C. Charles should forgo renter's insurance if the premiums will quickly overtake the value of his belongings.
Renter's insurance is a useful and valuable tool to protect tenants against loss or damage of their property, and is a wise purchase in most cases. However, if you are paying more every month in your insurance premiums than the total value of the goods you are protecting, the insurance may no longer be worth the cost.
Answer:
B) Transferring interest income from a taxpayer's investment to his young daughter
Explanation:
If you want to pay less taxes there are two basic ways that you can do it:
- moving income (and deductions) to a more favorable tax jurisdiction, e.g. many multinational corporations did this by setting foreign headquarters that managed sales outside the US
- moving income form a tax payer that falls under into a high tax bracket to another taxpayer that falls under a lower tax bracket, e.g. giving stock to your children as a gift
Answer:
563.4 cents
Explanation:
A margin call occurs when the margin of an investment falls bellow the maintenance margin.
In this problem, the production costs for 5,000 bushels are given by:
The price per bushel that yields a margin of $1,100 is:
You will receive a margin call at a price of 563.4 cents per bushel.
The cash operating cycle for a merchandiser begins with cash purchases of merchandise and ends with receipt of cash.
<h3><u>
What is a merchandise?</u></h3>
- Any form of items, including those used for personal or professional purposes, as well as goods sold to the general public (retail) or other enterprises, are referred to as merchandise (wholesale).
- 'Freebies', or promotional things like the bespoke drink bottles in this example that are given away or not charged for, can also be referred to as merchandise.
- Calendars, magnets, wall art, stationery, greeting cards, textiles, badges, and a wide variety of other goods may be included in this category.
- A T-shirt with a slogan or logo that a political party distributes to voters during an election campaign or a calendar with a logo that a supplier offers its clients at the end of each year are two examples of freebie products.
Buying merchandise can be done with cash or on credit. The accounts involved in the transaction are the purchases account and the cash account if goods are paid for in cash. It debits the purchases account and credits the cash account.
Know more about Merchandise with the help of the given link:
brainly.com/question/15546663
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