:
A profit center is a branch or division of a company that is expected to add to the entire profitability of that company.
A cost center does not costs the organization money to operate and does not add profit directly to the company.
However, it can contribute to profit indirectly by enhancing the company's operational excellence, customer service, and general service delivery.
Cleaning and polishing coins (pocket change) for the guests as a unique service could come as a perk that makes San Francisco's St. Francis Hotel a preferable hospitality center.
Even though it costs to maintain the money laundry, the hotel can carefully increase the general rates to include the additional cost.
C business mileage during the year to claim the standard mileage rate for the business
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Kiana will report under the head of natural disaster and its compensation amount is also exempt.
- In income tax, there are a total of five heads of income viz
- income from salary
- Income from house property
- Income from profits and gain of business or profession
- Income from capital gains
- Income from other sources
- Each head of income describes different features of income that are taxable.
- Income tax is a tax levied on income or profits received by an individual or entity. Income tax is usually calculated as the product of tax rate and taxable income.
- Tax rates vary depending on the type and characteristics of the taxpayer and the type of income.
Thus, Kiana's loss results from a natural disaster that is exempt under section 10(10BC).
To know more about income tax refer : brainly.com/question/26316390
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Answer:
Firm A is uniquely situated to the pioneering research and firm B is uniquely situated to application development. There are significant differences arising from broad patent law and narrow patent law. Firm A conducting pioneering research and Firm B conducting development application in this situation the incentive problem is solved when transaction cost is zero. When the transaction cost is zero the breadth of the patent will not matter to the economic efficiency So long as the can bargain with each other. The bargain between inventors is cost-less and makes efficient contracts.
When the transaction cost obstructs the bargaining between the suppliers of pioneering research of and development of application problem arises. The solutions to the problem are lubricating bargaining and allocate rights to the firm who values the most.
Patent protection for the pioneering inventions should be broader for the little standalone value. In contrast patent protection for pioneering invention should be narrower for large standalone value.
Hence the above difference lies in investment from broader patent law and that of the narrower patent law.