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katen-ka-za [31]

3 years ago

13

Jim wants to buy a car, but he’ll probably only need it for a couple of years. He has a short commute to work, so he won’t be pu

tting many miles on his vehicle. What’s the best transportation option for Jim?

1 answer:

anzhelika [568]3 years ago

3 0

Walk, trolly (if in a city) Or cab, even a bicycle would do.

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Xavier and Shawn are co-owners of a party-planning business. They split all of the profits 50-50 and are able to make decisions

pshichka [43]

In this instance, Xavier and Shawn are general partners. In this arrangement, all partners are equally responsible for the business, meaning they are both liable for any financial loss. LLC would protect their personal assets from this type of claim. Obviously, this isn't a sole proprietorship because there is more than one owner.

5 0

3 years ago

Read 2 more answers

A communist country decides to give its people more economic freedom in an attempt to improve its failing economy. What outcome

san4es73 [151]

Here is the correct answer of the given question above. When a communist country decides to give its people more economic freedom in an attempt to improve its failing economy, the outcome that is most likely to be worried about in this case is that, PEOPLE WILL WANT MORE POLITICAL FREEDOM.

6 0

3 years ago

Tawstir Corporation has 400 obsolete personal computers that are carried in inventory at a total cost of $576,000. If these comp

34kurt

Answer:

If the company upgrades the units, income will increase by $20,000 (compared to sell as-is).

Explanation:

Giving the following information:

Units= 400

If these computers are upgraded at a total cost of $100,000, they can be sold for a total of $160,000.

As an alternative, the computers can be sold in their present condition for $40,000.

We won't take into consideration costs before the upgrade, because they will remain in both options.

<u>Sell as-is:</u>

Effect on income= $40,000 increase

<u>Continue processing:</u>

Effect on income= 160,000 - 100,000= $60,000 increase

If the company upgrades the units, income will increase by $20,000 (compared to sell as-is).

7 0

3 years ago

Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gains tax rate of 28%. Compute

natita [175]

Answer:

there is an increase in taxes of $52,192

Explanation:

The computation of the net payment or saving is shown below:

Given that

Book value = $450,000

Sale value = $636,400

since the sales value is more than the book value so here the capital profit is there

Therefore capital profit would be

= $636,400 - $450,000

= $186,400

Now tax would be

= $186,400 × 28%

= $52,192

So there is an increase in taxes of $52,192

7 0

3 years ago

Assuming that the ideal measure of short-term receivables in the balance sheet is the discounted value of the cash to be receive

77julia77 [94]

Answer: Option C

Explanation: Short term receivables refers to the amount of receivables that are to be received within a year. Thus, discounting a value for just one period with the market interest rate won't make a big change in value.

Hence the discount is usually considered immaterial as it is very small in value.

The discounting method is usually used for the long term investments in which a huge amount is invested for a period more than on year. As interest rates could change the value of a amount received due to their fluctuating nature.

Thus, the correct option is C.

6 0

3 years ago