By processing their milk supply by themselves and cutting out middlemen, by pooling their resources and working together, the members of Swaayam Ksheer have been able to generate more purchasing power and grow their operations and have been able to double their profits.
Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.
<h3>What is meant by current liability?</h3>
This is the term that is used to refer to all of the financial obligations that the customer would have to have due to themselves in the long run. These are the liabilities that are known to be dropped in the current assets and would then be settled in the course of a year.
Hence we can say that Inventories held for sale in the normal course of business are classified in the balance sheet as Current liabilities.
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Answer:
-Say nothing to his co-workers since this was a private conversation and he could lose his job if his boss found out he was spreading sensitive company information
Explanation:
Since in the situation it is mentioned that Mark accidentally heard a confidential phone conversation in which the possibility of layoff in the sales division would be discussed he is not in danger but some of his friends are the sales representatives so mark would not tell anyone as it is a private conversation and he could lose the job if the boss knows that the information is spread by mark
Therefore the second option is correct
The Board of Governors, the Federal<span> Open Market Committee, and 12 regional </span>reserve<span> banks.</span>
Answer:
Employers treat the taxable fringe benefits the same as cash compensation.
Explanation:
Taxable fringe benefits "are included in gross income and subject to federal withholding, social security, and Medicare taxes".
Fringe benefits are "perks and additions to normal compensation that companies give their employees, such as life insurance, tuition assistance, or employee discounts".
* The cost of the taxable fringe benefit is deductible to the employer, not the value of the benefit to the employee.
FALSE, the taxable fringe benefit is not deductible from the employer.
* Employers treat the taxable fringe benefits the same as cash compensation.
TRUE, and as we can see on the definition above the taxable fringe benefits are treated as a compensation that comapnies giv their employees.