Answer:
The answer is Lola should acknowledge a $3,000 from this distribution.
Explanation:
From the question given, we say that, Lola should acknowledge a $3,000 from this distribution.
Recall that
The Cash Distributed cash = $ 25,000
The Basis in this ownership of interest is = $22,000
The Gain = $3,000
Lola basis after the distribution is zero.
Therefore Lola should accept this distribution of a $ 3000
<u>Answer</u>:
<u>Should create a non disclosure agreement policy</u>
<u>Explanation:</u>
This is a legally binding agreement that mandates parties to a contract in this case between an employer with an employee, in which the employee agrees not to disclose publicly or to any one negative information about the company that is deemed confidential (secret or private), and that may affect the company negatively.
Thus, to reduce the worries of the board and CEO, Joanie should create a non disclosure agreement signed by employees.
Answer:
Explanation:
Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.
There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.
The outstanding deposits is computed below:
= Company cash receipts - bank deposited
= $74,640 - $71,375
= $3,265
And, the outstanding checks is computed below:
= Company written checks - Processed by bank
= $72,515 - $71,270
= $1,245
The preparation of the bank reconciliation statement on October 31, 2015 for Damon Company's is presented in the spreadsheet. Kindly find the attachment below:
Answer:
b. The goals of the politician and the goals of the job seekers would not be aligned, since unemployed individuals would have a stronger incentive to remain unemployed
Explanation:
Unemployed people would have the incentive to seek employment so as to meet basic needs. But if the politician is already meeting that need, there would be no incentive for the unemployed to seek employment. So, the goal of the politician and job seekers aren't aligned.
Answer:
d. you have the opportunity to make more money when you invest compared to what you can earn putting your money in a savings account
