Answer:
a. no salutations
Explanation:
the main feautures of a memorandum are;
- no inside address (address of the addressee)
- no complimentary close
- no salutations and most often
- the signature of the sender is omitted
Answer:
c. $310,450
Explanation:
The computation of the capitalized cost of the income is shown below:
= Present value of the annual cash flow × discount factor for 10 years at 5%
where,
Present value of the annual cash flow = $50,000 ÷ 0.10 = $500,000
And, the discount factor is
= 1 ÷ (1 + rate) ^ years
= 1 ÷ (1.10)^5
= 0.6209
So, the capitalized cost of the income is
= $500,000 × 0.6209
= $310,450
Answer:
The answer is letter B.
Explanation:
Citizen Corps, an organization created to help coordinate volunteer activities, established four community preparedness principles : Personal/Organizational Preparedness
Answer:
The correct answer is A
Explanation:
Delegation is the term in accounting which is defined as the assignment of authority to some another person in order to carry out the particular activities. And the person or individual who delegate the work will remain accountable or responsible for the outcome or result of the work which is delegated.
So, in this case, Ruby need expertise of Katherine in writing a chapter and they signed a contract for the same but if Katherine delegates the work to Dana, then the delegation would not so effective as the duty involve the personal services.
Answer:
$4,500
Explanation:
Interest expense is deductible so, you will need to <u>deduct the amount of interest</u> expense from income, and then calculate the percentage of taxes to pay.
Interest paid (deductible) = .05* 100,000 = 5,000
Income - interest expense: 20,000-5,000 = $15,000
Taxes: .3 * 15,000 = $4,500
