Answer:
Job sharing
Explanation:
Job sharing is a sort of adaptable work course of action in which two individuals work to finish the work one individual would do in a self-contained all day job. In job-sharing agreement, two people handle work, and they share salaries. Hours can change: They may cooperate some portion of the week, and they may never observe one another.
Answer:
- Tax status = Ordinary Asset
- Gain = $60,000
Explanation:
As the company expensed the asset fully in the year of purchase instead of capitalizing it, the asset is an ordinary asset not a capital one which is capitalized. That is the tax status.
The gain on an ordinary asset is the amount that it was sold for which in this case is $60,000.
Tax status = Ordinary Asset
Gain = $60,000
Answer: A) $0 $30,000
Explanation:
The question states 'amount in gain recognized'
In Year 4, Carac sells to Cannoli land worth $90,000, therefore, in year 3 Carac would report $0
In year 6 Cannoli sells the land to an unrelated third party for $120,000.
Therefore, $120,000 - $90,000 = $30,000 of gain will be reported by Cannoli.
The manager of McDonald's restaurant is an example of an ADMINISTRATIVE manager.
