Answer:
journal entries are as given below
Explanation:
solution
journal entries are as
first we get here investment by Moss
date account title debit credit
January 01 cash $17500
equipment $82500
note payable $25000
Angela Moss capital $75000
and now we get investment by barber
date account title debit credit
January 01 cash $31250
autumn barber capital $31250
Answer:
All macroeconomic goals are achieved.
Explanation:
All macroeconomic goals should be achieved in the long term macro equilibrium.
On the long term macro equilibrium, real GDP should be equal to potential GDP. This is all theoretical since there is no real possibility that the potential GDP is ever equal to the real GDP. There will always be at least one economic actor that is not being 100% efficient, so potential GDP is unreachable.
Answer:
her accounting profits are less than her implicit costs
Explanation:
A self-employed taxpayer may be eligible to deduct amounts paid for medical insurance for themselves and for their families, as long as neither they nor their spouse was eligible for employer-sponsored health insurance. This deduction claimed to Claim a non -refundable tax credit based on the cost of the insurance.
insurance is a settlement that transfers the risk of monetary loss from an individual or business to a coverage organization. They acquire small quantities of money from clients and pool that cash collectively to pay for losses. Coverage is split into essential classes: belongings and Casualty coverage (percent).
Coverage plans are beneficial to each person seeking to defend their family, property/property, and themselves from economic chance/losses: coverage plans will help you pay for clinical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care required in the future.
In coverage phrases, the threat is the chance something harmful or unexpected ought to appear. This might involve the loss, theft, or harm of precious assets and assets, or it may involve someone being injured.
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Answer:
Return on investment = 86.49 %
so correct option is B. 86.49%
Explanation:
given data
Operating income = $1,600,000
Net sales = $13,500,000
Average total assets = $1,850,000
target rate of return = 30%
to find out
company's return on investment
solution
we get here Return on investment that is express as
Return on investment = Operating income ÷ Average total assets .............1
put here value we get
Return on investment =
Return on investment = 0.86486
Return on investment = 86.49 %
so correct option is B. 86.49%