Answer:
No
Explanation:
Because its better u save 0.3*10=3 dollars but I value my time for $5 for that half an hour and hence its better not to go considering opportunity cost.
Answer:
The suggestion from Donna would be <u>Limited Partnership</u> business structure.
Explanation:
Limited Partnership is the type of partnership where the business entities are authorised by the state. In this partnership, there is atleast one general partner who is involved in the day-to-day running of the business while the other partner(s) provides money but do not contribute towards the day-to-day running.
<em>This is the most common for partners who only want financial returns in a business rather than being bugged down with the debts and liabilities associated with the business.</em>
Answer:
c. $1,400
Explanation:
The computation of the amount which is reported in the gross income is shown below:
= Interest on U.S. government bonds + Interest on a Federal income tax refund + Gain on the sale of Madison County school bonds
= $700 + $200 + $500
= $1,400
The Interest on Madison County school bonds $600 is exempt. So, it is not taxable and thus not included in the gross income.
These undistributed profits are refereed to as RETAINED EARNINGS. They are also called accumulated profits, undivided profits and earned surplus. The undistributed profits form a part of a business' equity and they are owned by the shareholders.
