Answer:
Students believe that if the initiative does not happen, the funds for the initiative will not be spent elsewhere.
Explanation:
The visual appearance is both non rival and non excludable I.e. Pure public good
Benefit is 17*490=8.330
Benefit is greater than cost so college administrators should undertake the beautification initiative
Answer:
The company has developed standard costs for one unit of fludex, as follows: During November, the following activity was recorded relative to production of fludex.
Explanation:
1) Real Price in Material Price Variance = 225000/12000 = 18.75
2) Standard Quantity in Material Quantity Variance = 3750*2.5 = 9375
3) Real Quantity in Material Quantity Variance = 12000 - 2500 = 9500
4) Real Hours in Labor Rate Variance/Labor efficiency Variance = 35*160 = 5600
5) Common Hours in Labor efficiency Variance/Variable Overhead efficiency Variance = 1.4*3750 = 5250
6) Real Rate in Variable Overhead Rate Variance = 18200/5600 = 3.25
Answer:
C. Buddy cannot be a creditor of the corporation after the redemption.
Explanation:
"A stock redemption that terminates a shareholder’s entire stock ownership in a corporation will qualify for sale or exchange treatment under § 302(b)(3). The attribution rules generally apply in determining whether the shareholder’s stock ownership has been completely terminated. However, the family attribution rules do not apply to a complete termination redemption if the following conditions are met:
The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).
The former shareholder files an agreement to notify the IRS of any prohibited interest acquired within the 10-year period and to retain all necessary records pertaining to the redemption during this time period."
Reference: South-Western, Thomson. “Chapter 5.” To Qualify for Sale or Exchange Treatment, a Stock Redemption Generally Must Result in a Substantial Reduction in a Shareholde, 2005,
1, by education 2, by exprience 3, by security