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Paraphin [41]
2 years ago
6

Samuel slips on an icy spot in front of an apartment and is hospitalized for three weeks. The owner of the apartment pays Samuel

$14,000 for medical expenses and gives him $4,000 for his pain and suffering. Samuel receives his regular $1,800 salary from his employer while he couldn't work and also receives $7,000 in disability pay from a plan that he had purchased. Samuel's gross income from these payments is: a. $-0-. b. $1,800. c. $2,500. d. $5,800. e. $8,800.
Business
1 answer:
andrey2020 [161]2 years ago
8 0

Answer:

B) $1,800.

Explanation:

$14,000 in medical expenses are not part of Samuel's gross income.

$7,000 in disability payments are not included in Samuel's gross income because he paid the premiums.

$4,000 in pain and suffering compensation are not part of your gross income.

The only payments that are part of Samuel's gross income and therefore are taxed, are his regular monthly salary payments = $1,800. If Samuel's disability insurance premium had been paid by his employer, then the $7,000 would have been taxable.

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Select the four common tools managers use to analyze competitive intelligence and develop competitive advantages. a. The three g
ICE Princess25 [194]

Answer:

a. The three generic strategies

b. Value chain analysis

e. SWOT Analysis

g. The Five Forces Model

Explanation:

The four tools commonly used by managers to develop competitive advantage are; The <u>three generic strategies, value chain analysis, SWOT Analysis and The Five Forces Model.</u>

  • The three generic strategies are used to determine if the organization intends to compete from a position of <u>cost leadership</u> (offering low cost products), <u>product differentiation (</u>offering unique, high quality products<u>)</u> or <u>choosing a specific niche</u> to serve.
  • When managers use the SWOT analysis, they <u>analyse the strengths and weaknesses of their organization as well as those of competitors, and also look out for opportunities to improve, and threats to be avoided.</u>
  • Managers use the Value chain analysis, to <u>determine how to reduce cost, improve profitability and increase value for customers</u>, by monitoring the various processes involved, in production and delivery of goods, as well as after sale customer service.
  • Porter's five forces model is used by managers to <u>determine the extent and strength of competition</u> in an industry and what industry to enter or avoid. It also provides information on the bargaining power of buyers and suppliers in the market and the threat of substitute products to the organization's products.
4 0
2 years ago
Read 2 more answers
Assume that an MNC purchases a foreign building, and then leases the building to another party and allows that party to operate
Citrus2011 [14]

Answer:

The correct answer is letter "A": A foreign acquisition.

Explanation:

In corporate terms, a foreign acquisition is the purchase of a company or the division of a company. Some acquisitions are paid in cash while others are paid with a combination of cash and the acquiring company stock or even financed with debt which is called a leveraged buyout.  

Foreign acquisitions are often done by another company in a similar line of business who wishes to use the purchased business to improve its own operations.

8 0
2 years ago
Finance managers spend the majority of their time managing ____.
Juli2301 [7.4K]

Answer:

The answer would be, long-term financial needs

Explanation:

Financial managers maintain a firm’s financial health by developing long-term investment activities and financing strategies.  In order to develop these long-term investments and financing activities, financial managers conduct data analysis and offer advice to senior management on ideas that can maximize the firm’s profits. Moreover, financial managers develop direct investment activities, financial reports, and formulate plans and strategies to achieve the long-term financial goals of a company.  

8 0
2 years ago
Read 2 more answers
On May 18th, you purchased 1,000 shares of Buy Lo stock. On June 5th, you sold 200 shares of this stock for $21 a share. You sol
enot [183]

Answer:

Dividend income received = $400

Explanation:

Given:

May 18th        Purchased         1,000 shares

June 5th            Sold                 200 shares

July 8th             Sold                  400 shares

declared dividend on June 25th to holders

Dividend amount = $0.50 per share

Computation of dividend income received:

Balance of share on June 25th = May 18th (Purchase) - June 5th (Sold)

Balance of share on June 25th = 1,000 - 200

Balance of share on June 25th = 800 shares

Dividend income received = Balance of share on June 25th × Dividend amount

Dividend income received = $.50 × (1,000 share - 200 share)

Dividend income received = $400

8 0
2 years ago
Suppose a year ago the exchange rate between Mexican pesos and dollars was 13.5 pesos per dollar, and that according to relative
Greeley [361]

Answer:

Correct option is E.

<u>14 pesos per dollar</u>

Explanation:

The exchange rate between Mexican pesos and dollars was 13.5 pesos per dollar.

According to the relative Purchasing Power Parity (PPP), the exchange rate was in equilibrium. But now,

Mexican inflation = 10%

U.S inflation = 3%

Now the Mexican peso is overvalued by = 10% - 3% = 7%

So, the possible increase in exchange rate (of pesos per dollar) considered with this assertion is = Exchange rate of pesos per dollar * Inflation rate

= 13.5 * 7%

= 13.5 * 7/100

= 0.945

The possible in exchange rate = Previous Exchange rate + Increase in exchange rate

= 13.5 + 0.945

= 14.445

= 14.4 (rounding off)

=14

7 0
2 years ago
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