Answer:
D) All of the employees may exclude the value of the meals from gross income.
Explanation:
Meals provided at the workplace (in this case the casino) by the employer are nontaxable fringe benefits. This means that the employees are not required to include them as part of their gross income.
Also, if the providing the meals benefits the employer, they can deduct 50% of the cost.
Answer: $800,000
Explanation:
The total amount of amortization expense that would appear in Burger Mania's income statement for the first year ended December 31 related to these items will be:
Ammortization value = Patent value / Useful life
= $4,000,000 / 5
= $800,000
Therefore, the ammortization value is $800,000 per year.
I thinks it's B, it's whichever comes out of your pay check
Answer:
72000
Explanation:
Break even formula:
Break even in units=Fixed cost/Contribution margin per unit
= $ 36,000 / $ 6
= 6,000 Units
[Contribution margin=Sales price-Variable cost=12-6]
Break Even in Dollars = Break Even in Units * Selling Price Per Unit
= 6,000 Units * $ 12 Per Unit = $ 72,000
Answer:
move somewhere near Nevada.
hangout with grandkids.
have fun with my s/oand never get boring.
