Answer:
The correct answer is letter "C": households and noncorporate businesses have left after paying taxes and non-tax payments to the government.
Explanation:
The disposable income is the money left by a person or organization after paying all taxes. Some deductions that can impact the amount of disposable income are deductions on jobs for such things as health insurance. The disposable income is the net amount earned in people's paychecks. for the government, disposable income is non-tax money.
Answer:
d) joint property ownership
Explanation:
A partnership is created by two or more individuals who combine resources, skills, and energies to start a business. The motive for starting the business is profits. The partnership deed guides the formation of a partnership business. Partners may also draft an agreement on how they will share profits, losses, or assets should be business be dissolved.
Partners contribute capital required to start and operate the business. The capital contributed may be in the form of cash, assets, or properties. The contributed capital becomes part of the business assets. The assets are registered under the partnerships' name. For Robyn and Austin, the land will be in the name of their business if they have a partnership business. But if they jointly own the land, a court may rule that they are not in a partnership business.
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Sales:
January=$220,000
February= $260,000
It is expected that 75% of its sales will be collected in cash during the month of sale, and the remaining 25% will be collected in the month following the sale.
<u>Cash collection:</u>
From January= 220,000*0.25= 55,000
From February= 260,000*0.75= 195,000
Total cash collection= $250,000
Answer:
False
Explanation:
Amortization an act of spreading a loan into a series of fixed payments over time. An amortized loan is a loan with scheduled periodic payments of both the principal and interest. It first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.
Payments are made in regular installments of constant amount that consists of both principal and interest.
Common examples of amortized loans include student loans, car loans and home mortgages.
<span>S wants to open a tax-exempt health savings account. To qualify for this type of account, Federal law dictates that s must be enrolled in a high-deductible health plan. Those who have a high-deductible health plan are often granted permission to have a tax-exempt health savings account. This type of account allows people to put money into it and withdraw tax-free. Due to how much they pay in medical bills, this allows them a little bit of extra money to contribute towards the bills by depositing the funds into a tax-free account. </span>