Answer:
The correct answer is False.
Explanation:
The amortization operation consists of regularly distributing the repayment of the principal (C0), together with the interest accrued throughout the life of the loan. The periodic payments made by the borrower are therefore intended to reimburse, extinguish or amortize the initial capital. This justifies the name of the depreciation transaction and the depreciation terms that are usually assigned to these payments.
I believe the answer is d. I hope it was right and I helped!
Hindus fold their hands in the namaste greeting and touch
their forehead as a sign of respect. To perform a proper namaste, one
should hold his or her palms together, with the fingertips at chin,
level and nod rather than bow and say " Namaste." " Namaste"
literally means "I bow to thee” or “I honor the godhead within.” The
gesture is a sign of respect and is used by men and women when meeting
members of the same or opposite sex. It is similar to praying gesture
performed before an image of a deity at a temple. [Source: The Traveler's Guide to European Customs & Manners
by Elizabeth Devine and Nancy L. Braganti. International etiquette
expert: Mary Kay Metcalf of Creative Marketing Alliance in New Jersey.
Answer:
Net profit=$86
Explanation:
This can be expressed as;
Net profit=Earnings-Total buying price-Expenses
where;
1. Earnings=Total earnings from Soft drinks sale+Total earnings from ice cream sale
Total earnings from soft drinks sale=(100×1)=$100
Total earnings from ice cream sale=(90×1.5)=$135
Earnings=100+135=$235
2. Total buying price=Total expense from buying of Soft drinks+Total expense from buying of ice cream
Total expense from buying of Soft drinks=(0.5×100)=50
Total expense from buying of ice cream=(75/100)×90=67.50
Total buying price=(50+67.50)=$117.50
3. Expenses=$31.50
Replacing;
Net profit=235-117.50-31.50=$86
Net profit=$86
Answer: $438
Explanation:
Antoine's tax basis in the stock received in the exchange will be gotten as the adjusted basis of asset exchanged which will then be decreased by the liability assumed on the property that's transfered. This will be:
= $535 - $97
= $438
Therefore, Antoine's tax basis in the stock received in the exchange is $438.
