Answer:
B) Transferring interest income from a taxpayer's investment to his young daughter
Explanation:
If you want to pay less taxes there are two basic ways that you can do it:
- moving income (and deductions) to a more favorable tax jurisdiction, e.g. many multinational corporations did this by setting foreign headquarters that managed sales outside the US
- moving income form a tax payer that falls under into a high tax bracket to another taxpayer that falls under a lower tax bracket, e.g. giving stock to your children as a gift
Answer:
a. $800
b. $1,000
Explanation:
In this case, the opportunity cost of holding the money instead of buying a U.S. Treasury bond is determined as the yearly interest payed by the bond.
a. interest rate = 8%
The opportunity cost of keeping the $10,000 is:
b. interest rate = 10%
The opportunity cost of keeping the $10,000 is:
Answer:
$128,900
Explanation:
Cost of goods sold calculation
Opening Finished goods inventory $32,400
Add cost of goods manufactured $122,900
Less Closing Finished goods inventory ($26,400)
Cost of goods sold $128,900
therefore,
The cost of goods sold for the year is $128,900.
Answer:
Petra,a plant manager ,received an e-mail from the CEO stating that the company will now be focusing on customer service.The e-mail also stated that all plant managers need to implement this policy and coordinate the activities related to this strategy for their lowest level mangers.Petra is a <u>middle level manager.</u>
<u>Explanation</u>: Middle level managers extract the information from top level managers who are above them and supervisors who are below them.They give data and facts back in the organisation.They act as a connecting link between top and lower level of management.
Middle level managers are responsible for making any changes needed in an organisation.They look after day to day routines and make sure everything is in accordance with the requirements of the concern.
Middle level managers needs to have following skills:
- They must have ability to hire good individuals for concern
- Very good communication skills
- They must have ability to delegate
- They must be capable of making strong decisions.
Answer:A. Net proceed $13,700,000
($20*700,000)-$300,000
B. Earnings per share $2.17
$6500,000/3,000,000 shared
C. Earnings per share $1.76
$6,500,000/3,700,000 shares
