Answer:
Transfer pricing are the prices established to record inter-company sale
Explanation:
The transfer price is the price at which one arm of a business sells to the other.For instance,the price at which one division of a company sells to another division,
The transfer price is very important in order that tax authority may see that the sale price charged is at arms length for all parties involved.
Answer:
The correct answer is "Executive office of the president"
Explanation:
The Executive Office of the President of the United States (EOP) is a gathering of agencies belonging to the executive branch of the government of the United States of America. The principal function is to support the president works.
The Office of Management and Budget and the Council of Economic Advisers are part of the EOP.
The correct answer is c. prepare a "blueprint" for the development of your business
The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
Answer:
$131,500
Explanation:
The reason is that the saving account balance of $120,000 is easily convertible to cash within a seconds which means it must be included in the balance sheet.
Similarly the Cash in hand of $1,200 can be used at the instant so it must also be included in the cash balance in the balance sheet.
Checking account balance is also easily convertible to cash and must be included in the cash figure in the balance sheet by $10,000.
The certificate of deposit and the cash refund due from state taxing authority must not be included in the cash balance at the year end balance sheet because these are not readily convertible to cash in future.
So
Cash balance = $120,000 + $1,200 + $10,000 = $131,500