Answer: an offset against ordinary income of $3,000 and a NSTCL carryforward of $2,400
Explanation:
Feom the question, we are told that in the current year, Norris, an individual, has $59,000 of ordinary income, a net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700.
From his capital gains and losses, Norris reports an an offset against ordinary income of $3,000 and the a net short-term Capital loss (NSTCL) balance carryforward will be the difference between the net short-term Capital loss (NSTCL) of $9,100 and a net long-term capital gain (NLTCG) of $3,700 and the offset against ordinary income. This will be:
= ($9100 - $3700) - $3000
= $5400 - $3000
= $2400
They're the opposite of perishable goods.
Meaning, that durable goods can be left on the shelf for a while, and don't need to be imediately consumed.
Hope this helps!
Answer:
The automotive company has run into bribery and corruption, one of the most common ethical challenges businesses faced today as they expand internationally.
Explanation:
As with the given scenario above, this company had three potential countries in which to expand their business of building a factory. These countries asked for an amount of extra kickbacks in exchange for helping the company run their business with ease.
However, in the business world, <em>kickbacks</em> are considered an illegal form of payment (or bribe) that one may gave as a compensation to an individual or organization with a considerable superiority and great influence in exchange for an improper advantageous treatment or service.
Such misappropriation of money violates the state or federal laws, which makes it a form of corruption.
Now, the automotive company from the given scenario had faced a dilemma whether to accept the bribe or not. It's a challenge for them as their decision might positively or negatively affect their business expansion.
Answer:
yes I do believe it is ethically and morally wrong to pay bribes
Answer:
148.31
Explanation:
The normal price in dollars is (87.89)(2.25), and the 25% discount corresponds to multiplying this result by 0.75. Carrying out the arithmetic, the price is (87.89)(2.25)(0.75) = 148.31.
