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Anni [7]
3 years ago
9

This year henry realized a gain on the sale of an antique car that he inherited from his uncle. the buyer has promised to pay he

nry in installment payments over the next few years. identify the principle that will determine when henry should be taxed on the gain from the sale: assignment of income. constructive receipt. return of capital principle. wherewithal to pay. all of the choices are correct.
Business
1 answer:
Kruka [31]3 years ago
4 0
The answer to this question is <span>Wherewithal to pay
In the wherewithal to pay concept,  the</span><span> Income will be recognized in the period in which the company has the means to </span>pay<span> the tax on the income. Often times, company make their report to show a loss on purpose in order to postpone the tax payments</span>
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The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
Artist 52 [7]

Answer:

Revenue Centre

Explanation:

Revenue Centre is that division or department of the firm which generate or create revenue through sale of the goods and the services. The district director who is managing the 5 mortgage origination offices that is staffed by the bank associates. So, most likely responsible for a revenue centre of the business. And who works for revenue centre is only responsible or accountable for the revenue only.

4 0
3 years ago
Madison Finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions
Deffense [45]

Answer:

Ans. Car loans must be $4,000,000 and Home loans $16,000,000 in order to use all the conditions in the problem. Return= $2,000,000

Explanation:

Hi, well, you need to make sure to get as many car loans as the conditions of the problem allows you, since it returns 14%.

I used MS Excel solver to find this result, please download the excel spreadsheet attached to this answer.

Best of luck.

Download xlsx
7 0
3 years ago
Lexi wants to find the perfect gift for her older sister's college graduation. She started looking for the gift last month and e
Sauron [17]

Answer:

The answer is: Extended problem solving

Explanation:

Extended problem solving involves an elaborate decision-making process in which a consumer (Lexi) will try to get as much information as possible on all her available options (possible gifts) and then decide which option (gift) will . be better.

Consumer usually take this approach on issues they consider very important and of high risk. Lexi knows her sister´s graduation is important and doesn´t want to look bad.

6 0
3 years ago
All of the following are associated with reporting controllable costs except:a. At lower levels, management have fewer controlla
stira [4]

Answer:

a. At lower levels, management have fewer controllable costs

Explanation:

The opposite is true, lower-level management have more controllabe costs than higher level management because top management focuses on the general strategy of the firm, while lower management focuses on the specific production processes.

It is in these specific production processes that many controllable costs arise. A production line supervisor (part of lower-level management) can directly control some variable costs such as energy used, amount of input, or even work hours.

3 0
2 years ago
A firm achieves differentiation parity ideally when
Alina [70]
A firm achieves differentiation parity ideally when it sells its products or services at a higher price than its competitors.  

The idea of parity is that a company sells its products at a higher cost than competitors even though the product or service isn't unique. Differentiation is when one companies products compete and are better than another with the same product. 
3 0
2 years ago
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