I believe that the answer to the question provided above is <span>worldcom try to structure the transactions to get a “step-up” in the tax bases of mci’s assets because he doesn't have enough influence to do so.</span>
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Answer:
we need resources because they are important for the development of the country.
false
human resources can be categorized into three groups
resource- a natural source of wealth or revenue
false
coal
true (I think)
false
true
banks
apples
false
3
Answer:
d) Debit Expenses $50,000 and Claims payable $100,000; Credit Cash $150,000.
Explanation:
As for the information provided,
There was this law suit against the company from past several years. Where the lawyers already estimated that liability on the company will arise amounting $100,000.
Thus, on the provisional basis such claims of $100,000 would have been provided ideally.
Now, after final judgement the court had cleared about the claim which is $150,000.
Thus, entry to record such claim of $150,000 will be:
Expenses A/c Dr. $50,000
Claims Payable A/c Dr. $100,000
To Cash A/c $150,000
It's most likely true. Anyone over 64 is typically considered a senior or elder.
Answer:
3.34 times
Explanation:
Ginger incorporation has a market valu of equity of $710,000
The debt is $227,800
Cash is $45,600
EBIT is $102,800
The first step is to find the enterprise value
= market capitalization + debt -cash
= $710,000 +$227,800 - $45,600
= $937,800-$45,600
= $892,200
The EBITDA can be calculated as follows
= EBIT + depreciation and amortization
= $102,800 + $164,600
= $267,400
Therefore the enterprise value-EBITDA can be calculated as follows
= 892,200/267,400
= 3.34 times