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3 years ago

Do I have to go to college to work at U.S printing and engraving

Business

2 answers:

BARSIC [14]3 years ago

8 0

I believe you do but I would do some research

Softa [21]3 years ago

7 0

I believe you have to have some type of experience to work there. You know what I mean?

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A home equity loan can be risky because the lender can foreclose if you don’t make your payments. True or False

grin007 [14]

Answer: A home equity loan can be risky because the lender can foreclose if you don’t make your payments. The following statement is true.

But the foreclosure depends on the value of your home. Defaulting on a home equity loan could result in a foreclosure. The home equity lender does depends on the value of your home. If you have equity in your home, your lender is more likely to start foreclosure, since it has a seemingly great chances of recovering some of its money. The more equity, the more likely your lender will choose to foreclose.

5 0

4 years ago

On September 1, 20X1, Revsine Co. approved a plan to dispose of a segment of its business. Revsine expected that the sale would

Lady_Fox [76]

Answer:

losses from discontinued operations 395,000

Explanation:

From 1/1/20X1 to 8/31/20X1 realized loss 300,000

From 9/1/20X1 to 12/31/20X1 realized loss 200,00

EXPECTED Profit from 1/1/20X2 to 3/31/20X2 400,000

As the accounting carries the accrued principles Revsine's expectations aer not accrued thus, do not included until realized.

The company has losses for 500,000 with a tax-rate of 21%

This generates a tax-shield of 105,000

net of taxes: 500,000 - 105,000 = 395,000

7 0

4 years ago

At year-end, ABC Company is completing its closing process. Use the following account balances to demonstrate the closing of the

allsm [11]

Answer:

Debit Retained Earnings $500.
Credit Dividends for $500.

Explanation:

Dividends are payments to shareholders as a means of sharing company profits to them.

As they are a means of sharing profits, they will be paid from the Retained Earnings account. As this is an Equity account, it should be debited when it is to be reduced so Retained Earnings will be debited by $500 which is the dividend amount.

The dividend account will be credited to indicate that this is a debt that needs to be paid to shareholders so the Dividends account will be credited by $500.

5 0

3 years ago

Brooklyn has been contributing to a traditional IRA for seven years (all deductible contributions) and has a total of $30,000 in

Zolol [24]

Answer: $13,200

Explanation:

Given that,

Contributing to a traditional IRA = 7 years

Total in account = $30,000

Withdrawal from IRA to help pay for the car = $20,000

marginal tax bracket = 24 percent

Therefore,

After tax withdrawal:

= Withdraws - 10% penalty as per IRS for early withdrawal - 24% tax on $20,000

= $20,000 - 0.1 × 20,000 - 0.24 × 20,000

= $20,000 - 2,000 - 4,800

= $13,200

6 0

3 years ago

Read 2 more answers

Wolfgang, who is age 33, records AGI of $125,000. He incurs the following itemized deductions for 2018: Medical expenses [$15,00

9966 [12]

Answer:

There is a positive adjustment of $5,200

Explanation:

Medical expenses

$2,500

State income taxes

Charitable contributions

$5,000

Qualified housing interest

$6,000

Casualty loss

$1,800

Miscellaneous itemized deductions

Total

$15,300

There is a positive adjustment of $5,200

6 0

4 years ago