Business, 23.01.2020 18:31 Legojackson78
Burger store is located near many large office buildings, so at lunch it is extremely busy. burger store management previously permitted lunchtime employees a half-hour off-premises lunch break. however, employees could not easily return in a timely manner. thus, a new policy was instituted to allow employees a 20-minute break for free lunch (only on the burger store premises). the company's accountant believes that the cost of these meals must be allocated to employees as additional compensation because the meals do not qualify as a nontaxable fringe benefit for employee discounts.
1. should the cost of these meals be taxable or tax-free to employees?
Answers: 2
Business, 21.06.2019 16:20
Kinkead inc. forecasts that its free cash flow in the coming year, i.e., at t = 1, will be −$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?
Answers: 2
Business, 21.06.2019 16:50
Carver company produces a product which sells for $30. variable manufacturing costs are $15 per unit. fixed manufacturing costs are $5 per unit based on the current level of activity, and fixed selling and administrative costs are $4 per unit. a selling commission of 10% of the selling price is paid on each unit sold. the contribution margin per unit is:
Answers: 2
Business, 21.06.2019 20:30
technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f
Answers: 1
Business, 22.06.2019 01:00
How does the economy of cuba differ from the economy of north korea? in north korea, the government’s control of the economy has begun to loosen. in cuba, the government maintains a tight hold over the economy. in cuba, the government’s control of the economy has begun to loosen. in north korea, the government maintains a tight hold over the economy. in north korea, there is economic uncertainty in exchange for individual choice. in cuba, there is economic security in exchange for government control. in cuba, there is economic uncertainty in exchange for individual choice. in north korea, there is economic security in exchange for government control.\
Answers: 2
Burger store is located near many large office buildings, so at lunch it is extremely busy. burger s...
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