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SCORPION-xisa [38]
4 years ago
11

An employee can exclude from gross income the value of meals provided by his or her employer whenever: a.The meals are provided

for the convenience of the employee. b.The meal is not extravagant. c.There are no places to eat near the work location. d.The meals are provided on the employer's premises for the employer's convenience. e.None of these choices are correct.
Business
1 answer:
iren2701 [21]4 years ago
7 0

Answer:

am not a business student but I think d is the answer

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Exercise 4-15A Calculate net cash flows (LO4-7) Below are several transactions for Meyers Corporation for 2021. Issue common sto
Sphinxa [80]

Answer:

Meyers Corporation

Determining the amount of cash flows:

a. $60,000

b. -$45,000

c. -$1,500

d. $6,000

e. -$10,000

f. -$5,000

Classification as operating, investing, or financing activities:

a. Financing

b. Investing

c. Operating

d. Operating

e. Operating

f. Financing

Explanation:

Meyers Corporation prepares the statement of cash flows which classifies its financial activities into three main sections: operating activities, investing activities, and financing activities sections in order to present the statement in clear and understandable formats.  This statement is one of the main financial statements that report the corporation's financial position and performance at the end of an accounting period.

8 0
3 years ago
The required reserve ratio is 0.2 and the Federal Reserve sells $1 million in securities. If there are no leakages and banks do
lutik1710 [3]
I don’t know the answer but I need points thank you and good luck
6 0
3 years ago
Read 2 more answers
All of the following are tests for determining qualifying child status except the ______.A. gross income testB. age testC. suppo
Viktor [21]

Answer:

a. gross income test

Explanation:

because quailfying children must pass the relationship, age support, residence tests.However,there is no requirement relating to gross income for purposes of the qualifying child test.

4 0
3 years ago
In what way, if any, does social media influence a small company's ability to advertise?
Flura [38]

Answer:

I would have to say that its probably gonna be B

Explanation:

that one seems most likely

6 0
3 years ago
The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re
storchak [24]

Answer:

$109,688.89

Explanation:

According to the scenario, computation of given data are as follows,

Formula for Net present value are as follows,

NPV = -Investment in fixed asset - Net working Capital + Operating cashflow × ( 1 - (1+r)^{-n}) ÷ r + Net working capital ×(1+r)^{-n}

Where, r = rate of return

n = number of years

By putting the value, we get

NPV = -28,000 - 2,800 + 32,500 × ( 1 - (1+0.14)^{-7}) ÷ 0.14 + 2,800 × (1+0.14)^{-7}

By solving the above equation, we get

NPV = $109,688.89

8 0
3 years ago
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