Answer: 25.22%
Explanation:
Given that,
Annual revenue = $134,000
Annual expenses = $76,000
Oil well cost = $449,000
Salvage value = $11,000
Annual net income = Annual revenue - Annual expenses
= $134,000 - $76,000
= $58000
Average Investment = 
= $230000
Annual rate of return = 
= 25.22%
Answer:
C. She may receive distributions over her expected life
Explanation:
The deal that derives that if there is one inherits so IRA could be inherited from the spouse. In this case, the fund would remain in the IRA with no tax outstanding unless the spouse continues for taking the distributions it could be started by age 70 and half.
If we skip the given away option that implies the transfer the IRA in a Beneficiary Distribution Account. Also the distributions arise when there is a depletion over the five years
Since she is 28 years old so the expected life is for another 50 + years or more so it decreases the needed yearly distribution
Therefore the option C is correct
Answer and Explanation:
The journal entries are shown below:
On December 31
Bad debt expense Dr $5,232 ($654,000 × 0.80%)
To Allowance for doubtful debts $5,232
(To record the bad debt expense)
On Feb 01
Allowance for doubtful debts Dr $327
To Account receivable $327
(To record the uncollectible amount)
On June 5
Account receivable $327
To Allowance for doubtful debts Dr $327
(To record the uncollectible amount)
On June 5
Cash Dr $327
To Account receivable $327
(To record the cash received)
Answer:
1550 - 1750
Explanation:
The primary mining centers in colonial Spanish America were Potosi in southern Bolivia, and Zacatecas and Guanajuato in northern Mexico. Measured in current dollars, silver worth tens billions of dollars was extracted and shipped to Europe during colonial times, but currently those places are extremely poor.
True. A morphological type can be a useful temporal type when subjected to a change and restriction of time. Example, a morphological type that occurs only in strata dating between 1500 BP and 1000 BP can elevate into a temporal type. It is because artifacts that belong to the temporal turn up into an undated context.
