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Makovka662 [10]
3 years ago
6

Interest received from which of the following federal agency securities is exempt from all state and local taxation?

Business
1 answer:
Neko [114]3 years ago
8 0

Answer: B. Treasury notes.

Explanation:

Treasury Notes are tax exempt from all state and local taxation but are taxable by the Federal Government with the relevant tax rate being the investor's marginal tax rate.

The amount taxed is the interest received on the note when it matures. The investor can also be taxed on capital gain if they bought the Note at discounted prices and then sold it for more than that.

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A statement of cash flows reflects a net cash flow from operating activities of -$89 million, a net cash flow from investing act
Mumz [18]

Answer:

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

Explanation:

Movement of Cash during the year :

Net cash flow from operating activities  -$89 million

Net cash flow from investing activities     $42 million

Net cash flow from financing activities     $28 million

Movement during the year                        -$19 million

Conclusion,

The net cash movement is -$19 million, this means that the firm is facing liquidity challenges.

8 0
3 years ago
While the percentages may not hold in a particular industry, the ______ rule suggests that a small fraction of customers provide
Talja [164]

Answer:

The correct answer is 80/20.

Explanation:

The Pareto Principle was described by economist and sociologist Vilfredo Pareto, which specifies an unequal relationship between inputs and outputs. The principle states that 20% of what goes into or is invested is responsible for 80% of the results obtained. In other words, 80% of the consequences derive from 20% of the causes; This is also known as the "Pareto rule" or the "80/20 rule."

The principle does not stipulate that all situations are going to show exactly this relationship, it refers to a typical distribution. In general, the principle can be interpreted as a minority of causes deriving from most of the results.

5 0
3 years ago
The meaning of deductions
melomori [17]
In general? Deductions is to take away. So tax deductions would mean it can be taken away from the amount.
8 0
3 years ago
Read 2 more answers
The digital system usually operated on?
PtichkaEL [24]

Answer:

The answer to the question is Binary

7 0
2 years ago
MNM & Co incurred depreciation expenses of $36,810 last year. The sales were $903,480 and the addition to retained earnings
sergiy2304 [10]

Answer:

The costs incurred by the company is the same as the costs of good sold  of the company-MNM&Co ,last year.

The costs of good sold=$830,556.01

Explanation:

The detailed computation is found in the excel file attached.

Download xlsx
3 0
3 years ago
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