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Slav-nsk [51]
3 years ago
9

A home based business is part of what industry

Business
1 answer:
GREYUIT [131]3 years ago
6 0

Answer:

Explanation:

Cottage industry

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During the year, Kim sold the following assets: business auto for a $1,000 loss, stock investment for a $1,000 loss, and pleasur
Anton [14]

Answer:

c. $2,000

Explanation:

total loss claim = business auto loss + stock investment loss

                         = $1,000 + $1,000

                         = $2,000

Therefore, The Kim may claim $2,000 of these losses.

3 0
3 years ago
Describe the nature and purpose of a "peer review." Would peer reviews of Friehling & Horowitz have likely resulted in the d
LenKa [72]

Answer: The primary purpose of peer review is to ensure that the papers published are valid and unbiased. In single blind reviews authors do not know who the reviewers are. In double blind reviews authors do not know who the reviewers are, nor do reviewers know the identity of the author

Explanation: The Peer reviews from Friehling and Horowitz  did not really give a concise  picture  in the discovery of Madoff fraud case . On March 12, 2009, Bernard L. Madoff pleaded guilty to 11 counts of fraud, perjury, and money laundering connected with the largest Wall Street Ponzi scheme ever recorded a reported $65 billion. Madoff faces a potential prison sentence of 150 years. But since December 2008, attention has turned to David G. Friehling, Madoffs accountant Friehling was arrested on March 19, 2009, and charged with securities fraud and with aiding the investment advisor fraud committed by Madoff.

A civil case was filed by the Securities and Exchange Commission (SEC) against Friehling and his accounting firm, Friehling & Horowitz, CPAs, P.C., on March 18, 2009. The SEC alleges that Friehling (and Friehling & Horowitz) purported to audit and certify the financial statements and disclosures of Bernard L. Madoff Investment Securities LLC (BMIS) from 1991 to 2008, thereby enabling Madoffs Ponzi scheme to go undetected.

7 0
3 years ago
A financial analyst is attempting to assess the future dividend policy of Environmental Systems by examining its life cycle. She
GrogVix [38]

Answer:

Consider the following calculations

Explanation:

A. Dividend per Share = Dividend Payout Ratio * Earnings Per Share

Putting the values given to calculate dividend per share we get,

Stages DPS = Payout Ratio * EPS DPS

Stage 1 =0.00*$0.30                         $0

Stage 2 = 0.13*1.95                         $0.25

Stage 3 =0.31 * $ 2.80                         $0.868

Stage 4 = 0.56*$3.40                         $1.90

b. Calculation of Investors After Tax Income from Cash Dividend:-

Cash Dividend = Number of Shares * DPS in Stage IV

= 290 * $ 1.90

= $552.16

After Tax Income = DIvidend ( 1 - Tax Rate)

= $ 552.16 ( 1- 0.15)

= $ 469.34

C:- In Stage II and Stage III for Growth & Expansion respectively, the firm is likely to utilise stock dividend or stock split.

5 0
4 years ago
What is the difference between gross pay and net pay?
Readme [11.4K]
The gross pay is their total salary before any taxes and other withholdings are deducted from their paycheck. The net pay is the income that an employee would receive after all possible deductions have been made. This represents the actual total amount of money they can use, or their take-home pay.
4 0
3 years ago
Read 2 more answers
Which of the following is not an assumption of the decision-making process followed by consumers to maximize utility? rev: 04_09
Anton [14]

Answer:

The correct answer is d.The consumer does not consider the prices of the products.

Explanation:

The concept is simple. The law of supply says that the entrepreneur is willing to produce more if he can sell more, because his personal ambition for profitability leads him to this point. The law of demand says that the buyer is willing to buy at the price that he considers “fair”, and the lower it is, the more demand he will have, not only for the issue of the sense of balance between cost and benefit, but for the same income distribution: there are more people with less income.

4 0
4 years ago
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