Answer:
Division of labour is the division of work among workers or labourers
It is advantageous to the business as the workers work efficiently,they work in their own comfort and specialized field in which they are good
Answer:
Limitation on Business Interest Deductions:
B. The limitation is calculated as a percentage of the taxpayers total taxable income
Explanation:
30% (or 50% for years 2019 and 2020, as amended by the CARES Act) of the adjusted taxable income of a business is the limit of business interest expense that is allowed by the IRS. The excess after this limitation may be carried forward by the tax paying organization to future tax years indefinitely until the interest expense is completely applied.
Following the CARES Act, "the business interest expense deduction limitation does not apply to certain small businesses whose gross receipts are $26 million or less, electing real property trades or businesses, electing farming businesses, and certain regulated public utilities. The $26 million gross receipts threshold, which applies for the 2020 tax year, is adjusted annually for inflation."
Answer: Option (A)
Explanation:
Crisis management is known as or referred to as process through which the organization tends to deal with the unexpected and disruptive event which mostly threatens in order to harm an organization or the stakeholders. The crisis management is considered and known to be one of the most important and vital process in the public relations.
Answer:
because they cant stop spending money
Explanation:
money is money
Answer:
Dr Cash 1,166,400
Cr Notes Receivable 1,000,000
Cr Interest Revenue 166,400
Explanation:
To determine the net amount of the notes receivable that will be recorded, we must determine the present value of the note:
present value = 1,166,400 / (1 + 8%)² = 1,166,400 / 1.1664 = 1,000,000