1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
m_a_m_a [10]
3 years ago
8

Identify which of the following statements is false.

Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

Answer: The correct answer is "D. A​ shareholder's S corporation stock basis will increase when the shareholder acts as guarantor on a corporate indebtedness.".

Explanation: The statement D. A​ shareholder's S corporation stock basis will increase when the shareholder acts as guarantor on a corporate indebtedness. is <u>FALSE</u> because a shareholder's S corporation stock basis does not increase when the shareholder acts as guarantor on a corporate indebtedness.

You might be interested in
What are tariffs? What are some of the harmful effects of tariffs?
vodka [1.7K]
A tariff is a tax on exported goods, if a tariff is too high then it will increase the cost of the item so the people who are buying have to pay more.
5 0
3 years ago
Read 2 more answers
True or false? you have to be careful because other people will try to steal your idea.
Elanso [62]
True rather be safe then sorry
7 0
3 years ago
Which of the following pair of journal entries correctly records the current month's activity where the company had $21,030 in t
Lelechka [254]

Answer:

----------------------    -   -------------------------------

Factory Payroll         21030

             Cash                        21030

----------------------    -    -------------------------------

Goods in process     16200

Factory Overhead     4830

       Factory Payroll               21030

----------------------    -    -------------------------------

Explanation: The payment of the total labor factory costs must be recorded, we debit the "Factory payroll" cost account and credit the "cash" account as they were paid in cash.

Then we must allocate these costs to the production process, therefore we debit the "goods in process" account for the amount of <u>direct labor</u> consumed, and "factory overhead" for the amount of <u>indirect labor </u>consumed, and finally credit the account " Factory payroll " for the total.

7 0
3 years ago
The application was built with regard to the number of files that can be sent and not built according to the size of each file.
Strike441 [17]

Answer: incomplete

Explanation: the client provided Kanska with incomplete details, in its requirement the client should have specified that the sizes of the files sent differ

7 0
3 years ago
Corporate Fund started the year with a net asset value (NAV) of $12.50. By year-end, its NAV equaled $12.10. The fund paid year-
Setler79 [48]

Answer:

The rate of return to an investor in the fund=0.088*100=8.80%

Explanation:

Given Data:

NVA at the start of the year=(NAV)_o=$12.50

NVA at the end of the year=(NAV)_f$12.10

Distributions of income and capital gains =$1.50

Required:

The rate of return to an investor in the fund=?

Solution:

Rate of return=\frac{(NAV)_f+\ Distributions}{(NAV)_o}-1

Rate\ of\ return=\frac{12.10+1.50}{12.50}-1 \\Rate\ of\ return=0.088

The rate of return to an investor in the fund=0.088*100=8.80%

5 0
3 years ago
Other questions:
  • Meade Nuptial Bakery makes very elaborate wedding cakes to order. The company has an activity-based costing system with three ac
    10·1 answer
  • The minimum number of training days per week for gaining strength is:
    15·1 answer
  • Volvo, working with fedex, set up a warehouse in memphis with a complete stock of truck parts. a dealer needing a part for an em
    13·1 answer
  • What is the difference between a checking account debit card and a gift card?
    9·1 answer
  • Whats the tax used on airline tickets and gasoline?
    10·1 answer
  • Suppose you are a salesperson for an office supply company. one of your customers left you a message indicating that they were u
    8·1 answer
  • What strategy should you use while communicating with employees from other cultures
    13·1 answer
  • If a 10 percent increase in both capital and labor causes output to increase by less than 10 percent, the production function is
    5·1 answer
  • Jim makes a contract with Oleta to sell her a 1965 lava lamp once owned by a famous artist. Jim later decides that he does not w
    13·1 answer
  • Family Farms Inc., a company which deals in dairy products, adheres to a standard of behavior for its employees, and it follows
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!