Kevin must take in $2,500 into his gross income. This is for
the reason that the $13,000 ($70,000 -$57,000) discount got on the M3 is bigger
than the qualified employee discount of$10,500 (sales price of $70,000 multiplied
by the average gross profit percentage of 15%). There is no gross income from
the acquisition of the 530 because the $9,000 ($63,000 - $54,000) reduction is
less than the qualified employee discount of $9,450 ($63,000 multiplied by the
average gross profit percentage of 15%).
Answer:
A)control corporate behavior
Explanation:
Sarbanes-Oxley Act which came up in 2002, can be regarded as Public Company Accounting Reform and Investor Protection Act, is a reform act for public companies and investor protector. Sarbanes-Oxley Act was popped up in U S in order to to get the auditing of public companies fixed. It should be noted that the Sarbanes-Oxley Act was passed in an effort to control corrupt corporate financial behavior.
The key to managing relationships to achieve customer success is <u>to </u><u>coordinate your unique talents</u><u> with the</u><u> success criteria</u><u> of your clients.</u>
<h3>What is customer success?</h3>
Customer Success is a long-term, professionally managed, scientifically developed business strategy for increasing customer and business sustainable demonstrated profitability.
A solution to the fundamental problems of customer portfolio development, retention, and expansion is what the developing role is all about. Customer Success is actually the merging of the roles and responsibilities of marketing, sales, professional services, training, and support into a new career. An in-depth understanding of the clients, practical skills in the product being sold, and broad domain knowledge are the three fundamental components of this rising profession.
Sustainable business profitability and growth are the ultimate strategic objectives of the Customer Success function. Making your clients as profitable and productive as you can is the strategy.
Thus,<u> </u><u>Option c)</u><u> To align your distinctive competencies with customers' success factors </u>is the correct answer.
For more information on Customer Success, refer to the given link:
brainly.com/question/28218612
#SPJ4
Answer:
4.71
Explanation:
Cash coverage is a financial tool to calculate the proportion of available cash to interest expenses. It is useful in that it gives a deeper insight into available cash to offset interest expense and guide towards proper investment of cash.
<u>Workings</u>
Cash coverage ratio = cash + cash equivalent / interest expenses.
To arrive at the cash equivalent , depreciation is added back to the net income
Cash equivalent = 15,585+ 2,525 = 18,110
Interest expenses = 3,846
Cash coverage ratio = 18,110 / 3,846 = 4.71
This seems high and it is advisable that cash should be used for some short term investments to earn other profit
