Answer:
$90,350
Explanation:
Accounts receivable $13,800 ⇒ current assets
Inventory 42,000 ⇒ current assets since the company expects to sell them in less than a year
Patent 12,200 ⇒ intangible non-current asset
Investments 30,700 ⇒ current asset since they mature in less than one month
Prepaid insurance 7,700 ⇒ only half of it is considered a current asset since it covers a 2 year period
Notes receivable, due 2024 51,800 ⇒ non-current asset
total current assets = $13,800 + $42,000 + $30,700 + ($7,700/2) = $90,350
Answer:
$26,747.48
Explanation:
In this question we use Present value formula that is shown in the attachment
Kindly find it below.
Given that,
Future value = $0
Rate of interest = 7.1% ÷ 12 = 0.59166%
NPER = 7 years × 12 = 84
PMT = $405
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the price paid for a new car today is $26,747.49
The US started collecting federal income tax in 1913
Answer:
When you get a pre-approved credit card offer, it comes from a bank or credit card issuer—also known as a credit card company. Those issuers have pre-screened you for eligibility for the card. That screen has determined you're a good candidate for the card
Explanation:
Answer:
For 2019, the maximum amount that any individual can elect for salary deferral treatment on a 401k distribution is the lesser between: 100% of their salary or $19,000.
in this case, Amber earns much more than $19,000, so the lesser amount would be $19,000.
If Amber contributes more than $19,000 to her 401k account, then she would have to pay taxes for the extra amount contributed.
