MTD <span>You are concerned about the risk that an avalanche poses to your $3
</span>million shipping facility based on expert opinion you determine that <span>there is a 5
</span><span>percent chance that an avalanche will occur each year</span>
Answer:
Thus the cost of acquisition as well as the cost of improvement by the previous owner of a capital asset shall be the cost of acquisition of such asset to the person selling the such capital asset acquired under gift or inheritance and the indexation shall be allowed from the year of acquisition or improvement by the previous owner.
Explanation:
not rlly sure tho
Answer:
c. Universal Computer Corp.’s purchase of a competitor’s subsidiary.
b. Atlanta Aeronautics Co.’s purchase of a new piece of equipment.
Explanation:
Consider the following definition.
What is capital Budgeting ? Capital budgeting is the process a business undertakes to evaluate potential major projects or investments.
Answer:
$106 million
Explanation:
allowance for doubtful accounts
debit credit
beg. balance 426
bad debt 85
ending balance <u>405 </u>
106
Since you need $106 million to balance the account, that should be the amount of bad debt written off during the current year. Allowance for doubtful accounts is a contra asset account, any debit balance increases accounts receivable while a credit balance decreases it.
Answer: Option (C)
Explanation:
Environmental forces are referred to as or known as those forces which tends to involve shared beliefs and attitudes of population. Most of the marketing managers have found their task and job increasingly hard because of the fact that lifestyles, consumer values, and also beliefs are changing at a much more rapid rate than they did used to.