A. $197.99
First you subtract 40% from 329.99
So,
329.99-40%=
40% of 329.99 is $131.99
329.99-131.99= 197.99
Answer:
b. III and IV
Explanation:
Diego has expected life of 6 month due to his liver disease. He wants to sell his life insurance policy to a company. If he sells the policy, when Diego dies the company will receive all the benefit and will be taxed at ordinary income tax rate. The proceeds are not tax free. In case if Diego sells the policy to his cousin, he will also be taxed on proceed. The tax will be ordinary income tax on the benefit from life insurance policy.
It should be noted that duties of the board of directors involve reviewing the organization's financial objectives and major strategies in organization.
<h3>Who were board of directors?</h3>
board of directors can be regarded as the elected group of individuals that represent shareholders.
They provide advice to top management, and reviewing systems to ensure compliance with laws and are governing body .
Learn more about board of directors at;
brainly.com/question/4771644
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Travel Book
Sales= $164,000
Cost of goods sold= (67,000)
Contribution margin= 97,000
Order and delivery processing (25,000)
Net income= 72,000
Rent and allocated corporate costs remain constant in both decisions (drop or not). Therefore, they are irrelevant.
<u>Now, if the travel book product line was discontinued, the company's net income would have decreased by $72,000</u>
Answer:
a corporation by estoppel or de facto corporation.
Explanation:
A corporation by estoppel is when a person has dealings with a company like it is a corporation. Doing business with an estoppel coporation means that one has admitted that company as a coporation.
From, the question above, it can be seen thta Estuary marina dealt with deepwater dredging company as a corporation and that means that Estuary marina has admitted to Deepwater dredging as a corporation.
As a result of Deepwater dredging company's failure to perform tthe contract, the court can only hold that Deepwater Dredging is a corporation by estoppel or de facto coporation.
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