If the flotation cost goes up, the cost of retained earnings will

A) go up.
B) go down.
C) stay the same.
D) slowly increase.


C) stay the same.

Business

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Indirect expenses are allocated to specific departments to determine departmental direct operating margins

a. True b. False Indicate whether the statement is true or false

Business

________ defines the formal relationship and use of people in organizations.

A. Both scheme and hierarchy B. Hierarchy C. Structure D. Scheme

Business

Taylor owns a wide variety of commercial rental properties held in a single-member LLC.  Her LLC reports rental income of $750,000. The LLC pays no W-2 wages; rather, it pays a management fee to an S corporation that Taylor controls. The management company pays W-2 wages, but reports no income (or loss).  Taylor’s total unadjusted basis of the commercial rental property is $5,000,000 and her taxable income before the QBI deduction (and his modified taxable income) is $1,000,000.  What is Taylor’s QBI deduction for 2019?

What will be an ideal response?

Business

Developing consolidated categories is a subjective decision.

Answer the following statement true (T) or false (F)

Business