Answer:
Related to carrying on the activity
Explanation:
The general requirement of the code sections 162 and 212 about the expense allowing as a deduction against income of the business is that the expenses are only allowable if it is related to the same business income. This means that the trading expense would be set off against trading income and rental expense would be set off against rental income. Furthermore, the expenses (losses) would be only deductible for the future years if the business has not abandoned its operations which means the expenses are related to carrying activities.
Answer:
The correct answer is A
Explanation:
The journal entry for the following is as follows:
August 9 Accounts Payable A/c..............................Dr $4,200
Inventory A/c...............................................Dr $84
To Cash A/c..............................................Cr $4,116
Working Note:
On August 5, the amount of $600 goods returns from customer, so the remaining balance is
= $4,800 - $600
= $4,200
On the remaining balance, the discount which is evaluated as the payment is received within the discount period which is August 9. So,
= $4,200 x (100% - 2%)
= $ 4,200 x 98%
= $ 4,116
Discount = Amount - Payment amount
= $4,200 - $4,116
= $84
Answer:
class A stocks
Explanation:
in 5 years, class A stock will be worth = $30 x (1 + 6%)⁵ = $40.15
in 5 years, class B stock will be worth = $20 x (1 + 12%)⁵ = $35.25
now we need to determine the present value if each stock:
class A stock present value = $40.15 / (1 + 8%)⁵ = $27.33
class B stock present value = $35.25 / (1 + 8%)⁵ = $23.99
since the present value of class A stock is higher, then the engineers should select that type of stocks.
I believe the answer is: task-oriented listening
Listeners who prefers task-oriented listening tend to only pay attention if the communicators speak about something that relevant to the goals that they want to achieve. This type of listeners tend to be more effective in a situation when there is a limited time to finish a certain project, like bob.
Answer:
the return on common shares is 6.99%
Explanation:
The computation of the return on common shares is shown below:
= Dividend ÷ Stock price + growth rate
= $1.25 ÷ $27.22 + 2.4%
= 6.99%
hence, the return on common shares is 6.99%
We simply applied the above formula so that the correct value could come
And, the same is to be considered