Answer:
Nill
Explanation:
Given that;
Capital gain tax = $6,000
Capital losses = $9,000
Net loss = Capital loss - Capital gain
Net loss = $9,000 - $6,000
Net loss = $3,000
Recall that maximum net loss deductible from taxes in a year is $3,000
Therefore,
Unsecured loss carried into next year
= Net loss - Deductible
= $3,000 - $3,000
= Nil
Answer:C
Explanation: Collectability of the receivables is in doubt
Answer: C. Ethel should maintain an appropriate savings balance to cover unforeseen circumstances and should consider investment in a balanced mutual fund, which carries lower risk, higher yields than CDs, and the potential for growth
Explanation:
Given Ethel situation and history, Ethel should maintain an appropriate savings balance to cover unforeseen circumstances.
As a result of her age and due to the fact that she possesses a limited investment experience, there may be too much risk for her if she focuses on large-cap securities
Therefore, she should should consider investment in a balanced mutual fund, which carries lower risk, higher yields than CDs, and the potential for growth.
Answer:
- a. Proceeds from Condemnation of Land
- c. Cash paid for unexpected major equipment repairs
Explanation:
The Cash Flow statement records only activities that affect the cashflow of the company. The Investing Activity section of the Cashflow statement deals with capital goods (PPE) and investments in other company securities.
The proceeds from land condemnation will go to the Investing activities section as it has to do with capital goods and the cash paid for unexpected major equipment repairs will see the equipment being used in the long term so it goes to Investing as well.
The answer to this question is <span> Utilize an intensive advertising campaign to build brand loyalty.
By using intensive advertising campaign, Jonathan will make his product become more familiar for most consumers.
So, when the start ups started to enter the market, the product positioning will already exist in a strong foundation and the competitors wouldn't disrupt much of joanthan's sales</span>
