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Kamila [148]
3 years ago
10

Your client, Eric, is interested in purchasing an industrial property to start a new business. You've recommended that soil, air

, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. What should you do?
Business
1 answer:
Svetach [21]3 years ago
3 0

Answer:

Keep records of your recommendations and a written response from Eric

Explanation:

From the question, we are given an instance of a client, Eric,who is interested in purchasing an industrial property to start a new business. I have recommended that soil, air, and water testing be done, but Eric is on a tight budget and doesn’t feel these tests are necessary. In this case, I should Keep records of my recommendations and a written response from Eric. Since he's trying to invest by buying the property, then a record of all recommendation must be kept as as well as all expenses with the knowledge of accounting. And since this is a contract it should be in written form to be formal.

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Taxable income of a corporation
kobusy [5.1K]

Answer:

Option b. Differs from accounting income due to differences in interperiod allocation and

permanent differences between the two methods of income determination.

Explanation:

Corporation examples are joint stock companies, joint accounts, associations, insurance companies e.t.c.

A Corporation taxable income is simply defined as a part of its profits generated by corporations that is collected by the Federal and State government as an income tax. It is known as a direct tax. It is placed on the net income or profit of a corporate organization. The tax rate for corporation uses the slab rate system or method of taxation that is based on the type of corporate entity and the different revenues gotten by them individually.

6 0
3 years ago
Compensating balances
Airida [17]

Answer:

The correct answer is D

Explanation:

Compensating balance is the balance which is to be minimum amount that is to maintained or kept in the bank account, so that could be used to offset the cost incurred by the bank for setting up the loan.

It is that balance which is not available for the company to use and might be needed to disclose in the notes of the borrower in the financial statements.

So, it is a specific kind of collateral, allow bank to monitor payment practice of firms and require to have a minimum amount that borrower need to keep in the checking account.

8 0
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If you see a customer is drinking quickly you can do all the following except
tatuchka [14]

let the customer drink it?

7 0
2 years ago
When a company strives to achieve lower overall costs than rivals and appeals to a broad spectrum of customers, it pursues Multi
dybincka [34]

Answer:

an overall low-cost provider strategy.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

A overall low-cost provider strategy is a strategic business model that's typically focused on a broad customer base (segment) while still making profit by providing low-cost goods and services to the customers, as well as underpricing rivals in the same industry.

This ultimately implies that, it is a business strategy that involves lowering the price of goods and services in order to stimulate demand, generate more revenue, draw more customers and gain a competitive advantage over competitors or rivals in the same industry.

Hence, when a company strives to achieve lower overall costs than its rivals in the same industry and appeals to a broad spectrum of customers, it is considered to pursue an overall low-cost provider strategy.

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Nuetrik [128]

Answer:

because he was not a big boss voting in his own version and was just about the same questions that he was doing in his first place to help him out

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