Answer:buying and selling decisions are consistent
Explanation:
Answer:
Assets + 7,000
Liabilities +7,000
Net income no effect
Cash flow statement:
+7,000 from financing activities
Explanation:
The loan will not generate no expense as the note has not accrued interest yet.
Then, cash from financing activities will increase by 7,000 as the firm received cash
Finally, the blaance sheet will disclosure the increasein assets (cash) and the increasein liabilities (note payable)
Marketing channel management is related to place.
a. The contract that Jamie entered into for the purchase a washer and dryer based on an in-store credit card with McKinney Appliances constitutes an <em>enforceable security interest.</em>
The enforceability of the contract stems from the fact that Jamie freely agreed to use the store's credit and the agreement was not a fraud. With this security interest, McKinney Appliances officially establishes its security interest in the washer and dryer. It can exercise the claim in the appliance when Jamie fails to honor the agreement.
b. Yes. It is an enforceable contract. This contract involves the sale of goods with a down payment and credit.
Thus, McKinney Appliances can legally force Jamie to pay on his account, failing which, McKinney Appliances may recover Washer and Dryer.
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Answer:
Steve and Stephanie Pratt
a. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:
= $352,500
b. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:
= $352,500
c. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:
= $352,500
d. The amount of gain on the sale of the home that the Pratts are required to include in their taxable income is:
= $352,500
Explanation:
a) Data and Calculations:
Initial purchase cost of a home in Spokane = $575,000
Selling price of the home on June 30 of Year 5 = $927,500
Recognized gains = Selling price of the home Minus Initial Purchase Cost
= $352,500 ($927,500 - $575,000)