Answer:
a. $58,000
b. $6,752
c. $9,000
Explanation:
a. The computation of taxable income is shown below:-
Taxable income = Salary - Short term capital loss + Cash Prize - Greater of Standard or itemized deduction for year 2018 (assumed)
= $80,000 - $2,000 + $4,000 - $24,000
= $58,000
b. The computation of tax liability is shown below:-
Tax liability (Surviving spouse) = ($1,940) + ($58,000 - $19,400) × 12%
= $1,940 + $38,600 × 12%
= $1,940 + $4,632
= $6,572
c. The calculation of Charlotte's child and dependent tax credit is given below:-
= ($2,000 × 4) + ($500 × 2)
= $8,000 + $1,000
= $9,000
Answer:
The correct options are;
Photos taken by a student in his blog
An illustration sold by an artist on her website
An excerpt from a novel published in 1913
Explanation:
With the copyright law the holder of a copyrighted material has the exclusive authority to grant permission to others to create from, copy, distribute, or display in public, the copyrighted material.
A copyright is said to have expired and to be in public domain (with automatic permission to use) when it has been up to 120 years since it was created. Government created material are not covered by the copyright law and can be used
Copyright material can only be used without the express permission of the copyright owner when it is covered by the TEACH Act of the usage must be taken as "fair use"
Therefore,
1) photos taken by a student in his blog
2) An illustration sold by an artist on her website
3) An excerpt from a novel published in 1913 are copyrighted online materials.
Answer:
Option (c) is correct.
Explanation:
Given that,
Sales = $ 2,000.00
Costs = 1,400.00
Depreciation = 250.00
EBIT = $ 350.00
Interest expense = 70.00
EBT = $280.00
Taxes (25%) = 112.00
Net income = $168.00
Net operating profit after taxes (NOPAT):
= EBIT × (1 - tax rate)
= $350 × (1 - 25%)
= $350 × 0.75
= $262.50
Therefore, the net operating profit after taxes (NOPAT) is $262.5.
Answer:
The correct option is D. integrated cost leadership/differentiation
Explanation:
Integrated cost leadership/differentiation is a business level strategy where differentiated products are offered in market at low cost.
Differentiated product signifies the unique characteristics the customer values and cost leadership signifies that the product is offered at the lower-cost, i.e., at a margin just above average costs.
It is useful in gaining wide customer base especially in a global frontier.
The given scenario clearly illustrates Negative leniency
.
Option C
<u>Explanation:
</u>
The performance appraisal is a routine analysis of the results of an individual and of a company's total commitment. A performance appraisal, also defined as an «yearly review», "performance review," or "individual appraisal," assesses the ability, success and progress of an employee or its lack of it.
The manager who is neither tough nor easy with rating employees is committed to negative and positive leniency misconceptions. In the performance evaluation process, the employee's unjustified expectations for increases, promotions or tough jobs can be increased by positive leniency.
The worker may be sick of hitting the head against a wall with excessive slowness or toughness/strictness because the manager can not be pleased despite how hard the person tries.
