Business, 18.08.2020 18:01 issacurlyheadka
Which of the following is considered a capital asset for federal income tax purpose?
a) Accounts receivable acquired in the course of your business
b) Land used in your business
c) Furniture and equipment used in your business
d) Stock in trade
e) Automobile held for personal use
Answers: 3
Business, 22.06.2019 02:20
Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?
Answers: 2
Business, 22.06.2019 11:10
Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?
Answers: 3
Business, 22.06.2019 14:30
What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
Business, 22.06.2019 15:20
Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
Answers: 3
Which of the following is considered a capital asset for federal income tax purpose?
a) Accounts re...
Mathematics, 20.08.2019 13:30
Social Studies, 20.08.2019 13:30
Mathematics, 20.08.2019 13:30
History, 20.08.2019 13:30
Mathematics, 20.08.2019 13:30
Biology, 20.08.2019 13:30
Mathematics, 20.08.2019 13:30
English, 20.08.2019 13:30
Engineering, 20.08.2019 13:30
Mathematics, 20.08.2019 13:30