Answer:
Option a (recognizes.................income) is the correct answer.
Explanation:
- The proportion of even more inventories is below 20 percent, therefore the firm sends dividends on the inventories which are incorporated into the personal income tax rate.
- Dividends paid mostly by the investor, not adjusting as necessary for the investor's total earnings, should be declared as compensation or earnings.
The provided situation is not connected with other possibilities. So the above option is the correct answer.
Answer:
January 1, 2020
Explanation:
An S corporation isalso called small business corporation. It is a type of company that shields its owners in the case of liabilities. The owners are not directly liable for obligations of the corporation.
A calenders year of a company is defined as the fiscal year in which a company makes profit and declares a profit or loss within that time frame.
If shareholders file a revocation statement on March 20, 2019, to terminate their S corporation's S election, they will have to wait till the end of the fiscal year before the S corporation is terminated.
That is on January 1, 2020.
Answer:
Empirical Rule or 68-95-99.7% Rule
Approximately 95% of the data fall within two standard deviations of the mean.
Answer:
500
Explanation:
Cumulative voting allows a minority shareholder to cast a minimum of 100 times 5 equals 500 votes.
This is supposed to give him as much say in the company as other shareholders as he is able to vote.
Answer:
B. No, because the advertisements are an invitation to bid.
Explanation:
An advert is not legally binding as it is just a means to capture consumer attention and convince them to buy a product or service.
Advertisements are merely considered as invitations to bid so the one made by Neti-pot Co is misleading because anybody reading it will immediately assume if a consumer takes the product the way it is advertised and begin to get side effects, the company will really give out the $100 promised.
Therefore, Sheldon wont get any compensation even if she decides to sue.
She will have to bear the consequences alone.
