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m_a_m_a [10]
3 years ago
8

Identify which of the following statements is false.

Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

Answer: The correct answer is "D. A​ shareholder's S corporation stock basis will increase when the shareholder acts as guarantor on a corporate indebtedness.".

Explanation: The statement D. A​ shareholder's S corporation stock basis will increase when the shareholder acts as guarantor on a corporate indebtedness. is <u>FALSE</u> because a shareholder's S corporation stock basis does not increase when the shareholder acts as guarantor on a corporate indebtedness.

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A(n) _____ organization is characterized by a relatively low degree of job specialization, loose departmentalization, few levels
lbvjy [14]

Answer:

organic

Explanation:

Based on the information provided within the question it can be said that the type of organization that is being described is called an organic organization. This is a type of organization that is extremely flexible, thus allowing it to easily adapt to changes in it's environment. Such aspects as the ones described in the question allow an organization to become flexible.

3 0
3 years ago
Read 2 more answers
Adam plans to invest $1500 today in a mutual fund. if he earns 12 percent interest compounded monthly, to what amount will his i
konstantin123 [22]
Starting amount is $1,500, 12% interest that compounds monthly and it will grow over a period of 20 years. Using a calculator it comes out to a total of <span>$16,339.07</span>
4 0
3 years ago
Without prejudice to your solution to part (a), assume that you computed the June 30, 2020, inventory to be $60,480 at retail an
nataly862011 [7]

Answer:

The June 30, 2020, inventory at the June 30 price level under the dollar-value LIFO retail method:

$65,318.40

Explanation:

a) Data and Calculations:

June 30, 2020 Inventory = $60,480 at retail

Ratio of cost to retail = 68%

Inventory at cost = $41,126.40 ($60,480 * 68%)

General price level increase from 100 to 108

Inventory at the June 30 price level under the dollar-value LIFO retail method:

Inventory at cost = $44,416.50 ($41,126.40 * 108/100)

Inventory at retail = $65,318.40 (44,416.50/68%)

3 0
3 years ago
An inferior good is Multiple Choice
stealth61 [152]

Answer:

B. not accurately defined by any of these statements.

Explanation:

An inferior good is defined as one whose the quantity demanded decreases as the income of its consumers increases and vice versa.

<em>Option A is incorrect because the income elasticity for inferior goods is negative and therefore, as the income of the consumers increases, the demand curve shifts to the left.</em>

<em>Option C is incorrect because an inferior good does not necessarily mean a fake good. A good can be inferior but yet meet all the standards for approval by the FDA.</em>

<em>Option D is incorrect. The price and quantity demand for inferior goods, just like normal goods do not vary directly. This is only applicable to luxurious goods.</em>

None of the statements in A, C, and D accurately defined an inferior goods.

Hence, the correct option is B.

4 0
3 years ago
Read 2 more answers
n 2021, nora (28) lived with her daughter, avery (4), her brother, jack (19), and her fiancée, luke (30) for the entire year. no
expeople1 [14]

The Appropriate response is option (one).

  • As the relative cannot have a gross income of more than $4,300 in 2021 and be claimed by you as a dependent, only Avery qualifies as a dependent for Nora.

Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.

<h3><u>How do gross and net income differ?</u></h3>
  • Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account

To learn more about Gross income, Click the links.

brainly.com/question/26479727

brainly.com/question/547727

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3 0
1 year ago
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