Answer: $14,000 (Unfavorable)
Explanation: The book tax difference is the difference between the expenses for the book purpose in 2019 and the price of the option exercised. If the difference is positive it is unfavorable while if the difference is negative it is favorable.
Difference in book tax = The total value of the shares at the year - Amount of bargain element on option exercised.
Difference in book tax = ($40,000 × 1/2) - (1,000 × $6)
Difference in book tax = $20,000 - $6,000
Difference in book tax = $14,000
It is unfavorable because book tax expenses exceed the tax deductions.
Answer:
Correct answer is: Present value of annuity due of $1 at 10% for 10 periods
10 annual payments to be made each of $6000 with the Discount factor of Present value of annuity due of $1 at 10% for 10 periods Freeman will get the initial value (Present value which is to be paid in future)
Answer and Explanation:
Material participation in the business is when involvement in the business activity exceeds 500 hours during the year. Furthermore, if the activity is a significant activity of participation and the number of aggregate hours worked in all such activities exceeds 500 hours per year, of that kind participation is also construed as material participation.
Therefore, the participation of John and Jeff would be considered as material.
The resources does the us department of labor provide or sponsor are:
- o*net
- CareerOne Stop
- Bureau of Labor Statistics
<h3 /><h3>What is department of labor?</h3>
Department of labor is known as a department that help to fight for the right of workers or employees as well as their safety at workplace.
The United state of America department of labor tend to provide o*net, CareerOne Stop as well as Bureau of Labor Statistics for workers.
Therefore the correct options are C, D and E.
Learn more about department of labor here:brainly.com/question/8026742
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Answer:
less of the good because substitutes have become relatively more expensive
