Emerson, inc, reported that it owns and operates 265 companies worldwide with 23% of its sales coming from europe, 18% from asia, 46% from the United States and 13% from the other parts of the world. Clearly, emerson exemplifies multinational corporation.
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:
Option "A" is the correct answer to the following statement.
Explanation:
Business Entity Assumption state that businessman and business are a different entity.
Under the Business Entity Assumption, Personal assets and Company assets are always different, Personal assets will never show in the Company's balance sheet.
In the case of Michel McNamee his bank account and personal home in not recorded in the company's book.
Answer: The sale price to the nearest dollar was $61,202
We arrive at the answer as follows:
The term 'netted' refers to the seller's profits after deducting costs and commissions.
Hence we need to add back these amounts to arrive at the sale price.
Net Proceeds $55,000
<u>Add: Costs $1,000 </u>
Total $56,000
The commission is 8.5%; however commissions are quoted as a percentage of sales price.
Expressed in other words, if the sale price was 100, commissions were 8.5. That would mean that the total above would be the equivalent of 
From this we can arrive at the sale price as follows:


Answer:
Direct marketing and interactive marketing.
Explanation:
In a case of direct marketing here, they do research, identify customers, select media (TV, direct mail, internet), and create a campaign. But rather than guess whether the message worked, they track the consumer's response. How many people (and of what age, ethnic group, income level) called the number in the catalog, clicked the button on the website, or went to the store for their gift with purchase. This is because direct marketers can measure the results, they can make the next campaign even better.
While in the other hand, interactive marketing explained to be the fastest growing form of marketing where sellers do chats and explanations that comes off as convincing approach of their products to their buyers, this could be physically or online.