Answer:
The correct answer is $24,500.
Explanation:
According to the scenario, the given data are as follows:
Total Account receivable = $100,000
Amount collected = $70,000
So, if there is sufficient taxable income, then assume tax rate to be 35%.
So, we can calculate the Gains tax by using following formula:
Gain tax = Amount collected × Tax rate
By putting the value, we get
Gain tax = $70,000 × 35%
= $24,500.
Answer:
The head of the company
Explanation:
Chief execute officer of a company is the highest-ranking executive in a company, whose primary responsibilities include making major corporate decisions, managing the overall operations and resources of a company, acting as the main point of communication between the board of directors (the board) and corporate operations, and being the public face of the company.
Answer: $400,000
Explanation:
Based on the information given in the question, Lisa's recognized gain or loss will be calculated as the difference between the amount that's realized and the adjusted basis. This will be:
Recognized gain will be:
= Amount realized - Adjusted basis
= $900,000 - $500,000
= $400,000
There's a recognized gain of $400,000
Answer:
The answer is: Normative leadership model
Explanation:
The normative leadership model requires Pier to analyze the following seven situations:
- How will my decision will affect the organization?
- Is it important that team members are committed to the decision making process.?
- As a leader, do I possess the knowledge to solve try to solve this issue?
- If only I are responsible for making the decision, will the rest of the team be committed to it?
- My team members support me and the organization?
- The team members possess the knowledge to try to solve this issue?
- Can team members unite and really work as a team to solve this issue?
Depending on what Pier believes the correct answers are for the above questions, he can decide to use one of the following decision making processes:
- Decide: Pier makes the decision by himself with little or no participation of the team members.
- Consult (Individually): Pier consults the team members individually, deciding what information to use, and then makes a decision by himself.
- Consult (Group): Pier organizes a group meeting where all members express their opinions, then decides what information is useful and makes the decision by himself.
- Facilitate: Pier organizes a group meeting and presents his opinion and every group member participates. The decision is made by group consensus.
- Delegate: Pier leaves the decision making process entirely to the group members and doesn't participate in it.
Answer:
Elon Musk is the current CEO of Space X
