Answer: The correct answer is "a) true".
Explanation: In order for a taxpayer to deduct the loss of a commercial activity of which he is the owner, she must prove that she is materially involved in the conduct and direction of the business, since if she does not prove it, it is considered a passive activity from which she cannot deduct the loss.
Answer:
The Manager Andy Davis worked hard to improve Eddie's behavior and skills by implanting commitment in improving Eddie through team-based efforts.
Explanation:
Answer:
30%
Explanation:
The computation of return on investment is shown below:-
Return on Sales = Credit sales × Return on sales
= $24,000 × 5%
= $1,200
Investment in Accounts Receivable
= $24,000 × 1 ÷ 6
= $4,000
Return on Investment = Return on Sales ÷ Investment in Accounts Receivable × 100
= $1,200 ÷ $4,000 × 100
= 30%
Therefore for computing the return on investment we simply divide the investment in account receivable by return on sales.
Answer:
130 months
Explanation:
The computation of the time period is shown below:
Given that
Present value = $13,000
Future value = $18,000
PMT = $0
RATE = 3% ÷ 12 = 0.25%
The formula is shown below:
= NPER(RATE;PMT;-PV;FV;TYPE)
The present value comes in positive
After applying the above formula, the time period is 130 months
Therefore the time that should be needed is 130 months
The answer is: c. The bid price in a hostile takeover is generally above the price before the takeover attempt is announced, because otherwise there would be no incentive for the stockholders to sell to the hostile bidder and the takeover attempt would probably fail
Hostile takeover refers to the process of acquiring another company without the approval of that other company's management team. The only way to do a hostile takeover is to ensure majority of the shareholders to sell their stocks to us within a short period of time. For the shareholders to do this, we need to offer the price that is way above the current market value.
