Answer:
$ 480 000
Explanation:
Assets : $700 000(@ beginning of year )
$100 000 increase (during year )
700 000+100 000=$800 000(@end of year)
Liabilities : $400 000(@ begininng of year )
$80 000 decrease (@ during of year)
400 000-80 000=$320 000 (@end of year)
Asset = Equity + Liability
Amount of owner’s equity at the end of the year (let x = owners equity)
800 000= x + 320 000
x= 800 000 - 320 000=$480 000
Answer: $50000
Explanation:
Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:
= $4500 - (10% × $40000)
= $4500 - $4000
= $500
Then, the money supply that's expanded will be:
= Excess reserve / Reserve ratio
= $5000 / 10%
= $5000 / 0.1
= $50000
Therefore, the answer is $50,000.
Answer:
A) variable costing
Explanation:
acording to a citated text the variable costing excluded all fixed manufacturing costs is the Variable costing
D) all of the above
explanation: because all of the answers reflect why some people make bad investments
The one that has limited liability for its owners, but passes income through to its investors and avoids double taxation is option C. S Corporation. Read below about S Corporation.
<h3>What is S Corporation?</h3>
A variation on the standard corporation model is the S corporation. An S corporation passes its income through to its owners, so that the entity itself does not pay income taxes. The owners report the income on their tax returns, thereby avoiding the double taxation that arises in a regular C corporation.
Therefore, the correct answer is as given above
learn more about S corporation: brainly.com/question/13187927
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The complete question goes thus:
Which of the following has limited liability for its owners, but passes income through to its investors and avoids double taxation
A. C Corporation
B. Partnership
C. S Corporation
D. Types of Business Entities
