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Keith_Richards [23]
3 years ago
13

Mauve Company permits employees to occasionally use the copying machine for personal purposes. The copying machine is located in

the office where the higher paid executives work, so they occasionally use the machine. However, the machine is not convenient for use by the lower-paid warehouse employees and, thus, they never use the copier. The use of the copy machine may not be excluded from gross income because the benefit is discriminatory. True or false?
Business
1 answer:
WITCHER [35]3 years ago
6 0

Answer: True

Explanation:

Although the permission was granted to use the copy machine for personal use on occasional basis, they are still limiting factors that pose it discriminatory for other tier of workers in the firm as those who occupy lower offices don't find it convenient to use and the location of the machine makes it only readily available for high earners as it's positioned in their office.

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A federal agency that engages primarily in commercial activities, produces revenues, and requires greater flexibility than most
jeka57 [31]

Answer:

government corporation

Explanation:

A government corporation is a government-owned firm that operates with the same integrity as a private company, except that the owner is government. Every government company is chartered by legislative act. Government corporations are typically created in markets where there is a natural monopoly, they are significant to the country's infrastructure, natural resources, and general public interest.

4 0
3 years ago
On January 1, 2017, Grand Haven, Inc., reports net assets of $945,300 although equipment (with a four-year remaining life) havin
borishaifa [10]

Answer:

patent on the consolidated estament: 32,000

Explanation:

45,000 x 80% = 36,000

36,000 / 9 = 4,000 amortization per year

 patent of Grand heaven

<u>      debit           credit        </u>

  36,000 recognize at purchase

                        4,000 december 31th amortization

  32,000 balance.

5 0
3 years ago
Moe ’s Electric sales vacuum cleaners with a one-year warranty to fix any defects. For the current year, 200 vacuums have been s
vekshin1

Answer:

$900

Explanation:

Given that

Total repair up to end of year = 12

Estimated need to be repaid = 8

Average cost = $45

The computation of warranty expense for the current year is shown below:-

For computing the warranty expense for the current year first we need to find out the total repaired cost which is here below

Total repaired cost = Total repair up to end of year + Estimated need to be repaid

= 12 + 8

= 20

Warranty expense for the current year = Average cost × Total

= $45 × 20

= $900

Therefore for computing the warranty expense for the current year we simply applied the above formula.

5 0
3 years ago
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the
Papessa [141]

Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.

<h3>What are Excise taxes?</h3>
  • Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax.
  • Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.
  • State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
  • Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.

To learn more about Excise taxes refer to:

brainly.com/question/22358769

#SPJ4

5 0
1 year ago
in which of the following scenarios will you be entitled to pay the least amount of money out of pocket for a medical expenses
Elis [28]
The scenarios will you be entitled to pay the least amount of money out-of-pocket for a medical expense is that you  have health insurance with a $500 deductible. Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.
5 0
3 years ago
Read 2 more answers
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