Answer:
D) 80%
Explanation:
IRS Section 267(c)(4) establishes that the sister will be considered as constructive owner of the stock that her family owns. Family is defined as brothers (25%), sisters, spouse, ancestors (father 40% and mother 15%), children, and grandchildren.
In this case, Farber's sister would constructively own 25% + 40% + 15% = 80% of the bank's stocks.
Answer:
c. $550,000
Explanation:
The total cost of opening the new branch and remaining open for one year will be inclusive of the fixed cost which is the cost of opening the new branch and the cost of providing services in a year. This is a variable expense as the total cost depends on the number of customers served during the year.
Hence the total cost of opening the new branch and remaining open for one year will be
= $500,000 + $50 * 1,000
= $550,000
Answer:
The correct answer is letter "A": Challenge Stress.
Explanation:
Challenge Stress refers to a problematic situation in which individuals feel they have enough resources to overcome the problem. This type of stress energizes individuals and boosts the confidence in themselves. Challenge stress can even be the reason for people performing better the tasks they are assigned.
Answer:
Decrease Profit and Inventory Asset value as well.
Explanation:
This will Decrease the closing inventory value which will increase the cost of goods, decrease the profit and ultimately decrease the retained earning value in the balance sheet. It also decrease the Inventory value in the current assets section of balance sheet, which will ultimately decrease the total asset value.
Answer:
Price level may increase or decrease and output decreases.
Explanation:
The price level is determinated bu the money supply and demand. A single price, in this case oil, cannot determinate prices or we end up in a loop.
So this is insufficient information to determinate the price level.
While the income decrease at a worldwide level will make the output of the economy even lower.