<h3>limit the time in which an injured party may sue. only apply to the sale of goods. </h3><h3 />
The length of time allowed under a statute of limitations varies depending upon the severity of the offense as well as the jurisdiction it is being disputed.
<h3>What is Statue of Limitations ?</h3>
A statute of limitations is a law that sets the maximum amount of time that parties involved in a dispute have to initiate legal proceedings from the date of an alleged offense, whether civil or criminal.
- Cases involving severe crimes, like murder, typically have no maximum period.
Learn more about Statue of Limitations here:
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Answer and Explanation:
The preparation of the operating activities section is shown below:
Rodriguez Company
Statement of Cash Flows (partial)
Cash flows from operating activities:
Net loss $ (6,400)
Adjustments
Add: Depreciation expenses $4,500
Add: Amortization of copyright $200
Add: Decrease in accounts receivable $5,000
Add: Increase in salaries payable $11,000
Less: Decrease in other current liabilities -$1,800
Net cash flow from operating activities $12,500
The negative sign reflects the cash outflow and the positive sign reflects the cash inflow
Answer:
real GDP.
Explanation:
GDP is defined as the monetary value of all goods and services produced in an economy within a give time period. It is a measure of how productive an economy is.
Real GDP considers market prices of commodities in relation to a base year.
For example if 2012 is considered to be the base year for real GDP this year, all goods and services are multiplied by the prices as at 2012 to get the monetary value of goods and services for the present year.
Base year prices are referred to as constant prices when calculating real GDP.
Answer:
17%
Explanation:
Purchase price of bond = $921.77
Years investment held = n = 7
Coupon rate = C = 15%
Frequency of payment = m = 2
Annual coupon = $1,000 × (0.15/2) = $75.00
Realized Yield = i
Selling price of bond = PB = $961.22
The realized rate of return is approximately 16.6 percent. Using a financial calculator provided an exact yield of 16.625 percent.
Answer:
$ 6,600
Explanation:
Monty should 
e up to 
in the gross account but to an extent of the tax benefit in the previous year. Since the debt is a non-business debt, the amount of 
would be reported as the short term business capital loss.
In the previous year, Monty had a capital gain of 
and 
as taxable income.
Therefore, $ 3,600 + $ 3,000 = $ 6,600
So $ 6,600 out of $ 9,000 loss produced the tax benefit. Therefore, only 
can be included in the gross income of Monty for this year.
