Answer:
No, the tax treatment will not be same.
All the amounts received by Billy, are during the course of business, and are related to the damages caused to business, and to him personally, and under tax these all amounts are tax free:
Amount received for personal injury of $100,000 is tax free as is related to expense of his personal recovery.
The amount of $50,000 and $15,000 though received from different sources but is for the same purpose of loss of income and destruction caused to business.
Whereas, amber is an employee, she is not the owner and therefore, all of the benefits received from her workplace are taxable.
As the policy was purchased by the employer and therefore, any amount received from such policy by amber will be taxable as a perquisite received from employer.
Answer:
b.) $140,000
Explanation:
The computation of the segment margin is shown below:
Sales Revenue $500,000
Less: Variable Expenses ($280,000)
Contribution Margin $220,000
Less: Traceable fixed Expenses ($80,000)
Segment margin $140,000
By deducting the variable expense from the sales we can get the contribution margin and after that the fixed cost is deducted from the contribution margin so that the segment margin could come
The Sherman's March to Sea, also known as the <span>Savannah Campaign, began just outside of Atlanta after his troops won and took over the city. It ended when he reached and conquered Port Savannah on December 21st. It was led all over Georgia and is considered to be a victory for the Union because it disrupted Confederate forces and communication.</span>
Answer:D
Explanation: Can not always. A fact is evidence.
Answer:
D) sales would be low, profits non-existent, and he would attract golf equipment innovators.
Explanation:
Generally during the introductory stage of a product or service;
- the sales are usually low since not a lot of customers know or trust you product or service,
- due to low sales and high costs, profits are usually very small or non-existent,
- many times innovators are the first ones to try your product, specially in a very conservative market, like golf equipment and related products.