Answer: 5.54%
Explanation:
The margin of safety as a percent of sales will be calculated as:
= (Expected sales - Break even sales) / Expected sales
= ($352000 - $332500) / $352000
= $19500 / $352000
= 0.0554
= 5.54%
Answer: Amelia has a claim for discrimination based on gender discrimination.
Explanation:
Gender discrimination has to do with inequality that exists between men and women at workplace, homes etc. These differences ate as a result of cultural norms, psychology etc.
In this scenario, we are told John and Amelia were caught one day stealing a tractor at their workplace but that John was given a verbal warning and Amelia was terminated. This shows that there is gender discrimination. Since they both committed thesame offence, they should get thesame punishment. Therefore, Amelia has a claim for discrimination based on gender discrimination.
Answer:
Special basis adjustments are an annual election made by the partnership.
Explanation:
According to section 754, the election option is available when some prescribed types of distribution of assets from the partnership to a partner occur if transfer of interest by either of sale, exchange or death of partner ocurred, otherwise such section will not be applicable. Once such section applied it will continue to be applied to all tranfers.
Answer:
3 years
Explanation:
The formula to compute the payback period is shown below:
= Initial investment ÷ Net cash flow
where,
Initial investment is $450,000
And, the net cash flow = annual net operating income + depreciation expenses
= $105,000 + $45,000
= $150,000
Now put these values to the above formula
So, the value would equal to
= ($450,000) ÷ ($150,000)
= 3 years
Answer:
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