Pedro, a nonresident alien, licenses a patent to a U.S. company for an $11 per unit fee for each unit produced. As a result of receiving the fee, Pedro must recognize the fee as
A) ordinary income taxable in the United States.
B) capital gain taxable in the United States.
C) no gain or income taxed in the United States.
D) a portion of the gain, depending on the number of days Pedro is physically present in the United States during the current year.
A) ordinary income taxable in the United States.
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Answer the following statements true (T) or false (F)
1. The standards of right and wrong that influence behavior are called ethics. 2. Ethical behavior is defined as a behavior that creates the greatest good for the greatest number of people. 3. Values are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior. 4. An organization’s value system stressing financial performance may conflict with its value system stressing cohesion among employees.
Occupational Safety and Health Administration (OSHA) requirements mandate that employers with 11 or more employees maintain records of work-related occupational injuries and illnesses.
Answer the following statement true (T) or false (F)
A small manufacturer builds wooden pleasure boats in a craftsman manner by traditional labor-intensive methods. The first boat is estimated to take 650 hours of skilled labor, which cost $40 per hour
They currently have three workers that can work 2,000 hours a year. They assume that there is a 90% learning curve. How many boats can they build in their first year?
The company's top executives meet quarterly to review its performance. They focus on the results of several measures regarding efficiency, quality, customer responsiveness, and innovation compared to previously established goals. Based on these results, the leadership team decides on the next steps for addressing performance gaps. This activity reflects a
A. control system. B. management by objectives strategy. C. feedforward process. D. clan control strategy. E. bureaucratic system.