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2 years ago

1. What are the purposes of a checking account?

1 answer:

tatiyna2 years ago

6 0

<h3>Answer:</h3><h2>The main purpose of a checking acc is to store your money in a safe place until further use.✨</h2>

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Tanya Fletcher owns undeveloped land (adjusted basis of $80,000 and fair market value of $92,000) on the East Coast. On January

prisoha [69]

Answer:

Following are the solution to the given point:

Explanation:

In point a:

Sum of:

= ($89,000 + $3,000)

= $92,000

Modified foundation= -$80,000

A real profit= $12,000

Gain (boot received) recognised = $3,000

Tanya's West Coast Changed Base:

Fair Market = $89,000

Posted benefit:

= ($ 12,000- $ 3,000)

= $ 9,000

Adjusted Base =$80,000

In part b:

Realized benefit calculation:

Sum of = $92,000

Modified Base =$72,000 + $3,000 = $75,000

A real profit= $17,000

gain was accepted = $0

Changed base of Martin to the West Coast:

Fair Market = $92,000

Gain deferred = ($17,000-$0) = $ 17,000

Adjusted Base = $75,000

In point c:

Recognized benefit from Martin:

Value = $1,20,000

Base adjusted= $ 75,000

actual gain = $45,000

Gain Recognized= $45,000

In point d:

Tanya has little effect mostly on selling by Lisa of an eastern seaboard ground. There is no supposed selling care among Lauren and Tanya after selling property on the eastern seaboard since they are unrelated parties.

In point e:

sum of = $92,000.

Tanya 's acceptable basis is $80,000 ($89,000-($12,000-$3,000)).

actual benefit = $ 12,000

gain benefit = $3,000

Since the trade is deemed a non-taxable trade, $3,000 is recognized of the total $12,000 benefit. Its ground earned is $80,000 adjusted.

5 0

3 years ago

What is the act of gathering information relative to a company's action and the factors that affect the space in which the compa

ch4aika [34]

The answer is Market Research .

7 0

3 years ago

During which phase of dmaic (define, measure, analyze, improve, control) is the sole purpose to demonstrate, with fact and data,

lawyer [7]

DMAIC is an acronym for Define, Measure, Analyze, Improve and Control. It is a procedure intended to enhance and keep up business forms. The period of which the sole intention is to show with actuality and information that your answers take care of your concern is "move forward."
It alludes to an information driven change cycle utilized for enhancing, streamlining and settling business procedures and outlines. The DMAIC change cycle is the center device used to drive Six Sigma ventures.

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3 years ago

Gail Schneeweis is a nurse at Central City Hospital. She is paid $33.62 per hour and has a 40-hour standard workweek. During the

fenix001 [56]

Answer:

Gail would make $6,062.4 after a 2 week and 90 hours job

3 0

2 years ago

Nathan Herrmann has completed the basic format to be used in preparing the statement of cash flows (indirect method) for CEO Con

yarga [219]

Answer:

Ending cash balance is -$41,000.

Explanation:

This can be prepared as follows:

Nathan Herrmann

Cash Flow Statement

for the year ended ...

<u>Details $ $ </u>

Net income 69,000

Adjustment to reconcile net income

Depreciation expense 13,000

Loss on sale of land 12,000

(Increase) decrease in current assets

Increase in inventory (35,000)

Increase in prepaid rent (7,500)

Increase in accounts receivable (47,000)

Increase (decrease) in current liabilities:

Increase in accounts payable <u> 15,000 </u>

Net cash from operating activities 19,500

<u>Cash flows from investing activities: </u>

Cash received from the sale of land 7,500

Purchase of equipment <u> (229,000) </u>

Net cash flows from Investing activities (221,500)

<u>Cash flows from financing activities: </u>

Payment of dividends (31,000)

Repayment of notes payable (49,000)

Issuance of common stock <u> 241,000 </u>

Net cash from financing activities <u> 161,000 </u>

Increase / (Decrease) in cash (41,000)

Beginning cash balance <u> - </u>

Ending cash balance <u> (41,000) </u>

7 0

3 years ago

1. What are the purposes of a checking account? ​

1. What are the purposes of a checking account?