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puteri [66]
2 years ago
12

Time deposits, bonds, securities,

Business
1 answer:
s2008m [1.1K]2 years ago
5 0

Answer:

In his traditional role Finance

Manager is responsible for

Select one:

a

Running the business smoothly

b

Proper utilisation of the funds

c

Arranmgement of financial

resources

d

Efficient management of cash

Explanation:

In his traditional role Finance

Manager is responsible for

Select one:

a

Running the business smoothly

b

Proper utilisation of the funds

c

Arranmgement of financial

resources

d

Efficient management of cash

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The federal government purchases new defense equipment.nick receives a weekly amount from the government because he became unemp
kari74 [83]

Answer:

1. The federal government s new defense equipment is Discretionary spending

2. What Nick receives from government is because of Mandatory spending

3. Gloria's income from government is Mandatory spending

4. Government plan to build more highways is discretionary spending

5. Inpatient services Jill receives is Mandatory spending

Explanation:

Mandatory spending:

This is spending that has been made Mandatory by the law. It is certain amount of money that has been budgeted for and set aside by the government for certain programs or initiatives. It is also called entitlement spendings.

Discretionary spending:

This is a kind of spending in which the funding level is set aside each fiscal year by the Congress. It is government spending and it is implemented through the appropriation bill.

8 0
3 years ago
Assume that you work in the Planning Department of the Century National Bank and report to Ms. Lamberg. You will need to do some
Oksana_A [137]
Hi how you doing I tried to do it but I couldn’t
7 0
3 years ago
The ability of households to consume is restrained by:
deff fn [24]

Answer:

a.consumer choices

Explanation:

why because the consumers picks the households

4 0
3 years ago
Jones operates an upscale restaurant and he pays experienced cooks $35,000 per year. This year he hired his son as an apprentice
Novay_Z [31]

Answer:

E. None of these - Jones can only deduct reasonable compensation.

Explanation:

Jones would be allowed to deduct less than $ 35,000 (this is the reasonable compensation) under the conditions established by tax legislation. Let us see why none of the other options is correct.

A. Jones will be allowed to deduct $ 40,000 only if his son eventually develops into an expert cook

When a company pays an employee an exaggeratedly high salary considering the services performed (as an apprentice cook, this person is earning more than an experienced cook), the excessively high part of the salary is not subject to deduction. Even if Jones' son became an experienced cook, he would be unreasonably earning more than the others. Therefore, Jones would not be allowed to fully deduct $ 40,000. On the other hand, only the services actually provided during the current period are taken into account, not the eventualities.

B. Jones will be allowed to accrue $40,000 only if he pays his son in cash.

In no case Jones can accrue $ 40,000, as it is an excessively high amount, for the same conditions we saw in the previous point.

C. Jones will be allowed to deduct $35,000 as compensation and another $5,000 can be deducted as an employee gift.

Awards must meet the following requirements in order to be deducted: they must be personal tangible property of the employer, they must be given to an employee for years of service or safety achievement, they must be delivered in recognition of a significant achievement, and they must be given under strict conditions, in order to completely eliminate the possibility that it is really a disguised payment.

In this case, it seems that it is a disguised pay, therefore, no deduction can be made.

D. Jones can only deduct $20,000 because an apprentice cook is only worth half as much as an experienced cook

That is not a valid reason to apply for a tax deduction. Recall that the payments to the worker are considered tax-deductible expenses if they meet the following characteristics: they are ordinary and necessary expenses, reasonable in quantity, paid for services actually provided, and paid during the current year.

4 0
3 years ago
Watson Oil recently reported (in millions) $8,250 of sales, $5,750 of operating costs. The company had $3,200 of outstanding bon
Serga [27]

Answer:

$796

Explanation:

The computation of the excess amount is shown below:

As we know that

Free cash flows = Net Income + Depreciation + Interest (1-tax) - Capital expenditures  +- changes in Working capital

Now the difference could be determined by the following formula

-Depreciation - interest (1-tax) + capital expenditure + changes in Working capital

= -$650 - 0.05 × $3,200 × (1 - 0.35) + $1,250 + $300

= $796

 

3 0
2 years ago
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