frequent flyer benefits in Gross Income | Facts: | Over a period of time Latrell accumulated enough frequent flyer miles to purchase a free roundtrip ticket to Milan‚ actually valued at $1200. The frequent flyer miles he used were generated through business travel expenses paid for entirely by Latrell’s employer. | Issue: | Does Latrell have to recognize income from this purchase? | Authorities | IRC sec. 61 IRC sec 162Reg §1.274-5TCharley‚ (CA9‚ 7/24/96) 78 AFTR 2d ¶ 96-5171 | Conclusion: |
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Business Strategy Case Study-TESLA Team 1: Nitin Majgi Ben Kempenich Nomi Lee David Daar Should Tesla move start to produce gasoline or hybrid powered vehicles? Competitors: Tesla Motors has a focus of differentiation strategy‚ concentrating only on small group of people‚ who are rich and environmental conscious‚ attracted by stylish and beautiful looks of its cars. Because‚ it will be hard to reach out and compete with other auto-manufactured brands
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Memo Review Paper After reviewing the Accounting memo that was directed to Andrew’s Accounting Teammates‚ I have found several items that need to be changed prior to sending this to the executive vice President. Andrew wrote this memo very informal. This memo needs to be changed to follow a formal guideline. I will be discussing in this paper items that need to be changed before sending the Accounting Memo on to the executive vice president. In a Formal e-mail he should write out the word
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Jerry is a father of 3 and a husband to his wife Joanie‚ who stays at home to take care of their children. Jerry is a middle-level manager at a carpet distributing business and is about to retire in a couple years. They have a 14 year old child that is mildly autistic and needs his parents. Jerry is also a good candidate for the heart because he has very high chances of living another 10-15 years with the new heart
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TO: Harri Karvinen‚ President FROM: Tony Tsao‚ Helsinki Regional Sales Manager SUBJECT: Innovative Initiatives in Communications and Training DATE: 8/2/2006 As the Regional Sales Manager for Helsinki‚ I really enjoy working with my team to bring our products to the customers. Feedback from the four stores in Helsinki indicates the customers love our innovations such as the cardiac monitors. I believe our ability to innovate is one of our greatest strengths. This is exactly why I am happy to
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are able to feel safe going to school or simply enjoying life by going to a concert. Stakeholders 1. Gun Manufacturers: Limiting the sale of firearms and ammunition could lead to a decrease in employment. Possibly putting some companies out of business 2. Congress: Deciding a balance between protecting our 2nd amendment right while ensuring safety for our citizens 3. Gun Shows: restricting or making it more difficult to obtain guns‚ the need for gun shows will lessen if no guns are there to be
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Main issue: European Sales Division of Computron had to decide what price to submit for its Computron 1000X digital computer for the bid of a purchase contract from Konig & Cie.‚ AG. * Four other computer manufacturers‚ including RMAG‚ EDAG and Digitex‚ would bid for the contract. The competitors’ prices will most likely be around the $872‚000 proposed by RMAG. * Computron used cost based pricing (firm’s standard pricing policy): The European Price= U.S. cost + 33.33% x Cost (Markup)
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EXECUTIVE SUMMARY OBJECTIVES OF THE AUDIT ENGAGEMENT The objectives for the audit engagement are as follows: * to act as auditors of Ayala Land‚ Inc. and to express an opinion its consolidated financial statements in accordance with the requirements of the prescribed financial reporting framework; * to highlight key issues that have been of relevance in the forming of our audit opinions; * to serve as a framework for the audit; * to ensure that an effective and efficient
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Chinese Fireworks Industry Memo To: Jerry Yu From: Robert Burke cc: Frances Tucker Date: Re: Marketing Strategy for Chinese Fireworks Industry Introduction From the SWOT analysis and my further analysis of the case‚ the marketing issue that needs to be solved in order to help determine a decision for the client is identifying the problem in the global marketing strategy. This struggle to make a decision is coming from the industry not having a target market and businesses marketing their products
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Measuring Economic Health Memo Regina Jernigan ECO/212 Principles of Economics September 9‚ 2010 Terron Khemraj Measuring Economics Economics activity is measured by real Gross Domestic Product (GDP). Real Gross Domestic Product is the output of goods and services by labor and property within the United States (Bureau of Economic Analysis‚ 2010). Real GDP on average grows about 3.5% each year and has an impact on the business cycle. The fiscal policy has a tremendous effect on individuals
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