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3 years ago

What tax event must take place when a taxpayer receives a Form 1099-A?

1 answer:

6 0

Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.

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Then, she asks: recently, patel events plus purchased a new venue for our events. If we asked you to calculate the return on inv

Eva8 [605]

The net profit over time and the cost of the investment make up the two metrics that comprise return on investment.

<h3>Return on Investment (ROI): How Is It Calculated?</h3>

Divide the profit from an investment by the investment's cost to get return on investment (ROI). The ROI, or percentage return on investment, for an investment with a profit of $100 and a cost of $100, for instance, would be 1, or 100%. Despite being a quick and simple method to gauge an investment's effectiveness, ROI has some significant drawbacks. The time value of money, for instance, is not taken into account by ROI, and it can be challenging to effectively compare ROIs because certain investments will take longer to turn a return than others.

To know more about Return on Investment visit:

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7 0

1 year ago

We observe a 20 percent increase in units purchased and an 8 percent decrease in price. The price elasticity of demand in terms

harina [27]

Answer:

the correct answer

a) 2.5

8 0

3 years ago

Short Answer: A marketing specialist needed to find a new way of marketing the company's main product to its potential clients.

sattari [20]

Answer: The stage in the creative process is the evaluation stage.

The stage before this is the Illumination stage.

The stage after this is the verification stage.

Explanation:

The creative process is simply about how ideas evolve to its final stage through through the way we think and our actions. For one to do this, the individual must possess problem-solving skills and be able to think critically. The stages involved are:

1. Preparation

2. Incubation

3. Illumination

4. Evaluation

5. Verification.

Based on the question, the marketing specialist is in the evaluation stage.

The stage before this is the Illumination stage and the stage after this is the verification stage.

In the illumination stage, new connections are being formed and the individual gets answer to his or her creative quest.

The verification stage is the final stage and this is when the creative process becomes a reality and the idea is then shared.

6 0

3 years ago

Select the correct answer.

yuradex [85]

Answer:

Option B

Explanation:

In simple words, The appearance release relates to the document necessary to ensure that individuals in certain performances have the correct rights, so therefore you can use the videos in promotional settings. The report will contain all the information about the demeanour 's usage and range.

Thus, from the above we can conclude that the correct option is B.

5 0

3 years ago

4 Sold $600 of merchandise on credit (that had cost $240) to Natara Morris, terms n/15. 5 Sold $8,200 of merchandise (that had c

Romashka [77]

Answer:

Accounts Receivables 600 debit

Sales Revenues 600 credit

--to record sale--

COGS 240 debit

Inventory 240 credit

--to record COGS of the previous sale--

Accounts Receivables 7,708 debit

credit card expense 492 debi

Sales Revenues 8200 credit

--to record sale--

COGS 3280 debit

Inventory 3280 credit

--to record COGS of the previous sale--

Accounts Receivables 5,804.5‬ debit

credit card expense 305.5 debi

Sales Revenues 6,110 credit

--to record sale--

COGS 2,444 debit

Inventory 2,444 credit

--to record COGS of the previous sale--

allowance for doubtful accounts 683 debit

accounts receivables 683 credit

--to record write-off of McKee's account--

cash 600 debit

account receivables 600 credit

--to record Morris payment in full--

Explanation:

We record considering the accounting principles:

debit = credit

the creditcard will charge their fee and transfer to the company the remained that's why the account recievable is lower than sales nominal as the credit card colelct their fee first.

5 0

4 years ago