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Paladinen [302]
3 years ago
9

Sales $200,000 Operating expenses 150,000 (excludes charitable contribution deduction) Nontaxable income 3,000 Nondeductible exp

enses 4,000 Capital gains 12,000 Capital losses 15,000 Charitable contributions $6,000 Also, the corporation distributed $9,000 to its shareholders ($3,000 to each shareholder). 5.Calculate the amount of charitable deduction
Business
1 answer:
Lesechka [4]3 years ago
5 0

Answer:

$2,500

Explanation:

The amount of charitable contribution deduction as stipulated in Section 181 of the Companies Act, 2013 is 5 percent of the net profit of such corporation.

Net Profit = Sales - Operating Expenses

Net Profit = $200,000 - $150,000

Net Profit = $50,000

Amount eligible for deduction = $50,000 * 5%

Amount eligible for deduction = $2,500

So, the amount eligible for deduction is $2,500 even though the Corporation contribute $6,000 as stated in the question

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Avoidance is a risk-control technique that can be used effectively in a risk management program. a. What is the major advantage
posledela

Answer:The major advantage of avoidance technique in risk management is that it is cheaper than every other method of risk management.

It is possible to avoid all potential loss by company

Explanation:The technique of avoidance save the company deploying it in risk management the stress of paying fines ,loss of funds , reputational damages that may arise among other things should a potential risk crystallized into full blown loss.it involves setting up method or safeguard that protects the institution from a certain level of risk ,it might involves abstaining from certain trasaction as a whole or setting risk limits for certain amount of trasaction,above this limits,it's no deal.

It is possible to avoid potential loss to a barest minimum by adopting the best risk management techniques as applicable,this include hedging in case of currency exchange ,taking insurance against unforseen circumstances, adopting industry best practices,avoiding illegal or overly risky ventures,having a proper risk management team in place.etc

8 0
3 years ago
Read 2 more answers
Attention is a .......... process by which a person focuses on a given target, while maintaining an awareness of background even
djyliett [7]
The correct option is TARGETED.
Attention refers to the behavioral and cognitive process of selectively focusing on a particular aspect of information while ignoring other perceivable information. Attention also relates to the limited capacity to process information that is under conscious control.<span />
5 0
3 years ago
What is the difference between general and applied ethics​
Snezhnost [94]

Answer:

The answer is below

Explanation:

Both General ethics and Applied Ethics are part of philosophical knowledge in understanding humans and their society.

Hence, the difference between general and applied ethics​ is:

General ethics is a philosophical term that is used to describe the theory of values in human activities. It deals with answering the controversial questions of human morality by establishing the idea of good and evil, right and wrong.

On the other hand, Applied Ethics is a term used in philosophy to describe a branch of ethics that is established to answer the issue of moral dilemmas, strategies, and operations in individuals' life, organizations, technology, and state.

5 0
3 years ago
You must estimate the intrinsic value of Noe Technologies’ stock. The end-of-year free cash flow (FCF1) is expected to be $27.50
emmasim [6.3K]

Answer:

= $52.78 per share

Explanation:

<em>The value of a business can be determined using the free cash flow model. According to this model, the value of a firm is is the present value of its free cash flow discounted at the weigthed average cost of capital (WACC.)</em>

<em>The value of equity is the value of firm less value of other instruments (e.g debt and preferred stocks)</em>

<em>Value of equity = Value of the entire firm - Value of debt </em>

We can work out the the value per share using the steps below:

<em>Step 1</em>

<em>Calculate the total value of the firm</em>

Value of firm =  27.50/(0.1-0.07)

 = $916.66 million

<em>Step 2</em>

<em>Calculate the value of equity</em>

<em>Value of equity = Value of the entire firm - Value of debt</em>

= $916.66 million - $125.0 million

=791.666 million

<em>Step 3</em>

<em>Calculate the value per share</em>

Value per share = Value of equity/ units of common stock

=$791.666 million/15 million units

= $52.78 per share

3 0
3 years ago
Ben receives an email purporting to be from his bank, advising him that new passwords are being distributed. The email asks him
Nina [5.8K]

Answer:

The correct answer is E

Explanation:

Phishing is the term which is defined as group of individual or the malicious individual who are scam users. This is done by sending the emails or creating the web pages which are designed in order to collect the information of online bank, other login information or credit card information of an individual.

So, Ben is the victim of phishing, as the fraud is done with him by sending the emails.

3 0
4 years ago
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