The answer is False because they didn't plan functions as a local law..this is my opinion.
Answer:
Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per unit. A large portion of the finished product is sold to Division B where it is packaged and sold overseas under a different label. The tax rate in Division B's country is higher than the U.S. tax rate. Assume the company desires to minimize the overall tax impact of the transfer (i) what type of relative pre-tax income should each division desire to achieve as a result of the transfer and (ii) what type of transfer price would accomplish your answer to (i).
Dairy Division Income Division B Income Transfer Price
.
Option "D" is the correct answer - High Low High.
Explanation:
Since in Division B, the tax rate is higher than the tax rate in US-based dairy division. Therefore to minimize the impact of the overall tax, transfer price from dairy division should be high to Division B so that the dairy division income would be higher. and the income of Division B would be lower.
Hence option "D" is the correct answer.
Answer:
a.
Date Account Title Debit Credit
XX-XX-XXX Accounts Receivable $12,040
Fees earned $12,040
b. No it would not have been.
If using the cash basis, the revenue would only be recognized when the cash is paid to the company. As the cash has not been paid, there would be no need to adjust for the revenue in the present period.
Answer:
2.21
Explanation:
Portfolio beta = Respective beta*Respective weight
<em>Beta of market=1;Beta of risk-free assets=0</em>
1.28 = (0.25*0) + (0.31*1) + (0.44*Beta of Stock B)
1.28 = 0 + 0.31 + 0.44*Beta of Stock B
1.28 - 0.31 = 0.44*Beta of Stock B
Beta of Stock B = 0.97/0.44
Beta of Stock B = 2.204545454545455
Beta of Stock B = 2.21
When Ashton, the appraiser applies more weight to two comparables over several others he used, he is utilizing the: Correlation method.
<h3>What is the Correlation Method?</h3>
The correlation method is the method utilized in the sales comparison approach where more importance is given to two properties being compared against some others.
The sales comparison approach itself is used in analyzing the worth of a property by comparing it to others that have been sold in recent times.
Learn more about the sales comparison approach here:
brainly.com/question/14497595
