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3 years ago

Which of these transactions would produce $10,000 of revenue in December? (check all that apply)

Business

2 answers:

Genrish500 [490]3 years ago

5 0

The answer is D. BOC collected $10,000 deposit in December for goods it will ship in January.

svetlana [45]3 years ago

3 0

Answer:

Which of these transactions would produce $10,000 of revenue in December?

BOC collected a $10,000 deposit in December for goods it will ship in January.

Explanation:

From the above analogy, it is only money collected/deposited in December for goods that reflects for revenue generated by BOC in the above mentioned month

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Martin transfers real estate with an adjusted basis of $260,000 and fair market value of $350,000 to a newly formed corporation

katrin [286]

Answer:

$40,000

Explanation:

We can calculate recognized gain on the transfer and basis for his stock just by deducting adjusted basis value from liability on the transfered real estate.

Calcuation

iability on the transfered real estate $300,000

less: adjusted basis value ($260,000)

Gain recognized $40,000

3 0

3 years ago

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Jose received $400 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards

arsen [322]

Answer:

The correct answer is Future value with compound interest and $478.25.

Explanation:

According to the the scenario, the given data are as follows:

Present value (PV) = $400

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Rate of interest ( compounded quarterly) (rate) = 1.5%

Time period = 3 years

Time period ( compounded quarterly) ( Nper) = 12

So, we have to calculate Future value with compound interest because it is asking for a amount after 3 year.

So, we can calculate the future value by using financial calculator.

The attachment is attached below.

So, FV = $478.25

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3 years ago

How is the dual credit program different from the AP program?

olga55 [171]

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4 years ago

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Answer:

Brook brothers is the oldest that is still doing business today

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