Answer: No deduction can be claimed this year.
Explanation:
The options to the question are:
a. No deduction can be claimed this year.
b. $5.50 million
c. $2,500,000
d. $5.50 million only if the professional golf tournament is played before April 15.
Answer:
Since Ajax Computer company is an accrual method calender-year tax payer, the computer company would recognize the expenses only when such expenses are incurred and not at the time that cash is being paid for the the expenses
Ajax computer company already paid in advance for both advertisements the following year even though the advertisement eanst taking place that year. Therefore, the payments will not be considered to be an expense until advertisements has actually taken place. Because of this, Ajax cannot deduct the amounts paid for the advertisements next year and hence, no deduction will be claimed this year.
Stock market bubble means the increase in price of the shares traded and which falls after a point.
<u>Explanation:</u>
The bubble in the stock market is caused by the quick rise in the price in a very small period of time. The price starts falling which will be a stock market bubble burst after a significant rise in price to a value below the starting price.
The bubble takes place when the investors overestimate the share or misjudge the future of that industry. Stock market bubble affects the entire share markets or any one particular industry.
Answer:
you should use capitalization at the beginning of a sentence. you should also use capitalization for pronouns. names of things for example cities and states people names etc
Answer:
Yes
All agreement are contract, but not all agreement are contract.
Explanation:
All agreement are contract, but not all agreement are contract. If an agreement fails to create legal obligation, then it cannot become a contract.
An agreement is created when there is a mutual understanding between parties. It can either be have a legal backing or not.
A contract is a written or express legally binding agreement between parties to perform a task or obligation.
For an agreement to become a contract, it must be legally binding between the parties. Just as in the case of (CARLILL V CARBOLIC SMOKE BALL CO (1893). It was held that no contract existed between the parties because the agreement is not enforceable under the law.
Answer:
Yes he can.
Explanation:
Because appropriate exercises will help him though his obesity and possible cardiovascular problems.
