Any images or dominant or recessive traits to make it?
The scenario above depicts of Bret illustrating a division
of labor in which is in lined with how he was able to identify the tasks that
are to be accomplished and those things that are to be assigned to each
employees in each task.
Answer:
Debit legal expense/penalties (p/l) $900,000
Credit Provisions (B/s) $900,000
Explanation:
According to IAS 37 Provisions, contingent liabilities and contingent assets, a provision is to be recorded where there is a present obligation as a result of a past event and the outflow of economic benefits to satisfy the obligation is probable.
Hence if it is probable that Scorcese will be liable for $900,000 as a result of this suit, a provision is needed and will be recorded by;
Debit legal expense/penalties (p/l) $900,000
Credit Provisions (B/s) $900,000
Answer:
Loss = $200,000
Stock basis = $700,000
Explanation:
The computation of loss and stock basis is shown below:-
Since there is exchange in deferred tax so no loss will be recognized
Stock basis = Carryover Basis - Cash received
= $1,200,000 - $500,000
= $700,000
Therefore, if Celeste sell stocks $700,000, she will be in loss of $200,000
= $700,000 - $500,000
= $200,000
Answer: market development
Explanation: In simple words, market development refers to a strategy under which an organisation tries to identify and develop a new market for gaining an absolute competitive advantage.
In the given case, Alfredo 's pizza has been realizing that the population of senior citizens has been increasing. Therefore they start making products as per the needs of their new customer base.
Hence from the above we can conclude that the company is using market development strategy for their growth.
