Answer:
true
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Answer:
INCOME STATEMENT
Net sales $710
Cost of goods sold ($585)
Selling, gen & admin expenses ($39
)
Depreciation <u> ($13) </u>
EBIT $73
Interest expense <u> ($26
)</u>
Taxable income $47
Taxes <u> ($16
) </u>
Net income <u> $31 </u>
Balance Sheet
Property, plant, and equipment $525
Less accumulated depreciation <u>($121)</u>
Net fixed assets $404
Inventories $51
Cash $16
Receivables <u>$40
</u>
Total current assets <u>$107 </u>
Total Assets <u>$511</u>
Shareholders’ equity $94
Long-term debt $355
Payable $36
Debt due for repayment <u>$26
</u>
Total current liabilities <u>$62</u>
Total liabilities <u> $417 </u>
Total liabilities & shareholders’ equity <u>$511</u>
Explanation:
Sales and Expenses balances are included in Income statement. Assets, Equity and Liabilities balances are included in the balance sheet.
Answer:
In order for Suzanne to be considered an active participant in her stores, she must work at least 31 hours more. That way, her total working hours will be above 500, and she can deduct any losses from her adjusted gross income.
If she doesn't work at least 31 hours more, these activities will be considered passive activities and can only offset passive income.
Explanation:
Answer:
in the wild, where she stories animals development and behaviour,and then travel to zoos where she report her findings
Answer:
The number one retirement related problem in developed countries is:
healthcare costs
Explanation:
With retirement, the healthcare costs increase because most of the retirees who are no longer in the physical mood to exercise will need to be taken care of their health. Retirees tend to have increased level of health-related complications. Even for those who are physically able, there is still increased need for healthcare. And other retirees will develop eye treatment complications. All these increase the healthcare costs. So, the most important retirement related issue is healthcare costs and not elder abuse, dependent children, or housing.
