Answer:
a). $1000 should be included in his gross income.
b) The full amount of $1000 should be included in his gross income as his bonus is due.
c) The full amount of the bonus is to be included.
d) The bonus must be included still.
Explanation:
a). The $1000 amount is due to him already accrued and gross income includes accruals.
b) The bonus is for the year ending 31 december so it should be included.
c) The bonus is an accrual to him for the year.
d) definition of gross income includes all accruals to a taxpayer and this is a bonus for the current year.
Answer:
Here are some of the Discretionary Benefits I will eliminate alongside my rationale:
1. Utility subscriptions: Employees that enjoy this benefit will take a break. The reason is to channel the funds in supporting company's growth.
2. Sick leave: I will eliminate this benefit because if I have a health insurance policy on ground, the sick leave benefit is optional. Therefore, it's monetary value will be inculcated into the health insurance policy.
3. Funeral expenses: I will rather organize a team of few employees to represent the organization in any case of funeral ceremony. A representation of the company will give the individual a sense of belonging.
4. Vacations: I will not totally eliminate vacations but I will rather focus on vacations that will also help promote the progress of the organization.
5. Earned leave: This will be difficult to eliminate and it will be the least I know look at.
Employees deserve their earned leave in every organization.
The demographic composition will slightly be affected because the discretionary benefits give the employees motivation to work and when such benefits are absent, it may likely affect workforce.
Answer:
(A) $1
(B) dividend 2% 1/6 of the total return
price 10% 5/6 of the total return
(C) dividen still yield 2%
capital loss 10%
Explanation:
(A) 1
the realized return are the dividend paid of $1 the increase in the stock price is an unrealizable gain until the stock is sold.
(B)
1/50 = 2% return 1/6 ofthe total return
5/50 = 10% return 5/6 of the total return
total 12% return
(c)
the dividend doesn't change
It will be a capital loss of 10%
45 - 50 = -5
-5/50 = -10%
Answer: False
Explanation:
Forecasting Costs and Initial outlays are generally just as hard to predict as Revenue Forecasts. The future is hard to predict and does not differentiate between Costs and Revenues and in the case of Larger Projects, it is EVEN HARDER to forecast costs as their costs could widely deviate from initial estimates once they begin.
Take for example large scale government projects with the Berlin Brandenburg airport being a shinning example. It was supposed to open in 2012 but has still not opened till today and is billions of Euros off the initial cost projection.
Answer: "because each country tries to push the other as close to the limits of the terms of trade as possible"
Explanation: This means that the opportunity costs of each country is being considered and cannot be violated by moving past the limits of the terms of trade. In other words, each country is poised to gain by not failing to keep the alternative(opportunity cost) goods bought from the other country equal or less in value to the sales to that country.