1.Used equipment, 4.New Office furniture, 5.New Delivery Truck are the assets purchased in the current year are eligible to be expensed under Section 179 assuming the cost does NOT exceed the limitations.
1. Confirm that your asset is eligible:
(To qualify for a Section 179 deduction, your asset must be.)
Tangible. Section 179 applies to tangible items including furniture, machinery, and the majority of computer software. Unlike patents or copyrights, intangible assets do not. Although some equipment that is attached to the structure, such as fire suppression systems, alarms, and air conditioning units, does qualify, buildings and land do not.Purchased. Leasing property is not acceptableUsed in your company more than 50%. An asset that is utilized mostly for personal purposes but sometimes for business purposes is ineligible.It should not received from an authorized source. This includes your siblings, spouse, parents, grandparents, great-grandparents, descendents, corporations, trusts, and charitable organizations.To know more about Section 179
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Carl puts $10,000 into a bank account that pays an effective annual interest rate of 4% for ten years, with interest credited at the end of each year. If a withdrawal is made during the first five and one-half years, a penalty of 5% of the withdrawl is made. Carl withdraws and amount (X) at the end of years 4, 5, 6 and 7. The balance in the account at the end of year 10 is $10,000.
Calculate the amount withdrawn (X).
The amount withdrawn (X) be 980 dollars.
What is meant by annual interest?The cost of borrowing money annually, including fees, is stated as a percentage and is known as the annual percentage rate (APR). The APR is a more comprehensive indicator of how much borrowing money will cost you because it includes both interest rates and application fees.
Instead of just a monthly fee or rate, the term annual percentage rate of charge refers to the interest rate for the entire year as applied to a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is a financial fee that is calculated at an annual rate.
The amount = puts in the bank is 10000
Interest rate, 4% = 0.04
Penalty = 0.05
To estimate the value of K,
10000 x 1.04¹⁰ - (1.05k(1.04⁶) - 1.05k(1.04)⁵ - (k(1.04)⁴ - k(1.04)³) = 10000
10000 x 1.04¹⁰ is approximately 14802
When solve out 1.05k(1.04⁶) - 1.05k(1.04)⁵ - (k(1.04)⁴ - k(1.04)³)
We get 4.9k,
simplifying the above equation, we get
14802 - 4.9k = 10000
14802 - 10000 = 4.9k
4802 = 4.9k
Divide through by 4.9, we get
4802/4.9 = 980 dollars
Therefore, the amount withdrawn (X) be 980 dollars.
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All of the following are factors considered when evaluating municipal revenue bond credit risks EXCEPT:
A] Quality of management
[B] Competing facilities
[C] Interest rate movements
[D] Coverage ratios
All of the following are factors considered when evaluating municipal revenue bond credit risks Except Interest rate movements.
What is municipal revenue bond?A revenue bond is a particular sort of municipal bond that differs from other types of bonds in that it guarantees repayment entirely from revenues generated by a specific revenue-generating entity linked to the purpose of the bonds, as opposed to from taxes. Municipal government operations and public works initiatives, such as the construction of new schools or the upkeep of city sewer systems, are funded in part by municipal bonds issued by local and state governments. Municipal bonds, often known as "munis," are debt securities issued by states, cities, counties, and other local bodies to pay for ongoing expenses as well as to fund capital projects like constructing schools, roadways, or sewage systems. Among municipal bonds, revenue bonds are one kind.To learn more about municipal revenue bond refer to:
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true/false. the presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit
Competition is the presence in a market of independent buyers and sellers who compete with one another and who are free to enter and exit the market as they each see fit.
Who are independent buyers?
The term "independent buyer" refers to a buyer who is not connected to the importer in any way. This includes having no business or production partnerships with the importer, sharing no affiliations with other companies, and not being directly or indirectly under the control of outsiders or relatives. A person who accepts a transfer of ownership of products or services from a direct sales operator and offers to sell those products or services directly to customers is referred to as an independent buyer. The grouping of buyers does not affect prices. Standardized. Items: The majority of products are identical. Market Entry and Depart Freedom: Producers are free to enter and exit markets without hindrance.
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A 65-year old man is retired and living on social security. He is married and his wife does not work. The client has inherited a small amount of money that he wishes to invest. What should you recommend as an investment?
The majority of CDs typically pay interest either daily or monthly.
Are CDs principal protected?If held to maturity and the issuer is able to meet its obligation, investors' principal is fully protected by Principal-Protected Notes and CDs. They give cautious investors the chance to take part in an underlying asset's growth potential.
Compound interest, or the periodic addition of interest earned to principal, is a feature of CDs similar to savings accounts. The new sum then earns interest on its own, and so forth.
The majority of CDs typically pay interest either daily or monthly. Some CDs do, however, pay interest on a quarterly or annual basis. Once more, everything is based on the CD's terms.
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the council of elrond has decided to increase taxes, and the central bank of elrond has decided to conduct open market purchases of financial assets. assuming that wages are sticky, which of the following best describes the impact of these actions on real output and the price level?
Real output will decrease; the price level will decrease, Real output will decline as a result of the activities, and so will the price level. Because wages are fixed, there will be less demand, which will result in less output.
Real output and the price level are expected to be negatively impacted by the combination of raising taxes and buying financial assets on the open market. On the one hand, raising taxes lowers overall demand and might result in a drop in actual production. Open market purchases, on the other hand, expand the money supply, which can encourage spending and raise real production. However, if wages are sticky, an increase in the money supply might result in a prolonged rise in prices, which would raise the price level and lower the real value of money while also lowering real production. The proportional intensity of these conflicting pressures will determine the overall impact on actual output and price level.
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FILL IN THE BLANK the freedom to make purchases as desired and to work and live independent of extensive controls by the government is a basic _____ in a free market society.
The freedom to make purchases as desired and to work and live independent of extensive controls by the government is a basic cultural value in a free market society.
What is Freedom?
Freedom is frequently equated with liberty and autonomy in the sense of "making one's own laws," as well as with having rights and the civil liberties to exercise such rights without the government interfering excessively.
We have the flexibility to do whatever we want in order to better our lives, our financial conditions, and the world in general. Because of this, freedom is crucial because it often runs our world without our knowledge. Because each person is unique, freedom also fosters and welcomes diversity.
Most people agree that the First Amendment is the most significant clause in the Bill of Rights. It safeguards the freedom to hold diverse beliefs and to express them in a variety of ways, which are essential rights of conscience.
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TRUE/FALSE. companies usually restrict the use of electronic mail to company business but do allow minimal use for personal reasons.
Companies usually restrict the use of electronic mail to company business but do allow minimal use for personal reasons. This is true statement.
Why do businesses and companies differ from one another?The liability of a corporation is uncapped. As a result, creditors may bring a personal injury lawsuit against owners. However, a company's liability is constrained. Directors and stockholders are not held personally accountable if the company is sued by creditors.
Are businesses also companies?A business's and a company's differences. A company's legal framework is what distinguishes it from a business. A business is a person or group of persons who are engaged in commercial activity under the name of a firm, not a separate legal organization.
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FILL IN THE BLANK. the advertising department of an organization must communicate with the ___ department to determine which product features are needed by customers.
A company's marketing research department must speak with its advertising department to determine which product features are desired by customers.
What is marketing research?Consumer behavior and economic trends are combined in market research to support and enhance your business concept.
Understanding your customer base from the start is essential.
Even when your company is still only a vision in your mind, market research allows you to lower risks.
To ascertain which product attributes are required by customers, a company's advertising department must consult with its marketing research department.
Primary market research frequently involves interviews, which can range from in-depth discussions to straightforward questions.
When a company phones a current client to inquire about how they are enjoying a product they recently bought, that is an example of a market research interview.
Therefore, a company's marketing research department must speak with its advertising department to determine which product features are desired by customers.
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fill in the blank. identify whether each of the following transactions will take place in the factor marketloading___or in the product marketloading___and whether households or firms are supplying the good or service or demanding the good or service.
Whether households or businesses are supplying the good or service or are in need of the good or service, the following transactions will occur in the factor market loading Factor Supply or in the product market loading Demands.
The "give and take" of microeconomics is supply and demand. What suppliers and manufacturers are ready to grow and what consumers are willing and able to purchase are determined by market economic factors.
Generally speaking, supply is thought to slope higher because suppliers are prepared to create more when prices rise. In general, demand is thought to slope downward since consumers tend to buy less when prices are greater.
The demand for pizza from the first business would decline if there was only one pizza restaurant in a community before a second one appeared.
Throughout the year, the demand for gasoline frequently affects the price of gasoline. Gas costs typically increase in the summer as more people drive.
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anna is an account rep for a financial firm and has submitted a ticket in the company ticketing system to resolve an issue with a high-profile customer's account. the account is frequently losing important financial transactions. she has filled out the following information on the ticket:
No, this action provides what the support operator needs to help resolve the ticketing system issue.
An organization employs an issue ticketing system to keep track of the discovery, reporting, and response of client tickets. Platforms for customer messaging are very different from ticketing services. Every time a user submits a question, ticketing solutions start a new dialogue.
For customer support representatives, it is quite challenging to understand the context of other discussions that are taking place. Reservations do not automatically grant a passenger the right to travel.
A ticket that is connected to the registration and entitles the passenger to travel is only provided after the airline has the cash or a ticket redeems miles or points. A management tool known as a ticketing system processes and logs client requests.
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Complete question:
Anna is an account rep for a financial firm and has submitted a ticket in the company ticketing system to resolve an issue with a high-profile customer's account. The account is frequently losing important financial transactions. She has filled out the following information on the ticket:
Customer's name and contact information Relevant problem information
After waiting three days, the ticket is assigned to a tier-two support operator and set to an in-progress status. In addition, the operator sends the ticket back to Anna with a request for information about her work computer. She is frustrated because a resolution to the issue is not being addressed. Anna adds additional information in the ticket description about the importance of resolving the issue immediately. She also includes the make and model of her work computer and then sends the ticket back to the support operator. Does this action provide what the support operator needs to help resolve the ticketing system issue?
Which of the following graphical depictions are useful to observe the shape (distribution) of a data set for a single variable?O Scatterplot, O Stem-and-leaf diagram, O Histogram, O Polygon
The three graphical representations—a polygon, a histogram, and a stem-and-leaf diagram—are helpful for observing the shape (distribution) of a data set for a single variable.
A histogram is what?How frequently each distinct value appears in a set of data is shown by its frequency distribution. A histogram is a graph that is used the most frequently to show frequency distributions.
Despite how much it resembles a bar chart, there are important differences. This helpful data-gathering and analysis tool is one of the seven core quality tools. When to use a histogram
The info is numerical.When establishing whether the output of a process is distributed roughly regularly, you want to see how the data are dispersed.Evaluating a method's ability to meet the needs of the consumer.Learn more about histograms with the help of the given link:
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TRUE OR FALSE wholesalers may resell product to all retail channels. however, at the beginning of the simulation, they do not sell to the web-based / other home delivery channel.
The statement that " wholesalers may resell product to all retail channels. however, at the beginning of the simulation, they do not sell to the web-based / other home delivery channel" is true.
How do wholesalers resell ?Wholesalers typically sell products to various retail channels, including brick-and-mortar stores, online retailers, and other distributors.
However, it is possible that at the start of a simulation or in a particular scenario, a wholesaler may choose not to sell to a specific retail channel, such as the web-based or home delivery channel, for strategic or business reasons.
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the wives of the wealth businessmen of the gilded age notably pursued which of the following activities?
Among middle-class and upper-class women in America during the Gilded Age, charitable activity was also expected of them socially.
What did large corporations do during the Gilded Age?When new energy sources like the steam engine, coal, and electricity powered the machinery in larger factories that centralised production under one roof, big business expanded in the late nineteenth century. Now, businesses could mass produce standardised products more quickly and effectively.
What were the Gilded Age's wealth-producing industries?technological progress. The United States overtook Britain in industrialisation, ushering in the Gilded Age, a time of economic expansion. The economy of the country was rapidly diversifying into new industries, particularly heavy industry like factories, railroads, and coal mining.
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FILL IN THE BLANK when evaluating how much to produce, increase the quantity produced if the marginal benefit of an additional item is ____ the marginal cost of the additional item.
If the marginal benefit of an additional item exceeds or is equal to its marginal cost when determining how much to produce, the amount produced should be increased.
What does it mean when the marginal cost is more than the marginal revenue?If your company's marginal revenue is higher than its marginal cost, you should increase production levels to improve efficiency and boost overall profit. If marginal cost exceeds marginal revenue, your organization should lower production levels to avoid a loss in profit.
As the marginal benefit increases, what happens?The marginal benefit is the maximum cost a customer will pay for an additional good or service. Another marginal benefit is the increased satisfaction a customer feels after purchasing the extra good or service. When consumption increases, the marginal benefit frequently decreases.
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ate joined needs to be stored to include the month, day, year, hours, minutes. date joined is expected to vary from jan 1, 1950 to latest of dec 31, 2050. which of the following would be the most suitable data type? date day, month, year smalldatetime datetime time
Option C is correct. Smalldatetime stores data in the format of month, day, year, hours, minutes. date.
What type of data type is date?Calendar dates are kept in DATE data types. For DATE data types, four bytes are needed. Internally, the number of days since December 31, 1899 is stored as an integer value for each calendar date. Due to the fact that DATE values are stored as integers, you can utilise them in arithmetic equations.
What is Smalldatetime?In SQL Server, the Smalldatetime data type specifies the date and time. Dates from 1900-01-01 to 2079-06-06 are supported by Smalldatetime. 1900-01-01 00:00:00 is the default setting. Fractional seconds are excluded, and the seconds are always set to zero.
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Which of the following factors would most likely be a limitation of applying business-cycle analysis to global industry analysis?
A. Some industries are relatively insensitive to the business cycle'
B. Correlations of security returns between different world markets are relatively low
C. One region or country of the world may experience recession while another region experiences expansion
Some industries are relatively insensitive to the business cycle most likely a limitation of applying business-cycle analysis to global industry analysis. option [a] is the correct answer for the above statement.
What does a business that is cycle-sensitive look like?
A cyclical industry is one that is susceptible to the business cycle, with revenues typically being higher during times of economic prosperity and development and lower during times of economic collapse.
One drawback of using business-cycle analysis for global industry analysis is that some industries are comparatively insensitive to the business cycle.
Therefore, The major issue with the business cycle is that recessions result in significant resource waste.
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taxes and subsidies matter because they: multiple select question. have unanticipated effects on other markets. increase the disposable income of consumers. stimulate production or collect revenue. increase the volume of trade among countries. increase efficiency in production by altering the allocation of resources. need help? review these concept resources.
Taxes and subsidies are significant because they stimulate economic activity, raise money, and have unintended consequences on other markets.
What do subsidies mean?Governments support or enhance economic activity in a variety of ways, including through subsidies. Anyone trying to get into business, regardless of the industry or level, must have a solid understanding of how subsidies operate.
Government subsidies are monetary gifts given by the government to private organizations or other public bodies in an effort to boost the economy or advance activities that are beneficial to the general public.
Private enterprises are encouraged to engage in economic activities and business initiatives that the government deems to be in the best interests of the general populace through subsidies.
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joanna looks out for good bargains for all her purchases. she once bought a t-shirt that was being sold for $50 and perceived it to be a good deal as everything else was priced higher. however, on her next shopping trip, she dismissed the same t-shirt as expensive as the other apparels were being sold at prices much lower than $50. joanna's varying interpretation of the value and meaning for the same product is an example of . prospecting sensitizing priming distorting contrasting
Joanna's varying interpretation of the value and meaning for the same product is an example of Priming .
Option C is correct.
What's priming? What is a strategy for priming?
The Priming Effect occurs when an individual's response to a subsequent stimulus is influenced by exposure to one stimulus without the individual being aware of the connection. These stimuli frequently have a connection to words or images that people encounter on a daily basis.
Priming, also known as an antecedent strategy, is a prevention strategy in which relevant information is provided prior to a situation or task. Priming can be especially helpful for children who struggle with routine shifts or transitions.
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suppose you deposit $3,400 at the end of year 1, nothing at the end of year 2, $840 at the end of year 3, and $1,390 at the end of year 4. assume that these amounts will be compounded at an annual rate of 15 percent.
Answer:
what is the question? what is the total at the end?
FILL IN THE BLANK Research done by the Gallup Institute examining what makes top achievers in business different from their peers showed that top achievers tended to ______.
Top achievers in business tended to leverage their strengths, according to research by the Gallup Institute on what sets them apart from their counterparts.
What actions is the Gallup company taking?After being purchased by SRI, Gallup modified its business strategy to become a management and research consulting company that helps businesses find and address problems affecting both their employees and customers.
Which of the following viewpoints is more likely to investigate a person's hidden motivations?The psychodynamic frame of view was influenced by the works of Sigmund Freud. This approach on psychology and behavior lays significant attention on the unconscious mind, early experiences, and interpersonal interactions in order to comprehend human behavior and treat mental illnesses.
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nick works at a digital appliances manufacturing company. recently, he invented an adapter for televisions, which when connected would reduce the electricity consumption by half. this adapter worked with the earlier television models that the company manufactured, so the company was able to sell this product to their existing customers and to all their new customers. this is an example of a(n) _______ innovation. group of answer choices radical discontinuouscomponentarchitectural
This is an example of a component innovation.
What is component innovation?
Innovations may involve "architectural" alterations to the way various components of a system are assembled. Examples include a vehicle company, a mobile phone company, and a hospital. And innovations can also occur at the "component" level, which refers to the pieces that make up those systems, such as an automobile's engine, brakes, fuel tank, electrics, etc. Component-level modifications may occur independently, but when the entire architecture is altered, there are frequently significant winners and losers.
Try to separate the modifications into those that are architectural and those that are component-based by looking at case studies from the music or lighting industries.
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(figure: budget lines for tangerines and watermelons) use figure: budget lines for tangerines and watermelons. for some time, albert has $5 per month to spend on tangerines and watermelons. the price of a tangerine is $0.50, and the price of a watermelon is $0.25. which chart shows what will happen to his budget line if the price of a watermelon rises to $0.50?
If his income drops to $2.50, his budget line will be affected because an apple costs $0.25.
What is meant by budget?A budget is a series of calculations for a specific time period, usually a year or a month, however this isn't always the case in the financial world. Expected sales and income levels as well as resource amounts like time, costs, and expenses may be included in a budget. Along with assets, liabilities, and cash flows, it might also incorporate additional effects like greenhouse gas emissions.
Budgets are used by businesses, governments, households, and other groups to quantify their overall plans of action. An articulated budget makes recommendations for distributing money to pay for anticipated costs. deficits, which occur when expenses surpass receipts or other available money, can be carried over for future use.
Therefore, the price of an apple is $0.25 will happen to his budget line if his income decreases to $2.50.
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scarcity multiple choice has been solved in all industrialized nations. has been eliminated in affluent societies such as the united states and canada. persists because economic wants exceed available resources. persists only because countries have failed to achieve continuous full employment.
The scarcity problem persists because economic wants exceed available productive resources.
Economics is the study of scarcity and its effects on the use of resources, the creation of products and services, the development of production and welfare through time, and a wide range of other complicated topics of essential significance to society. A country's economy is made up of its citizens, who purchase goods and services, its companies, who hire people and produce commodities, and its many levels of government, which all engage in the same activities. An economy is simplified as a result of their interactions as a whole. People are the subject of economics at its core. It aims to clarify the motivations behind people's actions, judgements, and responses in the face of challenges or triumphs. Politics, sociology, psychology, and history are all elements of the subject of economics.
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Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1) earned cash revenues of $29,200, (2) paid cash expenses of $13,400, and (3) paid a $1,700 cash dividend to its stockholders. These were the only events that affected the company during Year 1.
Required
a. Record the effects of each accounting event under the appropriate general ledger account headings.
b. Prepare an income statement, statement of changes in stockholders’ equity, and a balance sheet dated December 31, Year 1, for Mijka Company.
Income Statement, Changes in Equity, and the Balance Sheet are important financial statements, which a business prepares to report its financial performance (results), the changes that occur in owners' equity, and the financial position respectively.
What statement of changes in stockholders?
a) Accounting equation to record effects of each event:
1. Assets (Cash) increased $29,500 = Liabilities + Equity (Retained Earnings) increased $29,500.
2. Assets (Cash) decreased $13,500 = Liabilities + Equity (Retained Earnings) decreased $13,500.
3. Assets (Cash) decreased $1,800 = Liabilities + Equity (Retained Earnings) decreased $1,800.
b) Income Statement, Statement of Changes in Stockholders' Equity, and a Balance Sheet dated December 31, 2016:
1) Income Statement for the year ended December 31, 2016:
Sales $29,500
Expenses ($13,500)
Net Income $16,000
Dividend ($1,800)
Retained Earnings $14,200
2) Statement of Changes in Stockholders' Equity:
Retained Earnings b/f $0
Net Income $16,000
Dividend ($1,800)
Retained Earnings $14,200
3. Balance Sheet as at December 31, 2016:
Assets:
Cash ($29,500 - 13,500 - 1,800) $14,200
Liabilities + Equity:
Equity: Retained Earnings $14,200
c) Reason for different terminology to date income statement and balance sheet:
Income statement is prepared for an accounting period. It covers a specified period, while a balance sheet is prepared as at an accounting date. This means that one can prepare a balance sheet daily, or even after each transaction. But, an income statement covers a period of time, say a month, a quarter, or six months, or a year, as the case may be.
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Similarities aboout prolife and red cross
The similarities between prolife and red cross are as follow:
They are both health movementsThey are both health movementsThey are both continuity of human existence.They are both health movementsThey are both continuity of human existence.They are both non governmental organizationThey are both health movementsThey are both continuity of human existence.They are both non governmental organizationThey are both non profit organization.What is prolifeProlife is a movement which advocate against the practice of abortion and its legality. It also means believing that life should be protected from its beginning to natural death in all or most circumstances..
What is Red crossRed Cross is an an international organization that helps people who are suffering and perform humanitarian services. Its mission is to alleviate human suffering, protect life and health, and uphold human dignity, especially during armed conflicts and other emergencies.
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true/false. consider a specific example of the special-interest effect. in 2012, it was estimated that the total value of all corn-production subsidies in the united states was about $3 billion. the population of the united states was approximately 300 million people that year.
The statement "In 2012, it was estimated that the total value of all corn-production subsidies in the United States was about $3 billion. The population of the United States was approximately 300 million people that year" is true.
This is because there are publicly available records and reports indicating that corn-production subsidies in the United States totaled around $3 billion in 2012, and the estimated population of the United States in that year was around 300 million people.
The special-interest effect refers to the situation where certain interest groups, such as corn farmers, receive preferential treatment and financial support from the government.
In this case, the example of the $3 billion in corn-production subsidies in the United States in 2012 illustrates the special-interest effect in action, as this government support is targeted specifically towards corn farmers, rather than being distributed more broadly across the population.
This type of government support can have both positive and negative effects on the economy, depending on how it is managed and distributed.
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A recent Congressional initiative mandated that the U.S. Department of Transportation (USDOT) establish a national traffic information collection system. The marketing manager of a company that provided traffic reports for local radio stations would most likely incorporate this knowledge into its SWOT analysis as
The marketing manager of company that provided traffic reports for local radio station will most likely incorporate the knowledge into SWOT analysis as weakness if company has an existing working relationship with USDOT.
What is marketing?Marketing refers to the activities a business engages in to encourage the purchase or sale of a good or service. Selling and distributing products to customers or other businesses are included in all three of the marketing operations. A company's marketing and promotion team seeks to attract big numbers of potential customers by using advertising. Examples of focused promotions include celebrity endorsements, appealing taglines or slogans, attractive packaging or graphic designs, and general media exposure. Everything a business does to attract clients and maintain connections with them falls under the umbrella of marketing as a discipline. Sending thank-you notes, playing golf with potential clients, promptly responding calls and emails, and dining with clients are a few examples of networking with current or former clients.
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which of the following answer choices accurately reflects how the recording of accrued salary expense at the end of the year affects the financial statements of a business?
Increasing liabilities (salaries payable) and expenses as a result of salary expense results in a decline in net income and stockholders' equity (retained earnings).
How are accrued salaries recorded?The accrued salaries entry results in a credit to the accrued wages (or salaries) account and a debit to the compensation (or salaries) expenditure account. As a liability account, the accrued wages account can be found on the balance sheet.
Which of the following best illustrates how recording incurred expense may impact financial statements for a company?When a corporation records an accumulated expense, it signifies that it does so within the current accounting period but will be paid for during a subsequent accounting period. Consequently, liabilities rise.
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Of brick-and-mortar retailers, online retailers, and warehouse clubs, which collect sales tax on your purchase?
A. brick-and-mortar retailers
B. online retailers
C. warehouse clubs
D. All of these sellers collect sales tax.
D. All of these sellers collect sales tax.
Brick-and-mortar retailers, online retailers, and warehouse clubs are all required to collect sales tax on your purchase if they have a physical presence (such as a retail store, distribution center, or warehouse) in your state. The amount of sales tax collected can vary by state, but the obligation to collect it applies to all types of sellers.
Answer:
its D trust
Explanation:
att company was established in january, year 1. during year 1 the company experienced the following events. collected $6,000 cash from the issue of common stock.borrowed $3,000 cash from the state bank.earned $4,000 of cash revenue.paid $2,000 cash expenses. the company was liquidated at the end of year 1. based on this information
At the conclusion of Year 1, the firm was dissolved. This information would result in the stockholders receiving $8,000 as payment.
A shareholder is a person who owns at least one share of stock or mutual fund unit. The shareholders of the firm, who possess a majority of the company's shares, also have specific rights and obligations. With this ownership structure, they can benefit from a company's success. Two examples of these benefits are dividend payments arising from financial profits or rising stock markets. In contrast, a company's share price would definitely decrease if it had a loss, which might result in losses for investors or a decrease in their holdings. According to the stockholder hypothesis, management is committed to following the business plan and boosting the company's value for the stockholders using any strategy other than deception or fraud.
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