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4 years ago

Which of the following is not a cost typically associated with owning a car?

Business

2 answers:

Tom [10]4 years ago

8 0

Your answer would be #3 - wear and tear fees

Ivanshal [37]4 years ago

3 0

Correct answer choice is:

C: Wear and tear fees

____________________________________________________________

Explanation:

Wear and tear is a loss that spontaneously and unavoidably happens as a consequence of natural wear or aging. It is practiced in a legitimate connection for such fields as guarantee commitments from corporations, which normally specify that suffering from wear and tear will not be incorporated. Rental car cost levied on transport use exceeding what is deemed rational (but never defined). It customarily includes both outside damage (such as dents and scrapes) and internal deterioration (such as filling spots). Also described extreme wear and use charge.

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Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?

ludmilkaskok [199]

Answer:

The Best 5 Reasons For Businesses to Extend Credit

Additional Cash Flow. If customers can put off payment without consequences, they will. ...

Additional Sales

Additional sales will come in the form of customers spending more money on your products and services. ...

Higher Customer Loyalty. ...

Leverage During Negotiations. ...

Simple Technique For Extending Credit.

When selling on credit, there is a chance that the customer may go bankrupt and fail to pay you. The company will lose revenue. The company will also have to write off the debt as bad debt

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4 0

3 years ago

Jerilyn is a 30% partner in the APJ Partnership when she sells her entire interest to Melly for $92,000 cash. At the time of the

k0ka [10]

Answer:

Jerilyn will have a gain of $17,000 from sale of her interest

Explanation:

Jerilyn will recognize a gain on the sale of her interest and the gain amount would be $17,000 which is computed from the difference among her basis in APJ of $75,000 and sells her interest for $92,000 ($92,000 - $75,000).

She recognizes the gain as she receives the only cash for selling her interest and the amount is more than her basis in her partnership interest and also APJ has no hot assets, therefore, the gain will be recognized as capital.

4 0

3 years ago

Tri-coat Paints has a current market value of $41 per share with earnings of $3.64. What is the present value of its growth oppo

sammy [17]

Answer:

the present value of its growth opportunities (PVGO) is $0.56

Explanation:

The computation of the present value of growth opportunities is shown below:

= Price per share - (Earnings ÷ required rate of return)

= $41 - ($3.64 ÷ 9%)

= $41 - $40.44

= $0.56

hence, the present value of its growth opportunities (PVGO) is $0.56

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

What is a typical first transaction for a business?

sammy [17]

Answer:

In summary, that first business transaction involved the exchange of goods and/or services between buyers and sellers. Initially it probably took place in the context of kin altruism and later expanded to reciprocal altruism.

Explanation:

3 0

3 years ago

Ilene rents a property for the entire year. During the year, Ilene reported a net loss of $15,000 from the rental. If Ilene is a

Maksim231197 [3]

The loss can she deduct against ordinary income in the year is $5000.

<h3>How to calculate the loss?</h3>

AGI = $140000

Less: Allowable limit = $100000

Excess = $40000

50% of excess = $20000

Less: Net loss = $15000

Loss deduction = $5000

Therefore, the loss can she deduct against ordinary income in the year is $5000.

Learn more about income on:

brainly.com/question/15834358

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6 0

2 years ago