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tatyana61 [14]
4 years ago
13

Omar is Precise Service Company's chief executive officer. On Precise's behalf, Omar solicits business, hires and fires workers,

and handles the finances. Precise pays Omar varying amounts, depending on his "needs." Omar is most likely
A. a principal.
B. an employee.
C. an employer.
D. an independent contractor.
Business
1 answer:
DaniilM [7]4 years ago
7 0

Answer:

The correct answer is the option A: a principal.

Explanation:

To begin with, the term of <em>''principal''</em> in the field of business refers to the individual who may have many roles inside an organization but he is basically one of the most importants person in the company. Moreover, the figure of the principal is sometimes related to the owner of the business or to the chief executive officer as well. Therefore that Omar is most likely a principal in Precise Service Company.

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What problems seem to emerge when an organization gets larger
ozzi

Answer:

Difficulties with sharing due to the overpopulation

Explanation:

6 0
3 years ago
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When starting a new job, the form you complete to determine how much tax to withhold from your paycheck is called the _______.
VMariaS [17]
You would fill out a W-4 form. Hope this helps:)
7 0
3 years ago
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Fluno Corporation has 1 million shares outstanding at the end of fiscal 2005. Its stock is trading at $15 per share. It issued $
damaskus [11]

Answer:

Fluno's price-to-book ratio is <u>1.5</u> and Fluno's dividend yield ratios is <u>4%</u> for 2005.

Explanation:

total equity = $10 million

book value per share = $10 million / 1 million shares = $10 per share

price to book ratio = $15 / $10 = 1.5

dividend per share = $0.6 million / 1 million shares = $0.60 per share

dividend yield ratio = annual dividend / price per share = $0.60 / $15 = 0.04 = 4%

8 0
3 years ago
Deferred income taxes arise because a. corporations often make errors in their tax estimations. b. companies can use accounting
svetlana [45]

Answer:

b. companies can use accounting methods that minimize net income for tax purposes and other methods that maximize net income for reporting to shareholders.

As they use a basis for accounting and prepare the financial statement temporary difference arise which, are settled overtime as in the end both, tax basis and accounting basis much get the same income

The most common example is depreciation if a company uses S179 and depreciate the entire of the asset purchase next year, while the accounting will have a depreciation expense associate with the equipment for tax purposes this assets basis is zero as it was completely depreciate thus, it will have a higher income making more tax payable than accounting income tax expense.

Explanation:

a. corporations often make errors in their tax estimations.

While this can occur is not the reason for deferred income taxes

c. the IRS owes a company a refund from last year.

No, the refund will not generate deferrd income tax It will be a receivable for the company.

d. large corporations generally have operations in foreign countries whose tax law is quite different from U.S. tax

While corporations do operate in foreing countries these doesn't necessary generate deferred taxes. Difference arise when the company uses a different method in his accounting than the State to determinate the tax basis.

8 0
3 years ago
A $20,000 loan with interest at 3.5% is being repaid by 35 level annual payments. The first payment is due one year after the lo
Klio2033 [76]

Answer:

To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.

Therefore upon calculating the loan after the seventeenth year we have $19252

The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330

Therefore, the balance calculated after the twenty-seventh instalment = $6150

Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.

Explanation:

To find EMI (P) we know that the yearly EMI for the loan of $20000 for 35 years at an interest of 3.5% is $992 per year.

Therefore upon calculating the loan after the seventeenth year we have $19252

The EMI calculated after the one-third permitted on the seventeenth payment is, therefore: $992*1/3= 992/3=$330

Therefore, the balance calculated after the twenty-seventh instalment = $6150

Therefore the yearly EMI (P) for the loan of $6150 at 4% for the remaining eight years is $900 per year.

4 0
3 years ago
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