Answer:
" Tax brackets are the divisions at which tax rates change in a progressive tax system. Essentially, tax brackets are the cutoff values for taxable income—income past a certain point is taxed at a higher rate. "
Answer: (a) Retained earnings = Equity.
(b) Sales = Revenues.
(c) Additional paid-in capital = Equity.
(d) Inventory = Assets.
(e) Depreciation = Expenses.
(f) Loss on sale of equipment = Losses.
(g) Interest payable = Liability.
(h) Dividends = Dividends payable are a liability. Dividends paid are a decrease in the accumulated results of the company as they are distributed to the owners.
(i) Gain on sale of investment = Gains.
(j) Issuance of common stock = are investments by the owners that become part of the capital.
I believe it’s c. Let me know if I’m right
I think B by Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks
Answer:
In this case, the broker:
b. may not show the buyer homes in the other state without a non-resident license.
Explanation:
A state line is a boundary that defines one state from another. States are defined by the state line that encloses them.All states in the United States have specific rules that govern their social, political and economic welfare. Conducting a business in a state requires that one has to firstly get information on the laws that regulate business activities in the area. The most common document that one needs to operate a business in any given state is a business license. The business license gives one the legal right to conduct his/her duties in the particular state.
Operating in a state has to be understood before determining whether or not one will need some kind of legal right to conduct his/her business. The requirements for one to qualify as operating in a state are;
1. When one owns property in that state.
2. Having facilities in that state where formal meetings regularly take place
3. Selling in the state using a party directly related to your business
4. When an individuals owns a bank account in that state
In our case, since the brokers action can be termed as business related and he/she is not a resident of any of the adjoining states, the broker has to have a non-resident license to show the buyer homes in those states.
