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3 years ago

Listed below are year-end account balances ($ in millions) taken from the records of Symphony Stores.

Business

1 answer:

astra-53 [7]3 years ago

5 0

Answer:

Explanation:

please find the attached for the full explanation of the answer.

before answering the total current assets that will be recorded by Symphony one needs to understand what a current asset is. A current asset can be referred to a short term meaning that its span of life is short it can not be longer than 12 months hence current.

we also need to explain an asset: an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies

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An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $

tia_tia [17]

Answer:

After tax salvage value $1,278,852.8‬

Explanation:

MARCS five years class:

after four years we will have depreicate:

0.2 + 0.32 + 0.192 + 0.1152 = 0,8272‬

(Data from the attached MACRS)

tax basis of the asset:

6,170,000 x ( 1 - 0.8272) = 1.066.176‬

We will be taxed for the difference between the basis and the salvage value:

1,370,000 - 1,066,176 = 303,824‬ taxable gain:

303,824 x 30% = 91,147.2

After tax salvage value:

salvage valeu - income tax expense

1,370,000 - 91,147.2 = 1,278,852.8‬

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3 years ago

From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2009, amount of Federal Re

alexandr402 [8]

Answer: The correct answer is choice A - a huge increase in the monetary base.

Explanation: From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2008, the amount of Federal Reserve assets rose, leading to a huge increase in the monetary base.

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3 years ago

In 2009, based on concepts similar to those used to estimate U.S. employment figures, the Japanese adult non-institutionalized p

tigry1 [53]

Answer: 59.27% and 4.77%.

Explanation:

Given that,

In the year 2009:

Japanese adult non-institutionalized population = 110.272 million

Labor force = 65.362 million

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Japanese labor-force participation rate = $\frac{Total\ labor\ force}{Total\ population}$

= $\frac{65.362}{110.272}$

= 0.5927 or 59.27%

Unemployment rate = $\frac{Total\ labor\ force - Number\ of\ people\ employed }{Total\ labor\ force}\times100$

= $\frac{65.362 - 62.242}{65.362}\times100$

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3 years ago

Many people who want to start investing for their future want to start today, which implies an annuity stream that is paid at th

navik [9.2K]

Answer:

b. annuities due

Explanation:

Annuities due -

It refers to the amount which need to be paid at the regular interval of time , just before the beginning of the new phase , is referred to as annuities due .

The most common example of annuities due is rent , which need to be paid after every month in the starting .

Hence , from the given information of the question ,

The correct option is annuities due.

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3 years ago

Customers who shop at Books-A-Million find that it has a large selection of books, in addition to a helpful and friendly staff.

nika2105 [10]

Answer:

Position Strategy

Explanation:

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Three things that the company has focused here:

Friendly Staff
Good selection of Books
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3 years ago