QUESTION 8 of 10: True or False: Charitable donations you make may reduce the amount of taxes you have to pay.

Jill follows mcgregor's theory y approach to management. she is likely to assume that:

Lena [83]

If Jill engage or follow the theory of mcgregor in terms of approaching management, then she is likely to assume that a worker or an average worker would prefer to be directed in which they would rather to be ordered or consulted directly.

6 0

3 years ago

John occasionally borrows the car of his friend, sophie. sophie has a pap with liability limits of 100/300/50. john also has a p

Vaselesa [24]

Answer:

Sophie's policy will pay $100000, John's policy will pay $200000 ( A )

Explanation:

John having a pa with liability limits 250/500/50 means that John has a liability limit of $200000 and since John was the driver of the Sophie's vehicle he will pay $200000 due to the driver policy

and Sophie's policy will pay the remaining $100000 as a secondary payment since she was not the driver when the accident happened .

total liability in Bodily injury suffered by one person during the cause of the accident = $300000

3 0

3 years ago

Read 2 more answers

When the total expenses over the life of an operating lease are compared to the total expenses over the life of a finance lease,

Tasya [4]

Answer:

The expenses of the finance lease and operating lease are equal

Explanation:

A lease is an agreement wherein the the lessor allows the lessee to use an asset for a fixed period in return for periodical lease rentals.

Leases are of two types, operating and finance. In the latter, the lessee has the option to buy the asset on lease, at the end of the lease term at a very reduced value. In case of operating lease, the lessor remains the owner upon the termination of lease.

Expenses refer to lease rental payments made by the lessee to the lessor. Considering, the lessor wants a desired rate of return from leasing activity, the lease rentals under both would be structured to give him the same desired return.

This means, the expenses of both finance and operating lease would be equal.

5 0

3 years ago

Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in

olga55 [171]

Answer: $12,900

Explanation:

From the question, we are told that Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about buying his LLC interest. Bob's outside basis in Freedom, LLC, is $7,000 which includes his $1,900 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $14,000. We are further told that Tom bought Bob's LLC interest for $11,000.

Tom's outside basis be in Freedom, LLC will be the amount that he paid for Bob's LLC interest plus the share of LLC’s debt. This will be:

= $11,000 + $1,900

= $12,900

4 0

4 years ago

Pacheco, Inc., produces two products, overs and unders, in a single process. The joint costs of this process were $50,000, and 1

Alex Ar [27]

Answer:

1.

Joint costs allocation using the estimated net realizable value method:

Overs: $5,000; Unders: $45,000

2.

Overs should not further process and the company should sell Overs at split-off. It is because the further process cost per unit is more than the incremental in selling price thanks to further process per unit.

Explanation:

1.

We have:

Net realizable value of Overs = Sales value of Overs - Processing cost after split-off of Overs = 2 x 14,000 - 18,000 = $10,000

Net realizable value of Unders = Sales value of Unders - Processing cost after split-off of Unders = 3.14 x 36,000 - 23,040 = $90,000

=> Total net realizable value of the two goods = $100,000; in which Overs accounts for 10%; Unders accounts for 90%.

=> Joint cost allocated to Overs = 10% x 50,000 = $5,000; Joint cost allocated to Unders = 90% x 50,000 = $45,000.

2.

By further processing, one unit of Overs is created the incremental of revenue of: Sell price after further process - Sell price before further processing = $2 - $1.8 = $0.2

Further processing cost per unit of Overs = 18,000 / 14,000 = $1.29.

As revenue incremental per unit is less than further processing cost per unit (0.2 < 1.29); the company should sell Overs at split-off.

8 0

3 years ago