Answer:
Local incentive
Explanation:
Local incentives can be described as economic development incentives like cash and near cash assistance that are provided by the government of a country or state in order to retain current businesses and also to attract new businesses.
These incentives are usually in for of tax breaks, training of workers, infrastructural development, etc.
In the question, Georgia state spending of $24 million to purchase the property and an additional $36 million to prepare the site specifically for DaimlerChrysler are examples of local incentive offered to DaimlerChrysler.
Therefore, the correct answer to fill in the gap is local incentive, we have:
The <u>Local incentive</u> offered was not enough to convince DaimlerChrysler that the Georgia site was a good location for its factory.
Answer:
Total cash flow from operations $58.3 million
Explanation:
We can calculate the net cash flow effect from operating activities by making the following adjustments.
Net Income 53 m
Add: depreciation 4.1 m
Less: Gain on asset disposal (1.9 )m
Add: Reduction in receivables 2.5 m
Less: Reduction in payable (2.7)m
Add: Reduction in inventory 3.3 m
Total cash flow from operations $58.3 million
Gain on asset is part of the investing activities cash flow.
Hope that helps.
<span>c. promotion
</span>d. prepare the report.
<span>a. that attempts to compare the responses of the same or similar people under different circumstances. (not 100% sure it could be c)</span>
Answer and Explanation:
The computation of the estimated liability and the journal entry is given below:
But before that following calculations need to be done
The Estimated defective units is
= 70,000 × 4%
= 2,800 units
the actual defective units is
= 460 + 350 + 210
= 1,020 units
The no of unclaimed units is
= 2,800 - 1,020
= 1,780 units
Now the warranty expense is
= 1,780 units × $60 per unit
= $106,800
Now the journal entry is given below:
Product warranty expense Dr $106,800
To Estimated liability $106,800
(Being estimated liability is recorded)
Emma and Laine form the equal EL Partnership. Emma contributes cash of $100,000. Laine contributes property with an adjusted basis of $40,000 and a fair market value of $100,000
Explanation:
As given in the question
- <u>Emma and Laine form the equal EL Partnership.</u>
- <u>Emma contributes cash of $100,000 in EL Partnership</u>
- <u>Laine contributes property with an adjusted basis of $40,000</u>
1)How much gain, if any, must Emma recognize on the transfer
<u>Ans: Neither Emma nor Laine ,none of them recognize any gain.</u>
2) What is Emma's basis in her partnership interest
<u>Ans:</u><u>Emma basis in her patnership interest is $100,000 </u>
3) What is Laine's basis in her partnership interest
<u>Ans: Laine's basis in her partnership interest is $40000</u>
4) What basis does the partnership take in the property transferred by Laine
<u>Ans: $40,000</u>