Answer:
Spend 10% on clothing and 10% on entertainment.
Explanation:
There are some expenses that you can lower that will not radically affect your lifestyle while other expenses should be more important.
For example, you shouldn't try to save money by eating less or going to live in an ugly place where you pay a very small rent.
If you want to save money, then you should cut some costs from non essential expenses like entertainment and new clothes.
Answer and Explanation:
The computation is shown below:
b. The upper specification limit is
= 4 + 0.08
= 4.080 mm
c. The Lower specification limit is
= 4 - 0.08
= 3.920 mm
d. The process capability index is
= min ((Upper specification limit - Mean) ÷ (3 × Standard deviation)), ((Mean - Lower specification limit)÷ (3 × Standard deviation))
= min (0.08 ÷ (3 × 0.02)), (0.08 ÷ (3 × 0.02))
= min (1.333, 1.333)
So it would be 1.333
e. Upper specification = 4.08 mm
Mean line = 4.0 mm
Now,
The upper specification lies at a distance = Upper specification - Mean line
= 4.08 mm - 4.0 mm
= 0.08 mm
upper specification =Upper specification lies ÷ One standard deviation
= 0.08 mm ÷ 0.02 mm
= 4 mm which is standard deviations from the mean
Answer:
Grady's gain = $6,000
Grady's stock basis = $18,000
Explanation:
This transaction does not qualify as a Section 351 (a) transfer of property in exchanged for a corporation's stock, therefore Grady must recognize a gain.
Gain = fair market value - basis = $18,000 - $12,000 = $6,000
Grady's basis on Eadie Corp. stock is $18,000
In order to qualify as a Section 351 (a) transfer and not recognize any gain or loss, the transfer must result in an immediate control over the corporation and that doesn't happen here. Control over a corporation as defined by Section 368(c) represents at least 80% of all voting power and at least 80% of all common stock. In this case the transfer resulted in a 60% ownership, it was 20% short.
Answer: Corporate officer who serves in a representative capacity for the owners of the corporation.
Explanation: In simple words, a person acting on behalf of another person or group is called an agent.
A business agent uses the name of principal for entering into contracts with third parties while an employee is someone who is under the contract with the employer to perform his duties.
So from the above we can conclude that Janitor and gardener are an employee but corporate officer is an agent.
