Answer:
I feel so bad for you i don't have that work yet
If you owned and lived in the place for two of the five years before the sale, than up to $250,000 of profit is tax free.
Answer:
Seybert purchased the Wang investment for $173,000
Explanation:
Since there is a credit balance. It means the stock is increased in value by $27,000. So that the stock was purchased at $173,000 ($200,000-$27,000).
B. The allowance for doubtful accounts is reported as a deduction from accounts receivable on the balance sheet
Answer:
False
Explanation:
In order for an executive to claim protection under the business judgment rule they must prove that their decisions were rational and made in good faith. Business executives and the board of directors are responsible for making decisions and some will good and others may be bad, but they have to make those decision without fear of prosecution.
