Debts that are owed to others are called Liabilities.
a. True
b. False

The interest of Dennis's treasury bill is not reported on his tax return form 6251, but Form 1099-INT.

Certain taxpayers who make a significant amount of money are subject to the Alternative Minimum Tax (AMT), even though they can use deductions and credits to keep the majority, if not all, of their income from being taxed.  It increases the amount of income that is taxed by adding items that are not typically taxed and by excluding many deductions under the regular tax system.

The AMT is a parallel tax system that runs in the background of the regular tax system. Treasury bills, notes, and bond interest income are taxed federally but not state or locally. However, this income is not taxed on the interest received. Treasury bills, notes, and bond interest income are taxed federally but not state or locally. However, this revenue is not taxed on the interest received.

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Answer:

Holiday Shopping

Explanation:

Many companies use different fiscal years than the traditional calendar year because it allows them to better represent their revenue and expenses.

Examples are retail stores because of the spike of Christmas shopping.

The potential for automation is nearly limitless where menus are reasonably straightforward and provide fewer selections, according to Brian Warrener.

The Emerging Trends (or Trending Terms) is a collection of words that describes the subjects that have gained popularity over the past 24 hours more quickly than any other. By "emerging," we mean becoming more popular among the general public and generating more conversation than any other subject.

Alternatives to meat are nothing new. Since a while ago, restaurants and home grills have offered Impossible Burgers, Beyond Meat Burgers, and other comparable foods. Large fast food outlets are testing vegan nuggets. Pizza businesses are experimenting with vegan pepperoni. Staying on top of trends will enable you to deliver what clients want whenever they want it, encouraging return business and good word-of-mouth.

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Answer:

Q1: $738.00, Q2: $862.00, Q3: $646.00, Q4: $546.00, Total: $2,792.00

Explanation:

There are the three statements was the based on the defines a market/fit hypothesis are:

Who is the target audience?

Products are the fit to the market.

Product is the satisfy the needs and the wants.

What is Hypothesis?

A hypothesis is the investigation of two independent variables. Furthermore, it is evaluated and tested in an analytical phenomenon. A research hypothesis is a proclamation of expectation or prediction that will be tested through research.

According to the hypothesis, there are the three statement was the based on the market/fit. The product and solution fit to the market problems. Product are the fit to the target audience. Product is the satisfy the needs and the wants.

As a result, the three statements was the based on the defines a market/fit hypothesis.

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The journal entry of Department Store for the current year ending December 31 is given below:

Journal entries are the entries made to document the transactions carried out by the company. The books of accounts have a record of every dollar that comes in and goes out. The transactions that are documented are in the book of accounts and are examined and audited for surplus payments or deficits, which are the most frequent errors to be discovered over recording, after they have been made. Below are the diary entries related to the context that are attached.

Date                    Particular                    Amount (Dr)                  Amount(Cr)

1 Dec 2005         cash                                 500                                                                                                                                                               500   2 Dec 31              cash                              798,000

                           Sales                                                                    760,000                            

                    Sales Taxes Payable                                                  38,000

                    (Being sales recorded)                            

3. Dec 10              Delivery   Truck             126,000

                               cash                                                                    126,000   4. Dec 31                 cash                              126000

                               Sales                                                                     2500  

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Answer:

D. Reliability

Explanation:

D. Reliability

Answer:

16 months

Explanation:

on the 16th month she will have 10400

Compared to electronic filing, traditional file organization is more secure, but it still has drawbacks. Typically, electronic files may be accessed across a network, therefore it is feasible for an unauthorized individual to access electronic data via the Internet by employing hacking techniques. Computer viruses and other software security issues can also harm electronic data. On the other hand, electronic data is simple to backup in various locations, minimizing the chance of permanent data loss. Paper files, on the other hand, can be destroyed in fires and floods.

Electronic systems are more sophisticated than traditional file methods, which might make it harder for inexperienced employees to access and change data. To find a file, anyone can search alphabetized filing cabinets. Technical training may be necessary to locate and manipulate information in an electronic database, and user mistakes can lead to unintentional changes or data loss.

Answer: 4

Explanation: All of the above

The purpose, vision, mission, and values statements so important in the strategic planning process as they provide the foundation for everything the company does.

They make sure everyone in the organization is working together.

Option A and C are correct .

Developing a vision and mission statement is critical to the success of any community initiative. These statements concisely describe the group's aspirations, allow the organization to focus on what really matters, and provide a foundation for developing other aspects of the strategic plan.

Vision and mission statements serve as landmarks to help individuals identify with the organization's processes and provide direction, but discourage those unwilling to follow them from participating in the organization's activities.

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The total revenue (TR) for production at quantity (Q) level 4 , given the data on the table, is D. $ 20. 00 .

Total revenue refers to the total returns that a company makes when it sells a certain amount of goods or services . This amount has not been adjusted for expenses yet and is simply what is made from sales . If it is adjusted for expenses, then it becomes known as the total profit from the sale of goods and services .

The formula for the total revenue is therefore :

= Quantity of goods or products sold x Price of each unit of the good or product

At production quantity (Q) level 4, the quantity sold is 4 units and the price per unit is $5.

The total revenue is therefore:

= 4 x 5

= $20

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Answer:

C

Explanation:

Answer:

D. GAAP

Explanation:

Answer:

C. GAAP

Explanation:

Cornell Enterprises is considering a project that has the following cash flow and WACC data. The answer should be -132.63NPV (10%, 450,460,470)+(1275).

A for-profit firm or company is referred to as a "enterprise" in various contexts, although this usage most frequently refers to entrepreneurial endeavors. Successful entrepreneurs are frequently referred to as "enterprising."

There are various types of legal businesses, but the following are the most prevalent in the United States:

A sole proprietorship is a business that is controlled by a single person, usually for that person's profit. This type of business has limitless liability for any damages that come from the activities of the business.

Partnership:  A company controlled by two or more people or entities that share ownership, albeit not necessarily on an equal basis.

Corporation:  A for-profit organization established to protect the owner(s) from responsibility in the event that the business is sued. Depending on the number of owners, companies can take on many forms.

Limited Liability Company (LLC) -  An LLC gives both the tax benefits of a partnership and the legal protection of a corporation.

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b) The probability of receiving at least three e-mails during an hour is of: 0.8754 = 87.54%.

c) The expected number of e-mails received during 15 minutes is of: 1.25 e-mails.

d) The probability that no e-mails are received during 15 minutes is of: 0.2865 = 28.65%.

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following mass probability function defines as follows:

[tex]P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}[/tex]

The parameters are:

The daily mean is of 121 e-mails, hence the hourly mean is of:

[tex]\mu = \frac{121}{24} = 5[/tex]

Then the probability of at least three e-mails during the hour is of:

P(X ≥ 3) = 1 - P(X < 3)

In which:

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2)

Hence:

[tex]P(X = x) = \frac{e^{-\mu}\mu^{x}}{(x)!}[/tex]

[tex]P(X = 0) = \frac{e^{-5}(5)^{0}}{(0)!} = 0.0067[/tex]

[tex]P(X = 1) = \frac{e^{-5}(5)^{1}}{(1)!} = 0.0337[/tex]

[tex]P(X = 2) = \frac{e^{-5}(5)^{2}}{(2)!} = 0.0842[/tex]

Then:

P(X < 3) = P(X = 0) + P(X = 1) + P(X = 2) = 0.0067 + 0.0337 + 0.0842 = 0.1246

Hence:

P(X ≥ 3) = 1 - P(X < 3) = 1 - 0.1246 = 0.8754 = 87.54%.

The mean during 15 minutes is one-fourth of the hourly mean, hence:

5.04/4 = 1.25 e-mails.

The probability of no-emails during the 15 minutes is of:

P(X = 0) = e^(-1.25) = 0.2865 = 28.65%.

In items c and d, the measure is of 15 minutes, and the description of the problem is given by the image shown at the end of the answer.

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If the variable costs are $855, and the firm's revenues are $950, then the firm should cut down the variable cost in order to increase the profit or revenue as the fixed cost cannot be changed in short run.

A fixed cost is a cost that does not fluctuate with the production or sale of more or fewer goods or services.

Rent and leasing charges, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs. There are some taxes that are fixed costs as well, such as company licenses.

Fixed costs are expenses that remain constant regardless of whether sales or production volumes rise or fall. This is so because they are not involved in the actual process of producing a good or providing a service. Fixed costs are therefore regarded as indirect costs.

The term "variable cost" refers to a sort of cost that will fluctuate in response to changes in production levels.

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Operational gearing (also known as operating leverage) describes the relationship between a company's fixed costs (costs that it has to pay, regardless of how many sales it makes) and variable costs (those that rise and fall along with the level of turnover). The higher a firm's fixed costs are as a proportion of total costs, the higher its operational gearing.

Airlines and hotels have high operational gearing, for example, because of their high fixed costs (mainly property and staff) an aeroplane still requires a full complementof staff to get from A to B, regardless of how many seats are filled.

Operational gearing refers to the use of leverage to increase the financial risk taken on by a company or individual.

Operational gearing is achieved by using a combination of debt and equity to finance an operation, such as a business venture or investment. Leverage can be an effective tool for increasing returns, but it also carries with it a greater risk of financial loss.

Operational gearing is often used to fund a business venture or investment in order to increase the potential return on investment. By leveraging debt and equity, an investor can increase their potential return without having to commit additional capital or resources.

The primary advantage of operational gearing is the ability to increase potential returns without having to commit additional capital. This can be especially beneficial for businesses with limited capital, as they can leverage the funds they already have to grow the business. Additionally, operational gearing can be used to hedge against risk and reduce overall volatility.

The primary disadvantage of operational gearing is the increased risk associated with it. Leverage can magnify both potential gains and losses, meaning that an investor can potentially experience greater losses than they would without the use of leverage.

Additionally, operational gearing requires the investor to be able to service the additional debt, which can be difficult if the venture or investment does not generate sufficient cash flow. Operational gearing can also lead to higher taxes for the investor, as interest payments on debt are tax deductible.

Overall, operational gearing is a powerful tool that can be used to increase potential returns on investments. However, it also carries a greater risk of financial loss, so it is important to understand the potential implications before leveraging debt or equity to finance an operation.

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A personal dialogue with Yvette asking why she never listens is the best first step to take. When the "why" is established, then using empathy and listening skills, Ivan can attempt to put himself in Yvette's shoes to hear the things he says from her perspective.

This will create understanding and help Ivan to be able to speak in the language that Yvette can understand, thus, resolving the conflict.

Conflict is defined as a fight and a collision of interests, opinions, or even values. A dispute will always exist in society, regardless of whether the source of the conflict is personal, racial, class, caste, political, or international.

Well-managed conflict results in improved engagement and creativity, whereas badly managed conflict results in increased stress and worry. Jobs that deal with people are more likely to cause conflict.

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Answer:

is it too late

Answer: A Buyer's Representation Agreement clarifies expectations, helping you understand what you should and shouldn't expect from your buyer's rep, and what they will expect from you, which usually centers on loyalty.

Explanation:

A major benefit to a buyer if she signs a buyer representation agreement is that a professional will be representing her preferences and she will receive a personal expert who is aware of her needs.

Professionals Are Representing Your Preferences

Using just a qualified buyer's agent is comparable to using an expert to assist with finances, a surgeon to assist with health care, or a mechanic to assist with your vehicle. You could perform these tasks oneself assuming that you had the spare time to dedicate to studying everything there is to know about accounting, medicine, and automobile repair. who has the time, though? This is why you let other experts assist you in their particular areas of specialization.

You Receive A Personal Expert Who Is Aware Of Your Needs

Your Buying agent is acquainted with your real estate wants and worries, just like your accountant, doctor, and mechanically do. Accessible communication is the cornerstone of this kind of partnership. 

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Answer: i=6.70% rounded up from 6.99767%

Explanation:

Given PV=460, FV=968, n=11,

Find i=?

PV=FV(1+i)^-n

460=968(1+i)^-11

460/968=(1+i)^-1/11

(460/968)^-1/11= 1+i

1.0699767=1+i

1.0699767-1=i

i=0.699767

i=6.70%

Answer:

Both IFRS and GAAP

Explanation:

Both GAAP and IFRS allow First In, First Out (FIFO), weighted-average cost, and specific identification methods for valuing inventories.

However, GAAP also allows the Last In, First Out (LIFO) method, which is not allowed under IFRS (extra info)

Please like

Answer:

D

Explanation:

The distribution of income and losses to the partners is as follows:

                                              Beau Dawson       Willow McDonald    Total

a) No agreement (income or loss

is shared equally)                     $137,500               $137,500       $275,000

b) Ratio of original capital         $68,750              $206,250       $275,000

c) Interest at 6% and the remainder shared equally:

Total income shared                $107,660              $167,340       $275,000

d) Salary Allowances and the remainder shared equally:          

Total income shared              $130,000              $145,000       $275,000

e) Interest at 6%, salary allowances of $34,000 and $49,000, and the remainder shared equally:

Total income shared               $126,100            $148,900        $275,000

Partners share profits and losses according to their partnership agreements.

In the absence of a partnership agreement, profits and losses are distributed equally.

                                   Beau Dawson       Willow McDonald    Total

Capital investment         $65,000               $195,000            $260,000

Profit-sharing ratio (capital) 1              :              3

Sum of ratios = 4

Net income for the year = $275,000

Profit-sharing under these scenarios:

                                              Beau Dawson       Willow McDonald    Total

a) No agreement (income or loss

is shared equally)                     $137,500               $137,500       $275,000

b) Ratio of original capital         $68,750              $206,250       $275,000

c) Interest at 6% and the remainder

in the ratio of 2:3

Interest on capital                     $3,900                  $11,700          $15,600

Income-sharing                     $103,760               $155,640       $259,400

Total income shared            $107,660                $167,340       $275,000

d) Salary Allowances           $34,000                 $49,000          $83,000

Income-sharing (equally)       96,000                   96,000        $192,000

Total income shared          $130,000                $145,000       $275,000

e) Interest at 6%, salary allowances of $34,000 and $49,000, and the remainder shared equally:

Interest on capital                     $3,900                  $11,700          $15,600

Salary Allowances                  $34,000                $49,000         $83,000

Income-sharing (equally)       $88,200                $88,200        $176,400

Total income shared             $126,100              $148,900        $275,000

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Explanation:

they rich g i gues id kniw thanks 2+1

Answer:

C. Maintain satisfactory academic progress

Explanation:

Federal student aid is performance based (usually with a GPA range in place), so maintaining such is what keeps students on track to continue receiving it.

a) Age of Garcia:68 years old She is single and can claim a standard deduction of 12400 dollars. In this particular instance, Garcia is over 65 years old, so the $1650 increase in the standard deduction is applicable.

Gracia will benefit from the standard deduction because it is greater than the itemized deduction, which is equal to 12400 times 1300, or 14050 dollars.

b) Age of Connor:31 Because he is single, he can claim a standard deduction of $12,400.

Because the itemized deduction is $13585, claiming it is advantageous for Connor because it is greater than the standard deduction.

c) Marietta, 35 years old, is unmarried and the head of the household. As a result, she is eligible for the standard deduction, which is 1865 dollars. The standard deduction for a dependent is 4300 dollars; the itemized deduction is 19300 dollars. As a result, Marietta is better off claiming the standard deduction than the itemized deduction. d) Tyrone, 35 years old28 years of age, married: married Filing jointly with spouse The standard deduction for married filers is $24880, while the itemized deduction is $23980. As a result, claiming the standard deduction is advantageous for Tyrone because it is greater than the itemized deduction.

The answer is:In the 2020 return, only Connor will benefit from itemizing deductions.

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