Answer:
D) Higher than the total output that would be produced if the market were a monopoly but lower than the total output that would be produced if the market were perfectly competitive.
Answer:
a) true
Explanation:
Internal control system is the whole system of control financial and otherwise established by management in order to carry on the business of the enterprise in an efficient and orderly manner and to secure the integrity of the records and books of accounts.
The internal control is a management control tools used to ensure efficiency in operations.
Answer:
True
Explanation:
Partnerships are not taxed as individual entities, they work as pass through entities where the partners must report any gains or losses on their personal income filings.
In this case, since Aaron owns 25% of Eagle Company, any loss or gain that Eagle company has will be passed to Aaron in the same percentage. Since Eagle had a $10,000 short term capital loss, $2,500 ($10,000 x 25%) of the loss will pass to Aaron.
Answer: Option A
Explanation: In simple words, globalization refers to the process under which the business organisations become able to operate their activities in more than one nation. Globalization has opened worldwide market gates for business organisations.
To operate business in a foreign country, entities must have to use some local resources like employees of the target country for gaining efficiency. This results in a problem of miscommunication or no communication in which the managers might not be able to exchange information will all the different departments leading to loss of potential synergies.
Thus, from the above we can conclude that the correct option is A.
Answer:
It will be a net gain for 6,325.2 after taxes
Explanation:
Bases on the MACRS at the end of the third year. we will have a book value of 7.41% Remember that under MACRS we have a half year convention so we depreciate for half a year on the assets first year. given a total year of useful life + 1
40,000 x 7.41% = 2.964
sales price: 12,000
we will pay taxes for the difference:
12,000 - 2,964 = 9.036
9036 x (1 - 30%) = 6.325,2
