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3 years ago

9

The only income Ramon needs to report on his Schedule C is his income from Form 1099-K, Payment Card and Third Party Network Tra

nsactions.
a. True
b. False

1 answer:

madreJ [45]3 years ago

8 0

Answer:

False

The statement stated above is not true.

Explanation:

Ramon needs to keep report into his Schedule C is his income from Form 1099-K is not only the entity but other aspects too along with Payment Card and Third Party Network Transactions.

Sole - Proprietors income is reported on their schedule C as a gross receipts that subjects to the tax related to the self employment.
It is the form used to prepare report on the payments received through different third party networks.

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What is the most important about the Finance Manager of an agency?

Archy [21]

Often, controllers oversee the accounting, audit, and budget departments. Treasurers and finance officers direct their organization's budgets to meet its financial goals. They oversee the investment of funds. They carry out strategies to raise capital (such as issuing stocks or bonds) to support the firm's expansion.

i hope this helps you out!!!!

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3 years ago

Edelman Engines has $5 billion in total assets — of which cash and equivalents total $90 million. Its balance sheet shows $1 bil

masha68 [24]

Answer:

Edelman's market/book = 2.29

Edelman's EV/EBITDA = 10.52

Explanation:

Firstly, we need to calculate enterprise value (EV) & fiem value (FV) of Edelman Engines as below:

EV = Market value of equity + Net market value of debt

= Stock price x Number of share outstanding + (Debt - Cash)

= 24 x 0.3 + (3.25 + 1 - 0.09) = 11.36

FV = Market value of equity + Market value of debt

= Stock price x Number of share outstanding + Market value of debt

= 24 x 0.3 + 3.25 + 1 = 11.45

Edelman's market/book = FV/Total asset = 11.45/5 = 2.29

Edelman's EV/EBITDA = 11.36/1.08 = 10.52

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3 years ago

An investor seeking tax advantages through an oil and gas dpp. with this type of partnership he would expect to benefit most fro

Olenka [21]

The answer is<u> "depreciation allowances and tax credits."</u>

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3 years ago

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3 years ago

The law of demand states that, other things equal, when the price of a good.

babunello [35]

The law of demand states that when the price of a good increases, the quantity demanded decreases.

<h3>What is the law of demand?</h3>

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded. The quantity demanded of a good is inversely related to the price of the good. This explains why the demand curve is downward sloping.

For example, if the price of a shoe increases, the quantity demanded of the good decreases.

For more information about demand, please check: brainly.com/question/25871620

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2 years ago