C. Tariff
is a barrier of free trade and is a tax or duty in order to import items
Answer:
c
Explanation:
if it was never in stock its misleading and a fraud
Answer:
The amount of accumulated depreciation at December 31, 2023 is $6,375
Explanation:
Sheridan Company uses the straight-line depreciation, Depreciation Expense each year is calculated by following formula:
Annual Depreciation Expense = (Cost of delivery truck − Salvage Value)/Useful Life = ($36,000-$2,000)/8 = $4,250
Depreciation Expense in 2022 = ($4,250/12) x 6 = $2,125
Depreciation Expense in 2023 = $4,250
Accumulated depreciation at December 31, 2023 = Depreciation Expense in 2022 + Depreciation Expense in 2023 = $2,125 + $4,250 = $6,375
Answer: True. Most high risk assets also have a higher rate for a return on investment due to the possibility to lose more from the investment. It's similar to the saying, "the greater the risk, the greater the reward" because when you have more to lose, there is a better chance of being compensated for it.
Answer:
A) 4000
Explanation:
Long term capital losses cannot be set of against the long term capital gains of next year
As a result an individual taxpayer should report in the
year 3 is $4000