Answer:
I used an excel spreadsheet because there is not enough room here.
Explanation:
Answer:
<u>product recalls</u>
Explanation:
Note, the Consumer Product Safety Commission is an agency that is concerned with consumer product safety in general regardless of whether they are food-related products or not.
Hence, <u>this agency among its stated primary objectives on its official website includes carrying out product recalls where necessary.</u>
Answer:
Does she recognize income on the liquidation?
Yes, she must recognize the difference between the policy's surrender value and the total premiums paid = $42,042 - $33,852 = $8,190 must be recognized as income.
Does she recognize income on the liquidation?
No, she doesn't have to pay any taxes. Payments to terminally ill policy holders are treated in the same way as death benefits.
<span>With the boom of social media, the customer’s path to purchase has
significantly changed. Traditional, “above-the-line” advertising, specifically
done on TV, print or radio is not as effective as it was before when it comes
to convincing consumers to purchase products. More and more people would resort
to seeking advise and referrals from friends in their respective social
networks. Consumers are wiser now given that they know they have the power to get
real-time information and data simply by the act of crowdsourcing. Engaging
with friends from social media networks would give them access to more genuine
feedback or POV on certain products and services. What traditional advertising
lacks is a venue for consumers to get immediate answers to possible questions
they have on products being advertised. Consumers don’t appreciate information
shoved down their throats as they know that marketers have full control of the
messages being communicated in their ads. It’s too one-sided. There should be a
platform for dialogue which is provided by social media. This is where the
fundamental shift of power takes place as described by Mr. Safco. It’s all about engagement and two-way
communication as he puts it. </span>
Answer:
The answer is: D) Crimson’s dividends received deduction is $21,000
Explanation:
The dividends received deduction (DRD) allows a company that earns dividends from another company, to deduct those earnings (dividends) from its income tax.
The three tiers of possible deductions are:
- If the company owns ≤20% of the second company, it can deduct 70% of the dividends received.
- If the company owns ˃20% but ≤80% of the second company, it can deduct 80% of the dividends received.
- If the company owns ˃80% of the second company, it can deduct 100% of the dividends received.
Since Crimson owned 15% of the second company, then it can deduct 70% of the dividends it received, which equals $21,000 ($30,000 x 70%).
