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3 years ago

What are four reasons to limit the scope of a small business

Business

1 answer:

postnew [5]3 years ago

4 0

The Offering, The Funding Mechanism, The Employee Management System, and The Customer Management System.

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Capital requirements for banks serve all of the following purposes EXCEPT:________.a.to offset the change in incentives caused b

SCORPION-xisa [38]

Answer:

b. to reduce deposits

Explanation:

A Capital requirement refers to the amount of capital that a financial institution must have to meet the requirements set by it's financial regulator. All of the answers provided are purposes that this hopes to accomplish except for reducing deposits. It actually hopes to increase deposits which means more customers that are coming in.

3 0

3 years ago

Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,000 in investment expenses. T

Reil [10]

Answer:

Please check the following explanation

Explanation:

Capital losses are not included in the calculation of net investment income. Therefore, $2,000 long-term capital loss would have no effect on investment income. Thus, Porters' investment income will remain $2,500.

Consequently, Porters' can deduct $2,500 of the investment interest expense and the remaining $500 of investment interest expense will be carried over to next year.

4 0

3 years ago

Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to determine Bounty's

Svetlanka [38]

Answer:

Variable cost per unit= $0.10

Explanation:

Giving the following information:

Cost Machine Hours

March $3,106 15,176

April 2,668 9,558

May 2,892 11,947

June 3,538 17,899

<u>To calculate the variable cost under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (3,583 - 2,668) / (17,899 - 9,558)

Variable cost per unit= $0.10

8 0

3 years ago

What is the idea behind “cutting taxes” (lowering taxes). select one:

earnstyle [38]

The correct option is A. The effect of tax cut is reduction in the amount of money that the government is generating and increase in the amount of money available to those whose taxes are reduced. Government usually cut taxes in order to boost the economy through increased spending.

8 0

3 years ago

Splish Brothers Inc. reported a net income of $3.3 million in 2017. Depreciation for the year was $161,700, accounts receivable

tino4ka555 [31]

Answer:

net flow from operating activity is = $3503000

Explanation:

given data

net income = $3.3 million

Depreciation = $161,700

accounts receivable = $322,100

accounts payable = $280,800

to find our

net cash provided by operating activities using the indirect approach

solution

cash flow statement as per indirect method is as

particular amount

net income $3300000

adjustment to reconcile net income to

net cash provide operation activity $203000

net flow from operating activity $3503000

adjustment to reconcile net income = depreciate expense + accounts receivable - account payable

= $161700 + $32100 - $280800

= $203000

and

net flow from operating activity is = net income + adjustment to reconcile net income to net cash provide operation activity

net flow from operating activity is = $3300000 + $203000

net flow from operating activity is = $3503000

5 0

3 years ago