Answer: $6,600
Explanation:
Income, although not typically in a taxpayer’s possession, is usually constructively received in the taxable year which is when it is credited to the person's account, or made available so that the person may draw upon it at any time, or could have drawn upon it in the taxable year when the notice of intention to withdraw has already been given.
However, income is not constructively received when the taxpayer’s control of receipt is subject to limitations or restrictions. In this case, the last month’s rent ($600 security deposit) has already been constructively received and is included; but, the rent that was received in January for the December rent has not been constructively received and is therefore not included for a total of $6,600 which was derived from the [$600 deposit which was last month rent + ($600 × 10 months Feb-Nov)].
= $600 + $6000
= $6600
Answer:
The correct answer is B. Bieber and Rihanna will each break the agreement. Both singers' profits will decrease.
Explanation:
Most likely, their earnings will decrease, because they will have to do their job independently. In the same way, the public will not hire or accept them in the same way as before. You need to get used to this new decision in order to have a better approval.
Macroeconomics explains the behavior of individual households and business firms; microeconomics is concerned with the behavior of aggregates or the economy as a whole False.
A member of a business organization that owns or operates one or more branches. "He worked for a brokerage firm," a housing company, a corporation - a trading company whose articles of incorporation are approved in any state. Product design and reliability, services provided by the product, and ease of access. Products; Prices - Each firm faces its own downward slope demand curve as they produce differentiated products.
- Natural resources: Anything taken directly from nature without prior transformation (soil, air, water, wood, etc.).
- Capital: Funds required to invest in tools, machinery, equipment and technology.
- Human Resources: The physical and mental capabilities of workers.
- Entrepreneurship: Innovative ideas that shape business models.
Learn more about individual households here:
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Answer:
The excess amount paid should be recognized as Goodwill.
Explanation:
Goodwill is the excess amount over net assets of the investee company, paid by investor to the shareholders of the investee company.
Goodwill is calculated as value paid to acquirer less fair value of net assets (fair value of assets minus fair value of liabilities).
