Hello,
Answer It really depends on what state you live in I live in Texas and Texas has a Law that says Managers MUST allow 15 min breaks.
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Your pal
HumanSpider
Answer:
C. Value spending time with the children by more than $13,000.
Explanation:
Given that Pat earns $25,000 per year after taxes and the childcare costs $12,000 per year, the value of spending time with with the children will be more than $13,000. If Chris becomes a stay at home parent, the value would have been $23,000 as $12,000 will be paid for the childcare. The amount is calculated by finding the difference between the earnings and childcare costs.
Answer:
The correct answer is A
Explanation:
Interest expense is the expense, which is defined as the non- operating expense and it is represented on the income statement. It states the interest payable on the borrowings like lines of credit, loans, convertible debts or bonds.
The interest expense is computed as the interest rates multiply the outstanding principle amount of debt.
So, the interest expense is defined as the interest rate which is effective times the amount of debt outstanding during the interest period or starting of period.
Answer:
A) Contra to the particular asset.
Explanation:
A valuation allowance account is a reserve or contra account against deferred tax assets based on the likelihood that those assets will not be realized.
For example, a common valuation allowance account is Allowance for Doubtful Accounts which is a contra asset account of Accounts Receviable.
One reason why limited liability companies (LLC's) have become so popular is that they have the advantages of a corporation as to liabilities and have lesser tax. Members of the LLC will only be taxed once while corporations are taxed in their income and its individual shareholders.
