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3 years ago

Which is least likely to be eligible for tax deductions?

Business

1 answer:

Tanya [424]3 years ago

7 0

Answer:

Explanation:

A tax is a compulsory sum levied by the government or its agents on goods and services

Tax credits are amount of monies that taxpayers can be subtract from the amount of tax owed. It reduces the amount of tax to be paid. It is not taxed

A municipal bond is a debt instrument issued by a state or municipality to finance its capital expenditures.

Municipal bonds are usually exempt from federal income tax. This makes these bonds attractive to individuals with a high income tax bracket

Income from dividends are taxed twice. Once at the firm level and the second time when the income is distributed to shareholders

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Intangible assets that are currently reported on the balance sheet include: A. organizational culture. B. the cost of a patent

dimaraw [331]

Answer:

B. the cost of a patent giving exclusive rights to a process

Explanation:

Intangible assets are simply assets that cannot be touched physically. Unlike tangible assets, intangible assets are pretty much or rather relatively more difficult to estimate or evaluate. It may include patents, trade name, brand name, copyrights and so on. Intangible assets recorded on balance sheet include cost of patents giving exclusive rights to a process.

3 0

4 years ago

Read 2 more answers

Windsor Inc. sells prepaid telephone cards to customers. Windsor then pays the telecommunications company, TeleExpress, for the

Genrish500 [490]

Answer:

Revenues

January = $0

February $4,100 * 50% = $2,050

March $4,100 * 30% = $1,230

April $4,100 * 20% = $820

Expenses

January = $0

February $2,000 * 50% = $1,000

March $2,000 * 30% = $600

April $2,000 * 20% = $400

Operating Income

January = $0

February $2,050 - 1,000 = $1,050

March $1,230 - $600 = $630

April $820 - $400 = $420

3 0

3 years ago

Assume that you have been hired by a large international bank that is looking to develop a smartphone app to help college studen

wel

Answer:

Determining that smartphone apps and social media aps are important parts of a bank's future plans to reach young consumers. ⇒ New Product Strategy.

Tweeting out the availability of a new smartphone app that helps young professionals manage their financial lives better. ⇒ Product launch.

Inviting younger "fans" of the bank's social media sites to have a free trial of the new smartphone app. ⇒ Test marketing.

Having a Faceb-ook discussion with consumers on what they would ideally like to have from a bank smartphone app. ⇒ Idea generation.

Creating a prototype of the smartphone app. ⇒ Product development.

Using Tw-itter to ask followers what they are willing to pay for smartphone apps. ⇒ Business analysis.

Developing a social media site that allows college students to review and provide feedback on new product ideas. ⇒ Idea screening.

5 0

3 years ago

Determine the cost of merchandise sold for the transaction on September 25 using the perpetual inventory system and the FIFO met

GuDViN [60]

Answer:

b.$77

Explanation:

beginning inventory 5 units

purchase september 4th 8 untis

sale for 6 units:

inventory after first sale: (available at second sale)

beginning used.

purchase september 4th 7 untis at $6

September 25th Sale of 12 units

inventory used for second sale:

September 4th 7 untis at $6

September 15th 5 units at $7

total COGS for the sale: $77

7 0

4 years ago

In what way can using a credit card be like getting an interest free loan?.

Strike441 [17]

Answer:

Pay the balance in full at the end of the month and no interest is charged.

4 0

2 years ago