Answer:
Line organization
Explanation:
Based on the information provided within the question it can be said that in this scenario it is pretty clear that Party Pros Inc. is using a Line organization model. This approach focuses on a business model where authority in the organization flows from the top to the bottom. Without seeing the Celebration's organization chart it is clear this is the case because Julio is the owner of the company, meaning there is one individual in charge and the organization is giving the orders from up top to hire more personnel and departmentalize
Answer:
Option d (reduction in the rate of inflation) is the appropriate option.
Explanation:
- Disinflation seems to be a decline throughout the pace of price growth that happens traditionally throughout a recession because this availability of commodities exceeds the threshold value for themselves.
- Although unlike deflation, whenever consumer prices inevitably decline, disinflation income levels don't collapse, perhaps the inflation rate appears zero.
Some other choices being made aren't connected to the circumstance offered. So the answer above is the right one.
Answer:
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Explanation:
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Answer:
Yes. Nicoula is required to pay tax including the tips
Explanation:
Since Nicoula received $1,200 in unreported tips during 2016 and owes Social Security and Medicare taxes on these tips. Her total income for the year, including the tips, is $4,300.
Nicoula is required to pay an income tax return for 2016 because Tips are considered to be part of employee wages and or salaries, hence employers are required by law to withhold and pay to the IRS payroll taxes on the tips employees report to them each month.
It is mandatory to report on the tax return, the amount of any Social Security and Medicare taxes Nicoula has failed to pay on her 'tip income'.
Answer and Explanation:
As per the data given in the question,
The preparation of the operating activities section of the cash flow statement using the indirect method is shown below:
Cash flow from operating activities:
Net income $21,000
Add: Depreciation $4,000
Less: Accounts receivable expense -$9,000
Add: Inventory decrease $4,000
Add: Salaries payable increase $900
Net cash flow provided by operating activities $20,900
Net income is added because it provided before adjustment.
Depreciation is added because it is non cash expense.
Accounts receivable expense is deducted because it is trap in account receivable.
Inventory decrease is added because it depicts that the inventory is converted in cash.
Salaries payable increase is added because it shows cash is not paid which rise the level of cash.
