subject
Business, 18.03.2020 21:32 jazzy4211

Randy is the manager of a motel. As a condition of his employment, Randy is required to live in a room on the premises so that he would be there in case of emergencies. Randy considered this a fringe benefit since he would otherwise be required to pay $800 per month rent. The room that Randy occupied normally rented for $70 per night, or $2,100 per month. On the average, 90% of the motel rooms were occupied. As a result of this rent-free use of a room, Randy is required to include in gross income. a.$2,100 per month. b.$800 per month. c.$1,890 ($2,100 × 0.90). d.$-0-. e. None of these choices are correct.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:00
Ineed : ): will mark brainliest! describe sinek's golden circle. what does he use this for? sinek argues that "people don't buy 'what' you do; people buy 'why' you do it." what does he mean by this? do you agree or disagree with him? why? what are the advantages of hiring people who share the same beliefs and visions in terms of the company's 'why' or purpose? why wasn't tivo successful as a company? what is the difference between leaders and those who lead? how does safety contribute to trust and cooperation? what are some ways that leaders can make the company environment safe? what are the advantages of companies where employees feel safe and protected?
Answers: 2
question
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
question
Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
Answers: 3
question
Business, 23.06.2019 15:10
Ansys license manager error capability cad interface parasolid does not exist in the ansys licensing pool non of the products enabling this capability are available in the specified license path
Answers: 2
You know the right answer?
Randy is the manager of a motel. As a condition of his employment, Randy is required to live in a ro...
Questions
question
Social Studies, 21.05.2020 21:17
question
English, 21.05.2020 21:17
question
Mathematics, 21.05.2020 21:17
question
Mathematics, 21.05.2020 21:17
question
Computers and Technology, 21.05.2020 21:17
question
Mathematics, 21.05.2020 21:17
question
Mathematics, 21.05.2020 21:17
question
Mathematics, 21.05.2020 21:17
Questions on the website: 13722363