<span>The process of earning your income is called earning a living. It may be because we need different things to live a comfortable life. For these, we need a income first. So by earning income, we are indirectly earning a (comfortable) living.</span>
Answer:
The answer is: Joan is not bound to buy Jack's car.
Explanation:
Jack is the offeror in this sales offer (the person that offers to sell a product) and Joan is the offerre (the person that wants to buy the product). In order for any agreement to be bounding, both the offeror and the offerre must accept the agreement's conditions. There are multiple reasons why Joan may have not been able to even look at Jack's offer, and unless she accepts it, it has no legal value.
As an extreme example, I can not send Tim Cook an offer to buy Apple Corporation for $10 and give him 10 days to reject the offer or else I would immediately become the owner of Apple Corporation.
Answer:
The amount of the impairment = $3,150.
Explanation:
a) Data and Calculations:
Net cash flows = $63,000
Fair value of copyright = $59,850
Accumulated amortization = $15,435
Impairment gain = $3,150 ($63,000 - $59,850)
b) There is an impairment gain of $3,150 since the net cash flows is higher than the fair value of the copyright. Copyright is an intangible asset and impairment assessment must be conducted yearly.
Answer: c. The Broker-Dealer and the agent must be registered in both States A and B
Explanation:
Various States have their own laws on Registration of traders of securities known as Blue Sky laws.
These laws generally provide that trading agents need to be registered in a state in be able to trade securities for a client in that state. Trading Agents in this context refer but are not limited to, Broker-dealers, Agents, Investment Advisers, and Investment Adviser Representatives.
Both the Broker-Dealer and the Agent therefore need to be registered in both states for them to have handled her transactions in the past when she was in State B and in the present when she has relocated to State A.
Answer and Explanation:
The matching is as follows:
1. Dividends = A. Stockholders' Equity
2. Prepaid Insurance = D. Assets
3. Unearned Rent = E. Liabilities
4. Fees Earned = B. Revenue
5. Patents = D. Assets
In this way it should be matched
Like the dividend is come under equity so it is shown under stockholder equity
likewise it is applied for the other items