Answer: False
Explanation:
The process of Amortization spreads out a loan into a series of fixed payments over time.
The borrower essentially pays the both the loan's interest and it's principal in varying amounts per month but the total payment is the same.
During the beginning of the loan repayment schedule, interest costs are known to be highest and only a small portion of the balance/principal is paid.
The statement is therefore FALSE.
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Answer:
The answer would be FALSE
Explanation:
There is no information necessary to answer the question but it is more likely that a couple with children will want to accept a job abroad because they have no responsibility such as child support, school, etc. for a child.
In the case of a couple with small children, they are less likely to agree to go elsewhere because of the expenses that this would imply.
Answer:
1
dr Rent expenses 440
cr Prepaid rent 440
Rent december
2
dr Depreciation expenses 183,33
cr Accumulate depreciation 183,33
Depreciation december
Explanation:
1
dr Rent expenses 440
cr Prepaid rent 440
Rent december
2
dr Depreciation expenses 183,33
cr Accumulate depreciation 183,33
Depreciation december
Answer:
The answer is: A) Under our current tax laws, when investors pay taxes on their dividend income, they are being subjected to a form of double taxation.
Explanation:
A general complain by investors is that many times they suffer from double taxation.
If a corporation pays out dividends, it means that it has already paid its corporate income tax. Dividend payments are based on net profit (after taxes are paid).
Once an investor gets his dividends, they generally are included in their gross income. Some qualified dividends are taxed at lower rates. But whatever the rate used, they are being taxed again.
This happens since corporations exist as separate entities from their stockholders, so the corporation and the stockholders are taxed separately.
