The fraud case of Rafael Olvera involves various business dimensions that have been affected by his fraudulent activities.
The fraud case of Rafael Olvera impacts several business dimensions, including financial, operational, reputational, and legal aspects.
Financial dimension: The fraudulent activities of Rafael Olvera likely involve misappropriation of funds, embezzlement, or manipulation of financial records. This can lead to significant financial losses for the company, affecting its profitability, cash flow, and overall financial health.
Operational dimension: Fraudulent actions can disrupt normal business operations and processes. For example, if Olvera manipulated inventory records or engaged in fraudulent procurement practices, it could result in inventory discrepancies, supply chain disruptions, and inefficiencies in operations.
Reputational dimension: The fraud case tarnishes the company's reputation and erodes the trust of stakeholders, including customers, investors, and business partners. Negative publicity and loss of credibility can have long-term consequences, affecting customer loyalty, investor confidence, and future business opportunities.
Legal dimension: Fraudulent activities are illegal and can result in legal repercussions for the individual involved as well as the company. Legal actions may include criminal charges, civil lawsuits, fines, and regulatory penalties. The company may also incur additional costs associated with investigations, legal defense, and compliance efforts. Considering these business dimensions is crucial for addressing the impact of the fraud case, implementing necessary corrective actions, mitigating losses, and rebuilding trust with stakeholders.
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Which of the following is a sign of a strong economy?
Answer: Here are a few signs:
Explanation: There is much to sell and the buissness is booming. The country/state/area is able to get the food and water and etc for their country and have a lot of money.
ERD
Following on your job in modelling the employee assignments from
the previous practical, you’ve now obtained the following business
rules
One Employee supervises Many Employees, and possibly no
Based on the given business rules, the relationship between employees can be summarized as "One Employee supervises Many Employees, and possibly no Employee."
The business rule indicates that there is a supervisory relationship between employees, where one employee can supervise multiple other employees. This suggests a hierarchical structure within the organization, where certain employees hold supervisory roles. However, it also states that there may be instances where an employee does not supervise any other employees. This implies that not all employees necessarily have a supervisory role, and some may function independently without direct subordinates. This understanding of the business rules helps in designing an Entity-Relationship Diagram (ERD) that represents the relationships and associations between employees and their supervisory roles within the organization.
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Which 3 statements are true regarding product categories?a) a product category can be assigned through bank feeds.b) a transaction can be posted to a product category.c) the products and services list can be filtered by product category.d) an existing category or adding a new product category can be specified when adding a product/service item.e) entering the name of a product category in a purchase or sales transaction will produce a drop-down list of products/services that are in that category.
The following three statements are true regarding product categories: b) A transaction can be posted to a product category. c) The products and services list can be filtered by product category. d) An existing category or adding a new product category can be specified when adding a product/service item.
Product categories are a way to group similar products or services for reporting and tracking purposes. By assigning products to categories, businesses can easily filter their products and services list by category, making it easier to find specific items.
Transactions, such as purchases and sales, can be assigned to a specific product category. This allows businesses to track their revenue and expenses by category, providing valuable insights into which product categories are the most profitable.
When adding a new product or service item, businesses can specify the category to which it belongs or create a new category if necessary. This helps to ensure that all products and services are properly categorized and accounted for.
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to save money, taylor decided not to go to a concert where her favorite musician was performing. what was the opportunity cost of that decision?
Option d. having fun at the concert. Having fun at the concert was the opportunity cost of that decision took by Taylor.
Opportunity cost is generally defined as the next best option. Also called replacement cost, it is the loss of profit that could have been incurred if another option had been chosen. This can also be explained as a loss of utility due to change of choice.
Opportunity cost is an economic concept that arises from realistic assumptions of resource scarcity. Due to the limited amount of resources, the number of production options is also limited. The production capacity is limited, so in order to produce a certain combination of goods, you must forget to produce another combination of goods. This can be called an opportunity cost.
Opportunity cost is a concept commonly used by project promoters and economic analysts to conduct feasibility studies and make policy decisions.
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Complete question:
To save money, Taylor decided not to go to a concert where her favorite musician was performing. what was the opportunity cost of that decision?
a. having time to study
b. spending time at home
c. having extra money
d. having fun at the concert
You suspect that an unscrupulous employee at a casino has tampered with a die; that is, he is using a loaded die. In order to test this claim, you roll the die 300 times and obtain the following frequencies: (You may find it useful to reference the appropriate table: chi: square table or Ftable) a. Choose the appropriate alternative hypothesis to test if the population proportions differ. All population proportions differ from 1/6. Not all population proportions are equal to 1/6. b. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) c. Find the p-value. 0.025≤p-value <0.05
0.01≤p-value <0.025
p-value <0.01
p-value ≥0.10
0.05≤-value <0.10
b. Calculate the value of the test statistic. (Round intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.) c. Find the p-value. 0.025≤ p-value <0.05
0.01≤p-value <0.025
p-value <0.01
p-value ≥0.10
0.05≤p-value <0.10
d. At the 10% significance level, can you conclude that the die is loaded? No. since the p-value is more than significance level. Yes. since the p-value is more than significance level. No. since the p-value is less than significance level. Yes. since the p.value is less than significance level.
a. The appropriate alternative hypothesis to test if the population proportions differ is: not all population proportions are equal to 1/6.The null hypothesis is that all six sides of the die are equally likely to come up, or in other words, the population proportions are all equal to 1/6.
The alternative hypothesis, on the other hand, is that not all population proportions are equal to 1/6. If any one side of the die is more or less likely to come up than the others, this would support the alternative hypothesis.
b. We need to calculate the value of the test statistic. Here's how to do that:
We can use a chi-squared distribution with five degrees of freedom to test the null hypothesis against the alternative hypothesis. The expected frequencies can be calculated by multiplying the total number of rolls by the theoretical probability of each side. Thus, the expected frequencies are:
E1 = n * 1/6 = 50
E2 = n * 1/6 = 50
E3 = n * 1/6 = 50
E4 = n * 1/6 = 50
E5 = n * 1/6 = 50
E6 = n * 1/6 = 50
Plugging in the observed and expected frequencies, we get:
chi^2 = (47 - 50)^2/50 + (54 - 50)^2/50 + (42 - 50)^2/50 + (51 - 50)^2/50 + (49 - 50)^2/50 + (57 - 50)^2/50
= 1.44
The value of the test statistic is 1.44.
c. We need to find the p-value. The p-value is the probability of observing a test statistic at least as extreme as the one we calculated, assuming the null hypothesis is true. We can use a chi-squared distribution with five degrees of freedom to find the p-value. The p-value is the area to the right of the test statistic in the chi-squared distribution. Using a chi-squared distribution table, we find that the p-value is between 0.025 and 0.05.
Therefore,0.025 ≤ p-value < 0.05.d. At the 10% significance level, we can conclude that the die is not loaded. Since the p-value is greater than the significance level, we fail to reject the null hypothesis. Therefore, we have insufficient evidence to conclude that the die is loaded. Answer: No, since the p-value is more than the significance level.
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i have to write a presentation on why the government needs to do more to improve public schools. can anyone help with a few reasons?
Governments can support other schools by providing food, shoes for school, after-school tutoring, and encouragement for students to pursue their education and future goals.
What justifies government involvement in education?The system's contradictions would be fixed if the federal government got involved. Every region, district, and legislature could establish its own standards for curriculum development if the states in the United States were in charge of establishing their own educational standards.
Since there are more than 50 different ways to gauge success, it is impossible to draw a precise picture of how the nation's educational system is performing at the national level. A single standard would make it easier for educators, leaders, parents, and students to understand where they stand in relation to others across the nation.
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during macie's presentation, the manager of another department asked her for some statistics she did not have on hand. she promised to get it to him, looked up the statistics the next morning, and emailed them to him right away. which aspects of credibility were enhanced by macie's action?
Macie's deed improved credibility in the areas of caring and character, it can be said that it enhanced the credibility.
The study and manipulation of data is the simplest definition of statistics. The study of data gathering, analysis, interpretation, presentation, and organization is known as statistics. In other words, gathering and summarizing data is a mathematical discipline. Additionally, statistics might be considered a subfield of applied mathematics. However, uncertainty and variation are two crucial and fundamental concepts in statistics. Only statistical analysis can determine the uncertainty and variation in many sectors. The probability, which is a key concept in statistics, essentially determines these uncertainties.
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Glenda lives in ohio, which has a sales tax of 5. 5%. She just bought a grill whose full price was $220, but she got 40% off, because the store was having a sale. What was the total amount that glenda paid?.
The grill is originally $220 dollars and she gets a discount of 40% so you need to find out what 40% of $220 is, it's 88. Now you subtract the 88 from 220, 220-88=132. Next you have to figure out the tax part 5.5% of 132 is 7.26.
What was the total amount that Glenda paid?.In this question, we are required to find the total amount he paid to buy the shirt.
It is given that sales tax is 5.5 % over the amount paid.
The cost price of the shirt = $ 24.
The total amount will be = Cost price + 5.5 % of Cost price
Or
Total amount paid = $ 24 × 1.055 (i.e. 100 % + 5.5 %)
Total amount = $ 24 + (5.5 % × $ 24)
Total amount paid = $ 24 + $ 1.32 = $ 25.32
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Answer:139.26
Explanation: 220 x 40%=88
220-88=132
132 x 5.5%=7.26
132 + 7.26 =139.26
What Do Banks Do With Their Deposits?
Answer: When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).
Explanation: I think
management can best be defined as . a. people working together to achieve a set of goals b. the set of processes used to get members of the organization to work together c. achieving organizational goals in an efficient and effective manner d. making the right decisions and successfully implementing them e. the ability to be reliable and complete all tasks in a timely manner
Our definition of management is a method for achieving organisational objectives. A process is a collection of ongoing, connected operations.
Who provided the most accurate management definition?
"Management is a multifunctional organ that oversees work, business, managers, and employees." Peter F. Drucker provided this definition of management in The Practice of Management. The process of achieving organisational goals while utilising both human and non-human resources to continuously increase the value delivered to society is referred to as management. Management as a practise or talent: the act of directing or controlling something (such as a business) New owners managed the company better, using sensible ways to achieve their goals.
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SKATEBOARDERS. WHAT ARE SOME DISADVANTAGES AND ADVANTAGES OF YOUR SKATEBOARD?
What would you change if you could. Just wondering
Answer:
uh how i fall off sometimes disadvandage and it going right for me advandage
Explanation:
Match each concept in Column A with an example in Column B. Column A Column B a. Substitute goods 1. Price and quantity along the supply curve b. A nonprice determinant of demand 2. Tea and coffee c. A nonprice determinant of supply 3. A change in technology d. Mark-up pricing 4. Hunger e. Positive relationship 5. Shoes and shoelaces f. Negative relationship 6. Consumer income g. Inadequacy 7. Price and quantity along the demand curve 24 h. Complementary goods 8. Setting price equal to cost plus 20 percent
Answer:
a. Substitute goods - Tea and coffee
b. A nonprice determinant of demand - Consumer income
C. A nonprice determinant of supply - A change in technology
D. Mark-up pricing - Setting price equal to cost plus 20 percent
E. Positive relationship - Price and quantity along the supply curve
F. Negative relationship - Price and quantity along the demand curve
G. Inadequacy - Hunger
H Complementary goods - Shoes and shoelaces
Explanation:
Substitute goods are goods that can be used in place of another good.
if the price of a good increases, the demand for the substitute increases and if the price of the good reduces, the demand for the substitute increases.
Complementary goods are goods that are consumed together
The demand curve is a curve that shows the relationship between price and quantity demanded. The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.
Only a change in the price of a good leads to a movement along the demand curve of that good. Also, only a change in the price of the good would lead to an increase or decrease in the quantity demanded of that good.
Other factors other than the change in the price of the good would lead to a shift of the demand curve. Some of those factors include :
1. a change in consumers' expectation
2. a change in the taste of consumers
3. a change in income
There is a positive relationship between price and the quantity supplied. This accounts for why the supply curve is positively sloped.
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
4. Technological changes
Differentiate wealth-creating venture from income-generating venture.
Answer:
Explanation:
A wealth creating venture is expected to produce a return over a longer time span. Let’s say that the venture is expected to lose money for 5 years and then generate significant returns in year six. Over a ten year span, it might be very profitable. But if you are expecting to live off the proceeds starting on day one then you have a problem.
An income generating venture is expected to become cash-flow positive much sooner. A self-funding entrepreneur is likely to desire an income generating venture unless they are very wealthy. A venture backed business allows for a longer timeframe to accrue value.
You live in Atlanta, GA and work for a company that has multiple locations
nationwide. The owner of the company tells you on a Friday that you need to
compile and present some information to the San Francisco, CA office on Monday.What would be the most economical and responsible thing for you to do?
(A)Hop on a plane Friday night and fly to San Francisco so you can have time to
explore the city and share the information with their office on Monday morning.
(B)Create an online presentation that can be shared with the members of the SanFrancisco office and present your finding to them remotely.
(C)Collaborate with your peers in the Atlanta office all weekend, and then take the
red eye
flight to San Francisco on Sunday night in order to be there to present your
findings on Mondayimorning.
(D)Share the Excel spreadsheet with the team leader in San Francisco and tell him
to make the presentation for you
Answer:
(B)Create an online presentation that can be shared with the members of the San Francisco office and present your finding to them remotely.
Explanation:
Preparing an online presentation for the meeting is the sensible thing to do in this situation due to the following reasons.
It is cost-effective: Traveling from Atlanta to San Francisco will involve the use of funds for air tickets, meals, and accommodation. This is costly, especially if not budgeted. An online presentation will not require such expenditure. It saves time: An online presentation does not require physical traveling, which is time-consuming. Instead of spending time traveling, it is wise to use it in researching and preparing a quality presentation.Advancement in technology is making it possible for people to hold online meetings. It possible to have interactive sessions where participants can ask questions and get instant answers via online meetings. The use of technology eliminates the need to travel for this presentation.why do business need funding
underground economies are smallest in countries with strong economies.
a. true
b. false
Underground economies are smallest in countries with strong economies. The given statement is false.
The trade of commodities and services that are hidden from official view is a part of the underground economy. These activities include selling drugs and babysitting children "off the books." The underground economy has evolved over time as legislators redefine what is legitimate or what should be taxed.
Official data on Gross Domestic Product do not include illicit activity (GDP). The official labour force statistics may classify those working in the shadow economy as unemployed.
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Place the steps of the job application process in order.
Hiring company post job description to a job opening
Hiring company conducts interviews
Interested applicants submit resume and cover letter
Hiring company calls references for the job applicant (s) they like the most
Hiring company offers there selected applicant the job
Interested applicants complete the job application provided by the company.
PUT THEM IN ORDER PLS I NEED HELP UNDERSTANDING THIS FOR ENTREPRENEURSHIP
Answer:
1. Hiring company post job description to a job opening
2. Interested applicants complete job application provided by the company
3. Interested applicants submit resume and cover letter
4. Hiring company conducts interviews
5. Hiring company calls references for the job applicant(s) they like the most
6. Hiring company offers there selected applicant the job
B. Scenario 2 Pinte Ltd has just acquired IT equipment for a sum of $3 million. The accounting period for Pinte Ltd runs from January 1 to December 31 each year. The equipment was bought in the second half of the year on July 1, 20X1. Installation costs amounted to $300,000 and other costs to set up the equipment amounted to $700,000. The useful life of the equipment is estimated as 4 years with a salvage value of $500,000 Advise Pinte Ltd on how it should depreciate the non-current asset. You should use appropriate calculations to support your answer (for reducing balance use 40% per annum). You should also identify any other financial and non-financial considerations that Pinte Ltd must make in arriving at its decision. (10 marks)
Pinte Ltd should depreciate the IT equipment using the straight-line method.
Why should this be done?The yearly decrease in value cost is estimated to be $250,000. When selecting a depreciation technique, Pinte Ltd should take into account various elements such as tax implications, accumulated depreciation expense, interest expense accumulation, maintenance expense accumulation, and asset replacement.
Here are the calculations for the straight-line method:
Cost of asset: $3,000,000
Salvage value: $500,000
Useful life: 4 years
Annual depreciation expense: ($3,000,000 - $500,000) / 4 = $250,000
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100 POINTS!! Suppose that nominal GDP was $9250000.00 in 2005 in Orange County California. In 2015, nominal GDP was $11250000.00 in Orange County California. The price level rose 2.50% between 2005 and 2015, and population growth was 3.50%. Calculate the following figures for Orange County California between 2005 and 2015. Give all answers to two decimals.
Nominal GDP growth was %
Economic growth was %
Inflation was %
Real GDP growth was %
Per capita GDP growth was %
Real per capita GDP growth was %
It will be: 21.62%; 21.62%
Nominal GDP growth rate refers to the rate at which nominal GDP changes from one year to the next year.
Given that,
Nominal GDP in 2005 = $9,250,000
Nominal GDP in 2015 = $11,750,000
Rise in price level between 2005 and 2015 = 2.50%
Population growth rate = 4.25%
Nominal GDP growth rate:
= [(Nominal GDP in 2015 - Nominal GDP in 2005) ÷ Nominal GDP in 2005] × 100
= [($11,250,000 - $9,250,000) ÷ $9,250,000] × 100
= ($2,000,000 ÷ $9,250,000) × 100
= 0.2162 × 100
= 21.62%
Economic growth rate refers to the rate at which an economy is producing goods and services at a particular point of time.
Economic growth:
= [(Nominal GDP in 2015 ÷ Nominal GDP in 2005) - 1] × 100
= [($11,250,000 ÷ $9,250,000) - 1] × 100
= (1.2162 - 1) × 100
= 21.62%
Inflation rate is 22%
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what is the difference of communism and socialism?
Amanda looks at an animal cell under a microscope and sketches the cell. She notices that the cell is in a phase of mitosis, so she asks her friend to identify the phase. Her friend identified the cell as being in prophase. What should she be observing in order to correctly label her sketch as prophase?.
The process of mitosis, which divides the duplicated hereditary material held in a parent cell's nucleus into two identical daughter cells, begins with the prophase.
The chromatin, a combination of DNA and proteins set up in the nucleus, condenses during prophase. The replicated chromosomes are known as family chromatids and feature an X shape. The family chromatids are connected at the centromere, which is a pair made up of two identical DNA duplicates. The mitotic spindle further starts to develop at this point. Long proteins known as microtubules, which start developing at the cell's polar ends, make up the mitotic spindle. The division of the family chromatids into two cells will be carried out by the spindle. The ensuing stage of mitosis, pro-metaphase, comes after prophase.
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g Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if: 1. The price of good X increases by 5% 2. The price of good Y increases by 12%
Answer:
Sry, I can't understand anything at all!
in the marketplace, what is a good that can be used in place of another good called?
A product that may be used in lieu of another is known as a substitute. Substitutes play an essential function in the marketplace and are considered a benefit for customers.
They provide customers goods additional options, which improves their ability to meet their demands. A product or service that customers perceive to be substantially the same as or sufficiently comparable to another product is referred to as a replacement, or substitutable good, in economics and consumer theory.
A product that may be used in lieu of another is known as a substitute. The term "substitute goods" refers to products that may be used in lieu of one another to fulfill a certain need.
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Businesses get paid for the value it delivers through its business model. True or False?
True. Businesses get paid for the value they deliver through their business model.
The business model is the blueprint that outlines how a company creates, delivers, and captures value. It defines how a business generates revenue by providing products or services that fulfill customer needs and solve their problems. When a business effectively delivers value to its customers, it can charge a price that reflects that value. This allows the business to generate revenue and sustain its operations.
In conclusion, businesses do get paid for the value they deliver through their business model.
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distinguish between products tax and production tax
Answer:
Some examples of production taxes are land revenues, stamps and registration fees and tax on profession. Product taxes are paid on the actual volume of production. It is paid per unit of product. For example, excise duty, service tax, sales tax etc.
What is the amount of money the Hardys will need to deposit annually (rounded to the nearest two decimal places) to achieve their down-payment goal
To determine the amount of money the Hardys need to deposit annually, we require additional information such as their down-payment goal and the time frame they have set to achieve it. Please provide the specific details for a more accurate answer.
The amount of money the Hardys need to deposit annually depends on their down-payment goal and the time frame they have in mind. Without these details, it is impossible to provide a specific answer. Please provide more information so that I can assist you better.
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3.
housing needed to move to be near food sources.
a. portable
b. natural
c. permanent
Answer:
a
Explanation:
moving is portable
How does shopping around for an automobile loan benefit you?
Answer:
Shopping around for an automobile loan benefits me from the interest that we are charged gets added to the amount we are borrowing.
Carl’s business insurance costs $3,000 per year. Carl paid for and purchased a 12-month insurance policy on October 1, Year 1. On October 1, Year 2, Carl’s insurance increased to $3,300 per year. A building contract Carl was working on was delayed when they had to obtain additional permitting. Because cash flow was tight, Carl delayed renewing the insurance policy. Instead of making the payment due on October 1, Year 2, Carl paid 3 months of insurance in arrears on January 1, Year 3. Carl is a cash-method taxpayer and took advantage of the 12-month rule in Year 1 for prepayments. What is Carl’s insurance expense deduction for Year 2?
Answer:
Carl's Insurance Expense Deduction for Year 2
Since he took advantage of the 12-month prepayments rule, his Year 2 Insurance deduction was deducted in Year 1.
While his deduction should have been equal to
= Annual Insurance Expense/12 x 9 = $3,300/12 x 9 = $2,475
In Year 2, it is equal to $0 since he did not make any payment for Insurance.
Explanation:
Under the cash method of accounting, two rules govern how someone can deduct prepaid expenses:
1. The General Rule
2. The 12-Month Rule
1. The General Rule
Under the general rule, you cannot deduct the full amount of an advance payment covering more than 12 months. You must deduct a portion of the payment in the year to which it applies.
Example: The General Rule.
Carl is a cash method taxpayer on a calendar year.
On October 1, 2018 Carl pays $3,600 in advance for business insurance covering three years.
Coverage begins October 1, 2018.
Coverage ends September 30, 2021.
Result:
The general rule applies.
The advance payment covers more than 12 months (36 months).
A portion of the $3,600 must be deducted ratably over the three-year period.
To find the portion of the $3,600 Carl deduct each tax year:
First, divide the $3,600 by 36 (months) to find the monthly premium amount.
Then, multiply the number of months remaining in each tax year by the monthly premium
Monthly premium: $3,600 / 36 = $100 per month.
Oct. 1, 2018 - Dec. 31, 2018: 3 x $100 = $300 deduction for 2018
Jan. 1, 2019 - Dec. 31, 2019: 12 x $100 = $1,200 deduction for 2019
Jan .1, 2020 - Dec. 31, 2020: 12 x $100 = $1,200 deduction for 2020
Jan. 1, 2021 - Sep. 30, 2021: 9 x $100 = $900 deduction for 2021
The 12-Month Rule
The 12-month rule says that Carl may deduct the full amount of an advance payment in the year the payment is made if it creates rights or benefits for the taxpayer that do not extend beyond the earlier of:
12 months after the right or benefit begins, or
The end of the tax year after the tax year in which payment is made.
Example 1: The 12-Month Rule.
Carl is a cash basis taxpayer on a calendar year.
On October 1, 2018 he pays $2,000 for business insurance covering one year.
The policy begins October 1, 2018 and ends September 30, 2019.
Result:
The 12-month rule applies.
Deduct the full $2,000 in 2018
The benefit does not extend beyond 12 months after the right to receive the benefit begins - October 1, 2018.
If Carla Vista Designs uses cost-plus pricing and prices most products like the original PetBed, what should be the price of the high-end PetBed? (Round answer to 0 decimal places, e.g. 25,000.) Price of the high-end PetBed $enter price of the high-end PetBed per bed in dollars 180 per bed
The rate of the excessive-give-up PetBed In fee-plus pricing, rate = cost + gross margin. Gross MargiPrice should be = one hundred eighty + 60 = $240
Cost-plus pricing is likewise called markup pricing. it is a pricing technique in which a set percentage is brought on the pinnacle of the cost it takes to produce one unit of a product (unit cost). The resulting variety is the selling rate of the product.
The concept in the back of cost-plus pricing is straightforward. the seller calculates all fees, fixed and variable, that have been or can be incurred in the production of the product, and then applies a markup percentage to these costs to estimate the asking charge.
Price-plus pricing is where an enterprise comes up with charges by way of multiplying the value of products sold by using the desired markup percentage. In short, look at how a lot it fees you to make a product and multiply that by way of a hard and fast percentage to get your selling charge.
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