Answer:
The first loan for $8,000 could fall under the exemption of employer-employee loan. But then after the second is taken, that exemption would no longer apply. A minimum interest of $18,000 x 4% x 6/12 = $360 should be charged.
If the loan is considered a corporation-shareholder loan, then it doesn't qualify for any type of exemption, resulting in interests = ($8,000 x 4% x 6/12) = $160 for 2020
for 2021, interest applied = [($8,000 + $160) x 4%] + ($10,000 x 4% x 6/12) = $326.40 + $360 = $686.40
The correct answer is letter B
Answer:
Yes I do.
Explanation:
1. Serve others.
2. Plan a community bazar to gain founds and donate them to local foundations with social objetives.
3. Organize a cinema at park festival for help vulnerable population to enjoy and recreate different activities that they normally don't have access to.
4. Go to a geriatric and plan some activities like chess contest, dance and teather to help them to feel distracted of the loneliness for a while at least one a week.
5. Go to visit to somebody and prepared some cookies, talk to that person, listen to and enjoy of a great chat.
6. Paste some motivational notes in random places. (subway, restaurants, public bathrooms).
'Micro is the study of individuals and business decisions while macroeconomics while macro studies the decisions of the governments and countries.'
Microeconomics examines individual markets while macroeconomics examines the economy.
Answer:
$10.65
Explanation:
The computation of the incremental manufacturing cost in the case when the production level is changed
= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit
= $6.25 + $3.20 + $1.20
= $10.65
Here the fixed cost would not be relevant
