Fixed income gives a steady of income to the individual.
<h3>What is a fixed income?</h3>
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It should be noted that a fixed income means an investment approach that is focused on presentation of capital and income.
The examples of fixed income include municipal bonds, certificate of deposit, etc.
It should be noted that fixed income orders a steady stream of income with less risk.
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Answer:
D
Explanation:
The cost of goods sold would increase by $2
Answer:
Option ( b ) $57,000
Explanation:
Data provided in the question:
Net income = $300,000
W-2 wages = $120,000
Assets with unadjusted basis = $75,000
Taxable income before the QBI deduction = $285,000
Now,
The QBI deduction for 2019 will be given as 20% of the qualified income i.e the taxable income before the QBI deduction
Therefore,
The QBI deduction for 2019 = 20% of $285,000
= 0.20 × $285,000
= $57,000
Hence,
Option ( b ) $57,000
The ending inventory of the previous period is the beginning inventory of the current period.
Beginning inventory is the amount of a product. A commercial enterprise has in stock at the start of an accounting length which includes a month or 12 months. due to the fact each accounting length connects to the subsequent, the beginning inventory of one length will be similar to the ending inventory of the previous.
Beginning inventory, or opening inventory, is your inventory cost at the beginning of an accounting duration. For that reason, finishing inventory, or last inventory is the cost of the stock at the top of an accounting duration.
Ending inventory is the value of goods nevertheless available for sale and held via a business enterprise at the end of an accounting length. The dollar amount of ending stock may be calculated by the usage of multiple valuation techniques.
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Answer:
It is decrease in accounts receivable (D)
Explanation:
An Increase in Inventory : the effect of this transaction will reduce the cash position of the company because more cash is being tied down as inventory at a cost.
A decrease in accounts payable : Here, more cash is being paid to off-set liability owed to suppliers and this will reduce company's cash position.
Preferred dividends declared and paid : This is an outflow of cash paid to equity investors as a return on their investment which will impact negatively on the company cash position.
Decrease in accounts receivable : This is an inflow of cash from the settlement of trade receivable owed by our customers which will impact positively on our cash position.
