Answer:
720 shares
Explanation:
Given that,
Derk owns = 250 shares of stock in Rose Corporation
750 shares of Rose are owned as follows:
Derk’s daughter owns = 150
Derk’s aunt = 200
Shares in the partnership holding:
= 400 shares × Interest
= 400 shares × 80%
= 320 shares
Therefore,
Number of shares Derk owns in Rose Corporation:
= Own shares + Daughter's shares + Shares in the partnership holding
= 250 + 150 + 320
= 720
Answer:
$800
Explanation:
The computation of the tax saving from using LIFO is shown below:
= Cost of goods sold under LIFO × tax rate - Cost of goods sold under FIFO × tax rate
= $10,000 × 40% - $8,000 × 40%
= $4,000 - $3,200
= $800
By applying the above formula, the tax saving resulted from using the LIFO is $800 and the same is to be considered
Job Specification.
Definition of Job Specification: a written statement of educational qualifications, specific qualities, level of experience, physical, emotional, technical and communication skills required to perform a job, responsibilities involved in a job and other unusual sensory demands.
Answer:
<u>Option B</u> must pay him as an employee, withhold appropriate taxes and issue a W-2 at year end
Explanation: He is paid based on hours worked, and uses the company equipment thus is an employee who is controlled by an employer. The independent contractors buy their own supplies, provide their own equipment and paid based on tasks performed
The annual rate will increase with the greatest speed from year 1 to year 3.
<h3>What is the growth rate?</h3>
A growth rate is the proportion that changes the price of all goods and services produced in a country over a specific time period in comparison to a previous period.
The growth rate is used to measure the comparative fitness of an economic system over time. The numbers are commonly compiled and announced quarterly and annually.
From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.
From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.
Learn more about Growth rate, refer to:
brainly.com/question/13776641
