Does the business able to make the most out of the fixed asset?

1 answer:

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Answer: Fixed assets are long-term items that add value to your business. They are tangible assets that you do not expect to convert into cash in less ... asset because you want to convert it into cash as fast as possible. ... You must keep up with maintenance schedules to get the longest life out of your fixed assets.

Explanation: PLEASE GIVE BRAINLIST

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Two independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced b

Vesna [10]

Temporary differences arise when there is a difference between the tax base and the carrying amount of assets and liabilities. Permanent differences are differences between the tax and financial reporting of revenue or expense items which will not be reversed in future.

<h3>What do you mean by temporary differences?</h3>

Temporary differences are defined as being differences between the carrying amount of an asset or liability in the statement of financial position and its tax base (ie the amount attributed to that asset or liability for tax purposes).

<h3>What causes a temporary difference?</h3>

Thus, when the tax bases are indexed for inflation, temporary differences arise as a result of the change in tax basis and those differences give rise to deferred taxes under ASC 740-10-25-20(g).

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2 years ago

Bart tries to concentrate during a particularly difficult lecture, but finds that he is more focused on the instructor’s unique

LenaWriter [7]

Answer:

Noise

Explanation:

Bart tries to concentrate during a particularly difficult lecture, but finds that he is more focused on the instructor’s unique dialect and delivery style. This is an example of _noise_.

Noise refers to anything that interferes the communication between the speaker and the audience. It can be both external as well as internal. It can disrupt the communication process at any instant.

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3 years ago

A member firm receives a large block order to buy 100,000 shares of XYZ stock, which is not actively traded. Which customer(s) o

Snowcat [4.5K]

Answer:

Other customers of the firm who place buy orders, if the firm has information barriers in place.

Explanation:

FINRA has strict rules against front running, and this is the process by which interested parties place orders for shares beforehand because they have insider information on how a share is going to perform in the future.

This rule is binding on any registered representative.

However if the firm has information barriers in place, any other customers that places a buy order will be assumed not to have insider knowledge of the share's expected performance. The FINRA rule is not binding on them.

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4 years ago

Jasper is a self-employed businessman. on march 5, 2015 he purchases a personal computer for use at his home. he uses the comput

g100num [7]

Jasper could most certainly claim depreciation on the computer that is, 50% of it plus 50% of the purchase price and I know because I am self-employed too and I know that legitimate office expenses like a new printer, printer paper etc can be claimed according to the amount used for the business.

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3 years ago

Bryan and Cody each contributed $120,000 to the newly formed BC Partnership in exchange for a 50% interest. The partnership used

den301095 [7]

Answer:

the answer is a

Explanation:

Answer a) Particulars Bryan Cody Particulars Bryan Cody 1st Year To, Loss In 1st year 40,000.00 40,000.00 By , Partners Capital 120,000.00 120,000.00 To, Depreciation (80:20) 28,800.00 7,200.00 To , balance c/d 51,200.00 72,800.00 120,000.00 120,000.00 120,000.00 120,000.00 To, Depreciation (80:20) 46,080.00 11,520.00 By , balance c/d 51,200.00 72,800.00 By, Profit in 2 nd year 20,000.00 20,000.00 To , balance c/d 25,120.00 81,280.00 71,200.00 92,800.00 71,200.00 92,800.00 Note : No losses have been suspended as in both the years both...

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3 years ago