Answer:
(A) The cash surplus can be used for a variety of purposes. In the short-term, they may replace their car, buy better furniture, or more quickly pay off their home. TRUE
(B)Alternatively, they may purchase stocks and bonds, or increase their savings for future needs. TRUE
(C) Investments in the stock market are generally designed to increase an individual's future wealth, the purchase of bonds typically allows one to at least retain their purchasing power, while investment in savings accounts provide liquidity. FALSE
Explanation:
(A) The currency can be used to anything he owner wants.
(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved to invest
(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.
As this part is not true, then the whole sentence must be catalogate as false.
Answer:
a. AB and YX are both general partners.
AB's basis in the partnership's interests = $527,000 + ($263,500/2) = $658,750
YZ's basis in the partnership's interests = $457,000 + ($263,500/2) = $588,750
Each partner share 50% interest in the recourse debt.
b. AB is a general partner, and YZ is a limited partner.
AB's basis in the partnership's interests = $527,000 + $263,500 = $790,500
YZ's basis in the partnership's interests = $457,000
Only AB has a share in the recourse debt, since YZ is a limited partner it has no recourse debt share.
The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
<h3>What is the exterior finish of a house?</h3>
The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.
A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.
Thus, the exterior finish of the house is:
- An entry door
- Cornice
- Exterior wall coverings
From the given options;
- The ceiling of a porch or breezeway is usually inside the house.
Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.
Learn more about a house here:
brainly.com/question/1739912
The authority that Jerry has which allows him to complete inspections and settle claims is called an Express authority.
<h3>What is express authority?</h3>
This is a kind of authority that an agent has that is clearly spelled out in writing or given orally.
Jerry has a contract with ABC Insurance that writes what he is allowed to so which means that his powers are expressly given.
Find out more on express authority at brainly.com/question/15008947.
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Answer:
First year depreciation expense is $2,250
Explanation:
Total depreciation expense is given by:
Price - Salvage Value = 40,000 - 4,000 = 36,000
That $36,000 depreciation expense would be spread out for 200,000 miles.
So for the first year in which the truck is used 12,500 miles, the depreciation expense will be
Question answered.
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