The owner of a corporation would be called the president (or sometimes its the CEO if it's a smaller company). The bondholders are the people who own bonds that a company gives them. So the answer would be false.
Answer:
Variable costs
Explanation:
Variable costs are those that vary with the level of activity of the company. For example, raw materials are a variable cost. If you sell 10 units at $1 per unit, the variable cost is $10. If you sell 15 units it's $15. Fixed cost remains the same regardless of the number of units sold.
Answer:
$1,364
Explanation:
According to the MACRS a rental house is classified as the 27.5 year residential property. It is the first year after purchase and August is the 8th month of 2019 and so according to the MACRS depreciation table for the residential property the rate applicable for this property is 1.364%. Maximum depreciation deduction for the year 2019 is
Cost of House = $174,000
Cost of Land = $74,000
Cost of Building = $100,000
As depreciation on land is not applicable because it does not depreciate. The depreciation will be calculated using Building value
Depreciation = $100,000 x 1.364% = $1,364
Answer:
No there was no contract, there was at best an agreement to agree (an agreement based on understanding that a future arrangement can be made).
Nina said she was still thinking about her son's proposal and had not decided yet, so there was no contract.
Oral contracts is a spoken agreement between two parties that may be legally binding.
Breach of oral contract can be hard to prove since it is not written down.
An oral agreement between family members is not enough to be considered a contract.
Explanation:
Answer:
The appropriate solution will be "$1320".
Explanation:
The given values are:
Material's actual quantity
= $6600
Standard price
= $2.00
Actual price
= $2.20
Now,
The material price variance will be:
= Actual quantity (Standard price - Actual price)
On substituting the values, we get
= 
= 
= 
($)
