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Aliun [14]
3 years ago
15

Both Schedules M-1 and M-3 require taxpayers to identify book-tax differences as either temporary or permanent. T/F

Business
1 answer:
FinnZ [79.3K]3 years ago
8 0

Answer:

The correct answer is False.

Explanation:

Schedule M-1 is required when the gross income of corporations or their total assets at the end of the year is greater than $ 250,000.

Schedule M-3 asks certain questions about the financial statements of the corporation and reconciles the net income (loss) of the financial statements for the corporation (or group of consolidated financial statements, if applicable).

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B

Explanation:

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2 years ago
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An annuity Question 6 options:
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Answer:

is a level stream of equal payments through time.

true. The payments will  remain at the same levle for the entire period of the annuity until maturity.

Explanation:

is a debt instrument that pays no interest.

FALSE the annuity does provide interest  for each period when is prepared.

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FALSE the annuity can be saled in the secondary market pretty much anitime.

is a stream of payments that varies with current market interest.

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Imagine that you are given $3,000 to plan a vacation for your family. Research destinations and choose one. Research the destina
torisob [31]

A blueprint for creating a vacation plan is;

  • Total budget= $3,000
  • Transportation= $700
  • Lodging for 6 days= $1,200

<h3>What is a Vacation?</h3>

This refers to the time taken out for relaxation and away from work and stress to a luxury destination.

Hence, we can see that the complete plan is given below:

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Read more about vacation plans here:
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4 0
2 years ago
ou are a producer of cold medicine. Last month, a flood at your factory eliminated 50% of your firm’s production capability. At
Scilla [17]

Answer:

The flood shifts the supply to the left.

The increase in healthcare costs shifts the supply curve to the left.

Explanation:

An increase in the cost of production inputs (increase in health costs) or a decrease in the availability of resources (the flood reduced the firm's production capability), will shift the supply curve to the left.

A leftward shift of the supply curve will lower the quantity supplied and will increase the price of the good at every level of demand.

6 0
3 years ago
A young professional wishes to have $730000 in her retirement account. She invests $900 monthly in the account which earns 11.5%
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Based on the amount that she invests monthly, the interest rate, and the targeted retirement amount, the number of payments would be 42 payments.

<h3>How many payments should the young professional make?</h3>

The number of payments will be the same as the number of months/ periods because that is the frequency of payment.

The number of payments can therefore be found by the NPER formula on a Spreadsheet:

Rate = 11.5%

Pmt = -900

PV = Empty

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Number of payments is:

= 41.76

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Find out more on number of periods of payments at brainly.com/question/6819835.

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