<span>They originally felt that licensing would be the best first step. By letting other companies use their product in exchange for paying royalty fees, Bernerd was licensing its product out for those companies to take advantage of the company's name.</span>
Answer:
Statement is true
Explanation:
One is liable to pay comparatively lesser tax if filed jointly with the spouse. Filing jointly is advantageous. IRS does not force married couples to file joint returns. They have the option to file separately but filing jointly provides ta relief.
If couples decide to file jointly, spouse is responsible to pay taxes or any resultant penalties, if the other half is unable to do so. In this case, Ernie is liable to pay taxes if Bonnie to unable to pay even though she does not have any eared income but they chose to file returns jointly.
Answer:
Financial accounting standard-setting in the United States can be described as a social process which reflects political actions of various user groups as well as a product of research and logic.Hence,option A is correct.
Explanation:
The financial accounting standard-setting in the U.S. is heavily rule-based.By rule-based,I mean there is a strong government interest in the way corporations report their financial performance to various stakeholder groups.
Serbanes-Oxley Act is a strong indication that the political class is keeping a tab on the financial reporting framework and results of the various companies operating in the different sectors of the economy.
The correct answer is distributed leadership.
This means that not only one person is in charge - but rather a group of individuals who decide what the best course of action is. A part of leadership is dedicated to each member of this group, and together they lead a company.
Answer:
Total contribution margin= $1,220,000
Explanation:
Giving the following information:
Purchase price= $1.8
Selling price= $14
Number of untis= 100,000
<u>First, we will determine the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 14 - 1.8
Unitary contribution margin= $12.2
<u>Now, the total contribution margin:</u>
Total contribution margin= 100,000*12.2
Total contribution margin= $1,220,000
