That would be considered fraud. He would be lying to the IRS about his gambling thing going on in the back. He would most likely get some fines and charged for the money he earned from that side business.
Answer:
It's a consumer surplus of $28.
Explanation:
Consumer surplus is the difference between the price costumers pay in the market and the price they place on the product.
In other words, the difference between a market price product and the price you think it is.
The best describes a leveraged buyout fund's acquisitions is Investing in mid-sized businesses.
Explanation:
A leveraged buy (LBO) is a takeover of another company which is spending a substantial amount of money to offset the acquisition cost. In addition to the acquired company's assets, assets are often used as collateral for the loans.
One of the largest LBOs reported in 2006 was Kohlberg Kravis Roberts & Co. (KKR), Bain & Co., and Merrill Lynch's takeover of Hospital Corporation of America (HCA).
In leveraged buy-outs (LBOs), the ratio of debt to equity is usually 90% to 10%.
Answer: refugee
Explanation: In the given case, Lydia would be considered as a corporate refugee.
Corporate refugee refers to those individuals who are very confident about their experience and knowledge and are willing to start their own business. These individuals gain knowledge and experience on their job.
Lydia is a senior network administrator ,thus, we can assume that she have both experience and knowledge. Also she in considering to start her own business as a consultant.
Thus, from the above we can conclude that the correct option is D.
Accounting Cycle Steps<span>Identifying and Analyzing Business Transactions. The accounting process starts with identifying and analyzing business transactions and events. ...Recording in the Journals. ...Posting to the Ledger. ...Unadjusted Trial Balance. ...Adjusting Entries. ...Adjusted Trial Balance. ...Financial Statements. ...<span>Closing Entries.</span></span>
