Answer:
$1,200
Explanation:
Actual Cash Value defined either as i) the fair market value of the item, or ii) the Replacement Cost of the item minus depreciation based upon the age of the item that was damaged.
Replacement cost = $2,000
Depreciation= 3 years remaining of it's life = 3/5 × 100 = 60%
Actual cash value = $2,000 × 60% = $1,200.
A Joint Venture is a specific type of strategic alliance in which the partners form a separate, independent organization for some business purpose.
An organization or organization is an entity, such as a company, institution, or association, made up of one or more people and having a specific purpose. The word comes from the Greek word organon, which means tool or instrument, instrument or organ.
The definition of organization refers to the act of putting things in logical order, an efficient and methodical approach to a task, or a formally assembled group of people. Clearing out your desk and putting all your papers in a logical place is an example of organization.
Learn more about organization here:brainly.com/question/19334871
#SPJ4
Answer:
C) II and III
- Act as a dealer
- Charge a mark-up or a mark-down
Explanation:
Dealers can purchase and sell securities on their own accounts, this is called position trading. When they carry on this type of transactions, they charge markups instead of commissions.
Brokers act like agents, and they can only arrange a transaction between clients and they charge a commission for their work.
Answer:
Net income = $180,000
- salaries = ($30,000 + $35,000 + $10,000 = $75,000)
adjusted net income = $105,000
the adjusted net income must now be divided equally between the 3 partners:
- Bonnie: $35,000
- Clyde: $35,000
- daughter: $35,000
Their yearly gross income:
- Bonnie: $35,000 + $30,000 = $65,000
- Clyde: $35,000 + $35,000 = $70,000
- daughter: $35,000 + $10,000 = $45,000
total taxable income = $65,000 + $70,000 + $45,000 = $180,000
The choices can be found elsewhere and as follows:
A. marketing strategy-type information;sales data
B. results of surveys on consumer satisfaction; accounts payables
C. transactions such as sales, payroll, and other expenses; financial statements
D.transactions such as the cash flow statement; payroll taxes
I think the correct answer is option D. In a private company’s accounting system, inputs are transactions such as the cash flow statement and outputs are payroll taxes. Hope this answers the question.
