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Katen [24]
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.
Business
1 answer:
musickatia [10]3 years ago
5 0

Answer:

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

Explanation:

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Mohammad was an employee in the new product development department of Estay Inc. Mohammad was directly involved in the developme
NemiM [27]

Answer:

d. Mohammad cannot share with Ceries the confidential information he knows about Estay’s new product because he has a duty not to disclose confidential information he acquired during the agency.

Explanation:

Mohammad cannot share confidential information with an external competitor even when he is no longer in the service of the firm.

The only option left for Mohammad is if Estay gives him approval to share the piece of information.

7 0
3 years ago
Assume that the interest rate on borrowings in India is 1 percent while the interest rate on bank deposits in a U.S. bank is 6 p
Marysya12 [62]

Answer:

  • there will be no adverse movement in exchange rates or interest rates.

Explanation:

John's best speculative element is that everything would remain in his favor; especially the exchange rates and there interest rates.

Assuming after his transaction there is a sudden negative or adverse effects on the interest rate from 6 percent to 1 percent for US deposit and a decline in the USD/Japanese Yen exchange rate he <u>would be faced with great loses.</u>

7 0
3 years ago
Read 2 more answers
Gabrielle daily borrows $1,000 at a 6 percent add-on rate for one year.what is the finance charge?answers
denpristay [2]
P - principle of the loan
FC - finance change or total interest 
N - number of months the loan is force

FC = ($1,000 x .06 x 1) 
FC = $60

Finance charge is $60.
5 0
3 years ago
Teller, a calendar year company, purchased merchandise from TechCom on November 1 of the current year. TechCom accepted Teller's
ikadub [295]

Answer:

Dr Interest Receivable $240

Cr       Interest Income             $240

Explanation:

The reason is that the Techcom company is lender and must account the lending as a loan.

The loan will be paid with the interest at the end of the period. The interest received at the end of December 31 would be the single month loan at the $4800 at the interest rate which is 10 percent here.

The Interest Income = $4800 * (10% interest rate * 2/12) = $240

The interes would be recorded for the two months which is $240 and accounted for as under:

Dr Interest Receivable $240

Cr       Interest Income             $240

And at the end of January 31, Teller will make the payment which would be accounted for as under:

Dr Cash $5260

Cr Interest Revenue  $120

Cr Notes Receivable $4800

Cr Interest Receivable $240

4 0
3 years ago
You want to determine the upper control line for a p-chart for quality control purposes. you take several samples of a size of 1
lana66690 [7]
The answer to this is 0.08 hope that this helped
7 0
3 years ago
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