Answer:
Group decision making
Explanation:
In group decision making, the different members of the group can share a larger pool of knowledge because two or more people tend to know more things that one (it's not always the case, but it's most often the case).
A group of people also offers diverse perspectives because each person sees the world differently.
Finally, when a group is involved in making a decision, the commitment to that decision can be deeper because more people feel responsible for it.
Answer:
Consumer Products Division's residual income in May is $2,600
Explanation:
Residual Income is the dollar amount of the divisional operating profit over its cost of acquiring capital to purchases its operating assets.
Residual Income = Operating Income - (Operating Assets × Cost of Capital)
Therefore,
Residual Income = $133,100 - ($1,450,000 × 9.00%)
= $2,600
Answer: D. liable in strict liability based on a manufacturing defect theory.
Explanation: The company can be held liable based on manufacturing defect theory, if it is proved that it was because of a manufacturing defect on that particular toaster that lead to the dead of the boy.
Since the woman's son was electrocuted by the toaster for no apparent reason the company will be held liable for the dead of the boy.
Answer:
The tax treatment of up-front financing costs calls for these expenses to be amortized over the life of the loan. However, if the loan is prepaid prior to the term of the loan (perhaps because the property is sold), the tax treatment of these costs changes. If up-front financing costs on a 30-year loan total $6,000, and the loan is prepaid in full at the end of year 5, what is the maximum amount that the investor can deduct when calculating taxable income from rental operations in year 5?
The Maximum Allowable Deduction in year 5 = $6,000 - $800 = $5,200
Explanation:
Up-front financing costs per annum = Loan amount/ number of years
= $6,000 / 30 = $200
Total financing costs deducted till the fourth year = $200 x 4 = $800
Maximum Allowable Deduction in year 5 = $6,000 - $800 = $5,200
Therefore, the Maximum Allowable Deduction in year 5 = $6,000 - $800 = $5,200
A. A sole proprietorship <span>is the type of business ownership that has the highest personal liability risk. You are on your own there, and if you make a mistake, the who business fails. </span>