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luda_lava [24]
2 years ago
9

Summarize how the Peer-to-peer payment process typically works?

Business
1 answer:
andre [41]2 years ago
6 0

Answer:

Peer-to-peer payments are transactions that can be used for anything from splitting a dinner bill between friends to paying the landlord rent. These payments allow the transfer of funds between two parties using their individual banking accounts or credit cards through an online or mobile app.

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Tonya contributes $150,000 to Swan, Inc., for 80% of the stock. In addition, she loans Swan $600,000. The maturity date on the l
USPshnik [31]

Answer:

A. If the loan is not reclassified as equity, Swan can deduct interest expense annually of $18,000, and Tonya includes in gross income annually interest income of $18,000.

Explanation:

Loans received under $385 should not be reclassified as equity.

Interest expense is determined by multiplication of the money Tonya loans Swan multiplied by the interest rate.

Therefore,

Interest expenses = 600000 x 3%

                              = $18000

8 0
3 years ago
The Constitution sets forth specific powers that can be exercised by the national government and provides that the national gove
jasenka [17]

Answer:

All other powers are reserved by the states under the tenth amendment. So in the USA, national government according to the constitution has the specific powers that it can use to deliver best to the people. These powers are delegated to national government because they are elected by the people of USA and owe a duty of care to them by giving them powers to act in their best interest.

6 0
3 years ago
Choose a country (not the U.S.) and describe how, in your view, starting up a firm in that foreign country would be different fr
Serggg [28]

Answer:

The description is for Colombia.

Explanation:

In Colombia and any Latin American country, the business creation process is usually more complicated due to the different types of legal procedures that must be carried out, which often ends up increasing informality levels. In the United States, the process is usually easier, since it takes no more than three days and can be done electronically. In Colombia, for example, a different procedure must be carried out for each national or territorial body (local and national taxes), commercial constitution, among other procedures that take approximately one month to complete. In addition, many of these obligations require the advice of a certified accountant who is the most suitable professional to carry out this procedure.

7 0
3 years ago
Navistar Electric issued 1000 debenture bonds 2 years ago with a face value of $5,000 each and a bond interest rate of 15% per y
Natasha2012 [34]

Answer:

$7,081.25

Explanation:

Face value = 5000

Coupon = 15% paid annually. Semi annual payment = 750/2 = 375

Time to maturity = 18 years

Interest rate = 10% compounded semi-annually

P = 375(P|A, 5%, 36) + 5000(P|F, 5%, 36)

P = 375(16.58131488) + 5000(0.17265193)

P = 6217.99308 + 863.25965

P = 7081.25273

P = $7,081.25

So, the present worth of one bond today is  $7,081.25

4 0
2 years ago
Mô tả phong cách quản trị của tiến sĩ Nguyễn Thắng - TGĐ tập đoàn Herbalife
amm1812

Answer:

what is this?

Explanation:

Herbalife?

6 0
3 years ago
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