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3 years ago

What is a disadvantage of renting?

Business

1 answer:

Nataliya [291]3 years ago

6 0

Answer: 1 and 3 is correct

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Proco had an account payable of $6,400 due to Shirmoo Inc., one of its suppliers. The amount was due to be paid on January 31. P

Anna007 [38]

Answer:

assets = liabilities + equity

a) NA - $6,400 AP

net effect $0

b) NA + $128 interest - $128 retained

payable earnings

c) -$6,528 cash -$6,400 NP NA

-$128 interest p.

revenue - expenses = income

a) NA NA NA

b) $0 $128 -$128

c) NA NA NA

8 0

3 years ago

You have been given this probability distribution for the holding period return for KMP Stock State of the Economy Boom Normal R

Hunter-Best [27]

Answer: The answer is a

Explanation:

Using the formula

Expected Rate of Return = ∑(i =1 to n) Ri Pi

Where Ri = Return in scenario 1

Pi = Probability for the return in scenario 1

i = Number of scenario

n = Total number of probability and Return

P1=30

R1 = 18

P2 = 50

R2 =12

P3 = 20

R3 =-5

Expected Gain =(30 ×18) + (50 × 12) + ( 20 × -5)

= 540 + 600 + - 100

= 1,040

= 1,040 ÷ 100

= 10.4%

7 0

4 years ago

Partners, LLC members and S Corporation shareholders are not taxed on the amount they withdraw from the entity in a nonliquidati

kati45 [8]

Answer:

Partners: True

LLC: True

S Corporation: False

Explanation:

When dividends are withdrawn from a business tax is only due on a S Corporation because the tax paid for the profits of an organization is not by the stockholder withdrawing the dividends which is why when dividend is withdrawn the tax is to be paid.

When dividends are withdrawn in a partnership or and LLC then no tax is payable as tax is already paid on the profits made by the business that is why dividends are not taxable when withdrawn.

7 0

3 years ago

McCann Co. has identified an investment project with the following cash flows.

Hatshy [7]

Answer:

Present value when discount rate is 10% = $3765.26

Present value when discount rate is 16% = $3,279.43

Present value when discount rate is 25% = $2,715.52

Explanation:

Present value can be calculated by discounting the cash flows at the discount rate.

Present value can be calculated using a financial calculator:

Cash flow for year 1 = $820

Cash flow for year 2 = $ 1,130

Cash flow for year 3 = $1,390

Cash flow for year 4 = $1,525

Present value when discount rate is 10% = $3765.26

Present value when discount rate is 16% = $3,279.43

Present value when discount rate is 25% = $2,715.52

I hope my answer helps you

4 0

4 years ago

Requirements for legal capacity for an individual are that a person must be at least sixteen and intelligent. true false

Pachacha [2.7K]

Answer:

False

Explanation:

You have to be 18

7 0

3 years ago