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Daniel [21]
3 years ago
12

Juan recently completed 20 years of service in the army. during this time, he managed to save a little money and is entitled to

a government pension. his goal is to go back to his home state of colorado and start a business making small, solar powered panels for residential use. although he knows he needs a storefront and manufacturing site, he is not 100% convinced about where to locate. he knows for certain that one of his top priorities is to limit his tax liability associated with this new business. your suggestion for juan is:
Business
1 answer:
malfutka [58]3 years ago
4 0

The suggestion suitable for Juan’s situation is for Juan to check out the enterprises zones in the Colorado. Having to check this out will help him to know where to locate his small business and to have a solution in terms of limiting his tax liability in his business.

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Ben and John formed BCD Inc., a corporation, in 2013. Ben received 80% of the voting common stock, the only class of stock and J
Lady_Fox [76]

Answer:

Gain recognized by Ben = $10,000

Explanation:

Given Data:

Adjusted basis of property=$40000

Cash received =  $15000

Additional stock received = $35000

Total received =  Cash received + Additional stock received

                        = $35000 + $15000

                        = $50000

 Gain recognized by Ben = Total received - Adjusted basis of property

                                          =$50,000  -$40,000

                                        = $10,000

Therefore, gain recognized by Ben  = $10,000

8 0
3 years ago
The adjustment for overapplied overhead ______ net income.
tester [92]

Answer:

<em>The adjustment for overapplied overhead </em><em><u>decreases cost of goods sold and increases</u></em><em> </em><em>net income</em>

6 0
2 years ago
Suppose that hypothetically there are only two countries in the world: Japan and South Korea Now suppose that at the end of year
Yanka [14]

Answer:

i) $21 billion

ii) $0

iii) $0

Explanation:

GIVEN DATA : ( two countries )

At the end of year 2

net exports = $20 billion for Japan

Interest earned from assets = $1 billion  for Japan

i) The balances for the current account for Japan

export value + interest earned from assets

= $20 billion + $1 billion = $21 billion

ii) Financial account for Japan

Financial account for Japan will be zero because there is no increase or decrease in number of  its assets within the given period

iii) capital account for Japan

Capital account of Japan will will have a zero balance. this is because Capital account is used to record  foreign investments, local  investment and the reserve account as well. and there was no investment captured within the given time that was made by Japan

5 0
4 years ago
Devin wants to purchase DEF stock for a specified price of $40.00 or less, and he understands this request will be executed afte
Lemur [1.5K]

Answer:

He should use a limit order.

Explanation:

Limit order is given to a broker to buy a stock at a specified price or a price that is better that the specified price. Here Debin order will be executed at a price $40 or below when he places a limit order .

Therefore, He should use a limit order.

3 0
3 years ago
A(n) ________ is defined as a distinct unit within a brand or product line distinguishable by size, price, appearance, or some o
PSYCHO15rus [73]

Answer:

The correct answer is stockkeeping unit.

Explanation:

In the field of inventory management, an inventory maintenance unit or SKU refers to a specific item stored in a certain place. The SKU is considered the most disaggregated level when talking about inventory. It is assumed that the units stored in the same SKU are indistinguishable. The introduction of the SKU concept simplifies most inventory control operations. SKUs are sometimes used to designate intangible items, as guarantees; however, in this article we will focus on SKUs that designate tangible items.

8 0
3 years ago
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