Answer:
$500
Explanation:
2012 Income Statement
Revenue $2,000
<u>Expenses</u>
Wages incurred and paid $500
Salaries $400
Interest on bank loans <u>$600</u> <u>$1,500</u>
Net Income <u>$500 </u>
So, the amount of $500 will be shown as Net Income on the 2012 Income Statement.
Answer:
d. $60,000
Explanation:
As per passive income rules, As stated under Internal Revenue Service is a kind of statement that allows to set off the passive loss as against passive income only.
There is no rule which permits to set it off against ordinary income.
Therefore, the details in the given instance are:
Loss of 2015 = ($80,000)
Income in 2016 = $20,000
Loss at the end of 2016 = ($60,000)
This because from the income in 2016 amounting $20,000 the loss of $20,000 is set off.
Answer:
correct option is d. extended term
Explanation:
given data
pay premiums = $50,000
solution
As extended Term will allow here the amount present cash value of the policies that is buy the single premium term policy
it is the same face amount for the long time period
and here Fixed Amount will be for Settlement Option
and the Paid Up option will be Option Dividend Option
so here correct option is d. extended term
Answer:
percentage-of-sales approach
Explanation:
As the volume of business revenue increases, the percentage of advertising investment over revenue may decrease. The US Small Business Administration recommends between 7% and 8% if sales are less than $ 5 million a year and the net margin is between 10% and 12%.
It seems logical to determine the cost of what we invest in selling, in relation to the sales we are having, for example, the oil companies allocate a penny for each liter of gasoline they sell.
The logic is maintained if we consider that we will never get out of what the company can really afford, our relationship with CFOs will be one of love at first sight, we look great in presentations to management and promote stability.
Of course it does have bad points, and the first is that its approach is wrong because marketing and communication are not necessarily linked to sales.
After implementing a solution to a given work-related problem, the manager should EVALUATE THE OUTCOME OF THE SOLUTION.
The evaluation of the chosen solution is very important, it is needed to determine whether the solution chosen effectively take care of the problem or not. The evaluation process examines the effectiveness of the solution. <span />
