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bezimeni [28]
2 years ago
10

A trade discount is: ___________

Business
1 answer:
arsen [322]2 years ago
8 0
Answer: I think the answer would be B
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Briefly explain 3 arguments for and 3 against a national minimum wage.​
serious [3.7K]

FOR:

  • increased income for workers
  • more workers attracted to the workforce
  • less strain on federal resources for those in poverty

Against

  • more costly for businesses
  • possible unemployment due to job automation
  • higher prices for consumers.

Here are some basic arguments. You will need to explain these a bit more for your assignment though.

7 0
3 years ago
Evergreen Corporation distributes land with a fair market value of $200,000 to its sole shareholder. Evergreen's tax basis in th
Lady_Fox [76]

Answer:

True

Explanation:

As for calculating the gain or loss on distribution of any asset, in any case the company shall consider the fair market value at the time of distribution, and accordingly, the gain or loss shall be:

Fair market value - Tax basis of such asset.

Here, in the given instance

Fair market value of land = $200,000

Tax basis of land = $50,000

Thus, gain on distribution = $200,000 - $50,000 = $150,000

This will not be different in any case, whether the earnings are positive or negative.

Therefore, the statement is True

4 0
3 years ago
The top management of Kryptos Inc., a supplier of office stationery to large IT corporations, is involved in a meeting with its
liubo4ka [24]

Answer:

Jury of Executive Opinion

Explanation:

Jury of Executive Opinion method of sales forecasting employs the views of to management in various section. They are are experienced and have good knowledge of the market factors and are able to predict the expected sales. They are able to forecast sales figures through estimates and previous experiences. All internal and external factors are taken into account. Their judgements are pooled together and averaged in drawing the sales forecast of Kryptos Inc.

8 0
3 years ago
Read 2 more answers
Nighthawk Inc. is considering disposing of an old machine with a book value of $22,500 and an estimated remaining life of three
Juli2301 [7.4K]

Answer:

b. $8,750 increase

Explanation:

Please see attachment

3 0
3 years ago
Read 2 more answers
On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 25 million of its $1 par common
natima [27]

Answer:

See the explanation below.

Explanation:

Total compensation expenses = 25 million * 15 = $375 million

1. On December 31, 2018.

Compensation expenses = $375 million / 3 = $125 million

Journal entries will be as follows:

<u>Details                                               Dr ($'Million)          Cr ($'Million)  </u>

Compensation expenses                       125

Paid-in Capital - Restricted stock                                         125

<u><em>To record the compensation expenses for 2018.                                   </em></u>

2. On December 31, 2019.

Compensation expenses = [$375 million * 96% * (2/3)] - $125 million = $115 million

Journal entries will be as follows:

<u>Details                                               Dr ($'Million)          Cr ($'Million)  </u>

Compensation expenses                       115

Paid-in Capital - Restricted stock                                         115

<u><em>To record the compensation expenses for 2019.                                   </em></u>

3. On December 31, 2020.

Compensation expenses = ($375 million * 96%) - $125 million - $115 million = $120 million

Journal entries will be as follows:

<u>Details                                               Dr ($'Million)          Cr ($'Million)  </u>

Compensation expenses                       120

Paid-in Capital - Restricted stock                                         120

<u><em>To record the compensation expenses for 2020.                                   </em></u>

5 0
3 years ago
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