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Questions in business

[Answered] Hunt Taxidermy, Incorporated, is concerned about the taxes paid by the company. In addition to $4.4 million of taxable income, the firm received $309,000 of interest on state-issued bonds and $240,000 of dividends on common stock it owns in Oakdale Fashions, Incorporated. (Use corporate tax rate of 21 percent for your calculations.) Calculate Hunt Taxidermy’s tax liability. Note: Enter your answer in dollars not in millions.

[Answered] We are all aware of the distraction and dangers of using your cell phone while driving. Other distractions are company provided equipment such as communication radios, fareboxes, and destination signs. True False

[Answered] The front office assistant usually provides the first impression of the office. A. True B. False

[Answered] As the demand for goods and services decreases, job growth a. increases b. decreases c. remains the same d. none of the above Please select the best answer from the choices provided.

[Answered] The primary goal of a financial manager should be to: a. minimize operating costs b. minimize interest payments c. minimize tax payments d. maximize operating income each year e. maximize shareholders' wealth

[Answered] A good future source of energy for farmers to consider as a source of profit is A. fission. B. fusion. C. wind. D. hydrogen.

[Answered] Which abrasives should you avoid using on freshly applied enhancement products? A. coarse-grit B. medium-grit C. fine-grit D. buffer

[Answered] As the demand for goods and services increases, job growth a. increases b. decreases c. remains the same d. none of the above

[Answered] When taking phone messages, what should you always do? A. Record at least a phone number B. Identify yourself C. Deliver the message within 24 hours D. Ask the caller to identify the best time for a return call

[Answered] 5. Which IFRS principle emphasizes caution when there is uncertainty about the realization or measurement of assets or income? a) Fair Presentation b) Prudence c) Going Concern d) Substance over Form 6. What is the basis for recording transactions and events in financial statements under the accrual basis principle? a) When the cash is received or paid b) When they occur c) Only at the end of the financial year d) As per the legal form of the transaction 7. Which of the following is a key characteristic of IFRS for SMEs? a) High level of complexity. b) Exclusively for large corporations c) Streamlined and tailored for smaller businesses d) Applicable only in the United States