An employee can exclude from gross income the value of meals provided by his or her employer whenever: a.The meals are provided for the convenience of the employee. b.The meal is not extravagant. c.There are no places to eat near the work location. d.The meals are provided on the employer's premises for the employer's convenience. e.None of these choices are correct.

Answers

Answer 1

Answer:

am not a business student but I think d is the answer


Related Questions

If you invest 50 percent of your funds in a stock with beta=1.5, 30 percent in a stock with beta=0.9 and 20 percent in a stock with beta=0.3, your portfolio beta will be

Answers

Answer:

1.08

Explanation:

The computation of the portfolio beta is shown below:

Portfolio beta is

= Invested stock percentage × beta of the stock +  Invested stock percentage × beta of the stock +  Invested stock percentage × beta of the stock

= 0.50 × 1.50 + 0.30 × 0.90 + 0.20 × 0.30

= 1.08

We simply applied the above formula so that the portfolio beta could come and the same is to be considered

Jose and Jan have inherited $200,000 from their parents. They are glad that their money in this financial institution is insured by the FDIC. They know that they have physical access to their financial institution when they travel since it is many states all over the nation. What financial institution have they chosen

Answers

Answer: Bank

Explanation:

From the question, we are told that Jose and Jan have inherited $200,000 from their parents and that they are happy that their money in this financial institution is insured by the FDIC and they have physical access to their financial institution when they travel since it is many states all over the nation.

Based on this explanation, they have chosen a bank. A bank is a financial institution that collects deposit from the public, make loans, keep valuables etc. Banks also provide functions such as currency exchange, and wealth management.

1 , what are the agent of socialization

Answers

Answer:

Agents of socialization, or institutions that can impress social norms upon an individual, include the family, religion, peer groups, economic systems, legal systems, penal systems, language, and the media.

Explanation:

In comparing the canceled checks on the bank statement with the entries in the accounting records, it is found that check number 2889 for December's utilities was correctly written and drawn for $270 but was erroneously entered in the accounting records as $702. The journal entry to adjust the books for the bank reconciliation would include which of the following for this situation?
A. Add 3,600 to the book balance of cash.
B. Add $3,700 to the bank statement balance.
C. Add $7,390 to the book balance of cash.
D. Deduct $3,600 from the book balance of cash.

Answers

Answer:

$432 Added in the balance of cash book

Explanation:

Given:

Amount of check = $270

Accounting record = $702

Find:

Correction.

Computation:

Added in the balance of cash book = Accounting record - Amount of check

Added in the balance of cash book = $702 - $270

Added in the balance of cash book = $432

Robert wants to start an independent recording studio. In order to finance his start-up, Robert seeks help from Esther, a successful business magnate. Esther agrees to fund Robert's venture as long as she receives a 20% share of the profits made by Robert. In the given scenario, Robert receives the financial resources to start his business:

Answers

Answer:

from an angel investor

Explanation:

Based on this information it can be said that Robert receives the financial resources to start his business from an angel investor. An angel investor is an individual that has a large amount of money and decides to provide financial backing to a specific small startup business or entrepreneur in order for them to get their vision up and running, in exchange for a percentage of the company. In this specific scenario the Angel Investor was Esther, who supplied Robert with the resources necessary in exchange for a 20% cut of the business.

A customer, age 69, has never invested in securities. She is retired with no dependents, living on a fixed pension of $35,000 per year. She has a savings account with $160,000 and her home is fully paid. She desires to supplement her retirement income, assuming minimal risk. The BEST recommendation would be for the customer to invest $100,000 of her cash savings into a(n):

Answers

Answer:

5000

Explanation:

Took the test

An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the property for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable

Answers

yes the answer is 500,000 dollrs

A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?

Answers

Answer:

Explanation:A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At

what rate would you be indifferent between accepting the project and rejecting it?

Out of the choices provided above, it can be concluded to state that the rate of 15.40 percent will be indifferent for accepting the project that provides annual cash flows of $12,600 for 12 years, and costs $67,150 today. Therefore, the option A holds true.

What is the significance of annual cash flows?

Annual cash flows can be referred to or considered as the amount of cash generated as a form of positive return by an activity of monetary engagement. If the returns are higher than equilibrium, a project should be accepted, and rejected if the returns are lower than the equilibrium.

For the above condition, when a project earns a return of 15.40 percent, the costs are equal to the revenues generated by the firm, and thus, it is a point of equilibrium at which it becomes completely indifferent for a firm to accept or reject the project.

Therefore, the option A holds true and states regarding the significance of annual cash flows.

Learn more about annual cash flows here:

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The missing question has been added below.

A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?

15.40 percent

14.50 percent

12.45 percent

None of these

Background information: On January 1, 2015, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine was expected to produce a total of 60,000 units in during its life. The machine actually produced 16,000 units during 2015, 23,000 units during 2016, and 21,000 units during 2017. The machinery has a salvage value of $3,000. EventActivity Type Using the units-of-production method, the amount of depreciation that should be recorded during 2015 is approximately ____. select Using the units-of-production method, the book value of the machinery at December 31, 2016 is approximately _____.

Answers

Answer:

The book value will be "13,500". The further explanation is given below.

Explanation:

The given values are:

Total acquisition cost,

=  $33,000

Expected,

=  60,000

Depreciation expense per unit  will be:

=  [tex]\frac{33000-3000}{60000}[/tex]

=  [tex]0.50 \ per \ unit[/tex]

For 2015,

Depreciation expense will be:

=  [tex]16000\times 0.50[/tex]

=  [tex]8000[/tex]

For 2016,

Depreciation expense will be:

=  [tex]23000\times 0.50[/tex]

=  [tex]11500[/tex]

Now,

⇒  [tex]Book \ value = Cost - Accumulated \ Depreciation[/tex]

⇒                     [tex]=33000 - (8000+11500)[/tex]

⇒                     [tex]=13500[/tex]

Flying High Manufacturing produces frisbees using a threeminusstep sequential process that includes​ molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process to the coloring​ process, which account is​ debited?

Answers

Answer and Explanation:

The journal entry is shown below:

WIP inventory - Coloring Dr XXXXX

         To WIP inventory - molding XXXXX

(Being the transferring from the molding process to the coloring​ process is recorded)

For recording this we debited the WIP inventory of Coloring as it increased the assets and credited the WIP inventory of Molding as it decreased the assets

The way that Nederlander's Audience Rewards program works is that patrons and new customers get free membership and are entered into the ticketing system. When they buy tickets, they collect points and are able to redeem them for free or discounted tickets and other rewards. Which of the following consumer sales promotion methods is the program based on?
A. Consumer games
B. Frequent-user incentives
C. Coupons
D. Cents-off offers

Answers

Answer:

B. Frequent-user incentives

Explanation:

Consumer sales promotion refers to the techniques that are adopted by the marketing team of the company to fascinate and excite the customers to buy the products. Customer incentive programs are one of the methods of sales promotion. In this method, the customers are provided with additional benefits via redeeming the points they collect when they purchase the products. This method also helps in maintaining customers by offering such incentives to them.

In the given excerpt, Nederlander's audience rewards program is an example of a frequent-user incentive method of consumer sales promotion.

When JFCs consider incorporating combinations of contiguous and noncontiguous AOs with linear and nonlinear operations, they choose the combination that fits the operational environment and the purpose of the operation. Which of the following combinations describe a typical sustained offensive and defensive operation against powerful, echeloned, and symmetrically organized forces and where the forward line of own troops focus combat power and protect sustainment functions?
1. Nonlinear operations in noncontiguous AOs
2. Nonlinear operations in contiguous AOs
3. Linear operations in contiguous
4. AOs linear operations in noncontiguous AOs

Answers

Answer:

The correct answer is C)

Linear operations in contiguous AOs.

Explanation:

JFC stands for Joint Forces Command.

AO in United States Army nomenclature means Area of Operations.

Linear Operations is a military terminology which refers to the execution of operations using their own troops engaged in combat in a forward fashion. Linear operations military tactics allow commanders to channel and maintain combat power toward enemy forces along with adjacent units. Another word for adjacent units is Adjacent Operations.

Cheers!

An important distinction between the classical and Keynesian view of the economy is that Select one: a. Keynes stressed the supply side of an economy while classical economists stressed the demand side of the economy. b. classical economists argued that output gaps were caused by shifts in the long-run aggregate supply while Keynes’ maintained that output gaps were created by shifts in aggregate demand. c. Keynes stressed the demand side of an economy while classical economists stressed the supply side of the economy. d. classical economists argued that output gaps were caused by shifts in the long-run aggregate supply while Keynes’ maintained that output gaps were created by wage and price rigidities

Answers

Answer:

C. Keynes stressed the demand side of an economy while classical economists stressed the supply side of the economy.

Explanation:

The significant distinction between the classical and Keynesian view of the economy is that Keynes lays emphasis on the demand side of the economy while classical economists focus more on demand-oriented evaluation and correction of imbalances in the economy.

Classical theorists assert that 'supply has the ability to produce its own demand.' It says that 'the production will generate sufficient income to purchase all the output produced in the economy' while Keynes claims that demand is the key driving force that drives the economy. Thus, the former relied on monetary policy while the latter on fiscal policy.

The U. S. national debt:______________.
a. will be paid off when the budget is finally balanced.
b. is paid off each fiscal year when the debt is refinanced.
c. will never be paid off in any given year, but it will be entirely paid off when it is refinanced over a number of years.
d. equals the dollar amount of outstanding U.S. Treasury bonds

Answers

Answer:

d. equals the dollar amount of outstanding U.S. Treasury bonds

Explanation:

The National debt is entirely represented by the total dollar amount of outstanding U.S. Treasury bonds, both those bonds that are held by the public (private citizens), or by other governments.

Currently, the U.S. National Debt is over 24 million, and the amount of debt that can be issued in the form of U.S. Treasury bonds is limited by the national debt ceiling.

Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth?

Answers

Answer:

Import= 17,040,000 ; Export=22,550,000

Explanation:

As we know that

Balance of trade = export - import

Let us assume that export be E

And, the import be I

So,  

Balance of trade =  E - I

$5,510,000 =  E - I

E =  5,510,000 + I

Now if we place the equation into the export or import tariffs so it would be

0.13 ×  I + 0.08 × E = $4,019,200

0.13 × I + 0.08 × ($5,510,000 + I) = $4,019,200

0.13I + 0.08I + $440,800 =  $4,019,200

0.21I =  $4,019,200 - $44,000

0.21I = $3,578,400

I = 17,040,000

So,

The export is

E = $5,510,000 + I

E = $5,510,000 + $17,040,000

E = $22,550,000

Answer:

B

Explanation:

I am 48 years, 48 weeks, 48 days and 48 hours old. How old am I?

Answers

48 x 7 (a week has 7 days) =336
336-48= 288
288-48-48=192

Answer:

53

Explanation:

Agent John is planning to conduct a series of events. Some will be strictly educational, others will be formal presentations of specific UnitedHealthcare plans, and others will be informal marketing events where he can generate leads and schedule future in-home marketing appointments. Of the three types of events John plans to conduct, which need to be reported to UnitedHealthcare?

Answers

Answer:

informal marketing events where he can generate leads and schedule future in-home marketing appointments

Explanation:

Agents working with UnitedHealthcare, conduct different types of activities which range from, educational events, formal presentations, and informal marketing events. Informal marketing events are expected to be reported to UnitedHealthcare. These events can be reported using the bconnected and the event request forms. These reports may begin with an introductory presentation. In such cases, the event type is recorded as, 'Resource Center'.

Also, educational content could be presented along with the informal sales event. It begins with a short introduction, followed by the actual facilitation of the event using a kiosk, booth, or table. All the rules which guide the conduction of these events should be adhered to strictly by the agent.

Agent John will need to report the plans to the United Healthcare which are of the informal nature. So John will have to report the informal events where he can generate leads.

John will also be able to schedule in-house marketing appointments in the future, if any as he will also have a financial interest in such kind of informal events.

Agent John has planned to host a series of events of which the informal nature events will help Agent John to report such plans to the United Healthcare.

These events will strictly need to be reported as John will develop leads and will be making some in-house marketing appointments in the future having monetary purpose.

So, to let the United Healthcare know about such monetary purpose, they will be eligible to be checked and verified and produced when demanded by Agent John in order to comply with laws.

Hence, Agent John will have to report the informal events where he will generate leads to the United Healthcare to comply with regulations.

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The insurer must be able to rely on the statements in the application, and the insured must be able to rely on the insurer to pay valid claims. In the forming of an insurance contract, this is referred to as

Answers

Answer:

utmost good faith

Explanation:

The utmost good faith refers to the principle in which both the parties are acted honestly i.e it disclosed all the information related to the insurance and does not misguide anything to gain a benefit in term of profit

Therefore in the given case, there is a contract made between the two parties where they trust each other and hope that they treated each one in a honest manner

So this situation represent the utmost good faith

What are the 3 Building Blocks of Debt

Answers

Answer: Earning, saving, and spending

Explanation:

Answer:

The three building blocks of debt are:

EarningSpendingSaving

2 Points
Which of the following is a restriction on both workers and producers that
keeps the labor market from being a completely free market?
A. Workers' reluctance to move.
B. The minimum wage.
C. Unemployment insurance.
w
D. The reserve wage.
SUBMIT

Answers

Answer:

The minimum wage

Explanation:

Synergistic benefits can arise from a number of different sources, including operating economies of scale, financial economies, and increased managerial efficiency.
a) True
b) False

Answers

Answer:

A. True.

Explanation: Synergistic Benefits is a term used to describe and show that the combined performance and worth of a combined entity or two Businesses will be greater than the sum of the individual Business worth/value or performance.

It helps to ensure that Organisations work in synergy or combined efforts towards achieving excellence.

Riku Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 68 $ 94 Variable cost per unit (38 ) (44 ) Contribution margin per unit $ 30 $ 50 Riku expects to incur annual fixed costs of $540,000. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Riku must sell to break even. How many units each of Super and Supreme must Riku sell to break even?

Answers

Answer:

Super= 10,500

Supreme= 4,500

Explanation:

Giving the following information:

Spuer:

Contribution margin= $30

Sales proportion= 0.70

Supreme:

Contribution margin= $50

Sales proportion= 0.30

Fixed costs= $540,000

First, we need to calculate the break-even point in units for the whole company:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 540,000 / (0.7*30 + 0.3*50)

Break-even point (units)= 15,000 units

Now, for each product:

Super= 15,000*0.7= 10,500

Supreme= 15,000*0.3= 4,500

Whirlpool Corporation has an agreement with IBM for the HR outsourcer to handle Whirlpool's workforce administration, compensation, recruitment, training, and performance reporting. This type of outsourcing is known as ________.

Answers

Answer: business process outsourcing

Explanation:

From the question, we are informed that Whirlpool Corporation has an agreement with IBM for the HR outsourcer to handle Whirlpool's workforce administration, compensation, recruitment, training, and performance reporting.

This is an example of business process outsourcing. It simply means when some operations that are related to a business are contracted out to

third-party provider. Such services can include human resources, payroll, customer care center etc.

Darrell works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development time is provided on the job for those ideas that float to the top. Employees who use their creative talents to generate ideas and create products within large companies are called

Answers

Answer:

intrapreneurs

Explanation:

Intrapreneurs are people that work in a big company developing new ideas using the resources of the organization to improve its performance and results. According to this, the answer is that employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs because they work in a company developing ideas to generate positive results for it.

Amy and Jack were loyal customers of GreenFoods, a local grocery store. However, after a couple of incidents where they had to return products that were stale and out of date, the couple decided to try out VeggiesNmore, a chain store that recently opened in town. Both Amy and Jack must move through each stage in the marketing funnel before becoming loyal customers.
Jack has shopped at VeggiesNmore. He was happy with the experience and thought that this could be an alternative to GreenFoods. However, he is also keen to try out other stores in the neighborhood. He is in the ________ stage of the marketing funnel as far as shopping at VeggiesNmore is concerned.
a. aware
b. open to trial
c. most often used
d. nonrejecter
e. regular user

Answers

Answer: B) Open to Trial

Explanation:

which bear is best? Beets. Bears. Battlestar galactica.

Answers

Answer:

black bear

Explanation:

I've watched the office 10 times

Answer:

N/A

Explanation:

That's a ridiculous question.

Wavetel, a hardware company based in Europe, acquires Telior, its competitor in a neighboring country. Identify the market-entry strategy that best describes Wavetel's move. Joint venture Direct foreign investment Franchising Indirect exporting

Answers

Answer:

Direct foreign investment.

Explanation:

 A foreign direct investment commonly used by abbreviation  FDI refers to a cross border investment in a business venture by a firm or individual of the country. In a broad sense, FDI occurs when a stockholder establishes overseas business activities or possesses foreign stock holdings in a foreign firm. FDI is a crucial component of global economic development since it establishes secure and long term trade linkages. FDI is an essential factor for the transfer of technology and infrastructure development and between different nations of the world. As per the question, Wavetel acquires a business firm in a neighboring country and it is a classic example of FDI.

Corporate bond A has a 6 percent coupon and matures in 3 years. Corporate bond B has a 6 percent coupon and matures in 15 years. The current interest rate is 6 percent. By how much will Bond A and Bond B change in price if the market rate increases to 6.5 percent

Answers

Answer:

New price of bond A = $986.76, this means that the price decreased by $13.24 or 1.32%.

New price of bond B = $952.99, this means that the price decreased by $47.01 or 4.7%.

Explanation:

Since the current market interest is 6%, then both coupons A and B are sold at face value. If the market interest increases to 6.5%, then

New price of bond A:

PV of face value = $1,000 / (1 + 6.5%)³ = $827.85

PV of coupon payments = $60 x 2.64848 (PV annuity factor, 6.5%, 3 periods) = $158.91

New price of bond A = $986.76, this means that the price decreased by $13.24 or 1.32%.

New price of bond B:

PV of face value = $1,000 / (1 + 6.5%)¹⁵ = $388.83

PV of coupon payments = $60 x 9.40267 (PV annuity factor, 6.5%, 3 periods) = $564.16

New price of bond B = $952.99, this means that the price decreased by $47.01 or 4.7%.

What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the industrial market tend to make independent purchase decisions. Derived demand accelerates changes in markets. Small, noncyclical swings in supply are inherent in industrial markets. The ratio of input to output is high for industrial goods. The demand for industrial goods is inelastic.

Answers

Answer:

Derived demand accelerates changes in markets.

Explanation:

Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.

In another word Derived demand occured in a situation where the demand for one good or service happens because of the want for another good or service Example is increase in the need for Shoes material or equipment because of the increase in the need for Shoes

because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.

Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"

The supply chain network is designed to maximize total profits, taking into account the expected margin and demand in each market, various logistics and facility costs, and the taxes and tariffs at each location. True or False

Answers

Explanation:

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