True
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Answer:
D. $ 23 comma 000
Explanation:
The computation of the net income is shown below:
As we know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$77,000 = $68,000 + net income - $14,000
$77,000 = $54,000 + net income
So, the net income is $23,000
We simply applied the above formula so that the net income could be come
Answer: $5750 ; $6000
Explanation:
The amount of their deduction for interest paid on qualified residence acquisition debt will be the interest paid on the first mortgage of their home which is: = $5750
The amount of the deduction paid on qualified home equity debt will be calculated as:
= (100000/150000) × 9000
= $6000
Answer:
In simple words, by treating the employees well in the organisation businesses can get a lot of unexpected profits besides the lower cost due to lower employee turnover.
Employees in such organisation will always be motivated to work hard and self align their interests with objectives and goals of the organisation. Also employee satisfaction leads to lesser conflict with the workplace which further leads to more efficiency.