Answer:
Net Income - Cash basis = $10000
Net Income - Accrual basis = $19500
Explanation:
The cash basis of accounting accounts for transactions that occured in cash in the period when cash changes hand. This means that transactions are recorded when the cash is paid or received rather than to the period to which they actually relate to.
Cash basis net income will be,
Net Income = 37000 - 20250 - 6750
Net Income - Cash basis = $10000
The accrual basis of accounting follows that the transactions should be recorded in the period to which they relate to rather then when the cash is paid out or received.
Accrual basis Net income will be,
Net Income - Accrual basis = 45000 - 25500
Net Income - Accrual basis = $19500
Answer:
c. the estimated sample regression function explains a greater percentage of the explained variation in y
Explanation:
The above is the reason showing the direct correlation between the sample regression and the R Square value.
Answer:
(B) Mark has a $3,000 capital loss deduction.
Explanation:
Based on the tax bracket proposed, we deteminate the 7,000 is a short-term gain
and the second a long term gain.
First we must offset short capital losses against short capital gains:
7,000 - 18,000 = 11,000 short-term loss
now we offset against long term, if it is gain it will be long term gain if loss short term loss:
6,000 - 11,000 = 5,000 short-term loss
Okay we end up with a total loss of 5,000 but; <u>we have a cap at 3,000 </u> . So that is all Mark can claim as a deduction in other categories against wages and salaries or to carry foward over next period
Answer:
Exclusive distribution; Selective distribution; Intensive distribution
Explanation:
Exclusive distribution refers to the phenomenon where only certain retailers are given the opportunity to carry the product in their retailer shops. For example as in the above case, only one store is exclusively chosen.
Selective distribution is that retailers are carefully selected to engage in the product of selling. For example only a few stores are engaged with in the above question.
Intensive distribution is when all kind of retailers are given the opportunity to keep the products in their shops. For example the last phase described in the question where all sorts of retailers are engaged in selling activity.
Constitutions and, more specifically, anti-discrimination statutes represent public policy about equal employment opportunity (EEO).
These laws are in place at the federal, state, and local levels in the United States.
In terms of the employers or other entities they cover, the specific groups of people they defend, the transactions they regulate, and the kind and scope of legal remedies they offer, EEO laws differ widely from one location to another. When businesses engage employees, the philosophical idea of EEO is implied, at the very least.
WHAT IS AN "OPPORTUNITY" FOR WORK?
U.S. EEO rules forbid discrimination in terms and circumstances of employment on the basis of specified characteristics. As a result, "opportunities" can be found in a variety of employment circumstances, such as:
- both inside and outside.
- application forms for jobs.
- interviewing potential employees.
- pre-employment examinations
- inquiries into backgrounds.
- Hiring.
- Compensation.
- Benefits.
- Employee services or perks (sometimes known as perquisites).
- working circumstances.
To learn more about equal employment opportunity from the given link.
brainly.com/question/27853265
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