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dolphi86 [110]
3 years ago
6

1. Using income statement data for Neros, prepare a December income statement dated December 31. 2. If Neros pays a cash dividen

d to its sole stockholder to pay for a family vacation, how is this reported on the financial statements? 3. If the sole stockholder of Neros invests cash into the business, how is this reported on the financial statements?
Business
1 answer:
Alenkinab [10]3 years ago
6 0

Answer:

A decision to convert to rental should consider factors such as the taxpayer’s marginal tax rate, availability of excluding gain from the sale of a personal residence, expected growth rate of the rental property, length of time the house will be rented before being sold, cash flow from renting, effect of the passive activity rules, and rate of return on other invested funds.

How rent-to-own investments solve cash flow issues. HomeNews. by Neil Sharma 19 Mar 2019.. and you can redirect that equity to buy rent-to-own properties.". where she explained how a single investor helped seven families become homeowners while cash flowing $60,000 a year.

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You have a client who needs a QuickBooks Online solution that includes tracking for sales and sales tax.
jasenka [17]

Answer:

Any subscription level, including QuickBooks Self-Employed

Explanation:

The question is incomplete, and it also has the answer itself

Refer the complete question below:

You have a client who needs a QuickBooks Online solution that includes tracking for sales and sales tax. Which subscription level in QuickBooks Online would you recommend?

3 0
3 years ago
A one-year zero coupon bond costs \$99.43$99.43 today. Exactly one year from today, it will pay \$100$100. What is the annual yi
KengaRu [80]

Answer:

0.00573

Explanation:

Cost of the bond today = $99.43

Value of bond at end of year = $100

Difference = $100 - $99.43 = $0.57

This $0.57 represents earnings on such bond value, that is yield on the bond.

Thus, yearly yield = $0.57/$99.43 = 0.00573

This value represents the discount rate of 1 year on $100 that is for which present value $99.43.

Final Answer

0.00573

5 0
4 years ago
If you throw exactly two heads in two tosses of a coin you win $101. If not, you pay me $30. Step 1 of 2 : Find the expected val
Dafna11 [192]

Answer:

The expected value of the proposition is $2.50.

Explanation:

When a coin is tossed two times, the following is the sample space (S)

S = {HT,TH,TT,HH}

Using the information in the question, we can derive the following win/loss table:

S         Probability           Payoff

TH            1/4                      -$30

HT            1/4                     -$30

TT            1/4                      -$30

HH           1/4                     $100

The expected value (E) can now be calculated as follows:

E = Sum of (Probability * Payoff) = (1/4 * ($-30)) * (1/4 * ($-30)) * (1/4 * ($-30)) = (1/4 * $100) = ((1/4) * (-30)) + ((1/4) * (-30)) + ((1/4) * (-30)) + ((1/4) * 100) = $2.50

5 0
3 years ago
The Sand Cruiser is a takeout food store at a popular beachside resort. Teresa Texton, owner of the Sand Cruiser, was deciding h
Vanyuwa [196]

Answer: $6.2

Explanation: Contribution margin is the amount of revenue left after paying for the variable cost, it can be formulated as follows :-

contribution =  sales - variable cost

In case of Limeade:-

sale price = $22.10

Variable cost = $15.90

so, putting the values into equation we get :-

contribution per foot = $22.10 - $15.9 = $6.2

5 0
3 years ago
Nancy has decided to raise working capital for her upscale boutique business which currently has 4 locations and is considering
vlabodo [156]

Answer:

public sale

Explanation:

In business, a public sale happens when a company decides to issue shares and sell them on a stock exchange.

In this case, since Nancy's business is planning to expand its activities it has two options:

  1. issue new stock, if she is going to do it for the first time it would be an IPO.
  2. get a loan from a bank, but maybe she wouldn't be able to get a large enough loan.

To safest way to raise capital would be to issue stock.

7 0
4 years ago
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