Answer:
A) Katie's maximum deduction is $200,000 x 20% = $40,000
But we must check that her deduction meets 3 requirements:
- cannot exceed 50% of her earned wages = $300,000 x 50% = $150,000 ✓ requirement met
- cannot exceed 25% of her earned wages + 2.5% of qualified property = ($300,000 x 25%) + ($150,000 x 2.5%) = $78,750 ✓ requirement met
- cannot exceed 20% of taxable income = $400,000 x 20% = $80,000 ✓ requirement met
B) Katie's maximum deduction is $400,000 x 20% = $80,000, but since her net business income is higher than her taxable income, she must calculate 20% x $350,000 (taxable income) = $70,000 (same as requirement 3 in previous answer)
A monopoly is when one thing has control over the market they are in. It's a good thing for us as consumers of the U.S. postal service being a monopoly because we do not have to deal with price wars between competing companies. Due to the USPS being our best option for mailing various items in the United States and to other countries we don't have to constantly figure out which option of shipping is the best to ship and where they are in relation to where we live. The USPS is located all over the United States and deliver and pick up at almost every residence.
<span>I believe that if the executives exercised their option to use their fair value method, it would lower the firm's net income for 2017, thereby lowering the overall value of the stock. As a private firm, they do not have to use the fair value method. The compensation expense will also be lower. It would also devalue the projection for the following year.</span>
Answer:
The above statement is false .
Explanation:
When the values of subcultures do not match those of the large organisation , the subculture do not know as fragmented cultures.
Instead, the fragmented culture , is that in which the employees working in an organisation are not connected to each other. They work together but they are disconnected from each other .
Fragmented culture is very bad for any organisation . In fragmented culture the goals of all the persons working in the organisation are not unified , this can destroy an organisation . Even there is no trust in between the person working in the organisation .
