Mike contracted with kram company, mike's controlled corporation. mike was a medical doctor and the contract provided that he would work exclusively for the corporation. no other doctor worked for the corporation. the corporation contracted to perform an operation for rosa for $8,000. the corporation paid mike $6,500 to perform the operation under the terms of his employment contract. a. mike's gross income is $6,500.b. mike must recognize the $8,000 gross income because he provided the service. c. mike must recognize $8,000 gross income since the patient obviously wanted him to perform the operation. d. the kram company corporation's gross income is $1,500.e. none of these.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 05:20, alexandroperez13
Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?
Answers: 2
Business, 22.06.2019 10:20, jjimenez0276
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 2
Business, 22.06.2019 19:10, boi7348
Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form
Answers: 3
Business, 22.06.2019 21:50, preguntassimples
Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?
Answers: 1
You know the right answer?
Mike contracted with kram company, mike's controlled corporation. mike was a medical doctor and the...
Questions in other subjects:
Chemistry, 02.10.2019 02:00
History, 02.10.2019 02:00
Health, 02.10.2019 02:00
