I believe that the answer to the question provided above is <span>worldcom try to structure the transactions to get a “step-up” in the tax bases of mci’s assets because he doesn't have enough influence to do so.</span>
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Answer:
$3,800
Explanation:
The computation of the after-tax benefit is shown below:
= Annual dinner club membership cost - annual dinner club membership cost × her marginal tax rate
= $5,000 - $5,000 × 24%
= $5,000 - $1,200
= $3,800
We simply deduct her tax expense from the annual dinner club membership cost so that the accurate amount can come.
All other information which is given is not relevant. Hence, ignored it
Answer: D) Project A is better than project B for this company at this point in time.
Explanation:
Option D is the best option because we do not know that the basis for the scoring model directly translates to earnings. The scoring of Project A at 30 does not necessarily mean that it's expected to earn those amounts of revenue and therefore triple that of Project C. We do not know because the information is not complete.
What we do know is that A has the highest score out of all projects and this is why it is better to do Project A as opposed to Project B.
Answer:
The correct answer is C. This claim is most likely based on the right to substantive due process.
Explanation:
Substantive due process is a means by which the government's ability to interfere with the fundamental rights of individuals is limited. In this case, the fundamental right violated is that of freedom of expression, guaranteed by the First Amendment. Thus, since it is a right with constitutional protection, the government cannot curtail its operation without the due legal process necessary for this purpose.
Answer:
b. False
Explanation:
LIFO stand for Last in First Out. This means LIFO inventory valuation is based on earlier goods purchased.
So, when costs are decreasing, they are affecting latter prices and this usually affect FIFO (First in First Out) not LIFO.