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4 years ago

A decedent owned 300 shares of closely held xyz stock jointly with her brother. this property must be reported on

Business

1 answer:

masha68 [24]4 years ago

7 0

Answer:

Schedule E of Form 706

Explanation:

Form 706 is filed by the executor to compute the estate of the deceases and to compute generation skipping taxes. Schedule E of form 706 is filled to estimate taxes due on jointly held property by the deceased and the survivor. The survivor could be spouse or any other family member who have joined tenancy. If property is held in joint tenancy with spouse, then full amount of fair market value of asset is reported.

If property is held in joint tenancy with some other family member, then decedent's share of fair market value of the property is reported and proportion of the amount the member has contributed against the right to hold joint tenancy.

Here, decedent and her brother jointly owned 300 shares. So, this should be reported in Schedule E of form 706

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Automated retailing occurs when a consumer goes into a store to learn about different brands and products and then searches the

Grace [21]

Answer:

False

Explanation:

The scenario described above is called Showrooming, where customers just go to a store to find out about various products. They do not buy and look for alternative cheap options.

On the other hand, automated retailing occurs when products are stored in a machine that can dispense to customers.

An example is a soda vending machine.

5 0

3 years ago

"Do we have a loyalty program?" is a question about which of the 5Cs? a. collaborators b. context c. customer d. company

irinina [24]

Answer:

c. customer

Explanation:

-Collaborators: Refers to all the people or organizations that work with the company to provide the products or services like suppliers, distributors and investors.

-Context refers to external factors that can affect your business like trends.

-Customer refers to the people that purchase and use your product or service. This involves gathering information about your customers, their preferences and customer's strategies.

-Company refers to analyzing the company, its goals, experience and image to be able to determine if it can meet the customer's needs and accomplish its objectives.

According to this, the answer is that "Do we have a loyalty program?" is a question about customer because it refers to strategies companies use to handle the relationship with the customer and encourage repeat purchases.

3 0

3 years ago

List the advantages and disadvantages of a Small Business:

natulia [17]

Answer:

Kindly check explanation

Explanation:

Small businesses may be defined based on various criteria ranginging from the size of running capital, number of employees and even customer base. What is obvious is that most small business require very little capital, limited number of employees and small market size. Small businesses offers the following advantages :

Financial liberty which affords it's doers the ability to cater for themselves or buttress on their initial EARNING.

INCREASED RESPONSIBILITY : Business owners take absolute charge of business decisions thereby broadening their scope and offering more independence and greater control.

Another advantages of having a small business is the fact that efforts and commitment put into the sustenance and growth of the business will be duly reaped by the owner. Rather than having to work for someone else to earn a greater portion of the return.

However, it also has its disadvantages which ranges from :

Exposure to financial risk arising from business collapse such that one has to deal with the burden alone.

The effort put in to keep business aloft may become overwhelming due to lack of adequate employees which may result in health impairment.

4 0

3 years ago

For March, sales revenue is $1,000,000; sales commissions are 5% of sales; the sales manager's salary is $80,000; advertising ex

nasty-shy [4]

Answer:

$217, 100

Explanation:

The selling expenses are as follows

sales commissions 5% of 1,000,000

=5/100 x 1,000,000 = $50,000

sales manager is $80,000

Adverting expenses $65,000

shipping expenses 1% of 1,000,000

=1/100 x 1,000,000 = $10,000

Miscellaneous expenses 2100 + 1/100 x 1,000,000

=2100 +10,000 = $12,100

Total selling expenses = $50,000 + $80,000 + $65,000 + $10,000 + 12,1000

= $217, 100

5 0

3 years ago

Munchkin is a popular baby clothing brand. The founder of the company, Isabel, conducts a brainstorming session with her employe

Elena L [17]

Answer:

B) upward communication

Explanation:

Upward Communication -

It refers to the flow of information from the lower level to the higher level in the company, is referred to as upward communication.

The method helps to pull out thought and innovative technique from all the employees working in the company , and is used for the betterment of the company.

It helps to have a healthy conversation and decision making process, which helps the company to grow.

Hence, from the question,

The company Munchkin takes idea from all the employees and tries to implement it into the company, thereby showcasing the method of upward communication.

3 0

4 years ago