Ying pays $300 of investment interest related to her investments. The interest is not directly related to any particular investment owned by Ying. She owns $40,000 worth of municipal bonds that pay her $2,400 in interest and $20,000 worth of bonds that pay her taxable interest of $2,000. Ying allocates the investment fees based on the fair market value of the securities. The allocation between the nondeductible portion of the fee and the deductible portion is:
Answers
Answer:
yeet
Explanation:
Related Questions
John Alex, a business owner, is considering opening a second location of his
business and has secured a property at the Dar es Salaam city centre. He has
determined his options for leasing property as: commit to a two year lease at
TZS50,000,000 per year or commit to a one year lease at TZS60,000,000. At the
beginning of the second year, he can cancel the two year lease at a cost of
TZS20,000,000 or continue with the lease. If he only signed a one year lease
initially, he has the option of renewing the lease for another year at
TZS60,000,000.
Based on previous experience in the business and his research on the new
location, John Alex estimates there is a 40% chance that sales (net of cost of
goods sold) in the first year will be considered “good” and will amount to
TZS100,000,000; alternatively, they will only amount to TZS30,000,000. If sales
in year one were “good”, the chance of them being “good” in year two as well is
80%. However, if sales in year one were “bad”, the probability of them being
“bad” in year two as well is 90%. Good sales in year two also amount to
TZS100,000,000; and bad sales in year two also amount to TZS30,000,000.
Required:
Solve the decision tree and recommend to John Alex what he should do.
Answers
Answer:667
Explanation: un have to added
Answer:
fffff
Explanation:
U.S. consumers are increasingly viewing debit cards as a convenient substitute for cash and checks. The average amount spent annually on a debit card is $7,790. Assume that the average amount spent on a debit card is normally distributed with a standard deviation of $500.
Required:
A consumer advocate comments that the majority of consumers spend over $8,000 on a debit card. Find a flaw in this statement. (Round your final answer to 4 decimal places.)
Answers
About 33.72% of the consumers spend over $8,000 on a debit card.
What is z score?The z score is used to determine by how many standard deviations the raw score is above or below the mean. It is given by:
z = (raw score - mean) / standard deviation
Given that:
Mean = $7790, standard deviation = $500, for > $8000:
z = (8000 - 7790)/500 = 0.42
P(z > 0.42) = 1 - P(z < 0.42) = 1 - 0.6628 = 0.3372
About 33.72% of the consumers spend over $8,000 on a debit card.
Find out more on z score at: https://brainly.com/question/25638875
Why are there a lot of construction jobs opening up for Millennials (younger
workers)?
Answers
Answer:
I'm assuming because they need more construction workers because nobody wants to have a job like that anymore
Answer:
A lot of the workforce in the construction industry tend to be on the older side and will retire within the next decade or two
Explanation:
Determine the total expenses based on the following data
assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000
Answers
From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.
To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.
Assets = $72,000
Owner's Equity = $70,000
Liabilities = $16,000
Using the accounting equation, we can calculate the total expenses by rearranging the equation:
Expenses = Assets - Liabilities - Owner's Equity
Expenses = $72,000 - $16,000 - $70,000
Expenses = $-14,000
for more questions on expenses
https://brainly.com/question/28995167
#SPJ8
Directions
1. Using the information learned in Unit 4, create a company, including the creation of a product or
service.
2. Next, create the advertising for that product or service to reach a target market. Advertising can
include a flyer, brochure, commercial, video, website, etc. Make sure you are advertising to a
target market.
3. Finally, explain how you will use the elements of a marketing mix. Remember if you create a
business that is an industry you need to use the 4P's (product, price, place, and promotion). If you
choose to create a service business, you need to use the 7P's (product, price, place, promotion,
people, process, and physical).
Question #1
Answers
Answer: et. Advertising can
include a flyer, brochure, commercial, video, website, etc. Make sure you are advertising to a
target market.
3. Finally, explain how you will use the elements of a marketing mix. Remember if you create a
business that is an industry you need to use the 4P's (product, price, place, and promotion). If you
choose to create a service business, you need to use the 7P's
Explanation:
What skills and interests might someone in a trade career have?
Answers
Answer:
Confidence.
Numerical skills.
IT skills.
Communication skills.
An interest in financial markets.
Analytical skills.
Interpersonal skills.
Teamworking skills.
What might be an example of corporate social responsibility?
Answers
Participating in fair trade might be an example of corporate social responsibility.
What is corporate social responsibility?Corporate social responsibility (CSR) is a kind of global privately owned personality that tries to support altruistic, activist, or philanthropist social goals by participating in or encouraging volunteer work or other morally upstanding behaviors.
Involving fair trade practices could be an example of corporate social responsibility a person may have. This would involve the person will not participate in black marketing or hoarding. Or so the quality of the product that will be provided is substantial.
Learn more about corporate social responsibility, here:
https://brainly.com/question/13528806
#SPJ9
Use the following information to prepare a bank reconciliation for Young Company at June 30:
1. Balance per Cash account, June 30. $7,761.38
2. Balance per bank statement, June 30. 8,030.28
3. Deposits not reflected on bank statement. 797.50
4. Outstanding checks, June 30. 1,386.50
5. Service charge on bank statement not recorded in books. 12.10
6. Error by bank-Yertel Company check charged on Young Company's bank statement. 605
7. Check for advertising expense 275 incorrectly recorded in books as 572
Answers
Answer:
See photo.
Explanation:
A company's_______ tells you how much money the company has left over after subtracting all expenses. *
a) Net Profit
b) Gross Profit
c) Revenue
d) Cost Of Goods Sold (COGS)
Answers
Answer:
net profit
Explanation:
net profit is the money left after all cost are deducted
Answer:
D: COGS
Explanation:
A company's COGS tells you how much money the company has left over after subtracting all expenses
When the trial balance extracted from the books of Keman Enterprises at the year-end failed to balance, the difference was placed in a Suspense account. Identify the amount that would have been placed in suspense as a result of each of the following errors; GH₵ 2,400 pre-paid insurance has been brought forward from the previous year as a credit balance.
A. Dr 4,800
B. None
C. Cr 2,400
D. Dr. 1,500
Answers
Answer:
The answer is option (A) Dr 4,800
Explanation:
Solution
From the given question, the prepaid insurance normally is having a debit balance.
When it is brought forward to next year, this GH₵ 2,400 has to be cancelled once by debiting to suspense account.
Also. it want 2400 to credit the balance in prepaid insurance ledger, it need or require to be credited and debited to suspense account with 2400 balance.
Now, this combined debit to suspense account will result to 4800 (2400 +2400).
why the introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy
Answers
The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because
a) if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.
b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.
What is Economy?An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.
The economy of a country or region is the system by which money, industry, and trade are organized.
Learn more about economy here,
https://brainly.com/question/18461883
#SPJ1
Which of these conditions signals that it is likely time to update or eliminate a
stock option program?
A. The company has a large number of shares.
B. Employees regularly use their stock options.
C. The value of stock is stable.
D. Stock option record keeping is up to date.
Answers
Answer:
D
Explanation:
when the record is updated,
What is a TRUE statement about who is affected by the stock market? A. No one is affected by the stock market. B. Only big companies are affected by the stock market. C. All people are affected by the stock market. D. Only investors are affected by the stock market.
Answers
Answer: c is the answer everyone if affected by the stock market. Inflation and other factors such as bank crashes and business going out of business is bad for all
Explanation:
What is the pro-forma as adjusted cash and cash equivalents amount on Twitter’s balance sheet as mentioned in the amended S-1 filed November 4, 2013
Answers
Answer:
The pro-forma as adjusted cash and cash equivalents amount on Twitter's balance sheet as mentioned in the amended S-1 filed November 4, 2013 is:
$1,777,009,000
Reference was made to sec.gov/Archives/edgar/data.htm.
Explanation:
Cash and cash equivalents are company's current assets that are cash or can be converted into cash immediately. They are the most liquid of current assets.
We are all familiar with cash. Cash equivalents are short-term investments and commitments which a company can enter into using "temporarily idle cash" and they can easily be converted into cash as needed. Included in cash equivalents are bank accounts and marketable debt securities with less than 90 days' maturity period. The expression means that they are equivalent to cash but are not cash because of their ease of convertibility.
Laura, an inventory manager, always maintains a certain quantity of goods as a buffer to utilize in times of emergency. Which technique of controlling inventory costs does Laura use?
A.
ABC classification
B.
just in time
C.
maintaining safety stock
D.
following economic order quantity
Answers
Answer:
C. maintaining safety stock
Explanation:
Safety stock refers to the minimum stock level that businesses would wish to maintain at all times. The safety stock level assures a business does not experience stock out. Every time stock approaches the safety stock level, an order should be placed to replenish inventory. Businesses that apply the concept of safety stock do not allow the inventory to go below the level marked at safety stock.
The safety stock method requires inventory to be ordered when it approaches safety stock. Allowing inventory to drop below the safety stock is risking running out of stock leads to halting production.
Answer:
C. maintaining safety stock
Explanation:
I just took the test on Edmentum/Plato and got the answer right
The owner of Smash My PC reports income on their personal taxes and is held personally liable for all debt, lawsuits,
and judgments against the business. Smash My PC is
Oa C-corp
a partnership
an S-corp
a sole proprietorship
Answers
The owner of Smash My PC reports income on their personal taxes and is held personally liable for all debt, lawsuits, and judgments against the business. Smash My PC is Option D. a Sole proprietorship.
Sole proprietorship is the most popular form of business ownership in the United States and is frequently the simplest to start and run. It is a form of business organization in which a single individual owns and operates the company, assumes all financial risk, and is entirely responsible for the company's losses and debts. The proprietor has complete control over the company and makes all decisions, including whether to hire employees or seek outside investment.
The proprietor is responsible for filing income taxes and paying any taxes owed. As a result, a sole proprietorship's earnings are taxed on the owner's individual tax return. There are no formal processes to establish a sole proprietorship. An individual must obtain any necessary licenses and permits and register the company with local and state authorities.
In contrast to other business types, a sole proprietorship can be established without filing documents with the state. Smash My PC is a Sole proprietorship since the owner is the single individual who owns and operates the company, assumes all financial risk, and is entirely responsible for the company's losses and debts. Therefore, the correct option is D.
The question was incomplete, Find the full content below:
The owner of Smash My PC reports income on their personal taxes and is held personally liable for all debt, lawsuits, and judgments against the business. Smash My PC is
A. a C-corp
B. a partnership
C. an S-corp
D. a sole proprietorship
Know more about Sole proprietorship here:
https://brainly.com/question/12913114
#SPJ8
Zeke shares the company’s organizational chart with employees during an all-staff meeting
Answers
The correct answer to this open question is the following.
We have no question here. It is a statement. You forgot to include the question. What is it that you want to know?
Although you forgot to include the question we can help you with the following comments.
If Zeke shares the company’s organizational chart with employees during an all-staff meeting, the intention of Zerek is to inform the employees of the structure of the company in order for them to be familiar with the hierarchy of the company.
This is very important so employees know the lines of communication and the different roles people play in the company so they can know who refer to or who to contact in case they need it.
The types of charts in an organization are the Divisional Structure, the Matrix Organizational chart, the Functional Top-Down, and the Flat chart.
The normal balance for cash in bank is recorded
Answers
Answer: go to this link
Debits and Credits - Normal Balances, Permanent ...
Explanation:
under a homeowner, which of the following is NOT covered by personal injury coverage?
Answers
There are several major risks that a standard homeowner policy does not cover.
Earthquake insuranceFlood insuranceHomeowner insurance and landslidesHomeowner insurance and moldWhat is insurance?Insurance is a means of protecting against financial loss where one party undertakes, for a fee, to compensate another party in the event of a specified loss, damage or injury. It is a form of risk management primarily used to cover risks of contingent or uncertain loss.
The following are some of the types of general insurance available in India:
health insurance. Motor insurance. Home insurance. Fire insurance. Travel Insurance.Insurance is a financial safety net that helps you and your loved ones recover from an accident, such as a fire, theft, lawsuit, or car accident. When you buy insurance, you get a policy, which is a legal contract between you and your insurance company.
To learn more about insurance, refer;
https://brainly.com/question/15094642
#SPJ9
What is something you would buy (or buy more of) if its price dropped? What is it about this product that appeals to you?
Why do you think this product's price is at its curent level?
Answers
Answer:
bath bomb
Explanation:
because there really pretty, and i really dont know if this helped you but here you go
A Moving to another question will save this response.
Question 3
What sort of information do charts usually show?
a. Comparison
b. Distribution
c. Composition
d. Relationship
O 1.a and c
O 2. a and b and cand d
O 3.b and c and d
04. a and b and c
A Moving to another question will save this response.
Answers
Based on the question above, the correct answer goes thus:
2. a and b and cand dChartA chart is a graphical representation for data visualization, in which the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart.It can show tabular numeric data, functions or some kinds of quality structure and provides different information.In conclusion,we can conclude that a chart can show, Comparison, Distribution, Composition and Relationship.
Learn more about Chart here: https://brainly.com/question/14323743
Which of the following would be an advantage of engaging in international
trade over domestic trade?
Answers
Larger growth opportunities based on market size would be an advantage of engaging in international trade over domestic trade. Thus, option (b) is correct.
Businesses can reach a larger market through international trade, increasing their revenue. A company can run a higher risk of failing if it primarily concentrates on the home market since it is more susceptible to domestic economic developments.
International trading enables a business to diversify its clientele and lessen its reliance on a single market.
As a result, the significance of the advantage of engaging in international trade over domestic trade are the aforementioned. Therefore, option (b) is correct.
Learn more about on domestic trade, here:
https://brainly.com/question/30469355
#SPJ1
Your question is incomplete, but most probably the full question was.
Which of the following would be an advantage of engaging in international
trade over domestic trade?
A. Higher cost of production due to higher labor costs
B. Larger growth opportunities based on market size
C. Clear understanding of laws and statutes concerning business operations
D. Less choice for consumers because of fewer products
Mazu Mavuso is a 43-year-old South African resident who was employed by Veg & Fruit Limited, a South African company, until 30 November 2022. On 30 November 2022, Veg & Fruit Limited ceased its operations and the pension fund that Veg & Fruit Limited established for its employees also closed down. The Veg & Fruit Limited pension fund paid out R80 000 to Mazu Mavuso during the 2023 year of assessment. All Mazu Mavuso's pension fund contributions have been deducted in the determination of his taxable Income. Mazu Mavuso also decided to join a retirement annuity fund, to which he made a total contribution of R7 000 during the 2023 year of assessment. For the 2023 year of assessment, Mazu Mavuzo's receipts and expenses were as follow: Salary Director's fees earned Local dividends from South African companies Local interest from a non 'tax free investment' Pension fund contributions at 6.5% of his salary Retirement annuity fund contributions Qualifying medical expenses paid Donation to a qualifying section 18A Public Benefit Organisation R 720 000 110 000 45 000 24 500 ? 7 000 61 630 6 000 Calculate Mazu Mavuso’s taxable income for the 2023 year of assessment. (25 marks) 1.2) Calculate Mazu Mavuso’s total normal tax liability for the 2023 year of assessment. Assume that Mazu Mavuso had a taxable income of: • R770 900 before any retirement fund lump sum withdrawal benefits. • R843 900 after any retirement fund lump sum withdrawal benefits. (17 marks) Competency Framework Reference: E1.2 Interpretation of tax legislation b) Demonstrate the ability to apply the principles of tax interpretation to any new or unfamiliar tax legislation. E1.3 Application of tax legislation to calculate tax obligation a) Analyse the taxpayer’s tax profile. c) Apply the relevant law to the facts, determine the tax position and compute the tax payable (VAT or normal tax) for individuals and companies.
Answers
Explanation:
to calculated this question to solve
Why do you think most of the jobs in the United States and Canada are service jobs?
Answers
Answer:
Canada is also important to us for reasons of security.as the United States is to Canada. Explanation:
Through Canada pass the shortest flying routes from our country to Europe and Asia, the two continents that contain most of the world's population, wealth, and power.
Wilma sells her house for $600,000 two months after her husband passed away. They had purchased the house in 1952 for $58,000. Assuming they met the requirement for filing jointly, on what amount will Wilma have to pay income tax?
Answers
Wilma can exclude $500,000 of the gain from the sale of the house from her taxable income if she meets the requirements for married filing jointly.
What is the gain on the sale?The gain on the sale is $600,000 - $58,000 = $542,000. Since her husband passed away within the last two years, she is eligible for the $500,000 exclusion.
This leaves $542,000 - $500,000 = $42,000 as taxable gain. Wilma will have to pay income tax on $42,000. However, the exact amount of tax she will owe depends on the tax rates and other aspects of her financial situation.
Read more about income tax here:
https://brainly.com/question/30157668
#SPJ1
On January 1 of this year, Houston Company issued a bond with a face value of $18,000 and a coupon rate of 6 percent. The bond matures in 3 years and pays interest every December 31. When the bond was issued, the annual market rate of interest was 5 percent. Houston uses the effective-interest amortization method. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your final answers to whole dollars.) Required: 1. Complete a bond amortization schedule for all three years of the bond's life. (Enter all values as positive values.)
Answers
Answer:
Houston Company
The Bonds Amortization Schedule
Period PV PMT Interest FV
1 $18,490.18 $1,080.00 $924.51 $18,334.69
2 $18,334.69 $1,080.00 $916.73 $18,171.43
3 $18,171.43 $1,080.00 $908.57 $18,000.00
Explanation:
a) Data and Calculations:
Face value of bond = $18,000
Coupon rate = 6%
Annual coupon payment = $1,080 ($18,000 * 6%)
From an online financial calculator, the PV of the bond = $18,490.18:
N (# of periods) 3
I/Y (Interest per year) 5
PMT (Periodic Payment) = $1,080
FV (Future Value) = $18,000
Results
PV = $18,490.18
Sum of all periodic payments = $3,240.00
Total Interest = $2,749.82
Extreme Builders constructs houses. The standard labor rate is $25 per hour and the standard number of hours is 15,000 hours per home. During the year, it constructed 12 homes using 18,000 labor hours per home and a rate of $28 per hour. Calculate the Extreme Builders' labor rate variance. a.$648,000 F b.$540,000 F c.$648,000 U d.$540,000 U
Answers
Answer:
Direct labor rate variance= $648,000 unfavorable
Explanation:
Giving the following information:
The standard labor rate is $25 per hour. During the year, it constructed 12 homes using 18,000 labor hours per home and a rate of $28 per hour.
To calculate the direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (25 - 28)*216,000
Direct labor rate variance= $648,000 unfavorable
Who usually conducts a SWOT Analysis for a business?
Team members
Managers
Lawyers
Financial institutions
Answers
Managers usually conduct a SWOT Analysis for a business. A SWOT analysis is a tool for documenting internal strengths (S) and weaknesses (W) in your business, as well as external opportunities (O) and threats (T).
SWOT analysis (or SWOT matrix) is a strategic making plans and strategic management technique used to assist a person or enterprise perceive Strengths, Weaknesses, opportunities, and Threats associated with business opposition or challenge making plans. It's far on occasion called situational evaluation or situational analysis.[1] additional acronyms the usage of the same components consist of TOWS and WOTS-UP. This method is designed to be used within the preliminary ranges of selection-making approaches and may be used as a device for evaluation of the strategic position of agencies of many types (for-earnings establishments, neighborhood and country-wide governments, NGOs, etc.).[4] it is intended to pick out the inner and external factors which are favorable and damaging to reaching the objectives of the task or undertaking.
Learn more about SWOT here
https://brainly.com/question/25066799
#SPJ9
Pizza International, Incorporated, reported the following information (in thousands):
Operating Activities
Net Income $ 100
Depreciation 33,305
Increase in receivables 170
Decrease in inventory 643
Increase in prepaid expenses 664
Decrease in accounts payable 8,720
Increase in accrued liabilities 719
Decrease in income taxes payable 2,721
Payments on notes payable 12,691
Cash paid for equipment 29,073
The following is the summarized income statement for Pizza International, Incorporated (in thousands):
Revenues $ 143,551
Cost of Sales 45,500
Gross Profit 98,051
Salary and Wages Expense 56,835
Depreciation 33,305
Office Expense 7,781
Net Income before Income Tax Expense 130
Income Tax Expense 30
Net Income $ 100
Required:
Based on this information, compute cash flow from operating activities using the direct method. Assume Prepaid Expenses and Accrued Liabilities relate to office expenses.
What was the primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss?
Answers
The combination of adding back non-cash expenses, decreases in working capital accounts, and a decrease in inventory contributed to the large positive cash flow from operations despite nearly having a net loss.
To compute cash flow from operating activities using the direct method, we need to analyze the changes in different balance sheet accounts. Let's go step by step:
Step 1: Calculate Cash Flows from Operating Activities using the Direct Method
- Start with net income: $100,000
- Add back depreciation: $33,305
- Subtract the increase in receivables: $170
- Add the decrease in inventory: -$643 (Note: decrease is subtracted)
- Subtract the increase in prepaid expenses: -$664
- Add the decrease in accounts payable: -$8,720 (Note: decrease is subtracted)
- Subtract the increase in accrued liabilities: -$719
- Add the decrease in income taxes payable: -$2,721
- Subtract payments on notes payable: -$12,691
- Subtract cash paid for equipment: -$29,073
Cash flow from operating activities using the direct method: $99,464
Step 2: Analyzing the reason for positive cash flow from operations despite a net loss
The primary reason that Pizza International was able to report large positive cash flow from operations despite nearly having a net loss is due to non-cash expenses, such as depreciation, which is added back to net income. Depreciation is a non-cash expense that reduces net income but does not involve actual cash outflow. Therefore, adding back depreciation increases the cash flow from operating activities.
Additionally, there were decreases in working capital accounts, such as accounts payable and income taxes payable, which led to a positive impact on cash flow from operating activities. The decrease in accounts payable and income taxes payable means that Pizza International paid off its liabilities, resulting in a decrease in cash outflow.
Furthermore, there was a decrease in inventory, which also positively impacted cash flow from operating activities. Decreasing inventory reduces the amount of cash tied up in unsold goods.
For more such questions on depreciation
https://brainly.com/question/29894489
#SPJ8
select a business from any of three business sectors
Answers
A business from any three business sectors is industry. Businesses clearly differ in what they do.
Businesses are frequently classified according to their industry or sector. An industry is a group of businesses which are related in terms of their primary activity, such as car manufacturing or grocery sales. Smaller industries (such as car manufacturing) can be grouped to larger industry sectors (such as the manufacturing sector in general). An individual business is classified as belonging to a specific industry based on its primary activity.
As a result, this company would be classified as belonging to the automobile manufacturing industry rather than financial services.
Learn more about business, here:
https://brainly.com/question/15826679
#SPJ1