Answer:
$1,450
Explanation:
Interest Income = $1,500
Investment Interest expenses = $1,450
Allowed deduction limit investment interest is subject to investment income. So $1,450 is allowed as deduction
Answer:
The days' sales uncollected ratio is used to: Estimate how much time is likely to pass before the amount of accounts receivable is received in cash
Explanation:
The days' sales uncollected ratio is an Asset Management ratio which calculates the length of time that it to collect credit from a customer and the first option is correct.
<span>Given data shows that $1000 as salvage value and purchased computer for $8000
Depreciation was:
(8,000 - 1,000) / 5 = 1,400 per year.
Two year's depreciation = 2,800
Book value after two years = 8,000 - 2,800 = 5,200
After the estimates are revised, there are two more years remaining with a salvage value of 500.
(5,200 - 500) / 2 = 2,350 depreciation for 2018</span>
Answer:
i AM SORRY BUT I DONT UNDERSTAND WHAAT YOU ARE TRYING TO SAY TRY TO MAYBE REWORD IT (SORRY FOR THE CAP LOCK)
Explanation: