Answer:
d. are deposited in the U.S. Treasury
Explanation:
The Federal income is mostly generated from the interests on the government securities, Once each and every expenses of the Fed is paid, the remaining earning is deposited in the U.S. Treasury.
Hence, the correct answer will be "d. are deposited in the U.S. Treasury."
Answer:
Date Account titles & Explanation Debit Credit
Sep 04 Purchases (70 backpacks*$50) $3,500
Accounts payable $3,500
Sep 06 Accounts payable $300
Purchase return and allowances $300
Sept 09 Accounts receivable $1,260
(15 backpacks*$84)
Sales $1,260
Sept 13 Accounts payable $3,200
(64 backpacks*$50)
Purchase discount (3,200*2%) $64
Cash (3,200*98%) $3,136
Answer:
The Year 4 cash flow is $33,348.
Explanation:
The Year 4 is the last year of the project.
In this year we have:
- Income: +$48,000.
- Working capital recovery: +$3,900
- Equipment sale: +$5,460
- Equipment book value: -$4,380
To calculate the tax, we apply the tax rate to the income and to the sale profit (difference between the market value and the book value of the equipment):
![Tax=0.40*[48,000+(5,460-4,380)]\\\\Tax=0.40*(48,000+1,080)\\\\Tax=0.40*49,080=19,632](https://tex.z-dn.net/?f=Tax%3D0.40%2A%5B48%2C000%2B%285%2C460-4%2C380%29%5D%5C%5C%5C%5CTax%3D0.40%2A%2848%2C000%2B1%2C080%29%5C%5C%5C%5CTax%3D0.40%2A49%2C080%3D19%2C632)
- Tax: -$19,632
Then, we can calculate the Year 4 cash flow:
If this is a true/false question, the answer is FALSE.
It is consumers' responsibility to report fraud when it occurs.
Answer: have utility..
Explanation: in order for anything to have worth you must br able to use it and it must work properly
