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FromTheMoon [43]
4 years ago
11

The maximum penalty for failure to report that you accepted a gift from a non-federal entity may result in

Business
1 answer:
Rasek [7]4 years ago
7 0

The term "gift" is broadly defined and includes any gratuity, favor, discount, entertainment, hospitality, loan, forbearance, or other item having monetary value. It includes services as well as gifts of training, transportation, local travel, and lodgings and meals, whether provided in-kind, by purchase of a ticket, payment in advance, or reimbursement. 

For failure to report the acceptance of a gift from a non-federal entity may result in punishment under the UCMJ - the Uniform Code of Military Justice.

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Don James purchased a new automobile for $15,000. Don made a cash down payment of $3,750 and agreed to pay the remaining balance
Kamila [148]

Answer:

The monthly payments are calculated below.

Explanation:

Total monthly instalments= 15,000-3,750

=11,250

Amount payable at 24% annual financing;

A=P (1+r/100)n

=11,250(1+24/100)30/12

=$642

FV=PV (1+r)n

i) FV=12,000*(1.08)16

= $41,111

 

ii) FV =16,000*(1.05)15

= $33,263

iii) FV =29,000*(1.11)12

= $101,455

iv) FV =49,000*(1.04)7

= $64,481

3 0
3 years ago
esearch on transformational and transactional leadership shows a. transactional leadership is more effective than transformation
Morgarella [4.7K]

Based on various study analyses, the research on transformational and transactional leadership shows that "<u>transformational leaders create higher levels of commitment to organizational change efforts."</u>

This is because transformational leaders are the type of leaders that encourage and motivate their followers to make effective changes.

On the other hand, transactional leaders are types of leaders that mainly promote changes that favor their self-interest.

Hence, in this case, it is concluded that the correct answer is option C. "<u>transformational leaders create higher levels of commitment to organizational change efforts."</u>

Learn more here: brainly.com/question/14352853

6 0
3 years ago
Why consumer is important in economy?; How is the economy affected by wise consumers?; How does consumer demand affect a company
ivolga24 [154]
Consumers play a key role in raising demand for goods and services that have adopted circular economy principles. Moreover, The increase in consumer spending in turn helps the economy sustain its expansion. A undersupply and high demand will cause the company to be constantly running out of items and displeasing customers. Overall, a consumers demand is an economic measure of a group's desire for a product or service based on availability.
8 0
1 year ago
Allegheny Company ended Year 1 with balances in Accounts Receivable and Allowance for Doubtful Accounts of $68,000 and $3,450, r
podryga [215]

Answer:

$8,250

Explanation:

Relevant data provided for compute the Uncollectible Accounts Expense is here below:-

Amount written off = $6,300

Closing balance = $5,400

Opening balance = $3,450

The computation of Uncollectible Accounts Expense is shown below:-

Uncollectible Accounts Expense = Amount written off + Closing balance - Opening balance

= $6,300 + $5,400 - $3,450

= $11,700 - $3,450

= $8,250

Therefore for computing the Uncollectible Accounts Expense we simply applied the above formula.

3 0
3 years ago
Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $112,5
sammy [17]

Answer:

Estimated Over head applied = ($112500 / $125000) *100 = 90% of Direct labor cost.

Thus, Actual Over Head applied = 90% of $120000 = $108000

Moreover, Actual Over Head incurred = $107400  

 

Therefore, Overhead Over-applied is to be applied as the Actual Overhead applied is higher than the Actual Overhead Incurred

Overhead Over-applied = $108000 - $107400

Overhead Over-applied = $600

The entry to close the over-applied overhead at year-end would include:

i. Over-head A/c will  be debited for $600

ii. Cost of goods sold will to be credited for $600

7 0
3 years ago
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