When the first question is asked. Up until then you could decide to walk away.
Answer:
Explanation:
Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab-a practice known as DEBT_ finance
Buying a bond issued by NanoSpeck would give Paolo _business interest in _______ the firm
In the event that NanoSpeck runs into financial difficulty, BONDS _______ will be paid first.
.
Answer:
2019 = 2750
2020 = 5500
Explanation:
Given that:
Cost of truck = $36000
Salvage value = $3000
Useful life = 120, 000 miles
(Cost of asset - salvage value) / useful life
(36000 - 3000) / 120,000 = 0.275
2019 : 0.275 x 10,000 = 2750
2020 : 0.275 * 20000 = 5500
Answer:
B) $90,000
Explanation:
Distribution of appreciated property to the stockholders of an S Corporation are taxable, and must be recorded at fair market value. In this case, Zachariah is the only stockholder, but the same rule applies. Zachariah's taxable gain = fair market value - stock basis = $100,000 - $10,000 = $90,000.
