The "gross capitalized cost" is supposed to most closely represent
A)
the sticker price on the leased car.
B)
the trade-in value of the leased car.
C)
the interest payments on the lease.
D)
the negotiated price for the car.
D
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On March 1, 2016, Bema Inc. issued 600 shares of its publicly traded stock as compensation to its employee, Ms. McPhee. On date of issuance, the stock's fair market value was $12,000. Under the terms of her employment contract, Ms. McPhee couldn't dispose of the stock before July 1, 2019, and if she terminated her employment with Bema before that date, she had to forfeit the stock back to Bema. Ms. McPhee made a timely election in 2016 to accelerate income recognition with respect to the 600 shares of restricted stock. On July 1, 2019, Ms. McPhee, who was still employed by Bema, sold all 600 shares for $26,000. What are the 2019 tax consequences to Ms. McPhee?
A. She recognizes $12,000 ordinary income and $14,000 capital gain in sale of the stock. B. She recognizes zero ordinary income and $26,000 capital gain on sale of the stock. C. She recognizes $26,000 ordinary income and zero capital gain on sale of the stock. D. She recognizes zero ordinary income and $14,000 capital gain on sale of the stock.
The arrangement of positions in the organization into work units or departments and the interrelationships among these units or departments is known as ______.
a. organizational charting b. organizational engineering c. organizational design d. organizational management
A baseball team ordered 500 wooden baseball bats from Bats, Inc, for delivery on June 1 . On May 15, the ball team received 500 aluminum bats instead of the wooden ones. As of May 16, Bats, Inc
a. may cure before June 1. b. has breached the contract and is liable for damages. c. has breached the contract only if the baseball team rejects the goods. d. may cure if the baseball team gives Bats, Inc. permission to do so.
The annual percentage rate incorporates interest compounding in the computation, but the effective annual rate does not. Both computations adjust the percentage cost per period so that it is stated on an annual basis.?
Answer the following statement true (T) or false (F)