Answer:
the amount that should be excluded from the current liabilities is $750,000
Explanation:
The computation of the amount that should be excluded from the current liabilities is shown below;
= Number of shares in the common stock × selling price per share
= 30,000 shares × $25
= $750,000
Hence, the amount that should be excluded from the current liabilities is $750,000
Answer:
The incorrect statement is letter "B": Residents of Canada meet the definition as a qualifying person.
Explanation:
Credit for Other Dependent is a tax credit taxpayers can claim for every qualifying dependent that is not considered as a Child Tax Credit (17 years or older and elderly parents). The taxpayer can get up to $500 nonrefundable credit for each of those qualifying dependents. Residents of Canada and Mexico do not meet the definition of qualifying dependent.
I believe that the answer that would best complete the given statement above is the term MOBILE transaction. <span>The ability to conduct financial transactions through a smartphone is known as mobile or online transaction. Hope this is the answer that you are looking for. </span>
Answer: making sure customers are satisfied
Explanation: In simple words, service orientation refers to the mindset in the organisation under which all employees within work for a sole objective, that is, customer satisfaction.
Such behavior is implemented by the top management and requires continuous efforts. The domain of applicability of such behavior is after the sale is made.
This behavior is developed by the organisation to make sure that their market share remains constant and existing customers do not shift their demands.
Explanation:
It is given that in the market there are four equal-sized firms that produce similar products. The market is saturated such that 10% industry-wide price rise would lead to 18% decline in units sold by all firms in the industry. Going further, there is a proposed legislation that imposes a tariff on a key input used by the industry, which on realization would result in the increase in marginal cost by $2.
This means that the market elasticity of demand is:
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