1. A,B,C
A. adding plumbing to a new building
B. creating a piece of furniture
C. preparing food to serve to customers
2. B,C
B. using medical terminoligy
C. managing office personnel
I think it’s a sorry if it’s wrong
Answer:
c) Sally is taxed on the value of the football tickets even if she cannot attend the game.
Explanation:
In this situation Tickets are exchanged for services performed.
This is a payment in-kind. It uses a good or service instead of cash.
It is a form of compensation and so, the employee tax status is that the ticket is taxable income, as the ticket are equivalent to cash in this case.
Answer:
- Compound Interest ⇒ FV = PV x (1 + I ) ^N
- Simple Interest ⇒ FV = PV x I x N
Explanation:
With compound interest the rate of growth needs to be compounded which is why the time period is used to exponentially adjust it.
With simple interest there is no compounding so the value is simply the interest that will be earned every period (which is a constant value) multiplied by the number of periods and the amount to be invested.
