Ask question

Ask question

All categories

3 years ago

13

What type of arrangement(s), if any, would avoid double taxation for Wendall's and Shirley's endeavor? Choose the best answer if

the choices below.

1 answer:

musickatia [10]3 years ago

5 0

Answer:

An s corporation or a limited liability company, but not a corporation.

Explanation:

You might be interested in

Tina Robinson, Inc. (TRI) TRI management has decided to reinvent the culture of the organization. Previously, the company trie

Brut [27]

Answer:

Job enlargement

Explanation:

Job enlargement means increasing the scope of a job through extending the range of its job duties and responsibilities generally within the same level and periphery. Job enlargement involves combining various activities at the same level in the organization and adding them to the existing job. It is also called the horizontal expansion of job activities. This contradicts the principles of specialization and the division of labor whereby work is divided into small units, each of which is performed repetitively by an individual worker and the responsibilities are always clear. Some motivational theories suggest that the boredom and alienation caused by the division of labor can actually cause efficiency to fall. Thus, job enlargement seeks to motivate workers through reversing the process of specialization. A typical approach might be to replace assembly lines with modular work; instead of an employee repeating the same step on each product, they perform several tasks on a single item. In order for employees to be provided with Job Enlargement they will need to be retrained in new fields to understand how each field works.

The objective of job enlargement is to motivate an employee by increasing his efforts and exposure towards achieving the organizational objectives as set for the job. By doing this, an employee can get a wider range of his or her objectives without his or her job in a repetitious manner. Job enlargement requires the management of the organization to provide their support in providing appropriate training to the employees to make them able to adapt to the enlarged job scope.

Some advantages of job enlargement are a variety of skills, improves earning capacity, and wide range of activities.

Variety of skills – Job enlargement helps the organization to improve and increase the skills of the employee due to organization as well as the individual benefit.
Improves earning capacity – with all the new activities a person learns from job enlargement, they are able to try to get a better salary when they apply for a new job.
Wide range of activities – Employees are able to learn more activities which can help a company save money by reducing the number of employees they have.

5 0

3 years ago

2018, the westgate construction company entered into a contract to construct a road for santa clara county for $10,000,000. the

Firlakuza [10]

Answer:

2018: 28% 2,800,000

2019: 22% 2,200,000

2020: 50% 5,000,000

Explanation:

2018 revenue

total cost:

2,044,000 + 5,256,000 = 7,300,000

percentage of completion: 2,044,000/7,300,000 = 28%

revenue recognition: 10,000,000 x 28% = 2,800,000

2019 revenue

cost: 2,628,000 + 2,628,000 = 5,256,000

percentage of completion: 2,628,000 / 5,256,000 = 50%

revenue recognition: 10,000,000 x (50% - 28%) = 2,200,000

2020 revenue

as the company's finished the cosntruction it recognzie the entire amount left

10,000,000 - 2,800,000 - 2,200,000 = 5,000,000

7 0

3 years ago

Pauley Company needs to determine a markup for a new product. Pauley expects to sell 22,000 units and wants a target profit of $

Sever21 [200]

Answer:

variable markup % = 60%

Explanation:

total units sold 22,000

total costs associated with selling the 22,000 units:

variable production costs $18 x 22,000 = $396,000

variable S&A costs $13 x 22,000 = $286,000

fixed overhead = $20,500

fixed S&A = $36,700

total costs = $739,200

total cost per unit = $33.60

selling price = $33.60 + $16 = $49.60

markup percentage = [(sales price - unit cost) / unit cost] x 100

the total markup % = [49.60 - 33.60) / 33.60] x 100 = 47.62%

but since we are going to calculate the markup percentage solely based on variable costs, then:

variable cost per unit = $31

selling price = $49.60

the variable markup % = [49.60 - 31) / 31] x 100 = 60%

8 0

3 years ago

Entering foreign markets requires firms to ascertain foremost how they will attain

coldgirl [10]

The answer is market share. Entering foreign markets will require a certain company or firm to attain their market share because compared to local markets, foreign markets are different and requires strategies and planning—in which, they should do what it takes to attain their market share that is a portion of their market controlled by them.

6 0

3 years ago

Issued 30,000 shares of common stock in exchange for $300,000 in cash. Purchased equipment at a cost of $40,000. $10,000 cash wa

hichkok12 [17]

Answer:

T-accounts:

Cash

Accounts Titles Debit Credit

Common Stock $300,000

Equipment $10,000

Rent Expense 5,000

Prepaid Insurance 6,000

Accounts Payable 70,000

Accounts Receivable 55,000

Equipment

Accounts Titles Debit Credit

Cash $10,000

Notes Payable 30,000

Notes Payable

Accounts Titles Debit Credit

Equipment $30,000

Inventory

Accounts Titles Debit Credit

Accounts Payable $90,000

Cost of Goods Sold $70,000

Accounts Payable

Accounts Titles Debit Credit

Inventory $90,000

Cash $70,000

Accounts Receivable

Accounts Titles Debit Credit

Sales Revenue $120,000

Sales Revenue

Accounts Titles Debit Credit

Accounts Receivable $120,000

Cost of Goods Sold

Accounts Titles Debit Credit

Inventory $70,000

Rent Expense

Accounts Titles Debit Credit

Cash $5,000

Prepaid Insurance

Accounts Titles Debit Credit

Cash $6,000

Common Stock

Accounts Titles Debit Credit

Cash $300,000

Depreciation Expense

Accounts Titles Debit Credit

Acc Depreciation $1,000

Accumulated Depreciation - Equipment

Accounts Titles Debit Credit

Depreciation Expense $1,000

Explanation:

T-account consists of the following. An account title to record the corresponding account where the double-entry transaction is completed. A debit side on the left to enter the dollar value of the transaction, if the concerned account receives the value. A credit side on the right, also, to enter the dollar value of the transaction, if the concerned account gives out the value.

5 0

3 years ago