It is called burden of proof. Burden of proof is the duty of a party in a trial to provide the evidence or proof that will prove their claims against the other party. In a legal dispute, one party is initially presumed to be right and has the benefit of the doubt. Whereas for the other party, they bear the burden of proof. When a party who gets the burden of proof meets their burden, the burden of proof moves to the other side. There are different kinds of burden for each party in different phases of litigation.
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As of the year 2013, the amount of deferred tax liability that Colgate was known to have was USD 83 million.
<h3>What is meant by deferred tax liability?</h3>
On the balance sheet of an organization, the deferred tax sheet shows us the taxes that are owed by the owed that are not due for payment until a date in the future.
Colgate was said to have had a deferred liability that was 83 million dollars at that time.
Read more on deferred tax payment here:
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<span>In this scenario, Jacob is a "cultural and change steward." He not only has understanding of the company's culture, but also puts effort into changing and enhancing the company in line with its culture. His efforts are sincere because he respects the significance of the company's culture, indicating his stewardship in bringing about change in the company.</span>
Answer: 1.29
Explanation:
The following can be deduced from the question:
EBIT = $375000
Interest expense = $75000
EBT = EBIT - Interest Expense
= $375000 - $75000
= $300000
Before tax preference dividend
= Preferred dividend / (1 - Tax rate)
= 6000 / (1 - 40%)
= 6000 / 60%
= 6000 / 0.6
= $10000
The firm's degree of financial leverage will then be:
= EBIT / (EBIT - Interest expense - Before tax preference dividend)
= 375000 / (375000 - 75000 - 10000)
= 375000 / 290000
= 1.29
Therefore, the firm's degree of financial leverage is 1.29.
Answer:
True.
Explanation:
True, the given statement is true because, for any business, customers are the main person for which the company makes the product. If the customer makes some complaint that means he is not happy with the service or product of your company. However, in such a case the company may lose its customers but it is the communication that can hold the customer when he complains. When a customer makes a complaint then it is a must remember all types of skills that can satisfy the customer and it could be verbal communication, nonverbal, and listening skills.