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Otrada [13]
3 years ago
5

Functional goals and strategies should be independent of divisional and corporate goals an strategies

Business
1 answer:
chubhunter [2.5K]3 years ago
6 0
The correct answer is b. False
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Elk, a C corporation, has $370,000 operating income and $290,000 operating expenses during the current year. In addition, Elk ha
pychu [463]

Answer:

$80,000

Explanation:

Calculation to determine what Elk's taxable income is:

Using this formula

Taxable income=Operating income-Operating expenses

Let plug in the formula

Taxable income=$370,000-$290,000

Taxable income=$80,000

Therefore Elk's taxable income is:$80,000

4 0
2 years ago
9. An arrangement that maintains the power of attorney in the event that the principal becomes
Lelu [443]

<u>Answer: </u>agent or attorney is a power of attorney.

<u>Explanation:</u>

Power of attorney is an agreement between two people one is the principle and the other person is the agent or the attorney where they sign the document. According to the law the agent who is power of attorney has the authority to do the banking transactions on behalf of the principle.

If the power of attorney is revoked then the agent has no obligations to perform any tasks. power of attorney document for incapacitated or mentally affected principle should have stated in the document itself such power of attorney is called as durable power of attorney.

8 0
3 years ago
Today you earn a salary of $28,500. What will be your annual salary fifteen years from
lys-0071 [83]

Answer:

$47.747.44

Explanation:

After 14 years, the salary will be equivalent to the future value of $28,500 at 3.5% compound interest.

The formula for calculating compound interest is as follows.

FV = PV × (1+r)n

where FV = Future Value

PV = Present Value... 28,500

r = annual interest rate.... 3.5%

n = number of periods...15

Fv = $28,500 x ( 1+ 3.5/100)15

Fv = $28,500  x ( 1+0.035)15

Fv =$28,500 x 1. 67534883

Fv =$47.747.44

3 0
3 years ago
In a marketing context, customers seek a fair return in goods and/or services for their hard-earned money and scarce time. They
Alinara [238K]

Answer:

the answer is They are seeking Economic <u>Value</u>.

Explanation:

In a marketing context, customers seek a fair return in goods and/or services for their hard-earned money and scarce time. They are seeking <u>value</u>, which reflects the relationship of benefits to costs, or what you get for what you give.

Value is variable, lets zero in on Economic Value since the subject is effective demand from a customer.

Economic Value is the worth or benefit derived from a product or service paid for. It could be comfort, pleasure, satisfaction, relief from pain, etc.

It is directly proportional to the amount paid for. Therefore, greater value attracts higher cost and vice versa.

6 0
3 years ago
Saar Associates sells two licenses to Kim &amp; Company on September 1, 2021. First, in exchange for $100,000, Saar provides Kim
Vladimir79 [104]

$110,000 revenue will Saar recognise in 2021 under this arrangement

Solution:

First, in exchange for $100,000

Second, in exchange for $90,000

Saar provides Kim with a three-year right to market Kim's financial advisory services under the name of Saar Associates , Whereas to calculate the revenue :  \frac{4}{36} = \frac{1}{9} ( 90,000)

So , 100,000 + 10,000 = 110,000

6 0
3 years ago
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