Answer and Explanation:
The computation of the income tax liability for each situation is given below:
a. Tax Liability on Darter Corporation is
= 21% of $68,000
= $14,280
b. Taxable liability On Owl Corporation is
= 21% of $10,800,000
= $2,268,000
c. Tax liability on On Toucan Corporation, a personal service corporation is
= 21% of $170,000
= $35,700
In this way it should be calculated
<span>The 1980s were the time period in which marketing in the healthcare field really began to take off. This was when Baby Boomers were beginning to reach the edges of middle age and it made sense to market their healthcare choices to them before they reached an age where their choices would become limited.</span>
Answer:
Option (A) is correct.
Explanation:
Return on investment = (operating profit ÷ Invested capital) × 100
= ($171 million ÷ $610 million) × 100
= 0.28 × 100
= 28%
Residual income:
= operating profit - (Invested capital × Imputed interest rate)
= $171 - ($610 ×20%)
= $171 - $122
= $49 million
Therefore, Trailer’s return on investment (ROI) and residual income is 28% and $49 million, respectively.
Answer:
A, B, E
Explanation:
Stores of U.S company should be easily accessible via public transport and product experts should be available to guide them. Because culture of this country is different from U.S, People visit stores more frequently so they buy in small quantities and like to shop in their neighborhood. so stores should be easily accessible. Also no need to store bulk amount of product.
Answer:
A). The product must be unreasonably dangerous.
Explanation:
The 'product liability theory of strict liability' law may consider the manufacturer or retailer liable for injuries caused by the use of their product even if that product has been designed safely for the consumers and it contains a warning label also that clearly states the harm it may cause. But the application of strict liability takes place only on the condition of 'the product being unreasonably dangerous' and the risk of harm(as thought by manufacturer) surpasses the advantages. Thus, <u>option A</u> is the correct answer.