Answer:
The property will be depreciated using the remaining 3 years of its life after the tax-free incorporation transfer year. This is because Dan had already depreciated the property for 2 years before the transfer.
Explanation:
Sec. 351 allows a tax-free incorporation transfer if certain requirements are met, including that the property must be transferred to Fleck Corporation by Dan in exchange for stock in Fleck Corporation, and, immediately after the exchange, the Fleck Corporation is in control.
The main reason for the success of the Beats Electronics is: <u>B. it created a perception that owning its products was cool.</u>
<u>Explanation</u>:
Beats Electronics was able to outperform in the premium headphone market. They were able to out-stand from their competitive companies like JBL, Bose, Audio-Technica, Skullcandy and Sennheiser.
Beats Electronics made their customers to believe that owning their product is cool. They created a perception to the customers which made them to lead in the market.
Perception refers to the way the information is conveyed to others. Beat Electronics followed this strategy and made their customers to feel that owning their product is cool.
A social enterprise is a business that tries to solve
social problems, improve people’s lives, or the environment.
Social enterprises are businesses. They produce goods and services that earn money and make profits like any business but they are working to make a bigger difference, reinvesting the profits they make to do more good.
Answer:
Standard rate per direct labor hour is $27.1
Explanation:
Standard rate per direct labor hour includes the hourly pay rate, Payroll taxes and fringe benefits. For Theresa Corporation,
We have given that
Basic direct labor rate is $21.00 per hour
Payroll Taxes is 10% of basic direct labor rate i.e. 10% of $21.00 = $2.10 per hour
Fringe Benefits is $4.00 per hour.
So Standard rate per direct labor hour = $21.00 + $2.10 + $4.00 = $27.1
Answer:
The answer is: Normative leadership model
Explanation:
The normative leadership model requires Pier to analyze the following seven situations:
- How will my decision will affect the organization?
- Is it important that team members are committed to the decision making process.?
- As a leader, do I possess the knowledge to solve try to solve this issue?
- If only I are responsible for making the decision, will the rest of the team be committed to it?
- My team members support me and the organization?
- The team members possess the knowledge to try to solve this issue?
- Can team members unite and really work as a team to solve this issue?
Depending on what Pier believes the correct answers are for the above questions, he can decide to use one of the following decision making processes:
- Decide: Pier makes the decision by himself with little or no participation of the team members.
- Consult (Individually): Pier consults the team members individually, deciding what information to use, and then makes a decision by himself.
- Consult (Group): Pier organizes a group meeting where all members express their opinions, then decides what information is useful and makes the decision by himself.
- Facilitate: Pier organizes a group meeting and presents his opinion and every group member participates. The decision is made by group consensus.
- Delegate: Pier leaves the decision making process entirely to the group members and doesn't participate in it.