Answer:
Explanation:
True
When the payment of salary is not considered reasonable, the excess will be treated as dividend. Hence, Matt is a sole shareholder and is taxable for the dividends as well as salary.
Answer:
Correct option is (C)
Explanation:
Mrs Meadows is the CEO, which means she is an employee in the company. So, her obligations are limited to the duties carried out by her. She will be personally obligated for her actions only if she commits a tort or crime related to the transaction.
If that is not the case, then she is not personally liable for the money owed to the vendor. The company is held liable for obligations towards the vendor.
This demonstrates a difficulty in crafting a global communication strategy.
The question says that the nation of China is very much controlling the media in the country. This has made it difficult for businesses to communicate with their users.
This here tells us about the issue of communication. The companies may have issues sending message across to all of its customers due to the media problem.
This problem may be more difficult in a case where the business is a foreign market.
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Answer:
$600 billion
Explanation:
Given that,
Currency held by the public = $100 billion
Reserves held by banks = $50 billion
Bank deposits = $500 billion
The money supply refers to the total money in the circulation.
Therefore, the total money supply is as follows:
= Currency held by the public + Deposits with the bank
= $100 billion + $500 billion
= $600 billion