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3 years ago

If your poll is to accurately reflect public views, your survey respondents must reflect the

1 answer:

6 0

<span>If your poll is to accurately reflect public views, your survey respondents must reflect the </span>population.

Hope this helps !

Photon

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6 0

1 year ago

Samson Corporation sold the following during the year: Two delivery trucks purchased in March 2016 for $78,000 are sold in June

Marta_Voda [28]

Answer:

Truck = Short term capital loss of $8,000

Land = Long term capital gain of $320,000

Machine = Long term capital loss of $125,000

Building = Long term capital gain of $125,000

Net effect Long term capital gain of $125,000

And Short Term Capital Loss of $8,000

Explanation:

As for the provided information we have,

Sale of Trucks within a few months, as purchased in March and sold in June, therefore,

Sale price - Carrying value = $70,000 - $78,000 = -$8,000

Therefore, it is short term capital loss

Sale of land which is 5 years old, therefore, it will be long term.

Sales price - Carrying value = $400,000 - $80,000 = $320,000

Long term capital gain = $320,000

Machines are old and now depreciated, thus it will be long term

Sale price - carrying value = $75,000 - $200,000 = - $125,000 Long term capital loss

Building purchased 8 years ago will be long term in nature, therefore,

Sale price - carrying adjusted basis = $425,000 - $300,000 = $125,000 Long term capital gain.

Final Answer

Truck = Short term capital loss of $8,000

Land = Long term capital gain of $320,000

Machine = Long term capital loss of $125,000

Building = Long term capital gain of $125,000

Net effect Long term capital gain of $125,000

And Short Term Capital Loss of $8,000

7 0

3 years ago

Typically banks rely on other banks to lend reserves to one another. Which interest rate do they charge for these loans

soldier1979 [14.2K]

Answer:

Federal funds rate

Explanation:

federal funds rate is simply known as the interest rate at which depository financial institutions borrows(lends) funds maintained at the federal reserve to other depository financial institutions usually or Maybe overnight.

It is simply the interest rate that one bank charges another for borrowing money overnight. Its importance is to help banks meet their reserve requirements and prevent bank failure and also may be use to stimulate the economy.

5 0

3 years ago

Comparing how many dollars it takes you to run your car each year to annual earnings on a job insteadof keeping track of costs i

stepan [7]

Answer:

Explanation:

Money has several functions, one of its principal function is using it as unit of account. By comparing the amount in dollars spent on running a car yearly to annual earnings instead of keeping track in terms of gasoline cost and quarts of oil shows that money has been used as a unit of account.

This means that the amount of gasoline gallons bought and quarts of oil has been essentially replaced by the cost of these purchases and hence avail is the power to use money as a unit of account

5 0

3 years ago

Another bank is also offering favorable terms, so Rahul decides to take a loan of $18,000 from this bank. He signs the loan cont

Snowcat [4.5K]

Answer:

The total amount that Rahul owes the bank at the end of the loan's term is $18,455.61

Explanation:

Hi, in order to find the total amount that Rahul will owe the bank in 3 months, we need to use the following formula (this is for a compounded daily rate).

$FutureValue=PresentValue(1+\frac{r}{365} )^{\frac{n*365}{12} }$