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Helga [31]
3 years ago
7

The Jolly Partnership reported the following items for the current year: Income from clients $190,000 Short-term capital gains 1

,000 Dividend income 2,000 Cash operating expenses (125,000) Depreciation expense (6,000) Long-term capital loss (5,000) What is Jolly Partnership’s ordinary income?
Business
1 answer:
Delicious77 [7]3 years ago
4 0

Answer:

$ 193,000

Explanation:

Ordinary Income means the money earned from working. The ordinary income may include hourly salaries and wages, commissions, interest income, from bonds, capital gains, royalties or income from ordinary course of business.

So the ordinary income for Jolly Partnership is:

Income from clients $ 190,000

Capital gains            $      1,000

Dividend Income      $<u>     2,000</u>

Ordinary Income:      $<u> 193,000</u>  

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Diane heads an event management company called Venus Inc. The company encourages an innovative and creative approach to work. Di
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Answer:

c. Diane should target a vision for a desired future.

Explanation:

  • As Diane heads the event management of the company she can create a creative work approach for the company by the creation of a future of planned actions.  
  • <u>And can target the vision statement of the company that is more innovative and concrete. Thereby making changes in the future mission of the company.</u>
3 0
3 years ago
Pick the correct statement from below. Multiple Choice A deferred call provision requires the bond issuer to pay the current mar
jeyben [28]

Answer: A deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.

Explanation:

A deferred call provision refers to the provision whereby the calling of a bond before a particular date is prohibited. The bond is known to be call protected during this period.

Therefore, a deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.

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3 years ago
The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first
MaRussiya [10]

Answer:A pair of sandals.

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You also maximize your utility by considering the item which is economica prudent to one needs or want.

6 0
2 years ago
Sustainable development refers to A. placing restraints on a company's growth until all ancillary support services are in place
Semmy [17]

Answer:

The correct answer is letter "C": conducting business in a way that protects the natural environment while making economic progress.

Explanation:

Sustainable development is the capacity an institution has to satisfy individuals' needs without damaging the environment neither harming the atmosphere. To reach this stage there must be an equilibrium between the <em>economy, society, </em>and <em>the environment.</em> Sustainable development is difficult to be obtained with high poverty rates, habitats destruction, or indiscriminately resources exploitation.

4 0
3 years ago
You sold ten put contracts on Cross Town Bank stock at an option price per share of $0.85. The options have an exercise price of
Gnoma [55]

Answer:

-$4,150

Explanation:

Calculation to determine your net profit or loss on this investment

Using this formula

Net profit/Loss=(Option price per share-Exercise price+Stock price)×100×10

Let plug in the formula

Net loss = ($0.85 - $39 + $34) × 100 × 10

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Therefore your net loss on this investment is -$4,150

8 0
2 years ago
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