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3 years ago

7

Stella is 16 years old she earned 3000 this year at a local ice cream shop, and another 3,500 in cash babysitting her neighbor's

son does she need to file a tax return

1 answer:

jeyben [28]3 years ago

4 0

Answer:

No

Explanation:

Stella doesn't make over 12,000 dollars.

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How is goodwill calculated? A. The amount paid to purchase a business in excess of the market value of its net assets. B. An est

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Answer:

Goodwill is calculated as A. The amount paid to purchase a business in excess of the market value of its net assets.

Explanation:

Goodwill is the quantification of the value of the name or reputation of a business. It is an intangible asset for the business that arises and is recorded as part of a business's value when it is sold. Goodwill is the additional amount paid by the buyer in excess of the amount that a business's tangible net assets are worth. Thus, goodwill can be calculated as the amount paid in to purchase a business in excess of the market value of its net assets.

For example, If a business is purchased for $100 whose net assets, which are Total assets less total liabilities, are worth $80. Then the goodwill is the $20 that is the difference of the amount paid to purchase the business and the value of its net assets.

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3 years ago

All of the following are necessary to calculate the total purchase price for a municipal bond traded on a yield basis in the sec

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Answer: The response options are wrong, those that correspond according to what I found on the internet are:

All of the following are necessary to calculate the total purchase price for a Municipal bond traded on a yield basis in the secondary market EXCEPT:

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Exercise 6-31 (Algorithmic) (LO. 3) Stanford owns and operates two dry cleaning businesses. He travels to Boston to discuss acqu

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,Answer:

See below

Explanation:

With regards to the above, since the restaurant was not acquired, the cost that is related to acquisition of restaurant will be ignored. It means that the $35,750 will not qualify for deduction.

Also, the expenses for considering the bakery $53,700 will not be allowed all at once.

Now, for any amount exceeding $50,000 there will be a reduction of $5,000

Reduced = $53,700 - $50,000 = $3,700

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$5,000 - $3,700 = $1,300 deductions

Now,

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3 years ago

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Answer:

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