Describe an example of an asset that your company could link to a business loan as collateral. (2-4 sentences. 2.0 points)

Mr. and Mrs. FB, a retired couple, decided to open a family restaurant. During March and April, they incurred the following expe

Zarrin [17]

Answer:

$7,920 for rent on the equipment

$16,800 for rent on the commercial real estate

Explanation:

Calculation to Determine the tax treatment of the given expenses on their tax return.

First step is to calculate the Start Up Expenditure

Rent for April:

Commercial real estate $2,100

Equipment $990

Advertising during pre-operating phase $900

Staff hiring and training during pre-operating phase 11,500

Start Up Expenditure $15,490

Second step is to calculate the amount capitalized over 180 months

Amount capitalized over 180 months=$15,490 - $5,000 = $10,490

Amount capitalized over 180 months=$10,490 / 180 months

Amount capitalized over 180 months=$58.28 per month

Third step is to calculate the amortization deducted from this year’s tax return

Amortization deducted from this year’s tax return=(April – December = 8 months) ($58.28 x 8 months

Amortization deducted from this year’s tax return = $466.24

Now let Determine the tax treatment of the given expenses on their tax return

They can deduct ($990 x 8 months)$7,920 for rent on the equipment from May-December*

They can deduct ($2,100 x 8 months)$16,800 for rent on the commercial real estate fromMay-December

5 0

3 years ago

Jake told Oliver that walking should be promoted as a part of a healthy lifestyle. Since they were developing a walking app, he

MatroZZZ [7]

Answer:

D) proactive

Explanation:

In this scenario, it seems that the company is taking a proactive stance towards social responsibility. This is because they are raising health awareness by going out and physically walking with the community as their way of promoting a healthy lifestyle. This would be considered a proactive approach since they are doing things in person and physically as opposed to promoting their message through regulations and ads.

7 0

3 years ago

Takt time is calculated as Demand volume divided by customer required volume Customer required volume divided by available work

IgorLugansk [536]

Answer:

The correct answer is letter "C": Available work time divided by customer required volume.

Explanation:

Takt time refers to the time producers have to create a good or service to satisfy consumers' demands. <em>It is calculated by dividing the net available time for the production of the goods or services by the customers' demand on a daily basis</em>. Takt time is a measure based on the manufacturer's production process practices.

3 0

4 years ago

In most cases, markets are considered more efficent and better off when monopolies are broken up. Why is it hard for governments

Alexus [3.1K]

Answer:

In simple words, it is hard for governments to break he monopolies as generally as these entities are generally protected by some kind of legal or social convention. A monopoly of an entity that has strategic importance for the nation could be harmful in long run. Also if an individual owns a monopoly due to some patent right etc. then breaking that up will be seen as social injustice.

6 0

3 years ago

What places a financial value on brand equity for accounting purposes, mergers and acquisitions, or other reasons?

xxTIMURxx [149]

The valuation approach gives brand equity a monetary value for accounting, mergers, acquisitions, and other similar uses.

The method used to ascertain a company's fair market value is called a valuation approach. Depending on the situation, some valuation techniques are more suited than others. When determining the fair market worth of their company, business owners most frequently employ the market approach. This strategy might be deceptive because the comparisons might be made with other private transactions or public firms, which might not even be comparable at all. Additionally, when a company is expanding quickly, the market approach isn't appropriate. The discounted cash flow method would be better suitable in this situation.

To learn more about valuation approach here

brainly.com/question/14568843

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5 0

2 years ago