Laila can sue Noor in a federal court due to federal question jurisdiction. A court having original, appellate, and advisory jurisdiction was formed in India in 1937 as per the terms of the Government of India Act 1935.
It operated up until 1950, when the Supreme Court of India was established. Despite the fact that Delhi served as the Federal Court's headquarters, a separate Pakistani Federal Court was founded in Karachi following India's partition. The Federal Court of India has the option of appealing to the jurisdiction Committee of the Privy Council in London. Any legal conflict involving the Central Government and the Provinces fell within the exclusive original jurisdiction of the Federal Court.
To learn more about Federal Court, click here.
https://brainly.com/question/1384353
#SPJ1
Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The fair market
value at the time of conversion was $210,000. (Use Table 6A-6
Required:
a. Determine the amount of cost recovery that can be taken in 2021.
b. Determine the amount of cost recovery that could be taken in 2021 if the fair market value of the property were $350,000.
If Janet purchased her personal residence in 2011 for $250,000. In January 2021, she converted it to rental property. The amount of cost recovery that can be taken in 2021 is $7,318.50 and the amount of cost recovery that could be taken in 2021 is $8,712.50.
Cost recoveryIn order to determine the cost recovery we have to choose the amount that is lower between the depreciable basis of the fair market value or cost at the date of conversion.
The amount that is lower is the cost at the date of conversion of the amount of $210,000 and this amount is depreciated based on a 27.5 year mid month method.
Hence,
a. Amount of recovery :
Amount of recovery = $210,000 × 0.03485
Amount of recovery = $7,318.50
b. Amount of recovery
Amount of recovery = $250,000 × 0.03485
Amount of recovery = $8,712.50
Therefore the cost recovery is $7,318.50 and $8,712.50.
Learn more about cost recovery here: https://brainly.com/question/17161791
#SPJ1
Write a solution to each scenario
1. Julio,Liza, and Jon must prepare a report, but Jon hasn't done his share.
2. Regeena's boss likes her work but she 's always late in spite if being warned.
3. Lucie thinks her boss is being unfair because he gives her morw work than he gives her co-workers.
The solution that would have to be done in all of the situations that we have here would be:
The solution that would be done here is to find out why Jon has not done his then try to offer him assistance to get the job doneGiven that Regina is always late despite being warned, the boss has to find out the reason for her lateness and if she still continues, it may cause her to have a probation at work.Lucie would have to speak to her boss on the volume of work that she gets.How to deal with situations in the work placeIn the work place, it would be best if the people that are in a particular work environment are able to work in a way that they would avoid all forms of conflicts that may arise.
This would have to do with putting up all of the attitudes that has to do with coming early to work, showing respect and being eager to learn.
Read more on workplace environments here:
https://brainly.com/question/28104809
#SPJ1
effective guiding policy is supported by and stays consistent through the use of ______.
The effective guiding policy is supported by and stays consistent through the use of strategic commitments.
Strategic commitments that senior management and key personnel for the duration of the employer purchase in to drive the corporation forward to attain its targets. therefore, they have dedicated themselves to the success of the corporation. furthermore, they execute the strategies of the agency as efficaciously as feasible.
Whilst employees are dedicated to a method and its implementation they may be extra stimulated to put into effect it. Organizational individuals who strongly consider the strategy and its dreams are more likely to be willing to make greater efforts on its behalf. This in flip results in higher method execution performance.
Learn more about strategic commitments here:-https://brainly.com/question/15545252
#SPJ4
The following are the types of managers classified by levels except.
Select one:
A.
Lower level
B.
Middle level
C.
Top level
D.
Moderate level
The Lower Level, Middle Level & Top Level are the types of managers classified by levels.
Moderate Level is not included in this classification.
Explanation:The three levels of management in most organizations are top-level management, mainly responsible for overseeing all operations, middle-level management, responsible for executing plans and policies, and low-level management, responsible for direct task execution and deliverables.
what is the purpose of completing a job application form or sending a resume and a cover letter?
Answer: a cover letter serves as your first impression to an employer and helps you to stand out from other applicants. A resume highlights qualifications for employment including education, experience, skills, and other relevant information.
You are to enter up the necessary Ledgers for the month of June from the following details, and then balance off the accounts and extract a trial balance as at 30th June 2021 Started firm with capital in cash Kshs. 750,000 Bought goods on credit from F. Kamau Kshs.16200, K. Musioka Kshs. 26100, G. Mutiso. Kshs.7500, M. Kim 22800 and F. Njoroge Kshs. 19200 Sold goods on credit to M. Coke Kshs.12000, T. Big Kshs. 18600 and K. Ngai June 1: June 2: June 4: June 6: June 9: June 10: June 12: June 15: June 18: June 21: June 30: Kshs. 52800 Paid rent by cash Kshs. 3600 M. Coke paid us his account by cheque Kshs. 12900 H. Muigai paid us Kshs. 45000 by cheque We paid the following by cheque G. Mutiso Kshs. 7500, F. Kamau Kshs. 6200 Paid carriage by cash Kshs. 6900 Bought goods on credit form K. Musioka Kshs. 129, M. Kim Kshs. 33000 Sold goods on credit to T. Big Kshs. 20100 Paid rent by cheque Kshs. 5400
1) The ledger accounts for June 2021 are:
CashDate Account Titles Debit Credit
June 1: Capital Kshs.750,000
June 6: Rent Expenses Kshs. 3,600
June 9: Accounts Receivable:
M. Coke 12,900
June 10: H. Muigai 45,000
June 12: Accounts Payable:
G. Mutiso 7,500
F. Kamau 6,200
June 15: Freight Expenses 6,900
June 30: Rent Expenses 5,400
June 30: Balance Kshs. 778,300
CapitalDate Account Titles Debit Credit
June 1: Cash Kshs.750,000
InventoryDate Account Titles Debit Credit
June 2: Accounts Payable Kshs.91,800
June 18: Accounts Payable 162,000
June 30: Balance Kshs. 253,800
Accounts PayableDate Account Titles Debit Credit
June 2: Inventory Kshs. 91,800
June 12: Cash Kshs. 13,700
June 18: Inventory 162,000
June 30: Balance Kshs. 240,100
Accounts ReceivableDate Account Titles Debit Credit
June 4: Sales Revenue Kshs. 83,400
June 9: Cash Kshs. 12,900
June 10: Cash 45,000
June 21: Sales Revenue 20,100
June 30: Balance Kshs. 45,600
Sales RevenueDate Account Titles Debit Credit
June 4: Accounts Receivable:
M. Coke Kshs.12,000
T. Big 18,600
K. Ngai 52,800
June 21: T. Big 20,100
June 30: Balance Kshs. 103,500
Rent ExpensesDate Account Titles Debit Credit
June 6: Cash Kshs. 3,600
June 30: Cash 5,400
June 30: Balance Kshs. 9,000
Freight ExpenseDate Account Titles Debit Credit
June 15: Cash Kshs. 6,900
2) A trial balance follows:
Trial BalanceJune 30, 2021
Account Titles Debit Credit
Cash Kshs. 778,300
Capital Ksh. 750,000
Inventory 253,800
Accounts Payable 240,100
Accounts Receivable 45,600
Sales Revenue 103,500
Rent Expenses 9,000
Freight Expenses 6,900
Totals Kshs. 1,093,600 Kshs. 1,093,600
What is a trial balance?A trial balance lists the ending balances from the ledger accounts to provide a summary that helps to ensure that the two sides are equal.
When the debits and credits do not agree, there will be the need for further checks and balances and correction of errors.
Transaction Analysis:June 1: Cash Kshs.750,000 Capital Kshs.750,000
June 2: Inventory Kshs. 91,800 Accounts Payable F. Kamau Kshs. 16,200, K. Musioka Kshs. 26,100, G. Mutiso. Kshs.7500, M. Kim 22,800 F. Njoroge Kshs. 19,200
June 4: Accounts Receivable M. Coke Kshs.12,000, T. Big Kshs. 18,600 and K. Ngai Kshs. 52,800 Sales Revenue Kshs. 83,400
June 6: Rent Expenses Kshs. 3,600 Cash Kshs. 3,600
June 9: Cash Kshs. 12,900 Accounts Receivable: M. Coke Kshs. 12,900
June 10: Cash Kshs. 45,000 Accounts Receivable: H. Muigai Kshs. 45,000
June 12: Accounts Payable: G. Mutiso Kshs. 7,500, F. Kamau Kshs. 6,200 Cash Kshs. 13,700
June 15: Freight Expenses Kshs. 6,900 Cash Kshs. 6,900
June 18: Inventory Kshs. 162,000 Accounts Payable: K. Musioka Kshs. 129,000 M. Kim Kshs. 33,000
June 21: Accounts Receivable: T. Big Kshs. 20,100 Sales Revenue Kshs. 20,100
June 30: Rent Expenses Kshs. 5,400 Cash Kshs. 5,400
Learn more about the trial balance at https://brainly.com/question/4925044
#SPJ1
upstream activities in the value chain are concerned, in part, with group of answer choices the support activities. input logistics. the primary activities. after market service.
Upstream activities in the value chain are concerned, in part input logistics. In general, logistics is the detailed planning and execution of a complex operation.
What is logistics ?In general, logistics is the detailed planning and execution of a complex operation. Logistics, in general, manages the flow of goods between the point of origin and the point of consumption to meet the needs of customers or corporations. Logistics resources can include tangible goods like materials, equipment, and supplies, as well as food and other consumable items.
Logistics in military science is concerned with maintaining army supply lines while disrupting enemy supply lines, because an armed force without resources and transportation is defenceless. Military logistics was already practised in the ancient world, and advanced implementations have been developed as the modern military has a significant need for logistics solutions.
Logistics management is a branch of supply chain management and supply chain engineering that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goods, services, and related information between the point of origin and point of consumption in order to meet the needs of customers.
To learn more about logistics refer :
https://brainly.com/question/27785169
#SPJ4
If an investment grew to $13,500 in 2 years and the interest amount earned was $1,150, calculate the nominal interest rate compounded quarterly.
Based on the investment amount after 2 years, and the interest amount that was earned, the nominal interest rate when compounded quarterly is 5.82%.
How to find the interest?First, find the annual interest on the investment that would have enabled it to grow to $13,500 in 2 years.
The amount invested was:
= 13,500 - 1,150
= $12,350
The nominal interest rate annually is:
13,500 = 12,350 x ( 1 + rate) ^ 2 years
Rate = 5.7%
The nominal interest rate compounded quarterly is:
= (1 + Annual rate / Number of compounding periods in year) ^ number of compounding periods in year - 1
= (1 + 5.7%/ 4)⁴ - 1
= 5.82%
Find out more on nominal interest at https://brainly.com/question/15089941
#SPJ1
A(n) ________ is a favorable circumstance that presents possibilities for progress beyond existing goals.
A opportunity is a favorable circumstance that presents possibilities for progress beyond existing goals. A business opportunity, also known as a bizopp, is the possibility to start a firm by utilising an event in the market. It entails a favorable situation that affects the entire market.
A business opportunity helps some companies succeed while hindering others. The first step in starting a business venture is to identify a business opportunity, which is a set of market circumstance that make it possible to turn an idea for a firm into a venture. The examination and validation of a business progress idea can be done using a variety of tools and techniques. They typically result from events that happen outside of your company.
To learn more about opportunity, click here.
https://brainly.com/question/14893179
#SPJ1
The three typical behavioral theories
The four theories of health behavior that are most widely used are the Theory of Planned Behavior, the Health Belief Model, and the Transtheoretical Model/Stages of Change.
The relationship between three Behavior different types of behavior theory introspection-based, behavioristic, and sociological is examined in this essay. The idea that mentalistic notions are theories concepts that are contextually defined inside physicalist theories, as well as Ryle's attempt to reduce mentalistic to dispositional concepts, are explored and disproved.
Because (b) and (c) assume Verstehen as a way of cognition and norm-relevance as a guiding principle of classification, it is believed that all three categories of behavior theory cannot be reduced to the physicalist paradigm theories.
To learn more about theories, click here.
https://brainly.com/question/6229965
#SPJ1
in the united states, opportunities for participation by girls and women in sports have grown since the passage of _____ of the education amendments of 1972.
In the united states, opportunities for participation by girls and women in sports have grown since the passage of Title IX of the education amendments of 1972.
On June 23, 1972, the United States passed the Education Amendments of 1972, sometimes referred to as the Higher Education Amendments of 1972. It is most well-known for its Title IX, which outlawed sex-based discrimination in educational institutions receiving federal funding.
Additionally, it altered government initiatives that offered financial aid to students by transferring funds directly to them without the involvement of middlemen financial institutions.
Executives, administrators, outside salespeople, and professionals were not initially included by the Equal Pay Act of 1963; however, the Education Amendments of 1972 altered the Fair Labor Standards Act to include these workers.
To learn more about Education amendments of 1972 visit: https://brainly.com/question/13033492
#SPJ4
A CPA firm should establish procedures for conducting and supervising work at all organizational levels to provide reasonable assurance that the work performed meets the firm’s standards of quality. To achieve this goal, the firm most likely would establish procedures for?
A CPA firm should establish procedures for conducting and supervising work at all organizational levels to provide reasonable assurance that the work performed meets the firm’s standards of quality. To achieve this goal, the firm most likely would establish procedures for Reviewing documentation of the work performed and reports issued.
Your CPA firm is likewise required to corroborate the quantities and disclosures covered to your monetary statements by acquiring audit proof thru inquiry, bodily inspection, observation, third-birthday birthday celebration confirmations, examination, analytical tactics and different tactics.
A detail of a CPA firms fine manipulate device that must be taken into consideration in organizing its fine manipulate guidelines and tactics Managing human resources. The fine manipulates guidelines and tactics relevant to a firm's accounting and auditing exercise must embody the subsequent elements: Independence, Integrity, and Objectivity.
Learn more about CPA firm here:
https://brainly.com/question/25568979
#SPJ4
A reporting relationship in which an employee receives orders from, and reports to only one supervisor is known as:
Answer:
According to the concept of unity of command, each level of the organizational hierarchy has only one supervisor who is responsible for each employee. This holds true even if a collection of individuals leads the organization's top. Consider being the CEO of a Silicon Valley-based technology company as an illustration. While the board of directors of your company oversees policy-making and strategic planning, you solely report to the chairman of the board in accordance with the unity of command principle. however, have a supervisor for your unit who reports to her department manager. The vice president of operations, who reports to the CEO, is the department manager's superior. The board of directors' chairman is the CEO's subordinate.
Answer:
unity of command
Explanation:
Being accountable and answerable to more than one supervisor is never liked by the employees. Unity of Command is the one business management theory that resolves this issue.
According to the Principle of Unity of Command, there shouldn’t be a group of supervisors for a single subordinate or a single team working for a company.
For example, the HR team of a company will have just one supervising head instead of two or three to have an orderly set up in the work atmosphere. With the help of the Unity of Command principle, there is a proper hierarchy that is set in the company.
a taxpayer may exclude which of the following from their gross income?
A. an allocation of income from a business structured as a partnership, based on the taxpayers percentage of ownership.
B. dividend income from a mutual fund investment.
C. gain from the sale of rental property.
D. life insurance if paid by reason of death of the insured
Answer:
D. life insurance if paid by reason of death of the insured
Explanation:
You want to know which of business income, dividend income, rental property sale proceeds, or life insurance can be excluded from gross income.
Life insuranceThe death benefit paid by a life insurance policy is not taxable and may be excluded from gross income. Any interest it may have earned is taxable and should be reported.
<95141404393>
Bree's Bait Shop is a successful store that specializes in highly effective fishing tackle. Bree has employed a high-tech computer
tracking system that allows her to separate her customers into two different groups of consumers with a differing willingness to
pay. Bree is interested in increasing her profits through price discrimination and approaches your marketing firm for advice.
Assuming her demand curve is downward sloping, you tell her there is one more crucial piece of information you must have in
order to advise her.
What do you ask Bree?
Are you currently producing where P = ATC?
What are your total costs?
What is your current price?
O Are you able to prevent the resale of your tackle?
Option (d) is the best choice. We ask Bree: Are you able to stop your tackle from being sold again?
What is pricing discrimination, and how does it help monopolies make more money?By maximizing total income, price discrimination often increases the monopoly firm's profit. Instead of setting a flat rate for all clients, a monopolist charges some customers additional prices. Price discrimination among clients with diverse needs helps reduce the danger of establishing a uniformly high price.
How can pricing discrimination boost revenue?An organization can sell at a significantly higher production thanks to price discrimination. It is therefore using its earlier spare capacity. This enables the company to use its manufacturing factors more effectively. Because of the higher output, the company is able to cut its long-term average costs and raise profits even more.
Learn more about Price discrimination: https://brainly.com/question/17272240
#SPJ1
Which of the following is a major advantage of in-depth interviews over focus group interviews? They eliminate the need for a trained interviewer. They allow researchers to observe the social influence process that affects consumer behavior and attitudes because group members interact with each other. They increase the likelihood of cross talk, thus creating synergy among participants and encouraging them to talk in detail about a topic. They decrease the likelihood of participants responding in a socially desirable manner because there are no other participants to impress.
The major advantage of in-depth interviews over focus group interviews:
They eliminate the need for a trained interviewer. They increase the likelihood of cross-talk, thus creating synergy among participants and encouraging them to talk in detail about a topic. They decrease the likelihood of participants responding in a socially desirable manner because there are no other participants to impress.In-intensity interviews offer greater special feedback for better facts collection. Researchers can generate results using statistical facts evaluation. There's much less threat of moderator bias than in consciousness institution settings. Insights gathered from these remarks is generally greater beneficial for the quantitative section.
The sampling is greater accurate than different information series strategies. Researchers can screen adjustments in tone and phrase choice of individuals to gain a higher know-how of evaluations. Fewer individuals are had to obtain useful facts.
Learn more about interviews here https://brainly.com/question/3752408
#SPJ4
How would you define ethics? What are three factors that might affect good ethical conduct? Conduct research and provide an explanation of why the Sarbanes-Oxley Act was created and how it relates to ethics. What are the legal liabilities of an accountant?
Ethics which can also be known as moral philosophy is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.
Below you can read more about Factors that may Affect Ethics.
What is Ethical Conduct?Ethical trust defines the principles of fairness, good faith and respect consistent with laws, regulations which helps in promoting professionalism.
There are several factors that affect good ethical conduct, they include the following
Individual Factor( include knowledge level, moral values and attitudes, and personal goals)Social Factor (include cultural norms and the actions and values of coworkers and significant others)Opportunity Factor( amount of freedom to move or act that is available to behave unethically if people so choose)the Sarbanes-Oxley Act was created in response to incessant corporate fraud and failures. Its aim was to create new rules for corporations, such as setting new auditor standards.
The Legal liabilities of an accountant implies that the accountant is accountant legally liable for being negligent of fraud, even if they had no actual stake in the fraud being committed.
Learn more about Ethics at https://brainly.com/question/13969108
#SPJ1
How do you deal conflicts business planning?
Answer:
1. clarify what is the source of conflict
2. Find a safe and private place to talk
3. Listen actively and let everyone have their say
4. Investogate the situation
5. Determine ways to meet the common goal
6. Agree on the best solution and determine the responsibilities each party has in the resolution
7. Evaluate how things are going and decide precentative for the future
Explanation:
You overhear your dad complaining about how the stock market went down 30 points over the past week. Would you consider this a bull or bear market? Explain why.
Answer:
A bull market
Explanation:
A bull market is loosely defined as a persistently sloping upward line. During a bull market, market confidence is high and investors are eager to buy stocks with the hopes that their stocks will grow in value. But during a bear market, it’s quite the opposite. Investors want to sell their stocks because of fear and anxiety that the market will crash.
You overhear your dad complaining about how the stock market went down, this will consider a bull market.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as stockholder or shareholder and liable for some dividend.
When the prices of securities are increasing or are expected to rise it is indicated as a bull market occurs. The word "bull market" refers to a situation in which the overall market is performing well and investors are bullish about the future.
Bull markets can endure for months or even years, depending on factors such as economic conditions, company success, and investor sentiment.
All markets have ups and downs throughout time, and there's always a danger of losing money when you invest in the stock market, It's crucial to remember that.
Learn more about the bull market, here:
https://brainly.com/question/856752
#SPJ2
Please help me is about economics
Prices and consumer demand are inversely related. This is referred to as the Law of Demand.
If video game prices fall, how will they impact demand?According to the law of supply, a price drop will cause a drop in the number of video games available. However, if video games are made more accessible, demand will rise. Price and demand are inversely related. The Law of Demand is what is used to describe this. Demand decreases as the price rises (but demand itself stays the same). Demand rises proportionately as prices decline.
What happens if the substitution effect causes the price of ice cream to increase?According to the substitution effect, as prices rise or incomes drop, individuals choose less expensive options. The replacement impact monitors the adjustments in consumer purchasing patterns brought on by price changes. More popsicles than ice cream will be purchased in the aforementioned scenario. Ice cream consumption will fall, while popsicles will rise in popularity.
What will happen to the price of coffee when people stop buying tea?If the price of coffee goes up, people stop buying tea and just buy coffee. Tea consumption declines while coffee consumption rises. The term "income effect" refers to the change in consumer spending that depends on income. This suggests that if their income increases, people will generally increase their spending. They might spend less if their income drops. The outcome has little bearing on what goods buyers will buy.
Learn more about the law of demand: brainly.com/question/10782448
#SPJ13
Neema is a manager for a television manufacturer. She manages the logistics, quality, and productivity of the service
department. Thus, Neema is a?
MRP determines the necessary materials and when they will be needed during the manufacturing process using data from the bill of materials (BOM), inventory data, and the master production schedule.
When businesses divide the transformation process into departments that group related processes, what is the term used?
Process-layout-using businesses. The transformation process is divided into departments that group related processes in a process layout. A metal fabrication facility, for instance, might comprise divisions for cutting, drilling, and polishing. A hospital might have an obstetrics unit, an X-ray unit, and so forth.
What distinguishes a business as a manufacturer or a service provider?
The five key distinctions between service and manufacturing organizations are the tangible nature of their output, production on demand or for inventory, production tailored to the needs of a specific customer, labor-intensive or automated operations, and the requirement for a physical production location.
To learn more about production from the given link.
https://brainly.com/question/16755022
#SPJ9
Due to the pandemic, some states guidelines allow pools to open at 25% capacity. discuss how this restriction will affect operating costs per swim (average cost) and its effect on profitability.
This restriction will negatively affect swimming's operating costs, increasing them in relation to revenue and reducing the clubs' profitability.
What affects a company's operating costs?The average cost of an organization is directly influenced by its activities, that is, its production, products and services. Such expenses correspond to those derived from the organizational routine, such as expenses with infrastructure, transport and the cost of goods or services sold.
Operating costs then correspond to administrative, sales and general expenses that occur for the perfect flow of the company. The average or operating cost of a company is calculated from the average of expenses in relation to the average of acquisition of products or services.
Therefore, in a situation where there is only 25% of the site's capacity used, average costs will increase, while profitability will be reduced as it will not be compensated for by the expenses.
Find out more about operating costs on:
https://brainly.com/question/14697297
#SPJ1
In a long run equilibrium in a perfectly competitive market we should expect to see that
A. Firms are producing the largest output
B. The average variable costs are bigger than the average fixed costs
C. The marginal cost of firms is the average total cost
D. Firms make 0 profit
D) In a long-run equilibrium in a perfectly competitive market, we should expect firms to make no profit.
What exactly is a long-run equilibrium?
In microeconomics, the equilibrium is determined at the point where demand and supply meet. In macroeconomics, equilibrium is reached when aggregate demand equals aggregate supply. However, equilibrium may differ in the short and long run.
In macroeconomics, there are two types of aggregate supply curves: short-run aggregate supply and long-run aggregate supply. The equilibrium may differ depending on the type of curve. When the long-run aggregate supply (LRAS) curve intersects the aggregate demand curve, long-run macroeconomic equilibrium is reached.
The economy is at full productive capacity when it is operating on its long-run aggregate supply curve. Furthermore, actual output rarely exactly matches potential output because short-run aggregate supply and aggregate demand are constantly changing.
Learn more about the long-run equilibrium with the help of the given link:
brainly.com/question/13869483
#SPJ13
How to make money online
Answer:
forest ,crypto and bit coin
Can anyone help me with this worksheet?
Answer:
Here are the answers i found on Course Hero! Hope this helps. Have a good day! :D
Julio emailed a contract to his vendor’s supply chain manager. Even though Julio sent the contract, the contract is not valid until the supply chain manager receives and executes the contract. What key principle about contracts does this scenario describe?
A. Legal capacity
B. Exchange of value
C. Legal purpose
D. Offer and acceptance
The key principle about contracts that this scenario describes is Offer and acceptance. The appropriate response is option D.
What is Offer and acceptance?The foundation of a contract is what is meant by offer and acceptance. The formation of a contract requires that one party make an offer, which another party must accept, and that the two parties subsequently exchange products and/or services.
The acceptance of an offer by the offeree marks the start of the second stage of contract formation. A person who makes an offer is known as an offeror, while a person who accepts an offer is known as an offeree.
The contract won't exist if one party makes an offer and the other party doesn't accept it. This is because a contract cannot be made unless both parties agree to it, and for that to happen, an offer must be.
To learn more about Offer and acceptance
https://brainly.com/question/29587561
#SPJ2
Choose the response that correctly states the maximum penalty the IRS can assess against a paid tax return preparer who fails to satisfy the due diligence requirements when preparing a return for an individual claiming the following tax benefits: • Head of household filing status. . Earned Income Tax Credit. . Child Tax Credit/ Additional Child Tax Credit / Other Dependent Credit. • American Opportunity Tax Credit. $2,180 per return. $1,635 per return.
A. $2,180 per return
B. $1,635 per return
C. $545 per return
D. $0, although penalties may be assessed against the taxpayer
$2,180 per return is the American Opportunity Tax Credit. $2,180 per return. $1,635 per return. Hence, option A is correct.
What is Tax Credit?The term "refundable" refers to tax credits that, if you are eligible for them and their value exceeds the tax you must pay, you will be given a refund for the difference. For instance, if your tax debt is $800 and you are eligible for a $1,000 refundable credit, you will get a $200 refund.
Any legal credit or deduction that lowers your tax obligation is a good thing. Financial experts concur that tax credits, however, are superior than tax deductions due to the amount of money they can help you save.
In general, tax credits are viewed as benefits, but unlike other social security benefits, they are computed as an annual amount and paid in installments throughout the course of the tax year (beginning on April 6 in each year).
Thus, option A is correct.
For more information about Tax Credit, click here:
https://brainly.com/question/10002263
#SPJ2
An example of a job design technique is job rotation, True or false?
Answer:
False
Explanation:
Job Rotation is an Example of Job Enlargement
Fanning Boards produces two kinds of skateboards. Selected unit data for the two boards for the last quarter follow:
Basco Boards Shimano Boards
Production costs
Direct materials $ 24.50 $ 37.00
Direct labor $ 30.50 $ 52.00
Allocated overhead $ 15.25 $ 19.00
Total units produced and sold 4,500 8,500
Total sales revenue $ 389,250 $ 1,062,500
Fanning allocates production overhead using activity-based costing. It allocates delivery expenses and sales commissions, which amount to $56,500 per quarter, to the two products equally.
Required
Compute the per-unit cost for each product.
Note: Do not round intermediate calculations round your answers to 2 decimal places.
Compute the profit for each product.
1) The per-unit cost for each product for Fanning Boards is as follows:
Basco Boards Shimano Boards
Per unit cost $76.53 $111.32
2) The profit for each product for Fanning Boards is as follows:
Basco Boards Shimano Boards
Profit per product $44,875 $116,250
What is the profit?The profit is the difference between the total sales revenue and the total cost for each product category.
What is the per-unit cost?The per unit cost is the quotient of the total costs divided by the total production and sales units for each product category.
Production costsBasco Boards Shimano Boards
Direct materials $ 24.50 $ 37.00
Direct labor $ 30.50 $ 52.00
Allocated overhead $ 15.25 $ 19.00
Total production costs per unit $70.25 $108.00
Total units produced and sold 4,500 8,500
Total delivery expenses and sales commission = $56,500
Total production costs per unit $70.25 $108.00
Total delivery costs per unit $6.28 $3.32
Total cost per unit $76.53 $111.32
Total sales revenue $ 389,250 $ 1,062,500
Total production costs $316,125 $918,000
Fixed costs: Delivery &
Sales Commission 28,250 28,250
Total costs $344,375 $946,250
Profit per product $44,875 $116,250
Learn more about profits at brainly.com/question/1078746
#SPJ1
you open an investment account that earns a nominal interest rate of 3.1% per year. the current consumer price index is 205. in one year, the consumer price index is expected to go to 203. what is your expected real rate of return?
The expected rate of return is 4.08%. The right response is option D
Which projected return rate is ideal?
For long-term stock market investments, the majority of investors would consider an average annual rate of return of 10% or above to be a decent ROI. Just remember that this is an average. There will be years with reduced returns, or even negative returns.
The anticipated value of a financial investment's return is known as the expected return. It is a measurement of the random variable's distribution's centre, which is the return. Although the term "good" is arbitrary, many professionals believe that a good ROI for stock investments is 10.5% or higher. This figure serves as the industry standard because it represents the average return of the S&P 500, an index that measures the general health of the American stock market.
to learn more about return rate, click the linkshttps://brainly.com/question/14281182
#SPJ4
Correct Question - You open an investment account that earns a nominal interest rate of 3.1% in every year. The current consumer price index is 205. In one year, the consumer price index is expected to go to 203. What is your expected real rate of return?A) 7.12%B) 3.1%C) -0.98%D) 4.08%
