It is accurate (TRUE) to say that current assets are those that are likely to be used up or converted into cash within the next year as a result of normal business operations.
A corporation expects to use up, convert into cash, or sell a current asset, also known as a liquid asset, within one fiscal year or operational cycle. On the other hand, non-current assets are long-term assets that are difficult to quickly turn into cash within a year. All assets possessed by the company that can be turned into cash within a year are recorded in the Current Assets account, which is a line item on the balance sheet under the Assets heading. Because it shows a company's ability to fulfill its short-term obligations and short-term liquidity, the Current Assets account is significant.
Cash and cash equivalents, accounts receivable, inventories, and different prepaid expenses are examples of current assets.
Therefore, the statement is TRUE.
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Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) In the weighted-average method, the percentage completion of beginning inventory has no effect on the equivalent units of production. In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unit. In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost of the units transferred out.
In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unit, is the true sentences.
The COGS and inventory amounts are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost method divides the price of the items up for grabs by the quantity of them. Under IFRS accounting as well as GAAP, the WAC approach is acceptable.
The cost of items available for sale is the collective name for these expenses. Either COGS or ending inventory receives the cost of things that are ready for sale. A cost flow assumption is one that allocates the costs of the items that are for sale.
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suppose that expenditures by the federal government are $30 billion, expenditures by the state governments are $55 billion, and expenditures by the local governments are $20 billion. what is the total of government purchases of goods and services?
The total of government purchases of goods and services is $105 billion.
What are government purchases?Government purchases are things that the federal, state, and local governments spend money on. The sum of this spending, excluding transfer payments and debt interest, is a significant contributor to a country's gross domestic product (GDP). Such expenses like Social Security benefits and farm subsidies are referred to as transfer payments. Several subcategories exist under the U.S. Bureau of Economic Analysis (BEA). For instance, it separates federal from state and local spending on purchases made by the government and federal spending on defense from all other spending. The total of imported items is deducted from the GDP's final calculation. According to Keynesian economic theory, government purchases are a vital component of a thriving economy.
Total government purchases= 30+55+20=105 billion.
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airport kiosks that allow passengers to purchase tickets as well as automated teller machines (atms) are types of .
Airport kiosks that allow passengers to purchase tickets as well as automated teller machines (ATMs) are types of automated vending.
Kiosks are essentially new product categories that are automatically dispensed, helping to give customers the convenience of getting whatever they want on the go and giving retailers the advantage of saving money over the construction of a brick-and-mortar franchise.
The kiosks, which combine creativity, technology, and robots, are used to market various products in high-traffic locations like airports, shopping centers, and train stations. While offering convenience to customers, kiosks also allow businesses to show and sell a variety of goods, including DVDs, books, gadgets, and other culinary items.
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a _____ is a reasonable estimate of the amount of time needed to perform a task based on an analysis of the work by an operations expert.
A standard time is a reasonable estimate of the amount of time needed to perform a task based on an analysis of the work by an operations expert.
What is the standard time in accounting?The number of standard hours authorized is the number of hours of work time that should have been used during a fiscal period. It is calculated by multiplying the number of units produced by the standard hours per unit.
The time allotted to an operator to complete the specified task under the specified conditions and at the defined level of performance is referred to as standard time. This is how normal time is defined. To arrive at the usual time of a task, some additional time is added to the primary time.
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What is the most important part of business?.
Business enhances people's lives in two different ways. For starters, it supplies individuals with high-quality goods as well as services that they require overall their enjoyment, comfort, as well as health.
Second, a business provides people with chances to create income and enhance their quality of life.
The executive summary was, without a doubt, the most crucial component of a business plan. It should be brief, precise, and well-written. Many of the individuals who read their business plan would determine whether or not to keep on reading based only on the executive summary.
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in the united states, under what rule or doctrine may targets take antitakeover actions that are reasonable and proportional to perceived threats to shareholder interests?
In the united states, under unocal standard rule or doctrine may targets take antitakeover actions that are reasonable and proportional to perceived threats to shareholder interests.
A shareholder is any individual, agency, or institution that owns shares in a employer's stock. A enterprise shareholder can maintain as low as one share. Shareholders are issue to capital profits (or losses) and/or dividend payments as residual claimants on a firm's earnings.
A shareholder of a enterprise is an man or woman or felony entity this is registered by means of the organization as the felony owner of shares of the share capital of a public or personal organisation. Shareholders can be referred to as contributors of a agency.
A shareholder is a person or institution that has invested cash in a corporation in trade for a “proportion” of the possession. That possession is represented by way of common or preferred stocks issued via the organization and held (i.e., owned) by the shareholder.
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3. why are so many ineffective systems in place in organizations? how would you set about to change this if you were in charge of an organization?
There are many reasons why this could happen including a lack of faith between departments, the feeling by 1 department that else department is helpless of performing its position or incompetent management in the departments. The departments diversion the organizational structure and communication start to break down.
The changes this if i in charge of an organization will be :-
Be specific with facts in hand. It is prime to confront to your worker about their respective performances.
Consider the needs of your worker.
Focus on comment.
Provide Act Support Technology.
Offer an honor and recognition.
Communication is usually defined as the transmission of data. The term can also mention just to the news communicated or to the field of query studying such transmissions. There are many disagreements about its accurate definition.
What are the 4 types of communication?
There are 4 basic presenting styles are: passive, aggressive, passive-aggressive and assertive. It is important to realize each communication style, and why personal use them.
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suppose a bank has $400 in reserves. the reserve requirement is 8% and the bank has $5 of excess reserves. how much has been deposited in the bank?
$4,937.5 billion has been deposited in the bank if a bank has $400 in reserves. the reserve requirement is 8% and the bank has $5 of excess reserves.
How do we calculate this?We have reserves of $400 billion, excess reserves at $5 billion, and necessary reserves worth $395 billion. We also know that Required Reserves = RRRDeposits, thus $395 billion equals 0.08 Deposits.Calculating for Deposits: $395 billion/0.08 = $4937.5 billion.
What are considered surplus reserves?Capital reserves stored in excess of what is required by regulators, creditors, or internal controls are known as excess reserves by a bank or financial institution. Excess reserves for commercial banks are compared to standard reserve requirement amounts established by central banking authorities.
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profit margin measures how efficiently an investment center generates sales from its invested assets.
Investment center income earned per dollar of sales. Profit margin shows the profit earned on every dollar of sales.
How is the profit margin at an investment center determined?
We compute it by dividing an investment center's operating income by its operating assets. Operating assets are all the assets that the corporation had to transfer to the investment center during that time, whereas Operating Income is the money that the division made during that month.
A profit center is a division in charge of expenses and income. An investment center is a division in charge of expenses, earnings, and asset investments. Depending on the kind of responsibility center being managed, different performance metrics are utilized to assess managers.
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What is the nature of business cycle?.
The business cycle is the process natural expansion and contraction of goods and services production and output that occurs over time.
What is business cycle?The cycle has four stages: expansion, peak, contraction, and trough. GDP, interest rates, total employment, and consumer spending can all help determine where the economy is in its life cycle.The rise and fall of an economy's GDP defines the beginning and end of a business cycle, also known as an economic cycle or a trade cycle.The business life cycle is the progression of a business over time in stages, which are most commonly divided into five stages: launch, growth, shake-out, maturity, and decline.The business cycle is caused by supply and demand forces—the movement of the gross domestic product GDP—the availability of capital, and future expectations. This cycle is commonly separated.To learn more about business cycle refer to :
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suppose a new production method will be implemented if a hypothesis test supports the conclusion that the new method reduces the mean operating cost per hour. a. state the appropriate null and alternative hypotheses if the mean cost for the current production method is per hour.
a)The claim is that the mean operating cost per hour is decreased by the new production process.
What are the repercussions of making this mistake? The following hypotheses apply if we are comparing the average production costs of the new production method (1) with the average production costs of the old production method (2):H₀: μ₁ ≥ μ₂H₁: μ₁ < μ₂\sb.b) When the null hypothesis is rejected when the hypothesis is true, a type I mistake arises.The average operating cost per hour of the new production method must be at least equal to the average operating cost per hour of the old production method in order for the null hypothesis to be true in this situation.If the theory is found to be incorrect, the business will proceed on the premise that the new production process will result in lower average costs per hour.They may decide to change the production process as a result, which would result in operational costs per hour that are equivalent to or higher.c) When the null hypothesis is not rejected even when it is untrue, you make a type II error.The alternative hypothesis is valid if the null hypothesis is untrue.In this instance, it indicates that the new production technique's average operating expenses per hour are lower than those of the previous production method.Failure to reject this erroneous null hypothesis will result in the company continuing to use the old approach despite the fact that switching to the new one would actually result in lower expenses.To learn more about hypothesis test refer
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on december 31 spearmint, incorporated, issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. after recording the related entry, bonds payable had a balance of $450,000 and premium on bonds payable had a balance of $11,795. spearmint uses the straight-line bond amortization method. the first semiannual interest payment was made on june 30 of the next yearplete the necessary journal entry for june 30 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
The official record of every company activity is a journal entry. A transaction is, in the broadest sense, any financial activity that has an impact on the firm.
The entries in the journal as of June
30 will result in a credit to the Cash Accounts and a debit to the Interest Expenses and Premium Accounts. Additionally, the Bond Ac, Premium on Bonds, and Proceeds Account will both be debited.
The following will be the journal entries for the specified accounting transaction in Spearmint Inc.'s books:
Interest expense Ac. Dr.
18,284.17
High-end Ac. Dr.
1,965,83
To cash account 20,250
Proceeds Ac. Dr
461,795
To Bonds Payable Upon Ac.
450,000
To Bond premiums are due to Ac.
11,795
The official record of every company activity is a journal entry. A transaction is, in the broadest sense, any financial activity that has an impact on the firm.
They encompass all exchanges involving the movement of money, including interest payments, depreciation, costs, and payroll. They encompass more than just the exchange of goods and services. Instead of being processed automatically like invoices or cash receipts are, general journal entries are manually entered into the general ledger.
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a curve showing the average total cost for different levels of output when at least ___ input of production is fixed, typically plant capacity, is the short-run average cost curve
one
A curve showing the average total cost for different levels of output when at least One input of production is fixed, typically plant capacity, is the short-run average cost curve.
A cost curve is a graph that shows the costs of production as a function of the overall amount produced in economics. A cost curve is the end result of productively efficient enterprises in a free market economy optimising their production process by minimising cost consistent with each feasible level of production.
Cost curves are used to determine output volumes by profit-maximizing businesses. There are several distinct kinds of cost curves that are all connected to one another, such as total and average cost curves, marginal cost curves that are equal to the difference between total and marginal cost curves, and variable cost curves. While some apply in the near term, others do so in the long term.
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your company wants to ensure that users cannot access usb mass storage devices. you have conducted some research online and found that if you modify the hkey local machine\system\currentcontrolset\services\usbstor key, it will prevent usb storage devices from being used. which of the following tools should you use to modify this key? rds mmc regedit msconfig see all questions back next question
Use one or more of the following procedures, as appropriate for your situation, to prevent users from connecting to USB storage devices.
If the computer does not already have a USB storage device installed,
If the computer does not already have a USB storage device, assign the user or group as well as the local SYSTEM account. Deny access to the following files:
%SystemRoot%\Inf\Usbstor.pnf
%SystemRoot%\Inf\Usbstor.inf
Users will be unable to install a USB storage device on the computer if you do this. Follow these steps to grant a user or group Deny permissions to the Usbstor.pnf and Usbstor.inf files:
Launch Windows Explorer and navigate to the %SystemRoot%Inf folder.Click Properties after right-clicking the Usbstor.pnf file.Navigate to the Security tab.Add the user or group for whom you want to deny permissions to the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list.Note Add the System account to the Deny list as well.Select the SYSTEM account from the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list, then click OK. Click Properties after right-clicking the Usbstor.inf file.Navigate to the Security tab. Add the user or group for whom you want to deny permissions to the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list. Select the SYSTEM account from the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list, then click OK.Learn more about "Storage Devices" here https://brainly.com/question/4170730
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which of the following would be a reasonable basis for assigning the materials handling costs to the units produced in an activity-based costing (abc) system?
Number of components per completed unit would be a reasonable basis for assigning the materials handling costs to the units produced in an activity-based costing (abc) system.
Activity-Based Costing System is utilised to allocate indirect costs incurred in the manufacture of a product. Activity-based costing allocates expenses based on the activities allocated to a product. Activity-based costing enhances the product's accuracy and focuses on the product's costs per activity. Material costs and the number of actions necessary to generate a product comprise the allocation base. Material handling costs encompass all production-related expenditures, from the purchase of raw materials to the delivery of finished goods to the client. The quantity of components per completed unit is the suitable cost driver for assigning material handling expenses.
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which of the following options represents the advantage(s) of making a purchase with a credit card instead of cash? select all that apply. the credit card can be used for electronic payment. the credit card purchase can include interest fees. the credit card can be replaced if lost or stolen. the credit card can be used for a payment by mail.
The benefit of using a credit card to make a transaction over cash is that electronic payments may be made using a credit card.
Explain about the Credit card?A credit card is a sort of credit facility that banks offer to consumers to enable them to borrow money up to a pre-approved credit limit. It makes it possible for customers to buy goods and services.
Thankfully, the majority of cards can be divided into three main groups depending on the advantages they provide: rewards credit cards, low interest and balance transfer cards, and cards for establishing credit.
Earn benefits like miles or cash back. the prevention of credit card theft. Free credit score details. zero foreign transaction costs. increased capacity for purchases.
The Credit Limit, also known as the Credit Card Limit, is, to put it simply, the most money that a person is permitted to charge to their Credit Card. The issuing company establishes this limit.
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a portfolio is comprised of 60% of stock a and 40% of stock b. consider the following information, what is the expected return of the portfolio? g
The expected return of the portfolio is 7.8%.
Calculation for expected return
State of Economy Probability(P) Expected Return(x) P(x) = (P*x)
Boom 0.0500 28.0% 1.40%
Normal Economy 0.8000 14.0 11.20%
Recession 0.1500 -32.0% -4.80%
7.8%
Expected return of A = 7.8%
A portfolio is a cornerstone of making an investment withinside the markets. A portfolio is comprised of the numerous positions in stocks, bonds, and different property held, and is considered as one cohesive unit. The anticipated go back is the earnings or loss that an investor anticipates on a funding that has recognized historic quotes of go back (RoR). It is calculated through multiplying ability effects through the probabilities of them happening after which totaling those results.
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the excess return required on a risky investment over that of a risk-free investment is called the:
The investment return that an asset is anticipated to generate over and above the risk-free rate of return is known as a risk premium. Investors receive compensation in the form of an asset's risk premium.
What three forms of returns on investment are there?Bonds, GICs, savings accounts, and other investments all provide interest and dividends. Capital gains are shared by investors when certain equities pay dividends. If you're an investor, you can sell investments like stocks or bonds.
What is the risk associated with return on investment?An investment idea known as the risk-return trade-off suggests that the potential benefit increases with risk. Investors must take into account a variety of aspects, including as their general risk tolerance, their ability to replenish lost cash, and more, to determine the right risk-return trade-off.
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To determine the value of a rights offering, the stockholder needs to know the following two pieces of information in addition to the current stock price: A) subscription price and the number of rights needed to acquire a new share.
B) current market price per share and the number of rights needed to acquire a new share.
C) current market price per share and the standby fee.
D) detachment date and the subscription price.
E) the number of rights needed to acquire a new share and the number of shares currently owned.
Answer: the subscription price and the number of rights needed to acquire a new share.
In addition to the current stock price subscription price and the number of rights needed to acquire a new share. Existing shareholders can participate in a public company's rights offering at a fixed price known as a subscription price.
The word could also be used to describe the price at which a stock's warrant holders can exercise their rights. Along with debt offers, a company's may issue warrants at various points in time. a request for the general public to purchase fresh shares of a corporation. The amount that subscribers to the subscription price offering will initially pay per share of holding company conversion stock.
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Arkansas Company is preparing its statement of cash flows using the indirect method. Refer to the following information:
1. Repayments on Longminusterm Notes Payable $ 59 comma 000
2. New borrowing on Longminusterm Notes Payable $ 25 comma 000
Which of the following statements is correct?
A.
Net cash used for financing activities is $(34 comma 000).
B.
Net cash used for investing activities will is $ 59 comma 000.
C.
Net cash provided by financing activities is $ 34 comma 000.
D.
Net cash provided by investing activities is $ 34 comma 000.
Arkansas Company is preparing its statement of cash flows using the indirect method. This is because the Net Cash used for financing activities is $(34 comma 000). Hence, option B is appropriate.
What is the meaning of Financing?The discipline of financing is the examination of money, money systems, and capital assets. It is associated with economics, which is the study of the generation, circulation, and consuming of money, assets, goods, and services, but it is not the same as economics.
The process for raising capital or finances for any type of spending is known as financing.It is the process of allocating different financial resources, such as credit, loans, and invested capital, to the areas of the economy that may most benefit from them.
Hence,option B is correct.
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using a perpetual inventory system, the entry to record the purchase of $30,000 of merchandise on account would include a
Using a perpetual inventory system, the entry to record the purchase of $30,000 of merchandise on account would include a debit to merchandise inventory.
What is the perpetual inventory system?A perpetual inventory system, as opposed to a physical inventory, is a program that continuously assesses your inventory based on your electronic records. This approach starts with a physical count as a baseline and updates based on receipt of purchases and shipment of goods.
It promptly logs all scanned transactions as they happen onto the system. Firms can readily calculate the current and necessary stockpile in this method.
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the length of time between the payment for inventory and the collection of cash from receivables is called the:
The length of time between the acquisition of inventory and the collection of cash from receivables is called the: operating cycle.
what is inventory?Inventory means all the items, goods, goods and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. Inventory is an accounting term that refers to goods in various stages of manufacturing and ready for sale. Finished goods (available for sale) Work-in-progress (i.e., in the manufacturing process) Raw materials (used to produce the next finished product)The four most commonly used inventory types are raw materials, work in process (WIP), finished goods, maintenance, repairs and overhauls (MRO). Understanding the nature of your inventory will help you manage it better and smarter.To learn more about inventory from the given link :
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which of the following is a microeconomics question? 1) what determines the level of u.s. imports and exports?
The question that how will Apple decide on a selling price for the iPad is a question of microeconomics.
The social science of microeconomics investigates the consequences of incentives and choices, particularly how they influence the allocation and utilization of resources. Microeconomics explains why and how different things have varying values, how people behave and profit from effective production and trading, and how individuals may work together and cooperate best.
In general, microeconomics offers a fuller and much more deep knowledge than macroeconomics. The subject of microeconomics focuses just on probabilities (tendencies) that result from people making decisions in response to shifting motivations, prices, commodities, and/or production processes. Microeconomic subgroups for independent actors, like customers, dealers, and businesspersons, are frequently formed.
The complete question is here:
Which of the following is a microeconomics question?
A) Why do economies experience periods of recession?
B) what determines the level of u.s. imports and exports?
C) Why has growth in the economy slowed down over the past decade?
D) How will Apple decide on a selling price for the iPad
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According to the "feedback critique": Multiple Choice 13 O market structure may affect the firm's conduct O the conduct of firms in an industry may affect the firm's performance. O All of the statements assOciated with this question are correct O the conduct of firms in an industry may affect the market structure.
According to the feedback critique (D) All of the statements associated with this question. It is because the major element of business such market structure, firm's performance, and also the conduct of forms is unity.
Feedback generally can be defined as highly subjective, difficult to measure. Feedback usually contains statements that start with the phrases “I don't like” or also “I like” . In a firms or cooperation, critical feedback usually used to help attain positive outcomes by providing an individual with suggestions, comments, advice, critiques appropriate for their life, work or future. So that based on feedback critique, they are inseparable and mutually exclusive.
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hich of the following is the best description of the u.s. tax system? group of answer choices the u.s. tax system is consistently progressive. the u.s. tax system is consistently regressive. the federal income tax is regressive, but sales, property, and other taxes tend to be progressive. the federal income tax is progressive, but sales, property, and other taxes tend to be regressive.
In its whole, the United States has a progressive taxation structure. A progressive tax system is one in which a person's tax burden tends to increase as their income does. the federal income tax is regressive. While sales, property, and other taxes can be regressive, the federal income tax is progressive.
In addition to paying more taxes overall, people with higher incomes also pay higher tax rates. The federal income tax in the United States is levied by the Internal Revenue Service (IRS) on the yearly profits of individuals, corporations, trusts, and other legal entities. Federal income taxes are due on all forms of income that go toward a taxpayer's taxable income, including wages, salaries, commissions, bonuses, tips, investment income, and some types of unearned income. The US has progressive individual federal income tax rates,
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True or False: Investment income includes gross income from interest, annuities, and royalties not derived in the ordinary course of a trade or business but does not include any income taken into account when calculating income or loss from a passive activity.
True, Capital gains and losses, interest, dividends, annuity income, and royalty income not earned in the regular course of a trade or business are all included in portfolio income, which is money received through investments of this type in the investment income
What is investment incomeInterest, dividends, capital gains from the sale of stocks or other assets, and any other profit from an investment type are all examples of investments income. In addition, dividends paid from stocks owned by mutual funds as well as the proceeds from the selling of gold coins are all regarded as forms of investment income.
However, unless the taxpayer elects to have this income taxed at regular tax rates, capital gains and dividends subject to the preferential tax rate are not considered to be investment income for the purposes of determining the deductibility of investment interest expenditure.
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True, Capital gains and losses, interest, dividends, annuity income, and royalty income not earned in the regular course of a trade or business are all included in portfolio income, which is money received through investments of this type in the investment income.
What is investment income?Interest, dividends, capital gains from the sale of stocks or other assets, and any other profit from an investment type are all examples of investments income. In addition, dividends paid from stocks owned by mutual funds as well as the proceeds from the selling of gold coins are all regarded as forms of investment income.
Therefore, unless the taxpayer elects to have this income taxed at regular tax rates, capital gains and dividends subject to the preferential tax rate are not considered to be investment income for the purposes of determining the deductibility of investment interest expenditure.
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Your oldest sister just moved and wants a ninja foodi 8qt air fryer for her new place. How much would your mom save by buying this item on black friday?.
The Ninja Foodi 4-in-1 8-qt. 2-basket Air Fryer with DualZone Technology, DZ100WM, normally sells for $159.99, but thanks to Black Friday sales, your mother could get it for for $99.00, saving her $60.99.
Describe black friday.The Friday following Thanksgiving in the US is known as "Black Friday." It marks the beginning of the Christmas holiday shopping season, which lasts through the end of December. Black Friday affects society in both good and bad ways. The benefit is that most retail establishments are able to increase their profits by slashing the prices of most consumer goods while also getting rid of excess stock, but from the consumer's point of view, Black Friday sales have a detrimental psychological effect on customers.
Being inundated with steep discounts on nearly all consumer goods at retail stores and online marketplaces across the United States is changing people's spending patterns, leading them to make impulsive purchases and ultimately end up buying a variety of items they don't actually need in the belief that they are saving money.
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when a minor enters into a contract, the minor has which of the following rights? multiple choice the minor has the right to disaffirm the contract only after reaching the age of majority. the minor may disaffirm part of the contract before reaching the age of majority and then ratify the remaining provisions of the contract after reaching the age of majority. the minor has the right to disaffirm the contract before or within a reasonable time of reaching the age of majority. the minor has a right to ratify the contract before reaching the age of majority if the adult party agrees.
The minor enters into a contract, the minor has which of the following rights because their contracts are voidable]
minors have the right, until a reasonable time after reaching the age of majority, to disaffirm or void their contracts.
A mistake that occurs when one party to a contract is mistaken as to a material fact.
Minimum mental ability required by law for a party to enter into a contract and be obligated by it is known as the "contractual capacity." Three categories of people are recognised by common law as lacking adequate capacity to be obligated by their contracts:
Unmarried individuals under the age of eighteen (18) are generally permitted to engage into any contract that an adult may, provided that the contract is not one that is expressly forbidden by law for minors (e.g., agreement to purchase cigarettes or alcohol). Contracts entered into by minors, however, are typically voidable by the minor, unlike those entered into by adults.
Mentally Sick or Incompetent People: Agreements made by people who, at the time of contracting,
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Please help asap!! thank youuuu
The total balance of the account in 40 years is $65,714.90.
The amount that Pamela contributed is $48,000.
The interest that Pamela earned is $214,631.41
The balance in Pamela's account is higher because she earned a higher rate of return than Raul.
What is the total balance?An annuity is when a series of payment is made over a period of time.
The amount of money that has in his account would increase at a compound rate each month. Compound growth is when the amount that Pamela saves and the interest he has earned increases in value each month.
The formula that can be used to determine the future value in Pamela's account is:
Future value = Monthly deposit x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
n = number of periods = number of years x compounding period = 40 x 12 = 480 r = interest rate= 7% / 12 = 0.583100 x [{(1.00583^480) - 1} / 0.00583}] = $262,631.41
Total amount contributed = monthly deposit x number of periods
100 x 480 = $48,000
Interest = future value - amount contributed
$262,631.41 - $48,000 = $214,631.41.
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Devin is tasked with a long-term goal of building his brand’s customer base. Which of these ad types can help build brand awareness by featuring a custom headline, logo, and set of products?Custom ads
Video ads
Sponsored Products
Sponsored Brands
Sponsored Brands are cost-per-click (CPC) advertisements that include your brand's logo, a unique headline, and numerous items.
Explain about the Advertisement?A public communication that promotes a good, service, brand, or event is commonly referred to as an advertisement, sometimes known as an advert or ad. Some people consider the word to include any paid communication intended to enlighten or influence, which is an even larger meaning.
A surefire way to reach an audience is through advertisements. Advertisements can have a direct impact on business if they are well-crafted and cost-effectively reach your target audience.
In order to advertise a good, service, or cause, advertising involves buying space. Ads, as in short for advertisements, are the real promotional messaging. Reaching those who are most likely to be prepared to pay for a company's goods or services and persuading them to do so is the aim of advertising.
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