Which of the following is part of the taxable income calculation? (select all that apply) Depreciation Sale of a depreciable Asset Profit or loss in the sale of a depreciable asset Purchase of a depreciable asset

Answers

Answer 1

The following options are part of the taxable income calculation:

Depreciation: Depreciation is part of the taxable income calculation because it represents the gradual decrease in value of a depreciable asset over time. It is accounted for as an expense, which reduces taxable income.

Profit or loss in the sale of a depreciable asset: The profit or loss realized from the sale of a depreciable asset is considered taxable income. If the selling price of the asset is higher than its adjusted basis (which includes depreciation deductions), it results in a taxable profit. Conversely, if the selling price is lower than the adjusted basis, it may result in a deductible loss.

The following option is not part of the taxable income calculation:

Purchase of a depreciable asset: The purchase of a depreciable asset is not directly part of the taxable income calculation. However, it does affect the adjusted basis of the asset, which is used to determine any taxable gain or loss upon its eventual sale.

In summary, depreciation and profit or loss in the sale of a depreciable asset are elements that are considered in the calculation of taxable income.

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Related Questions

in an assumption of mortgage for a seller to be relived of their obligation he needs to:

Answers

In an assumption of mortgage, for a seller to be relieved of their obligation, the buyer must meet the lender's requirements and formally agree to assume full responsibility for the mortgage.

Including making all future payments and complying with the terms of the loan agreement. In an assumption of mortgage, the buyer takes over the seller's existing mortgage loan. To be relieved of their obligation, the seller needs to ensure that the buyer meets the lender's requirements for assuming the loan. This typically involves a creditworthiness assessment and the buyer demonstrating their ability to make the mortgage payments. The lender may also require the buyer to provide additional documentation and formally agree to assume the mortgage. Once the assumption is approved by the lender, the seller is relieved of their responsibility for the mortgage, and the buyer becomes solely responsible for making all future payments and complying with the terms of the loan agreement.

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Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative

Answers

Answer:

pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)

d. How trustworthy do you think the primary source is? Do you think this source Might
be biased? Why? (1-2 sentences. 0.5 points)

Answers

Answer:

um where is the paragraph can I see it I can give you the answer once I can see if the source is biased.

Explanation:

show me the paragraph so I can help answer your question.

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.

Answers

Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.

Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.

While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.

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What is the main function of interest groups?.

Answers

Interest groups are created to advance the causes that matter to its members. Influencing public policy is their main concern.

What are the functions of interest groups ?A special interest group is a community within a larger organisation that has a common goal of advancing a particular field of knowledge, learning, or technology. Members work together to influence or produce solutions in their particular field and may communicate, gather in person, and plan conferences.While changing policy is their main objective, interest groups also keep an eye on how the government is operating, allow members to participate in politics, and enlighten both the general public and parliamentarians. The National Conference of State Legislatures reports that by November 2015, 36 states have passed legislation requiring voters to show identification at the polls.Interest groups help people get involved in politics in a variety of ways. Some group members become involved, trying to further the organization's goals on behalf of the group.

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Which of the following is true about Presidential emergency powers?
a. They are listed in the Twenty-second Amendment.
b. They have never been exercised.
c. They are listed in each amendment of the Bill of Rights.
d. They were first enunciated in the Supreme Court's decision in United States v. Curtiss-Wright Export Corp.

Answers

The true statement about Presidential emergency powers is that they were first enunciated in the Supreme Court's decision in United States v. Curtiss-Wright Export Corp.

Presidential emergency powers are the authority granted to the President of the United States to take certain actions during times of crisis or emergency. These powers are not listed in the Twenty-second Amendment, which primarily deals with presidential term limits. They are also not listed in each amendment of the Bill of Rights, as the Bill of Rights primarily focuses on individual rights and liberties.

The true statement about Presidential emergency powers is that they were first enunciated in the Supreme Court's decision in United States v. Curtiss-Wright Export Corp. This landmark case, decided in 1936, involved a dispute over the President's authority to impose an arms embargo on a South American country. The Supreme Court ruled that the President possesses inherent powers in foreign affairs and has the authority to act in emergencies.

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Which action was implemented in the Uruguay Round, finalized in December 1993?
a.
reduction in the protection for patents, trademarks, and copyrights

Answers

The action implemented in the Uruguay Round, finalized in December 1993, was a reduction in trade barriers and the creation of the World Trade Organization (WTO).


The Uruguay Round was a series of negotiations under the General Agreement on Tariffs and Trade (GATT) that resulted in significant advancements in global trade liberalization. The agreement aimed to reduce trade barriers, including tariffs and non-tariff measures, and establish new rules and disciplines for international trade.

While the Uruguay Round addressed various aspects of trade, including agriculture, services, and intellectual property, it did not specifically focus on the reduction of protection for patents, trademarks, and copyrights. Intellectual property rights were addressed separately in the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), which was also part of the Uruguay Round and provided enhanced protection and enforcement of intellectual property rights globally.


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what is meant by business ​

Answers

Answer:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.

Organization, engaged commercial, professional activities

Lili has saved $2,500 money from her part time job at a bakery. Since she will not need this money for a few years, she decides to put the money in a 3-year CD (Certificate of Deposit) at a local credit union. The credit union offers Lili 2.75% APR, compounded quarterly. How much will Lili’s CD be worth at the end of the 3 years?

Answers

The worth of Lilli's CD at the end of 3 years is $2,714.23.

What is the worth of the CD?

When an amount earns interest that is compounded quarterly, it means that both the amount invested and the interest accrued increases in value every quarter or once in four years.

The APR is an abbreviation for annual percentage rate. It is the amount that is earned in total every year. In order to determine the quarterly interest, divide the APR by 4.

Here is the formula that can be used to determine the value of the amount at the end of 3 years:

FV = P (1 + r)^nm

Where:

FV = Future value P = Present value R = interest rate = 2.75% / 4 = 0.6875%m = number of compounding = 4N = number of years = 3

2,500 x (1 + 0.006875)^(3 x 4)

2500 x (1.006875)^12 = $2,714.23

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Roger wants to make a deposit into his savings account. He is depositing 2 checks, one for $125.62 and the other for $532.50. He would like to receive $40.00 in cash after the deposit. Calculate the amount that he will be depositing into his savings account.

Answers

the amount that Roger will be deposited into his savings account is $618.12

A savings account is a retail bank account. Common features include limited withdrawals, lack of debit card functionality linked to checks, limited transfer options, and non-withdrawal. Traditionally, most savings account transactions were recorded in a passbook, sometimes referred to as a passbook savings account, and no account statement was provided. However, these transactions are now usually recorded electronically and accessible online.

People put money into their savings accounts for a variety of reasons, including where cash can be safely stored. Savings accounts also usually pay interest. Almost all of them generate compound interest over time. In some countries, deposit insurance needs to protect your savings account, and in some countries, it provides government guarantees for at least a portion of your account balance.

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What basic form of competition is most conducive to the use of the marketing mix?

Answers

Answer:

Monopolistic Competition

Explanation:

Monopolistic Competition is a market structure or form of competition in which there are many sellers, each producing a more or less differentiated product.

This last point is why the use of the marketing mix is key here: because the goods are not homogeneous (like in perfect competition), their prices, brands, packaging and promotion strategy are very important in order to attract a larger market share than the competing products.

The basic form of competition that is most conducive to the use of the marketing mix is Monopolistic competition .

Monopolistic competition  can be regarded as a type of competition that is found in an industry  where by many firms offer products/services that are similar.

We can conclude that monopolistic competition is good for marketing mix, and in monopolistic competition, there is a low barriers to entry and exit.

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25 point multiple choice

Ava works in a college admissions office. She is involved in reading applications and matching students to the criteria set out by the school for acceptance. If Ava decides that the student qualifies to attend the college, she notifies them. Which pathway in the Education and Training Cluster does Ava’s career fall into?

A. Teaching and Training B. Administration and Administrative C. Professional Support Services D. Science & Mathematics

Answers

It will be Option C, " Professional support and Services ".

Proof:-

• She is only reading applications that might be related to complaints or admissions, So , Option A and D is incorrect.

• She is not in the field of anything related to teaching, therefore, Option B is also incorrect.

Now Option C is only remaining. Therefore, Option C is your answer.

Hope it helps you...

(Answered by Benjemin)

If you had a choice how much are you willing to pay per month to have access to and use the various social media platforms?​

Answers

Answer: $10 per month

Explanation:

$10 would be an ideal amount for me to pay to have access to the various social media sites if the major sites are on offer.

I think this amount reasonable because I do not use social media all that much but I would still like access to a variety of them. I would essentially therefore, be paying for my reduced time on the net.

Some might say that the companies might not make a profit if they charge $10 a month but I think they will because they make most of their money from ads so it would be good for them to offer the lowest subscription prices so that they can capture more people which will appeal to advertisers.

Which is a good example of differentiated instruction? giving every student a different subject area goal to work toward teaching students in several different grades at the same time requiring students to come up with many ways to solve the same problem assigning a project but letting students complete it any way that they want

Answers

Differentiating instruction may entail having the teacher offer lessons at various degrees of difficulty depending on the aptitude of each student, or it may entail presenting the same topic to all students using a range of instructional methodologies.

Differentiation refers to modifying instruction to accommodate student requirements. This approach to instruction is effective because it uses ongoing evaluation and flexible grouping, regardless of whether teachers differentiate material, process, products, or the learning environment. The concept of differentiated teaching has its origins in the one-room schoolhouse era, when all pupils, regardless of age, were taught in the same classroom by the same instructor. Children of the same age were thought to study equally as the educational system changed to graded schools.

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what is the general approach as to when product costs are recognized as expenses?

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When the related revenue is recognized, a Product Costs are recognized as an expense. A product cost in here is  an expense which is incurred to produce a product that is capitalized on the balance sheet since they have a future benefit.

In economy and business, Product cost generally can be defined as the costs incurred to create a product. A product cost is including several aspects, such as  direct labor, direct materials, consumable production supplies, and factory overhead. The revenue recognition in economic principle generally can be described as the condition where that companies' revenues are recognized when the service or product is considered delivered to the customer.

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2. Where does Steve Jobs’ power and influence come from?

Answers

Answer:

working with apple and creating the mac

Explanation:

From him being able to realize what it is he wanted to do and do it

Leadership effectiveness should be evaluated according to which of the following characteristics?

Does the leader keep the discussion focused on the issues?
Does the leader encourage critical thinking?
How well does the leader manage conflict in the group?
all of the above

Answers

Answer:all of the above

Explanation:

Survey researchers design and conduct surveys and analyze data. Some survey researchers design public opinion surveys. Other survey researchers (market research analysts) design marketing surveys which examine products or services that consumers want, need, or prefer. Most survey researchers work in research firms, polling organizations, nonprofits, corporations, colleges and universities, and government agencies. The majority work full time during regular business hours. A bachelor's degree may be sufficient for some entry-level positions. The median annual wage for survey researchers was $49,760 in May, 2014. SOURCE: Bureau of Labor and Statistics, U.S. 준. Surveys for scientific research cover various fields, including government, health, social sciences, and education. For example, a survey researcher may try to capture information about the prevalence of drug use or disease. An anonymous survey of college students was taken to determine behaviors regarding alcohol, cigarettes, and illegal drugs. The results were as follows: 894 drank alcohol regularly 665 smoked cigarettes 192 used illegal drugs 424 drank alcohol regularly and smoked cigarettes 114 drank alcohol regularly and used illegal drugs 119 smoked cigarettes and used illegal drugs 97 engaged in all three behaviors 309 engaged in none of the behaviors Source: Jamie Langille, University of Nevada Las Vegas How many students were surveyed? How many drank alcohol regularly or smoked cigarettes? How many used illegal drugs only? How many drank alcohol regularly and smoked cigarettes, but did not use illegal drugs? How many drank alcohol regularly or used illegal drugs, but did not smoke cigarettes? How many engaged in exactly two of these behaviors? How many engaged in at least one of these behaviors?

Answers

a. The number of students surveyed was 1,000.

b. 1,300 students drank alcohol regularly or smoked cigarettes.

c. 75 students used illegal drugs only.

d. 310 students drank alcohol regularly and smoked cigarettes but did not use illegal drugs.

e. 1,110 students drank alcohol regularly or used illegal drugs but did not smoke cigarettes.

f. 193 students engaged in exactly two of these behaviors.

g. 997 students engaged in at least one of these behaviors.

How many students participated in the survey?

According to the survey results, there were a total of 309 students who engaged in none of the behaviors, and the remaining students fell into various categories. To determine the number of students surveyed, we sum up the frequencies of all behaviors mentioned in the survey results. Therefore, the total number of students surveyed is 1,000. From the provided data, we can calculate the number of students who drank alcohol regularly or smoked cigarettes by adding the frequencies for each behavior individually. Similarly, we can find the number of students who engaged in specific combinations of behaviors, such as using illegal drugs only or drinking alcohol regularly while smoking cigarettes but not using illegal drugs. By analyzing the data, we can answer each of the given questions accurately.

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Mann's Foods issues cash rewards of 2% to its customers for every dollar spent in their grocery stores. The rewards can be used on any subsequent purchase and history shows that about 80% of their customers will use the rewards. If Mann's recorded Unearned Revenue-Loyalty Program of $800 on one particular day, what were the total sales for that day? O $40,000 $50,000 $32,000 O $39,200 Mann's Foods issues cash rewards of 2% to its customers for every dollar spent in their grocery stores. The rewards can be used on any subsequent purchase and history shows that about 80% of their customers will use the rewards. If Mann's recorded Unearned Revenue-Loyalty Program of $800 on one particular day, what were the total sales for that day? O $40,000 $50,000 $32,000 O $39,200

Answers

The total sales for that particular day were $40,000. The total sales for the day were calculated using the unearned revenue recorded for the Loyalty Program and the cash reward percentage. Thus, option A is correct.

To determine the total sales for the day, we can use the concept of unearned revenue and the percentage of customers expected to use the rewards.

Given that Mann's recorded Unearned Revenue-Loyalty Program of $800, this represents the amount of rewards that customers have earned but have not yet been used.

Since customers receive a 2% cash reward for every dollar spent, we can calculate the total amount of sales that generated the $800 unearned revenue:

Total Sales = Unearned Revenue / Cash Reward Percentage

Cash Reward Percentage = 2% = 2/100 = 0.02

Total Sales = $800 / 0.02 = $40,000

Therefore, the total sales for that particular day were $40,000.

In conclusion, by using the given information about the unearned revenue recorded for the Loyalty Program and the cash reward percentage, we were able to calculate the total sales for the day.

It is important to consider the unearned revenue and the percentage of customers who use the rewards when determining the total sales. In this case, the total sales amounted to $40,000. Thus, option A is correct.

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Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.

Answers

Answer:

1. Man-made

2. natural resources

3. entrepreneurship

4. Human resources

Explanation:

A power plant utilized a power generator to generate for their neighborhood the electricity on a large scale basis should be matched with the man-made resources.A power plant where coal is used to heat water by converting it into the stream to turn on the turbines should be matched with the natural resources.A power plant that is established by industrialists in order to solve the power crisis in the neighborhood should be matched with entrepreneurship.A power plant where local workers are employed to keep the plants active by working in the shifts should be matched with the human resources.

What are natural resources?

Natural resources are those which are present in the environment and are limited in number.

The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.

Therefore, the given resources are matched with the scenarios in which they are used.

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an older adult client has newly diagnosed stage 2 hypertension. the health care provider has prescribed chlorothiazide and benazepril. what will the nurse monitor this client for?

Answers

If the health care provider has prescribed chlorothiazide and benazepril, what the nurse should monitor this client for is:  Posturalhypotension and resulting injury

Postural hypotension occurs when a patient experience low blood pressure after standing up.

Postural hypotension tend to as well occur when the patient blood vessels is not tighten or when the patient blood pressure is unstable when the patient  stood up.

Symptoms of postural hypotension includes:

•Feeling dizzy immediately after standing up

•Fainting

•Nausea

•Body weakness etc

The patient may experience all this symptoms  after taking the  prescribed  medication

It is often advisable for patient to stand up slowing in order to prevent either fainting or falling that may result in the patient sustaining injury.

Inconclusion if the health care provider has prescribed chlorothiazide and benazepril, what the nurse should monitor this client for is: Postural hypotension and resulting injury

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The Permanent School Fund (PSF) was established to provide funds for ___________________ on the basis of _________________.

Answers

The permanent school funds was established to provide funds for primary and secondary school education on the basis of assets.

The PSF is a sovereign wealth establishment that was founded based on the need for revenues for school funding in the elementary level.

The assets used for this are lands that are owned publicly as well as investments of other types.

When these lands are sold or leased out, the money realized is added to the funds. Other source of revenues are oil and gas.

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Using the following table the marginal utility of the 4th movie is: Movies Total Utility 0 0 1 40 2 75 3 105 4 130 5 150 O 25O 130 O 235

Answers

The marginal utility of the 4th movie can be calculated by taking the difference between the total utility of the 4th and 3rd movies. In this case, the total utility of the 4th movie is 130 and the total utility of the 3rd movie is 105, so the marginal utility of the 4th movie is 25.

Marginal utility refers to the additional satisfaction or usefulness a person derives from consuming an additional unit of a good or service. So, consuming the 4th movie provides an additional 25 units of satisfaction or usefulness compared to consuming only the first 3 movies. Based on the provided table, the marginal utility of the 4th movie can be calculated by finding the difference in Movies Total Utility between the 4th and 3rd movies. Here's the calculation:
Marginal Utility of the 4th movie = Total Utility of 4 movies - Total Utility of 3 movies
Marginal Utility of the 4th movie = 130 - 105
Marginal Utility of the 4th movie = 25
So, the marginal utility of the 4th movie is 25.

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On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?

Answers

Answer:

Net Income = $1125

Explanation:

The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,

Net Income = Revenue - Total costs

The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.

Revenue = 55 * 25

Revenue = $1375

The total cost for materials needed for 25 arrangements is provided and there are no other costs.

Net Income = 1375 - 250

Net Income = $1125

The most problematic sources are those that: A. Provide the least information about their author and original source of information B. Contain information that is biased C. Contain information only from secondary sources D. Provide one outlook on the information being presented

Answers

The most problematic sources are those that provide the least information about their author and original source of information. A material or device that emits radiation, whether ionising or non-ionizing, and that needs to be licensed by the Australian Radiation.

The protection and Nuclear Safety Authority is referred to as a problematic source. Investments, operations, and financing These three streams of business cash flow can significantly impact the development and viability of your organization. The sources of company finance include retained earnings, equity, term loans, debt, letters of credit, debentures, euro issuance, working capital loans, the venture capital investments, etc.

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Answer: I believe the answer is A.

Explanation: I really hope this helps and have a fabulous day!

How education is medium to enhance the ability of human beings?​

Answers

For the sake of argument let’s consider education to be defined as the act of schooling and subsequent intellectual upbringing (which obviously varies but let’s consider it as true)

The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.

Outsourcing is becoming more and more common but it is a controversial idea in the United States why do you think this is a highly contested idea do you think outsourcing is a good or bad idea

Answers

Outsourcing is a highly contested idea because people would rather have the products they use produced in their country. Outsourcing is a good idea because the production of a product might be cheaper in another country but sometimes that means a loss of quality product.

What is outsourcing?

Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure.

As such, it can affect a wide range of jobs, ranging from customer support to manufacturing to the back office.

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As a result of analytical procedures conducted during the planning phase, the independent auditor determines that the gross profit percentage has declined from 30% in the preceding year to 20% in the current year. The auditor should
a. Express an opinion that is qualified due to the inability of the company to continue as a going concern.
b. Evaluate management's performance in causing this decline.
c. Require footnote disclosure.
d. Consider the possibility of an error in the financial statements.

Answers

The independent auditor concludes that the gross profit percentage has decreased from 30% in the prior year to 20% in the present year as a consequence of analytical procedures carried out during the planning phase.  Option d is Correct.

The likelihood of a mistake in the financial accounts should be taken into account by the auditor. Analytical methods, for instance, might assist the auditor in arranging the type, timing, and scope of auditing processes that would be utilised to gather audit evidence for certain account balances or categories of activities.

At the conclusion of the audit, analytics are also utilised. Analytical techniques employed during the audit's overall review stage have the goal of helping the auditor evaluate and appraise the conclusions drawn. Option d is Correct.

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It is vital that a corporation keep records of ___ requirements.
to meet certain state

A. annual reports

B. stockholder meetings

C. officer salaries

D. assets and liabilities

Answers

Answer:

answer is D. assets and liabilities.

Explanation:

PLEASE HELP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER Select the correct answer. According to TARP, on average, what percentage of unhappy customers leave without complaining?
A. 10 percent
B. 25 percent
c. 95 percent
d.50 percent​

Answers

The answer is 95%.

The percentage is 95%, it is actually 96% but 95 is the closest answer.

Answer:

c.) 95 percent

Explanation:

took on edmentum is correct

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part b what is the electron geometry of h2o ? enter the electron geometry of the molecule. Which of the following statements about body dysmorphic disorder is FALSE?It is characterized by a preoccupation with a defect in appearance.The physical flaw is usually noticeable to others.The preoccupation can be about a wholly imagined defect or a slight defect.The preoccupation causes distress. Which pioneer showed that women could work successfully in new fields such as aviation? O A. Anne O'Hare McCormick O B. Margaret Sanger O C. Amelia Earhart O D. Elizabeth Cady Stanton fill in each blank with the most appropriate form of the verb haber (haya, hayas, hayamos, or hayan6. No creo que Mara y t ___________ comido tanto.7. Es importante que Ud. ___________ podido hacer tal cosa.8. Me alegro de que t y yo ______________ merendado juntos.9. Es posible que yo ______________ adelgazado un poco esta semana.10. Espero que ellas se _____________ sentido mejor despus de la clase. What is an indicator? On September 1, Global Company factored $1,000,000 of accounts receivable with Marks Financing on a without recourse basis. Under the arrangement, Marks Financing was to make the collections, handle the sales discounts, and absorb the credit losses. Marks Financing assessed a finance charge of 4% of the total accounts receivable factored and retained an amount equal to 2% of the total receivables to cover sales discounts. Required: a. Prepare the journal entry required on Marks Financing on September 1. b. Assume Global Company factors the $1,000,000 of accounts receivable with Marks Financing on a with recourse basis Prepare the journal entry required on Global company's book on September 1. For the toolbar, press ALT F10 (PC) or ALT+FN F10 (Mac) Mia used 1/7 of an ounce of nuts to make 1/5 of a cake. How many ounces of nuts are needed to make a whole cake? what does legato mean Marco is an independent contractor who prepares architectural plans for building contractors; however, he is not an employee of any of the contractors for which he works. marco is a(n)? An airfoil moves through the air at 25 m/s through undisturbed air at an Undisturbed altitude of 7 km. The air at point (3) 75 m/s moves downstream at 25 m/s relative to the ground-fixed coordinate system. What are the values of the static pressure at both points (2) and (3) in kPa? Repeat your solution if the airfoil was flying at an altitude of 12 km. Comment on your results. the most profitable price for a monopolist is group of answer choices a price that maximizes the quantity sold. the highest price a consumer is willing to pay for the monopolist's product. the price at which demand is unit-elastic. the price for which marginal revenue equals marginal cost. For all real values of x if f((x)=(x-3)^2 and g(x)=(x+3)^2 what is f(x)-g(x)? How do skin cells replace itself after an injury? an employee that is having trouble paying his personal bills might exhibit the following fraud factor: Anyone 10-11 grade? Ig or S? An organization has received notice of a lawsuit related to activities in its operations department. How should the organization respond: PLZ HELP ILL GIVE BRAIN LIST which are a function is which are not A television has a mass of 19kg what is the weight of the television (06.06 MC) Which of the following correctly describes the relationship depicted in the diagram below? The image shows a Venn diagram with three interconnected circles: Dermal Tissue, Vascular Tissue, and Ground Tissue. Parenchyma is in the portion where all three circles intersect. Xylem and phloem is under Vascular Tissue. Collenchyma and sclerenchyma are under Vascular Tissue and Ground Tissue. the relationship between different plant hormones and their functions the completed plant tissues and the cells that initiate their growth the types of cells and the tissues in which they can be found in a plant the differences between plant structures and the hormones they produce Motivation can help you achieve your goals. Write a letter to yourself about a time when you worked really hard at something and got better at