______ in linear programming are an alternative course of action--for example, determining the number of shipping routes for transporting goods from the available alternative choices.
A. Decision variables
B. Consequences
C. Constraints
D. Linearity
A. Decision variables
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When firms diversify into unrelated businesses, the primary potential benefits are horizontal relationships, i.e., businesses sharing tangible and intangible resources.
Answer the following statement true (T) or false (F)
Fleming Corporation, a U.S. multinational, has pretax U.S. source income and foreign source income as follows: U.S. source income$1,000,000 Foreign source income-Country A 500,000 Total$1,500,000 Fleming paid $50,000 income tax to Country A. If Fleming takes the foreign tax credit, compute its worldwide tax burden as a percentage of its pretax income.
A. 33% B. 34% C. 21% D. 17.33%
If a taxpayer reinvests the net proceeds (amount received – related expenses) received in an involuntary conversion in qualifying replacement property within the statutory time period, it is possible to defer the recognition of the realized gain
a. True b. False Indicate whether the statement is true or false
In arriving at the value of stock in a closely held business, the IRS frequently imputes goodwill. Comment on how the following independent factors would affect the determination of goodwill
a. Past profits include a large nonoperating gain. b. Shareholder-employees have not been receiving adequate compensation for their services. c. The shareholders have been financing corporate operations with interest-free loans.