The third one is most appropriate ! as it shows that the money can be stored and later we can use !
Answer:
The postponement of a project until conditions are more favorable:
III. could cause a negative net present value project to become a positive net present value project.
Explanation:
With the favorable project conditions, the negative NPV will be revised to a positive NPV because the positive conditions will ensure the generation of positive cash inflows. The result is that the project will be assessed as acceptable since the net present value will become positive. Generally, favorable project conditions create outcomes that are positive for the cash flows, thereby generating more positive cash inflows and reducing the impact of cash outflows.
It is false because the individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
<h3>What is an Income tax?</h3>
These are tax imposed on earned income by people in a country while the Social Security and Medicare taxes are imposed on people income while working as well.
However, the individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
Therefore, the Option C is correct.
Read more about Income tax
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3 i think is ( A ) 4th is ( C ) the 5th is ( A ) The 6th is ( B )
Answer:
Insurance $4,800 (debit)
prepaid insurance $4,800 (credit)
Explanation:
In order to find out adjusting entries. firstly, we need to calculate the difference between prepaid insurance account and Insurance account.
That could be done by subtracting $3,550 from $8,350.
Difference = 8350-3550= 4800
