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Sophie [7]
3 years ago
11

In most cases, the law requires that you have an emission test every two years at the time of registration or at time of sale.

Business
1 answer:
dsp733 years ago
4 0

Answer:

A) true

Explanation:

This requirement applies mostly to used cars. Some states do not require emissions inspections for vehicles that are less than 4 or 6 years old (depends on the state, e.g. Arizona's threshold is 6 years). Other states also allow certain old vehicles to not pass emissions inspections (e.g. Massachusetts does not requires vehicles over 15 years old to pass emissions inspections).

Those vehicles that do not pass the emissions inspections will not be registered by the Department of Motor Vehicles (DMV), that means they will not receive a license plate so it is illegal to drive them.

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Cairns owns 80 percent of the voting stock of Hamilton, Inc. The parent’s interest was acquired several years ago on the date th
tensa zangetsu [6.8K]

Answer:

hello your question has a missing journal entry table attached below is the entry journal table completely filled

Explanation:

Amount of bonds acquired = 40% of original bond

i) Bonds payable = 40% * 1,300,000

                           = $520000

purchase price of bonds = $520000 * 96% ( FACE VALUE )

                                         = $499200

hence the annual amortization

(bonds payable - purchase price of bonds ) / 10 years - 2 years

(520000 - 499200 ) / 8  = $20800/8 = $2600

ii) premium on bonds payable

$20800 - $2600 = $18200

cash amount = $520000 * 8% = $41600

intra entity expense and income table is attached below

from the table

iii) intra-entity interest expense = $39000 and the

iv) intra-entity interest income = $44200

v) investment in bonds

purchase price of bonds + annual amortization

= $499200 + $2600 = $501800

the book value on bonds as at 1st January 2011

=$1300000 * 105% = $1365000

Premium on bonds as at January 1st 2011

= $1365000 - $1300000 = $65000

amortization of premium as at January 1st 2011

=( ($65000) / 10 years ) * 2 years

= $13000

hence the controlling interest in bonds payable = $540800

vi) gains on retirement bonds

=  $540800 - $499200 = $41600

attached below is the journal entry on 31st December 2013

5 0
3 years ago
Restricting imports of Brazilian shoes will__________.
KatRina [158]

Answer:

a. raise the price of both Brazilian and domestically produced shoes

Explanation:

Restricting imports of Brazilian shoes will raise the price of both Brazilian and domestically produced shoes

5 0
3 years ago
Your parents will retire in 29 years. They currently have $200,000 saved, and they think they will need $2,400,000 at retirement
zhannawk [14.2K]

Answer:

8.95%

Explanation:

Data provided in the question:

Time, n = 29 years

Principle amount = $200,000

Future value = $2,400,000

Now,

Using the compounding formula

Future value = Principle × [ 1 + r ]ⁿ

here,

r is the interest rate

Thus,

$2,400,000 = $200,000 × [ 1 + r ]²⁹

or

[ 1 + r ]²⁹ = 12

taking the natural log both the sides, we have

29 × ln(1 + r) = ln(12)

or

ln(1 + r) = 0.08569

or

1 + r = e^{0.08569}

or

1 + r = 1.0895

or

r = 0.0895

or

r = 0.0895 × 100% = 8.95%

3 0
3 years ago
_____typically refer to financial support for events, venues, or experiences and provide the opportunity to target specific grou
Svet_ta [14]

Answer:

Sponsorships

Explanation:

5 0
2 years ago
Most choices involve _________________, which involves comparing the benefits and costs of choosing a little more or a little le
mixas84 [53]

Answer:

marginal analysis

Explanation:

I hope its right

7 0
2 years ago
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