Early in its fiscal year ending december 31, 2018, san antonio outfitters finalized plans to expand operations. the first stage was completed on march 28 with the purchase of a tract of land on the outskirts of the city. the land and existing building were purchased for $920,000. san antonio paid $260,000 and signed a noninterest-bearing note requiring the company to pay the remaining $660,000 on march 28, 2020. an interest rate of 6% properly reflects the time value of money for this type of loan agreement. title search, insurance, and other closing costs totaling $26,000 were paid at closing.

Kis the insured and p is the sole beneficiary on a life insurance policy. both are involved in a fatal accident where k dies before p. under the common disaster provision, which of these statements is true?

You are chairman of the board of a successful technology firm. there is a nominal federal corporate tax rate of 35 percent, yet the effective tax rate of the typical corporation is about 12.6%. your firm has been clever with use of transfer pricing and keeping money abroad and has barely paid any taxes over the last 5 years; during this same time period, profits were $28 billion. one member of the board feels that it is un-american to use various accounting strategies in order to avoid paying taxes. others feel that these are legal loopholes and corporations have a fiduciary responsibility to minimize taxes. one board member quoted what the ceo of exxon once said: “i’m not a u.s. company and i don’t make decisions based on what’s good for the u.s.” what are the alternatives? what are your recommendations? why do you recommend this course of action?

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates