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mestny [16]
3 years ago
5

Christopher works as a news anchor for a television network. In addition to his regular pay, at the end of each year, his compan

y pays him and his co-workers additional compensation as a "thank you" for good work. This monetary reward would most likely be categorized as a
Business
1 answer:
statuscvo [17]3 years ago
7 0

Answer:

Benefit In kind

Explanation:

The reason is that this is the amount that the employee Christopher earned all because of his job. If he was not an employee he wouldn't have earned this if he was not recruited by the company. So from tax purposes this gift will be treated as a benefit in kind which will be included in its annual salary as an employment income for calculating his tax.

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On April 1 of the current year, Morgan Jones established a business to manage rental property. She completed the following trans
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7 0
3 years ago
When a channel is exclusive: Group of answer choices A.the firm sells and distributes only high-end products the firm's products
Tanzania [10]

Answer:

A and C

The firm sells and distributes only high-end products

&

It is controlled by market leaders or by firms who have a niche market it is often difficult for a new firm to get access to shelf space in supermarkets.

3 0
3 years ago
"​A complete supply chain dedicated to the reverse flow of products and materials for the purpose of​ returns, repair,​ remanufa
Sliva [168]

Answer:

C or D

Explanation:

Packaging systems or Reverse logistics systems.

5 0
3 years ago
Hrustic Company issued $750,000 of 12% convertible bonds at face value on an interest payment date several years ago. The face v
mina [271]

Answer: The bondholders decided to convert the bonds into common stock because they believed that getting $2250 today is worth more than $120 interest every year and a $1000 principal payment at the end of the bonds life.

Explanation:

1) In order to find out the number of bonds issued we need to divide 750,000 (Total ) by 1000(Face value of each bond).Total number of bonds issues therefore are 750.

2) A 12 percent convertible bond means that the bond pays a coupon of 120 ( 0.12 * 1000) every year.

3) Each bond is convertible into 25 shares , which means if one bond is converted into common stock, the bond holder can earn $1750. We calculate this number by multiplying the number of shares which is 25 into the current market price of the shares which is 70.

4) Also the company is offering an extra  $500 per bond for converting it which means (500/25) an extra $20 per share.

5) So in total the bondholder by converting a bond and selling the shares he gets by converting it can earn $2250 per bond which they bought for a $1000 and gives them 120$ of interest every year.

6) SO to conclude the bondholders decided to convert the bonds into common stock because they believed that getting $2250 today is worth more than $120 interest every year and a $1000 principal payment at the end of the bonds life.

5 0
3 years ago
Which of the following would be most likely to lead to higher interest rates on all debt securities in the economy?
frutty [35]

Answer:

The correct answer is a) The economy moves from a boom to a recession

Explanation:

The fiscal policy used by the federal reserve is the use of government spending and tax policies to contract or expand the economy.

If the Federal Reserve of the United States increases the interest rates it carries a contract policy of the economy. It is used to reduce the inflation and the economy moves from a boom to a recession

4 0
3 years ago
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