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Alja [10]
3 years ago
13

Jordan performs services for Ryan. Which of the following factors, if any, indicates that Jordan is an independent contractor ra

ther than an employee?
A. Ryan sets the work schedule.
B. Ryan provides the tools used.
C. Jordan follows a specific set of instructions from Ryan to complete tasks.
D. Jordan is paid based on tasks performed.
E.None of these choices are correct.
Business
1 answer:
Vera_Pavlovna [14]3 years ago
8 0

Answer:

E.None of these choices are correct.

Explanation:

None of the choices was correct because all of them can be seen within a employee-employer relationship. One thing that could identify the contractor relationship is if Ryan has no formal obligations with Jordan in terms labor insurance, and employee allowances as pension funds or vacations.

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When Luke, Larry, and Lance lost their jobs during the recent recession, they pooled their resources, borrowed a little more, an
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Answer:

a) Limited liability company

Explanation:

Considering the options given, as an advisor the form of business that I would recommend is: limited liability company that is a structure in which the owners  are not responsible with their personal assets for the company's debts as the three owners are concerned about this risk.

I would not advise the other forms of business because the sole proprietorship is a firm that is run by one person, the general partnership is a structure in which two or more people agree to share unlimited liability which means that they share all their personal assets and are responsible for any debt the company has with them and the master limited partnership is a company that trades securities in the market.

4 0
3 years ago
Pepe, Incorporated acquired 60% of Devin Company on January 1, 2018. On that date Devin sold equipment to Pepe for $45,000. The
CaHeK987 [17]

Answer: $9000

Explanation:

Based on the values given in the question, the consolidated gain or loss on equipment for 2018 would be calculated as:

Cost of equipment = $120,000

Less accumulated depreciation = $66,000

Less: Amount Devin sold equipment to Pepe = $45,000

Consolidated loss= $120,000 - $66000 - $45000

= $9000

8 0
3 years ago
Jeannie plans to deposit $6,000 in a money market sinking fund at the end of each year for the next four years. What is the amou
Mnenie [13.5K]

Answer:

A. The first cash flow of an annuity due is made on the first day of the agreement.

G. The last cash flow of an ordinary annuity is made on the last day covered by the agreement.

Explanation:

The computation is shown below:

As we know that

Future value after 4 years is

= Annual deposit  × Cumulative FV factor at 9% for 4 periods of an ordinary annuity

= $6,000 × 4.57313

= $27,439

Therefore the above statements are true and the same is to be considered

Hence, all other statements are incorrect

5 0
2 years ago
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5 0
3 years ago
State whether the following sentences are true or false regarding the nature of fiduciary-type funds and the accounting measurem
geniusboy [140]

Answer:

a. Governments may access the resources of fiduciary funds to help support their own programs.

True

b. When a government sponsors an Investment Trust Fund, the portion that belongs to other governments is reported as assets of the Fund, but the portion belonging to the sponsoring government is not.

True

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True

Explanation:

7 0
2 years ago
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