Answer:
Allowable Business Expense is $50
Explanation:
The entertainment expenses that were paid before the business deal are allowed business expenses and those entertainment expenses that were incurred after the business deal are disallowed business expenses.
So here, the entertainment expense that includes meal which is worth $100 and is the only allowable business expense here that was incurred before the business deal.
The meal with clients are 50% deductible which means only 50% of the $100 is allowed as business expense.
Allowable Business Expense = $100 * 50% = $50
<span>The soap manufacturer is in the decline stage of plc.As the company that manufactures soaps begins to sell them to restaurants and hotels to extend their product's life tells that their soap is not being purchased by customers and so as to overcome their cost of making soap they are selling it to restaurants and hotels.</span>
Answer:
7.58m
Explanation:
The VelSad is considering to acquire Po, Inc. by offer of 20 million cash or either 44% holding. The cost of acquisition refers to all cost incurred by a company to acquire another company. The benefit VelSad can get after acquiring Po, Inc is that it can save marketing and administrative cost by $560,000 every year. The cost of stock offer is 7.58 million. This is calculated by taking 44% of VelSad value and then discounting it at cost of capital which is 10%.
When the first question is asked. Up until then you could decide to walk away.
The complete question with diagram is attached
Answer:
($3.00, 420 lbs) and ($2.10, 510 lbs)
Explanation:
A shift in demand occurs when the quantity of a product consumers wants changes at all price levels.
A shift to the right indicates an increase in quantity demanded at all prices, while a shift to the left indicates a reduction in quantity demanded at all prices.
In the given scenario there is a shift in demand to the right with increase in 20 lbs of onions.
So at every price level there will be an increase in quantity demanded by 20 lbs.
According to the diagram at price $3 quantity initially demanded was 400 lbs. With the demand shift it will now be 400 + 20 = 420 lbs.
At price $2.10 demand was initially 490 lbs now it will be 490 + 20 = 510 lbs
