Answer: Option D
Explanation: As per the tax laws, the activities in which the taxpayer has expertise in and he or she is getting some kind of monetary benefit from performing it, then such activity will be seen as a business.
However, if the taxpayer do not repetitively perform an activity and derives no personal gain other than pleasure from performing such activity, then it will be a hobby.
Hence from the above we can conclude that the correct option is D.
Answer and Explanation:
The journal entry for recording the sale of the stock is shown below:
Cash Dr ($51,630 - $600) $51,030
To Investment ($68,850 × 1890 ÷ 2700) $48,195
To Gain on sale of investment $2,835
(Being the sale of the stock is recorded)
Here the cash is debited as it increased the assets, the investment and gain is credited as it reduced the assets but increased the revenue
Answer:
THE EFFECTS OF TECHNOLOGICAL CHANGE on the global economic structure are creating immense transformations in the way companies and nations organize production, trade goods, invest capital, and develop new products and processes. ... All this has both created and mandated greater interdependence among firms and nations.
Explanation:
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Answer:
The correct answer is B
Explanation:
MNCs stands for the Multinational Corporations, which took the investment projects in the foreign country, knowing the fact that the local firms have inherent advantages. This means that the MNCs also have the significant benefits over the local firms like they have the comparative benefits because of the intangible assets as the intangible assets contributes value in the business.
Answer:
Realidades 2 WKBK page 109
Explanation:
Realidades 2 WKBK page 109