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inysia [295]
3 years ago
6

Why are dividends from a mutual insurer not subject to taxation

Business
1 answer:
sergij07 [2.7K]3 years ago
7 0
Because dividends are considered to be a return of premium I hope this helps ya out
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(tco 5) _____ is defined as a pathway for the flow of authority from one management level to the next.
taurus [48]
<span>Chain of command is defined as a pathway for the flow of authority from one management level to the next.Chain of command is a hierarchy of authority where those at the top of the organization direct and control the activities of the organizational members below them.</span>
6 0
3 years ago
Mullis Company sold merchandise on account to a customer for $1,045, terms n/30. The journal entry to record this sale transacti
ki77a [65]

Answer:

Debit Accounts Receivable $1,045 and credit Sales $1,045.

Explanation:

Date  Account Titles              Debit    Credit

          Accounts Receivable    $1,045

              Sales                                        $1,045

7 0
3 years ago
Karen and Ethan execute the same roles and responsibilities at their organization. However, Ethan earns more than Karen. Under t
Arturiano [62]

Answer:

The answer is B. Ethan has more experience than Karen.

Explanation:

Now, lets take each Answer option separately and see why only B is correct.

Option A is no longer legally accepted or ethical. Perhaps during the era of segregation back in 1960s' this option could have been acceptable. But today it is illegal and is considered as a violation of basic human rights.

Option C is not correct as well because although people with special needs and physical requirements are entitled to receive certain special treatments, paying them more solely based on their disability is not considered suitable nor ethical.

Option D is unacceptable. No one can assume that men have more stamina than women. There are competent, strong and qualified women who can do their jobs much better than men. So we cannot accept this as an answer.

Option E is incorrect as well. Although a person could be an immigrant, once that person has lawfully taken the citizenship of a country, that "immigrant" is considered as a "citizen" of that country (this is not applicable for illegal immigrants!).

However, we can take option B as the answer. This is because when comparing a new employee with a more experienced employee, we can't see any problem in paying the experienced employee more.

4 0
3 years ago
Required information Subsequent Events-Two Types Read the overview below and complete the activities that follow Oftentimes a CP
Drupady [299]

Answer:

Explanation:

Situation                                                            Type Logic

During the audit, a customer with a large A/R balance at year end declares bankruptcy Type 1 Facts were available on balance sheet date

a lawsuit…...thereafter Type 1 Facts were available on balance sheet date

A flood damages….after year end Type 2 Facts were not available on balance sheet date

Conditions that….after the balance sheet date Type 2 Facts were not available on balance sheet date

Additional evidence….balance sheet date Type 1 Facts were available on balance sheet date

7 0
3 years ago
Charles Wilson, the CFO of Sunland Automotive, Inc., is putting together this year's financial statements. He has gathered the f
Sholpan [36]

Answer:

The long term debt is $167,721

Explanation:

Workings are attached.

Download xlsx
6 0
3 years ago
Read 2 more answers
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