Answer:
the monthly benefit taxable income would be $900
Explanation:
For a Plan of $1,000/month if the employer pays $90 and the employee pays the other $10 of a $100 group disability premium.
after paying the total amount of %100 according to the plan if the employee gets disabled then he will get 90% of the total amount which is taxable income.
Answer:The income elasticity of demand for steak in Cape Charles is ___6.0%____. In this​ instance, steak in Cape Charles is __A luxury good_____
Explanation:
The formula for calculating income elasticity is given as
Percentage Change in demand divided by the Percentage change in income
.
Income Elasticity = 12%/-2%= 6%
Luxury goods have an income elasticity of demand greater +1 what we can conclude from this is that buying streak from Cape Charles is not an essential economic activity because a fall in income resulted to a proportionate decrease in quantity demanded.
In this instance, steak in Cape Charles is a Luxury good _____
Answer:
True
Explanation:
Cash flow is a measure of the available cash and cash equivalent for operation in a business year.It has to be positive to generate value for investors and also to remain in business.
Profit is defined as the excess of income over expenses.
We need to know that profit are calculated on accrual basis, which means that income are recorded when earned and expenses recorded when incurred. In a situation where most sales are on account , i.e no instant cash payment and most expenses are on cash basis, this could cause a deficit in the cash flow volume. The level of inventory held could also lead to a negative cash flow despite a profitable operation if it is too high.
Answer:
1. Protection to trade secrets and patents:
a. Trade secrets are protected indefinitely. Generally, patents are granted for a maximum of 20 years.
b. The owner of a trade secret does not need to pay annual fee to defend the secret. A patent holder is required to pay an annual fee, in order to make the patent enforceable.
2. Important defense for defendants in trade secret cases that is not available to patent infringement defendants:
The defendant in a trade secret case will cite that the secret is still commercially valuable. But a patent holder cannot cite this because the patent is granted for a maximum of 20 years to stop stifling innovation.
Explanation:
Both trade secrets and patents are intellectual property rights which confer on their owners the exclusive use of their intellectual property. The major differences are in the duration and the defense of the rights. Patents, unlike trade secrets, do not last forever. Patents, again unlike trade secrets, must be defended periodically through the payment of fees.
Answer:
The depreciation for 2014 is $6900
The depreciation for 2015 is $9300
Explanation:
Please see attachment .
