Answer:
Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.
Explanation:
Cost-benefit analysis is defined as a method to estimate all the costs involved and possible profits that can be achieved in a business opportunity.
Jones purchases a six-pack of cola once a week for his two children, but unlike Smith, he tells them that each may drink no more than three cans.
So, at Smith's house, there's always a chance that one of the siblings will drink the cola before the other.
Therefore,
cola can lasts much longer at Jones's house than at Smith's.
Answer:
The correct answer is D. All of the above.
Explanation:
Simplification in the field of taxes can be observed considering the tax structure, if it implies a complex tax system there will be higher compliance and administration costs, but the complexity of the system is sometimes difficult to eliminate. There are few simple things in tax compliance.
There are complications that can be avoided and these usually begin with the fact that the officials of the Tax Administration are unaware of the tax regime or the provisions of the tax laws. Usually this is linked to a limited knowledge of tax law as a discipline with a dogmatic of its own. The public function in the field of tributes is often occupied by assuming the Turkish proverb that says: "If Allah gives you authority, it will also give you the intelligence necessary to know how to command."
Regularly every official in the area of tax law is a kind of legal autarchy that knows spontaneously and naturally the subject under his responsibility. Thus, in each general rule or in each resolution or decree, concepts that are clear in the Tax Code are redefined, but redefined to give it another meaning in accordance with the notions just arrived at the Administration. Arranged with the pragmatic and practical statute that on the road the load is rigged.
Answer:
$160,000
Explanation:
On February 15, 20X8, S3 Corporation purchased the land from a non affiliate for $160,000.
That was the last operation involving a third party.
<u>The rest of the operation should not recognize any income or loss.</u>
If not, a company can create artificial gains and losses by selling the asset at diferent prices.
It will sale higher on one company to avoid a net loss
and then sale cheaper on another to decrease the taxable income.
That's why it will be "lock" at 160,00 until an operation is made with a non-affiliate company
Answer:
Cullumber Company
The depreciation expense for machine 2 in 2016 is:
$16,200
Explanation:
a) Data and Calculations:
Machine Acquired Cost Salvage Value Useful Life Depreciation
(in years) Method
1 Jan. 1, 2015 $134,000 $34,000 10 Straight-line
2 July 1, 2016 81,000 11,100 5 Declining-balance
3 Nov. 1, 2016 77,500 8,500 6 Units-of-activity
Total machine hours expected = 34,500
Actual hours of use in the first 3 years were:
2016 730
2017 5,900
2018 7,600
Double-declining method:
Depreciation expense for machine 2 = $16,200 ($81,000 * 40% *6/12)
