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Assignment
Your client is the Safari Casino, Inc. which began operations in January 2016. During its first year of operations, the casino had net income of $9,000,000, not counting the markers of its customers. Markers are debt to the casino for which the customer signs an agreement to pay, similar in form to a check. If the markers are counted, the net income is $11,000,000. The c . asino is located in Nevada, and Safari Casino, Inc. is a Nevada corporation. It has not yet filed the tax return for 2016, and no accounting decisions have yet been made by the casino, but the owners state that they would prefer to not recognize the markers as income.
Write them a memo discussing the problem and consider the alternatives of cash and accrual accounting methods.
Reference court cases and cite court involved, date, and name of litigants.
for a given nation suppose the following table shows the relationship between real consumption and real disposable
To identify the dependent variable and independent variable think about which variable impacts the other variable. For example, would weight help determine our height or would height help determine our weight?
Clay Travel, Inc. routinely funds its checking account to cover all checks when written. A thorough analysis of its checking account discloses that the firm could maintain an average account balance that is 25% below the current level and adequately ..
Marketing Strategy :Value Proposition,Critical Issues,Financial Objectives,Marketing Objectives,Target Market Strategy,Messaging,Branding
Over what range will changes in marginal cost have no effect on CDW’s profit-maximizing level of output?
Another pair of friends-Kat and Peet-live in an isolated forest. They can only feed themselves by hunting deer and gathering berries. Who has the absolute advantage in hunting deer? Who has the absolute advantage in gathering berries
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..
You are an efficiency expert hired by a firm in the clothing industry that uses machines (K) and workers (L) as inputs. The firm has estimated that the marginal product of labor is MPL = 120 - 6 L, while the marginal product of capital is MPK = 50 - ..
an economist might say that collage and universatys "produce" education, using facility members and students as inputs. According to this line of reasoning, education is then "consumed" by house holds. Construct a circular-flow diagram like the on..
question 1a. what is adverse selection? how does it harm the economic process?b. what is moral hazard? what are its
Suppose the marginal utility of good a is 4 times that of good b but the price of good a is 2 times that of good b, is this point consumer equilibrium?.
Describe the advantages and disadvantages of a taxable merger as opposed to tax-free exchange. What is the basic determinant of tax status in a merger?
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