Answer:
Correct answer is (A)
Explanation:
taxable income allocable to the business computed without regard to interest income; depreciation, amortization, or depletion; interest expense; and net operating loss deductions
Answer:
C. multidomestic
Explanation:
In a multidomestic international operations strategy, foreign branches of a multi national corporation decide their own strategy as per that country's needs, tastes, traditions and culture.
In such cases, the strategies adopted at branches could be entirely different from those employed by the parent company.
Such a strategy ensures a greater degree of independence or autonomy and at the same time, allows delegation of authority to the lowest level i.e decentralization.
Delegation refers to assigning of authority by a superior to his immediate subordinate. When delegation is carried out to the lowest organizational level, it is referred to as decentralization.
Answer: No, because Mallory and Raghav are not bound by the contract.
Explanation: Being bound by a contract entails being linked to a written agreement, the breaching of which could result in consequences lying with the person who breached the contract. However when this contract was entered into, there was a clause that allowed the parties to cancel the contract at any time. When Mallory fired Raghav the contract was subsequently cancelled, making the contract null and void (non - existent). This means that Raghav is not entitled to the outstanding 10 months' salaries.
The first step that an investor should take before beginning to invest should be to establish investment objectives.
Answer:
The maturity value of the note is <u>$132,000</u>
Explanation:
A Loan note is a promissory note that is signed to make a promise of an amount of Loan taken by someone that to be returned after a specific time with interest value at a defined in the loan note.
The maturity value of the loan note can be calculated as follow
Face value = $120,000
Interest rate = 10%
Time period = 1 years
Use following formula to calculate the maturity value of the loan note.
Maturity value = Face value x ( 1 + interest rate )^ numbers of years
Placing values in the formula
Maturity value = $120,000 x ( 1 + 10% )^1
Maturity value = $132,000