Answer:
The statement is: False.
Explanation:
A life estate comprehends the property that someone owns during a lifetime. The benefit of a life estate is that property will transfer without the need of the beneficiary appearing in the will after the holder is deceased. They cannot put the property on sale until the holder's decease, though. As well, holders cannot do anything at will without consulting their simple-fee owners.
Based on the current economic expansion (beginning in mid-2009), the bottom 90% of earners are actually losing income.
Generation Z refers to the generation born between 1997 and 2012, following the millennial generation. Gen Z will soon be the largest cohort of consumers. Brands wanting to participate in this opportunity should understand their own trends and digital expectations. Economics is the social field that studies how communities use scarce resources to meet their insatiable needs.
Three factors have contributed to the rapid growth of the world population over the last 200 years: Decreased mortality due to economic concomitant increases in fertility; better treatment of the disease reduces child mortality.
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Answer:
Explanation:
Answer:
$200000 + $200000 +$50000(to COLE's bonus)
= $450000
Ruby corporation uses accrual method.
A corporation that is using accrual method, cannot claim a deduction for an accrual with respect to a related party until the recipient reports that amount as income.
Here, Cole owns more than 50% (55%) so its a related party and it will report bonus on february 1,2017
Therefore, Ruby can not deduct bonus payable to oliver in 2016
Hence total deductible in 2017 would be $450000.
A 10-K is just a <u>more detailed Annual Report</u>, without the visuals.
They includes info regarding the company and it's <u>financial performance</u> over the <u>last year</u>.
<u>Balance Sheet's</u> are <u>financial statements</u> that report a company's assets, liabilities, and equities at a <u>specific point in time</u>.
Therefore, we can conclude that 10-K reports include Balance Sheets
