Answer:
D) All of the employees may exclude the value of the meals from gross income.
Explanation:
Meals provided at the workplace (in this case the casino) by the employer are nontaxable fringe benefits. This means that the employees are not required to include them as part of their gross income.
Also, if the providing the meals benefits the employer, they can deduct 50% of the cost.
Answer:
Value of treasury note = 738000
Explanation:
Value of treasury note = Interest * PVAF(9.9%,5Years) + Maturity Value * PVF(9.9%,5year)
= 30000 * 3.800 + 1000000 * 0.624
= 738000
Answer:
Make decisions that maximize benefits
Explanation:
The whole purpose of a cost-benefit analysis is to allow management to make the best decisions using the measurment of profitability in a specific project or system. The model calculates all the income and benefits as well as all the associated costs, substracting the costs from the benefits. This is how you can determine the opportunity cost for each project or system.
<span>The student's IRB should reject the project because the student is treating the prisoners as subjects and conveniences. The student is only concerned about her research and is not really worrying about the prisoners, which could be viewed as inhumane. Even if the project were approved, the student would be put into a dangerous environment which would not be wise.</span>
