Answer:
d
Step-by-step explanation:
To determine if (1, 2) is a solution to the system
Substitute x = 1, y = 2 into the inequalities and check their validity.
y > 2x → 2 > 2 ← incorrect statement
x + y < 3
1 + 2 < 3 → 3 < 3 ← incorrect statement
(1, 2) is not a solution to either inequality → d
Answer:
Step-by-step explanation:
Firm W owns the business
, both goodwill and going concern value are owned by it. So it has no tax liabilities and chooses not to report in its business tax return.
Firm X may have been acquired, it must amortize both goodwill and going concern for 15 years and that is why reported it on its tax return as deduction.
*Intangible assets that may not be listed on balance sheet during acquisition, must be amortized for 15 years.
