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ra1l [238]
3 years ago
14

Iris, a calendar year cash basis taxpayer, owns and operates several TV rental outlets in Florida, and wants to expand to other

states. During 2014, she spends $14,000 to investigate TV rental stores in South Carolina and $9,000 to investigate TV rental stores in Georgia. She acquires the South Carolina operations, but not the outlets in Georgia. As to these expenses, Iris should:
Business
1 answer:
ivanzaharov [21]3 years ago
6 0

Answer:

Expense $23,000 for 2014

Explanation:

The computation is shown below:

Given that

Amount spent on investigating the TV rental stores is $14,000 in south Carolina

And, the amount spent  on investigating the TV rental stores is $14,000 in Georgia is $9,000

So, the expenses that should be spent in the year 2014 is

= $14,000 + $9,000

= $23,000

The same is to be considered

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Amanda [17]

Answer:

\large\boxed{\large\boxed{\text{The capacity of the entire five-step process is 30 units per hour}}}

Explanation:

The rate of production is determined by the slowest step or process.

Determine the rate of production of each step.

<em>1. The Cutting department has 6 machines that each process materials at a rate of 2 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 6 × 1 unit / 2 minute = 3 units / minute

<em>2. Drilling has 6 machines that each process materials at a rate of 3 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 6 × 1 unit / 3 minute = 2 units / minute

<em />

<em>3. Stamping has 6 machines that each process materials at a rate of 4 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 6 × 1 unit / 4 minute = 1.5 units / minute

<em />

<em>4. Welding has 4 machines that each process materials at a rate of 2 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 4 × 1 unit / 2 minute = 2 units / minute

<em>5. Painting has 2 machines that each process materials at a rate of 4 minutes per unit. </em>

  • rate = number of machines × rate of each machince

  • rate = 2 × 1 unit / 4 minute = 0.5 units / minute

Then, the fifth process, painting is the slowest process because it only can process 0.5 units per minute. This is the bottleneck. Even if the other processes worked faster, the production could not exceed the number of machines that can be painted per hour.

To find how many units can be painted or produced by hour multiply the rate by the number of minutes in one hour:

  • 0.5 units/min × 60 min/hour = 30 units / hour.

Therefore, the capacity of the entire five-step process is 30 units per hour.

6 0
3 years ago
A partner can be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that
Tju [1.3M]

A partner <u>cannot</u> be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that gave rise to the obligation.

<h3>What is partnership?</h3>

Partnership arrangements come in many different forms. One type of business where partners may have minimal liability is a partnership where all participants share profits and liabilities equally. Additionally, there is the so-called "silent partner," when one party does not participate in the day-to-day management of the company.

  • An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership.
  • All partners in a general partnership corporation split the company's assets and debts equally.
  • Lawyers and other professionals frequently create limited liability partnerships.

A partnership may have tax advantages over a corporation.

To learn more about partnership from the given link:

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8 0
2 years ago
Explain the characteristics strengths, weaknesses of quantitative​
Arte-miy333 [17]

hope it helps...

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5 0
3 years ago
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The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala
shepuryov [24]

The period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS was during:

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As a result, we can see that Keynes, one of the fathers of economics stated that it was <em>important</em> for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

Read more about Keynesian Economics here:

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4 0
2 years ago
Fred is a new employee who has been assigned to your team. This is the first time Fred has worked in your country. Aware that he
kotykmax [81]

Answer:

4.Teach Fred about how decisions are made and communicated, as well as how conflict is handled.

Explanation:

Cultural differences are an important topic when it comes to adjusting to a new workplace. However, no matter how much the new employee knows about a specific culture, it is up to the manager or team leader to help him adjust.

The most effective way to help him is by teaching him <em>how decisions are made and conflict is handled</em>, in a straightforward manner. Since Fred is working in a team and not individually, it is essential for him to learn the basics of conflict management, as conflict handling varies immensely from country to country.

The same is applicable for decision making. He could not know the decision making practice in his new environment upfront. Some environments may encourage a more liberal way of making decisions, while some propose a strict protocol when it comes to making even the most trivial decisions.

Of course, checking him periodically and making sure he knows you're there for him are practices that can do only good. However, they are not critical for the issue.

4 0
3 years ago
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