Answer: This was the best answer I could come up with. Its probably wrong but whatever! :P
They will determine their income taxes based on their positive cash flow of $1,000.00 per month. This is because this cash flow spans across more months than their negative cash flow of -$150.00 per month. Expenses that could be used for their tax deductions is sales tax.
Explanation:
Answer:
Property plant and equipment is listed at net value
Explanation:
Good will is intangible as it is an asset without physical attributes. Depreciation is the systematic allocation of cost for an asset based. It is an expense and not a cash expense, R and D is not an investment but an expense. R and D is not usually capitalized.
Balance sheet items are listed at market value. This is not true. For instance, Inventory is a balance sheet item and it is carried at the lower of cost or net realizable value.
Property plant and equipment is listed at net value. This is true as Property plant and equipment is listed at the net of the historical cost and the accumulated depreciation.
Answer: the answer is d: decrease;left
Explanation:
ExplanatMary trades in <em><u>paper assets</u></em> that involves buying and selling of stocks and mutual funds. She is a major shareholder and the CEO of a large corporation. She needs capital to expand the company. Mary can raise capital by issuing <em><u>bonds</u></em>. This will assure lenders that Mary’s company will repay the loan.
