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tiny-mole [99]
3 years ago
10

Mort schmitt has a cafeteria plan that contains long-term disability insurance, medical expense insurance for himself (he has no

dependents), and dental insurance. his employer failed to comply with terms in the irs code governing constructive receipt. consequently, mort is taxed on the value of any taxable benefit formerly sheltered under the plan.
a. True
b. False
Business
1 answer:
Vaselesa [24]3 years ago
4 0
The answer is TRUE. Hope this helps:)
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He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the
Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

4 0
3 years ago
PB4.
harkovskaia [24]

Answer:

The process cost summary is given below.

A-Total Material Cost                  = $22,500

B-Total Conversion costs           = $95,625 (45,625+50,000)

C-Units transferred out              = 40,000

D-Ending Inventory                    = 10,000

E-Equivalent units of material  =  45,000

F-Equivalent units of conversion costs  = 42,500

G-Equivalent cost per unit of material = $0.5 (A/E)

H-Equivalent cost per unit of conversion costs = $ 2.25 (B/F)

I-Equivalent cost per unit = $2.75 (G+H)

J-Cost of inventory transferred = $ 110,000 (I*C)

K-Cost Of Ending Inventory = $ 8,125 (H*(F-C) + (5000*0.5))

4 0
3 years ago
Suppose an economy is modeled with a production possibilities frontier or curve (PPF) for butter (vertical axis) vs. guns (horiz
Nonamiya [84]

Answer: B - a general improvement in technology affecting production of all goods

Explanation: The Production Possibility Frontier is a curve that shows the two combination of goods an economy can produce when all its factors of production are efficiently used.

Technological progress shifts the curve outward, away from the origin as more output would be produced using the same combination of factor inputs.

Shifting of resources from butter to gun would lead to movements along the curve as more gun would be produced and less butter.

Pacifism becoming less popular which increases gun production, would cause movement along the curve.

Increase in consumer desire for butter increase the amount of butter produced . This would generate a movement along the curve

4 0
3 years ago
The part of the computer that contain the brain or central processing unit, is also know as the A. Modem b. Monitor. C. System u
timofeeve [1]
The awnser is C. system unit
7 0
2 years ago
Toni just started a new job with a large company. she is unsure of what she should do at lunch time. she wonders, should she eat
nexus9112 [7]
<span>The correct answer is "the elicitation effect."

The Elicitation Effect refers to the process wherein a person gathers intellect or knowledge about a certain process t be able to cope up with it. Based on the given situation, Toni is using elicitation, because he is thinking of what to do during lunch break, yet he waited to see if what the other employees would do during lunch break then he would just follow what they will be doing.</span>
7 0
3 years ago
Read 2 more answers
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