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Vladimir [108]
4 years ago
11

When teresa carleo, the owner of plant fantasies, started her business, staying with the business for the first few years was di

fficult for her. though it was inconvenient, she decided to work from home to avoid paying the rent for office space. teresa's decisions to stay with the business and work from home exemplify _____?
Business
1 answer:
mote1985 [20]4 years ago
4 0

Teresa's decisions to stay with the business and work from home exemplify <u>"long-term strategic plans".</u>


A strategic plan with key long-term objectives fills in as a structure for settling on choices and gives a premise to arranging. Assembling a key arrangement can give the knowledge expected to stay with an on track by defining objectives and estimating achievements. By breaking down the data in the long term plan, administrators can roll out important improvements and set the phase for additionally arranging.

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Dole, the sole owner of Enson Corp., transferred a building to Enson. The building had an adjusted tax basis of $35,000 and a fa
faust18 [17]

Answer:

C. $40,000

Explanation:

For computing the amount of the gain recognized, first we have to calculate the gain recognized based on the adjusted basis

= Cash received + fair market value of the stock - adjusted cash basis

= $40,000 + $60,000 - $35,000

= $100,000 -$35,000

= $65,000

But the cash is received for $40,000. So, only $40,000 of gain would be recognized. As in the case of transfer, if the amount is received other than the stock so the amount which is received is recognized as a gain i.e $40,000

4 0
3 years ago
To which of the following would a
nirvana33 [79]

Answer:

the answer is D it is the right answer

4 0
3 years ago
On February 1, 2019, the balance of the retained earnings account of Blue Power Corporation was $315,000. Revenues for February
Pani-rosa [81]

Answer:

The retained earnings balance on February 28, 2019 is $305.000.

Explanation:

Balance of the retained earnings account on February 1, 2019 = $315,000

Revenue for February 2019 = $61,000

Expenses for February 2019 = $65,000

Dividend declared in February 2019 = $6,000

Net Income = Revenue - Expenses = 61,000 - 65,000 = -4,000

Ending Balance of Retained Earning = Beginning balance of retained earning + net Income - dividend =

Ending Balance of Retained Earning = $315,000 + (-4000) - $6,000

Ending Balance of Retained Earning = $305,000

The retained earnings balance on February 28, 2019 is $305.000.

6 0
3 years ago
On June 30, 2018, Yang Corporation granted compensatory stock options for 25,000 shares of its $24 par value common stock to cer
Charra [1.4K]

Answer:

$50,000

Explanation:

Since the service year is for a period of two year beginning from January 1 2018,the fair value of the shares options would be recognized over the two years on straight line basis,in other words $50,000 is the compensation expense for each i.e $100,000/2.

The appropriate entries would be a credit to paid in capital-share options account and debit goes to compensation expense in both years.

For instance ,2018 entries would:

Dr compensation expense $50,000

Cr paid in capital shares options      $50,000

6 0
3 years ago
Bernie wants to go into the business of construction contracting. Among the reasons that would probably convince Bernie to set u
krek1111 [17]

Answer:

a. its greater flexibility

Explanation:

A sole proprietorship is A form of legal business structure owned by only one person. The liabilities of the owner is unlimited. It is usually flexible as decisions are made and approved by the owner.

A sole proprietorship doesn't usually have perpetual existence. It usually ends when the owner dies. It is not easy to transfer shares to other family members.

A sole proprietorship gives the owner the opportunity to be involved in the day to day running of the business.

I hope my answer helps you.

6 0
4 years ago
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