NWR Inc. is structuring a transaction that will require a $200,000 deductible cash expenditure. Which of the following structures is the most effective in terms of the time period variable?
A. NWR will pay the cash and report the deduction in 20Y1.
B. NWR will pay the cash and report the deduction in 20Y2.
C. NWR will pay the cash in 20Y1 and report the deduction in 20Y2.
D. NWR will pay the cash in 20Y2 and report the deduction in 20Y1.
Answer: D
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According to psychologist Abraham Maslow, which of the following needs is included in the most basic level of human needs?
A) The need for respect B) The need for affiliation C) The need for love D) The need for food E) The need for appreciation
Under the UCC, if an offer is received by mail, the acceptance:
A) Can be made by other means, but only if the offer so states. B) Can be made by any reasonable manner or method of communication. C) Must also be made by mail. D) Is effective only once it is received by the offeror. E) Can be canceled by the offeree at any time during the period of a firm offer.
Trek, Inc. has two service departments (Human Resources and Building Maintenance) and two production departments (Machining and Assembly). The company allocates Building Maintenance cost on the basis of square footage and believes that Building Maintenance provides more service than Human Resources. The square footage occupied by each department follows.Human Resources7,000Building Maintenance11,000Machining20,000Assembly28,000Assuming use of the step-down method, over how many square feet would the Building Maintenance cost be allocated (i.e., spread)?
A. 48,000. B. 66,000. C. 55,000. D. 18,000. E. More information is needed to judge.
If the attorney originally told the ethics committee that he was never going to practice law again, why did he fight the disbarment?
What will be an ideal response?