Answer:
Provide recommendations and resolve issues not specifically connected to production
Explanation:
Parallel teams can be regarded as highly task-focused team ,which is been drawn on individuals ranging different functional areas as well as locations. This team are usually generally make completion to their work base on defined schedule. In most cases, parallel teams are not usually disbanded but they could be there so they can handle a subsequent set of tasks. It should be noted that One of the the purpose and activities of a parallel team is to Provide recommendations and resolve issues not specifically connected to production.
Answer:
$7,500
Explanation:
Taxable income:
= Income from operations + Dividends received - Expenses from operations
= $200,000 + $15,000 - 140,000
= $75,000
Deductions is allowed only to the maximum extent of 10% of the taxable income of the corporation.
Therefore,
Kingbird's charitable contribution deduction:
= 10% of Taxable income
= 0.1 × $75,000
= $7,500
Answer: D. A and B only
Explanation:
In a fix exchange rate, the country can address problem of currency market pressure that threaten yo lower or raise the value of its currency by this under listed measures;
1. if demand falls, then countries must increase demand by buying up the excess supply with domestic currency
2. if demand rises, countries must fill the excess demand for foreign currency by selling their reserves.
Answer:
Correct option is C.
<u>$25,000, $25,000.</u>
Explanation:
Gross profit on sale = (300,000-250,000)/300,000 = 16.67%
Gain recognized in:
Year 1 = 150,000 * 16.67% = 25,000
Year 2 = 150,000 * 16.67% = 25,000
