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Sergeeva-Olga [200]
3 years ago
11

Which one of the following statements is wrong?

Business
1 answer:
Illusion [34]3 years ago
8 0

Answer:

A. PLUS (Parent Loan for Undergraduate Students) loans are for parents to borrow to help pay for a dependent's undergraduate education expenses, and are based on financial need.

Explanation:

Which one of the following statements is wrong?

PLUS (Parent Loan for Undergraduate Students) loans are for parents to borrow to help pay for a dependent's undergraduate education expenses, and are based on financial need.

  • it should be attending post secondry schools
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A resident of California sells Nevada real estate in an installment sale. In the current year he receives a return of principal
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Answer:

The taxable income is $13000

Explanation:

The sell by California resident = $10000

The taxable gains = $2000

Given interest rate = $1000

Since during the year total amount received is the return of principal, gains, and interest rate. Therefore total amount = 10000 + 2000 + 1000 = $13000

Thus, the total amount received during the years is California taxable income.

7 0
2 years ago
The number of new domestic wind turbine generators installed each year in a particular country has been forecast to increase at
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Answer:

2030

Explanation:

The computation of the total number of new generators including this year is shown below

Given that

(A) = 100

Common Ratio (r) = 1.15

n = 10

Now

Sum of 10 terms Sn is

= A × (r n - 1) ÷ (r - 1)

= 100 × (1.1510 - 1) ÷ (1.15 - 1)

= 100 × 3.0456 ÷ 0.15

= 2030

We simply applied the above formula so that the total number of new generators could come

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The gross increases in retained earnings attributable to business activities are called
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They are called revenues.
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An owner who is active in managing the company, and who has unlimited liability for claims against the firm is a(n) ___________
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An owner who is active in managing the company, and who has unlimited liability for claims against the firm is a "general" partner.

A general partnership, the essential type of association under common law is a course of action by which at least two people consent to partake in all advantages, benefits and monetary and legitimate liabilities of a business. Such partners have boundless liability, which implies their own assets are at risk to the partnership's commitments.  

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