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3 years ago

Which of the following is the least liquid investment A. Savings account B. CD C. Mutual fund D. Cookie jar

Business

1 answer:

Drupady [299]3 years ago

4 0

Hello there!

The correct answer is option D- Cookie jar

As always, it is my pleasure to help students like you!

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Fonda Motorcycle Shop sells motorcycles, ATVs, and other related supplies and accessories. During the taking of its physical inv

saul85 [17]

Answer:

See attached file

Explanation:

4 0

3 years ago

What are the best and worst parts of working in international business?

Natasha2012 [34]

Having to deliver is one bad having wider variety or costumers is a good language change witch could cost to have a translator

7 0

3 years ago

Valotic Tech Inc. sells electronics over the Internet. The Consumer Products Division is organized as a cost center. The budget

Tcecarenko [31]

Answer:

Total Over budget = $112370

Total Under Budget= $ 56062

Explanation:

Valotic Tech Inc.

Budget Performance Report—Director, Consumer Products Division

For the Month Ended January 31, 2016

Budget Actual (Over) Under Budget

Customer service salaries $546,840 $602,350 (55,510)

Insurance & property taxes 114,660 110,240 4420

Distribution salaries 872,340 861,200 11,140

Marketing salaries 1,028,370 1,085,230 (56,860)

Engineer salaries 836,850 820,008 16842

Warehouse wages 586,110 562,632 23478

Equipment depreciation 183,792 183,610 182

Total $4,168,962 $4,225,270 (56308)

Total Over budget = $112370

Total Under Budget= $ 56062

Over budget means that the amount is spent more than the amount budgeted.

The Customer service salaries and Marketing salaries are over budgeted and the the director is expected to request supplemental reports of these to analyze where the amount has been overspent.

4 0

4 years ago

Evan is single and has AGI of $277,300 in 2020. His potential itemized deductions before any limitations for the year total $52,

tatiyna

Answer:

$24,402.50

Explanation:

Medical expenses can be deducted only if they are above 7.5% of your AGI:

$277,300 x 7.5% = $20,797.50

Medical deductions = $29,000 - $20,797.50 = $8,202.50

Evan can deduct $8,700 in mortgage interests

Total deductions for state and local taxes for a single filer = $5,000

Charitable contributions are also deductible = $2,500

total deductions = $8,202.50 + $8,700 + $5,000 + $2,500 = $24,402.50

6 0

3 years ago

An existing partner wants to contribute property having a basis less than its FMV for an additional interest in a partnership. a

tino4ka555 [31]

Answer:

He should not contribute the property to the partnership.

Explanation:

There is an ensuing loss if the partner contributes the property to the partnership instead of a gain. Partnerships recognize the basis of contributed capital. They usually compare the fair market value with the book value to determine if a loss has been incurred or a gain made. However, the tax consequences of the contributed property will be allocated to the partner making the property contribution.

8 0

3 years ago