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Answer</h3>
To address employees concerns and provide details about relocation.
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Explanation
CEO Jim Lent addressed the employees at Toyota to their concerns and to inform them about the relocation that is planned at a board level and then it is to be implemented.
CEO of Toyota is therefore addressing the employees to provide them details about relocation and to address their concerns.
<h3>Conclusion</h3>
Jim Lent CEO of Toyota, addressed the employees to provide them details about relocation and to address their concerns.
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Answer: The correct answer is d. None of the above is correct.
Explanation: The intercompany gain realized would be recognized in the parent company's financial statements while at the consolidated position, the gain will be eliminated. For the parent to have recognized a gain on the capital asset, that means the proceed from sale was more than the net book value of the asset. So, there is no consolidated taxable income as regards this gain.
The $50,000 gain will be recognized by the subsidiary since it was sold to a nonmember of the group. However, it will not be nil at the consolidated position because it is not an intercompany transaction.
Its actually <em><u>A) Office Managers and Human Resource workers</u></em>
Answer: Will report a liability of $5000 for judgement debt and a claim of $11,000
Explanation:
The liability refers to the obligations of the firm which are certain is going to make payment as compensation.
The $5000 liability, although payment has not been made it's already Incurred by the company under the acural concept.
The claim of $11,000 is only probable and not certain even though amount and time of execution can be estimated, since it's not certain it will only be recorded as a claim in the goverments fund balance sheet.