Gareth & Sons are a big group of hospitality companies. They have recently hired Ms. Halworth, a successful Certified Accountant with over 20 years of experience to manage their corporate finance. Gareth& Sons would like to avoid paying a big tax bill this year and want Halworth to work accordingly.



Halworth fraudulently shows considerable losses in two of the group companies and thereby reduces the tax payable for the group. She then submits this report to the tax consultants for further processing. What kind of tort has she committed?



The tort in the situation is (BLANK)

Answer:

when the difference outweighs the cost

a) So, the IRR on this investment is 3.36%. b) Since the minimum annual return of the investment is less than the required annual return of 8%, we would not recommend this investment. Therefore, the answer is No, we would not recommend this investment.

Given: Investment = $1200Return = $1929Time = 10 years

To calculate the IRR on this investment, we can use the Present Value (PV) technique.

We know that the future value (FV) of $1,200 invested today is $1,929 at the end of 10 years, and we can find out the IRR using the following formula:

PV = FV / (1 + r)ⁿ

Where, PV is the present value,

FV is the future value,

r is the interest rate or the discount rate, and

n is the number of years

To find r, we rearrange the above formula as:

r = (FV / PV)^(1/n) - 1

Substituting the given values, we get:

r = ($1929 / $1200)^(1/10) - 1r = 3.36%

So, the IRR on this investment is 3.36%.

Now, let's calculate the minimum annual return of the investment as follows:

Minimum annual return = (FV / PV)^(1/n) - 1

Where, PV is the present value,

FV is the future value, and

n is the number of years

Substituting the given values, we get:

Minimum annual return = ($1929 / $1200)^(1/10) - 1

Minimum annual return = 2.31%

Since the minimum annual return of the investment is less than the required annual return of 8%, we would not recommend this investment.

Therefore, the answer is No, we would not recommend this investment.

Learn more about Investment here:

https://brainly.com/question/15105766

#SPJ11

The doctrine of limited liability refers to a legal rule that states the owners and shareholders of a company cannot be held personally liable for any debts or liabilities incurred by the company.

The doctrine was developed to encourage entrepreneurship by limiting the financial risk that investors take on when investing in a company.
The principle of limited liability works such that if a company is sued or faces financial difficulties, the personal assets of its owners or shareholders cannot be used to settle any debts or obligations. This means that the investors are only liable for the amount of money they have invested in the company and nothing more.
Limited liability offers investors the confidence to invest in companies without the fear of risking their personal wealth. This gives them the freedom to invest in riskier ventures that may yield high returns. The doctrine of limited liability is a crucial aspect of modern corporate law, and it has been a key factor in the development of the business world. It has played an essential role in promoting investment, innovation, and entrepreneurship while safeguarding the personal assets of investors. Therefore, limited liability is vital in protecting the interests of investors and promoting entrepreneurship.

To know more about doctrine of limited liability visit:
https://brainly.com/question/28173731
#SPJ11

Answer:

companies like Nike Inc have mission statements to attract the attention of the public .. thereby making it more easy to sell their products in the market

The fundamental theorem of Biomedical Informatics, as described by Charles P. Friedman, is not represented by any of the given options.

The fundamental theorem of Biomedical Informatics, according to Charles P. Friedman, states: "Biomedical informatics is the scientific field that deals with biomedical information, data, and knowledge—their storage, retrieval, and optimal use for problem-solving and decision-making. It touches upon all basic and applied fields in biomedical sciences. Biomedical informatics thus studies health information and health information technology to improve human health, individual healthcare, public health, and biomedical research." Therefore, the correct option is not provided in the given choices.

Learn more about Informatics here:

https://brainly.com/question/32314689

#SPJ11

Answer:

1.

At least two other technologies available for desktop publishing:

Common features across PowerPoint and the above programs:

These programs are all part of the Microsoft 365 (formerly Microsoft Office) suite of software tools. They are available for both personal and professional use. All programs use a subscription model. They are designed to be compatible across Microsoft's entire product line and allow for instant collaboration among multiple registered users.

2.

Two differences in how an employee might speak to other staff members in a flat organizational structure versus a hierarchical structure:

Answer:

Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.

Explanation:

The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.

Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?

Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?

Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?

Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.

Income taxes are those taxes that are paid on any financial gain.

Income taxes are a progressive type of tax system. Them are taxes that are paid on all forms of income.

This type of tax , taxes those that have more income that those that have lower income.

The government uses the income tax to fund several public services and also use it for the provision of goods to the citizens in the country.

Read more on https://brainly.com/question/8739827?referrer=searchResults

Answer:

any financial gain

Explanation:

e2022

Under the Affordable Care Act (ACA), health plans are classified based on the amount of covered costs into four categories: Bronze, Silver, Gold, and Platinum.

The Bronze plans typically have the lowest premiums but the highest out-of-pocket costs, with the insurer covering about 60% of the healthcare expenses. Silver plans cover around 70% of the costs, Gold plans cover around 80%, and Platinum plans cover around 90%. These categories help consumers understand the level of coverage they can expect from a particular health plan and make informed decisions based on their healthcare needs and budget. The ACA also provides subsidies and cost-sharing reductions to make insurance more affordable for eligible individuals and families.

Learn more about amount here:

https://brainly.com/question/22661325

#SPJ11

Answer:

http://www.mrbartonmaths.com/resources/GCSE%20Revision/GCSE%20Maths%20Takeaway/4.%20Grades%20B%20to%20A-star/107.pdf

Explanation:

THis is published by me....

Answer: Ph 1,677.00

Explanation:

Judging by the structure of this question, I believe this is an addition problem.

Add the numbers using the method in the picture:

      897.00

   +  780.00

    1,677.00

= Ph 1,677.00

Answer:C

Explanation: Just took the test:)

What will be accomplished by efficient allocations of the factors of production is fulfilling many needs and wants of society

factors of production can be regarded as those factor that make production possible such as capital and land.

Therefore, fulfilling many needs and wants of society is one of beauty of production.

Learn more about factors of production

https://brainly.com/question/13171394

A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.

The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.

A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.

As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.

Learn more about on policy, here:

https://brainly.com/question/28024313

#SPJ2

The purpose of the letter is to inform Ms. Tranquillo that warranty repairs or replacements are not available for damage caused by operator fault and to provide her with options for resolving the issue.

The letter is informing Ms. Haley Tranquillo that warranty repairs or replacements are not available for damage caused by operator fault, specifically due to prolonged exposure to liquid and heavy external abuse.

The letter emphasizes the importance of proper caution and care when handling smartphones and highlights that the protection plan and manufacturer's warranty only cover manufacturing defects, excluding neglect and abuse.

The options provided include purchasing a remanufactured model at a cost of $49 plus tax, buying a new device at full retail cost, or exploring upgrade options as the two-year contract is nearing completion. The letter concludes by emphasizing the company's commitment to customer service.

Learn more about letter

brainly.com/question/13943501

#SPJ11

clearing checks

acting as government fiscal agent

supervising members bankers

regulate money supply

supply paper currency

setting reserve requirements

The predetermined overhead rate is 184% of direct labor cost

A

Estimated manufacturing overhead

$864,800

B

Estimated direct labor cost

$470,000

C = (A/B) x 100

Predetermined Overhead rate

184%

of direct labor cost

Wages paid to employees directly related to producing goods or rendering customer services are referred to as direct labour costs. The overall direct labour cost exceeds wages paid by a significant amount.

Direct labour includes those who assemble things, weld things, paint things, and operate machines. Any employee directly involved in a product's manufacture is referred to as direct labour. If your company makes bicycles, the workers who make the bicycles are regarded as direct labour.

To learn about overhead cost

https://brainly.com/question/12465208

#SPJ4

The responsibilities, names, organizations, and contact details of stakeholders who are participating in a project or effort are listed in a document known as a stakeholder register.

Stakeholders can be individuals, groups, or organizations that have an interest or stake in the project's outcome. These stakeholders can include project sponsors, customers, suppliers, employees, regulatory agencies, and other groups that may be affected by the project.

The stakeholder register serves as a critical tool for managing stakeholder engagement and communication throughout the project lifecycle. It provides a comprehensive overview of all stakeholders and their interests, allowing project managers to develop tailored communication plans, manage expectations, and mitigate potential issues.

A stakeholder register is a crucial component of stakeholder management and project success. It helps project managers to understand the needs and interests of all stakeholders and to develop strategies for engaging them effectively.

To learn more about stakeholders register

https://brainly.com/question/28287319

#SPJ4

Yes, companies in both the service sector and the merchandising sector can make choices about absorption costing versus variable costing.

Companies in the service sector and the merchandising sector may use absorption costing or variable costing depending on their specific needs and circumstances. While absorption costing is commonly used in manufacturing companies, it is not limited to that sector. Service-oriented companies and merchandisers that carry inventory may also utilize absorption costing.

Regarding the statement about the main problem with variable costing ignoring the increasing importance of fixed costs in manufacturing companies, it is a matter of perspective and context. Here are some points to consider:

Agreement: Some may agree that variable costing ignores the increasing importance of fixed costs. This is because under variable costing, fixed manufacturing costs are treated as period expenses and are not allocated to products. As fixed costs tend to be a significant portion of manufacturing expenses, excluding them from product costs can lead to distorted profitability analysis and decision-making.

Disagreement: Others may disagree with the statement. They may argue that variable costing provides a clearer picture of the direct costs associated with producing goods, allowing for better decision-making in the short term. Fixed costs, being independent of production volume, are not directly attributable to specific units and are often incurred regardless of whether any units are produced or sold.

Companies in the service sector and the merchandising sector have the flexibility to choose between absorption costing and variable costing based on their specific circumstances and needs. The debate about the main problem with variable costing, particularly in manufacturing companies, centers around the treatment of fixed costs. While some argue that variable costing ignores the increasing importance of fixed costs, others believe that variable costing provides valuable insights into direct costs and facilitates short-term decision-making. Ultimately, the choice between the two costing methods depends on the company's objectives, industry norms, and regulatory requirements.

To know more about the merchandising sector visit:

https://brainly.com/question/31942042

#SPJ11

People are often motivated by different factors. The three fundamental elements that motivate people to be fair are equality, reciprocity, and optimization.

Employee motivation strategies are known to be the various tactics and acts used and also put together to keep employees inspired, engaged, etc., in terms of their responsibilities.

They are known to be the ways of motivating employees and it often varies by workforce, work environments, work cultures, etc.

Learn more about equality from

https://brainly.com/question/401435

Answer:

Centralized organizations are typically more efficient as far as assuring that a business decision made at the top is passed down through the organization. The CEO or other high-level company official passes a decision or policy to the next level down and this information is passed on down level by level.

Explanation:

Perfectly competitive markets are efficient because social welfare is maximized and firms produce at the lowest possible long-run average cost.

In perfectly competitive markets, firms are price takers, which means they cannot influence the market price of the good or service they produce. This leads to a situation where firms produce at the lowest possible cost in order to remain competitive, resulting in efficient allocation of resources.

Moreover, in perfectly competitive markets, social welfare is maximized because the market price reflects the marginal cost of production, which represents the value of resources used to produce an additional unit of the good or service. At the equilibrium price, the social welfare, which is the sum of consumer surplus and producer surplus, is maximized.

Learn more about “  competitive markets, “ visit here;

https://brainly.com/question/13686157

#SPJ4

Empowerment means allowing employees to make decisions about how service gets provided to customers.

People that are empowered have authority and influence over their own life. People receive the assistance that is appropriate for them. Citizenship on an equal footing is what empowerment entails. They enjoy respect and self-assurance in their neighbourhoods. Leaders and team members may live their best lives and take ownership of their job when they feel empowered. By empowering employees, leaders who create an empowerment culture position their followers for success in three key ways.

To know more about Empowerment , visit

https://brainly.com/question/5782469

#SPJ4

Answer:

African

Explanation:

Answer:

Informative.

Explanation:

Answer:

a. Develop a database of potential customers.

Explanation:

Analyzing the scenario of the question above, it can be understood that, a sales training manager who believes in a structured approach to personal sales as the best option, the ideal would be to tell trainees to perform the stages of the personal sales process first. will tell trainees to first develop a database of potential customers.

Because the first step in the personal selling process is prospecting for customers, so a database of potential customers will be the most structured process for prospecting potential customers and then reach the other stages of the sales process in an organized and effective way.

In a project with two interdependent activities, the correct statement is: Dynamic coordination of the two activities implies that the two activities are carried out in an iterative manner.

In a project with interdependent activities, it's essential to have proper coordination between the tasks. Dynamic coordination allows the activities to be carried out iteratively, meaning that they will be adjusted and improved over time as feedback from each activity affects the other. This approach ensures that the activities remain aligned and efficient throughout the project's duration.

On the other hand, static coordination does not involve continuous adjustments, and the activities are not carried out iteratively. This may not be effective for interdependent activities as it lacks the flexibility to adapt to changing circumstances or feedback between the tasks. Similarly, carrying out interdependent activities in parallel without coordination would likely lead to misalignment and inefficiencies in the project.

In summary, for a project with two interdependent activities, the correct statement is that dynamic coordination implies carrying out the activities iteratively, allowing for continuous adjustments and improvements based on feedback between the tasks.

To learn more about a project, visit: https://brainly.com/question/16927451

#SPJ11

Answer:

advertising :the wholesaler helps out in carrying out product advertising and sales promotion s and by so doing creating awareness for the product

risk bearing :the wholesaler takes charge of the goods thereby accepting responsibility for losses sufferedin the course of distribution

and we have financing,warehousing and bulk breaking

Answer:

Developing

Explanation:

The amount of effort that you put into your courses increases the marginal

cost of your education.

Marginal cost refers to the incremental cost which is accrued as a result of

increase in goods and services.

In this scenario, amount of effort put into courses entails more time and

money spent from buying of books and other materials. This therefore

depicts an increase in the incremental and marginal cost.

Read more about Marginal cost here https://brainly.com/question/16615264

Answer:

stealing ideas,information, or creative products

Explanation:

Answer:

B. Stealing ideas, information, or creative products

Explanation: