Answer:
Ramon’s basis in the stock he receives in his corporation is $84,000
Explanation:
The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.
These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value
Answer: The more narrowly we define a market, the more elastic the demand for a product will be.
Explanation: Narrowly defined markets tend to have more elastic demand than broadly defined markets because it is easier to find close substitutes for narrowly defined goods.
For example, a broad category of food, has a fairly inelastic demand because there are no good substitutes for food while Vanilla flavoured ice cream, a very narrow category, has a very elastic demand because other flavors of ice cream (e. g Chocolate) are perfect substitutes for vanilla.
OPTIONS:
A. Use the results of subordinate feedback to identify avenues for employee development.
B. Give the employees greater opportunities to observe the behavior of their manager.
C. Require that the employees giving subordinate feedback identify themselves.
D. Limit the information gathering by subordinates to short periods once a year.
E. Discontinue subordinate feedback, because it has undesirable consequences.
Answer:
A. Use the results of subordinate feedback to identify avenues for employee development.
Explanation:
Given the scenario that is described in the question, the best way for Platter Place to use feedback gotten from subordinate is to use the results of the feedback to discover areas of employee development that can be improved on. This would enable the empowerment of Platter Place employees as subordinates would get a chance to freely register their concerns and views on the performance of the company. The company would be able to know where they are lacking in terms of employee empowerment, and would also give a clear idea on what areas that needs to be worked on to improve the development of employees effectively.
Solution:
For order to apply to a child as a minor, the child must be either under the age of 19 or under the age of 24.
If the taxpayer or his spouse is deemed dependent on another tax return, the standard deduction which can be granted on the return of the taxpayer is usually limited to the higher of:
1. $1,050 or
2. The individual's earned income for the year plus $350(subject to standard deduction amount of $6,350, in general)
Here while preparing the tax returns of Adam and Amy, they have included April as a dependent. Therefore,April can be taken as a dependent in the tax return since April is still living on the support of her parents. But Adam can get standard deduction as limited as per the law in the return, disclosing April's income.
The standard deduction available is higher of
1. $1,050 or
2. $18,000+$350 but subject to $6,350
Therefore Adam can get a deduction of $6,350.
Answer:
"$127.11 per unit" is the correct approach.
Explanation:
The activity cost as per the questions will be:
Activity 1:
= 
= 
($)
Activity 2:
= 
= ($)
Activity 3:
= 
= 
($)
Now,
The overhead cost for digital cameras will be:
= 
= 
= 
($)
Per unit overhead cost will be:
= 
= 
($)
hence,
The total cost will be:
= 
= 
= 
($)
