Following are the two basic philosophies relating to how the tax burden should be apportioned: 'the benefits-received principle' and 'the ability-to-pay principle' Thus, options B and D hold the correct answers.
Two basic philosophies regarding the distribution of the tax burden among several taxpayers retain remarkable importance. These two philosophies are:
'The benefits-received principle': This tax distribution principle represents the concept that there should be some equivalence between what individuals pay and the benefits they subsequently receive from governmental activities. 'The ability-to-pay principle': This principle of tax apportioned refers to the idea that taxes should be based on the individuals' ability to pay i.e. who have a larger ability to pay taxes.You can learn more about tax distribution at
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which mode and class of transportation is most likely to be used for a 500-mile shipment of time-sensitive, fragile products weighing 20,000 pounds?
The most likely mode of transportation for a 500-mile cargo of delicate, time-sensitive goods weighing 20,000 pounds is a truckload truck.
What is mode of transportation?The term "transport mode" describes the methods available for moving people and/or cargo. Rail, marine (sea), and air travel are all possible forms of transportation for both people and commodities.Road transportation, rail transportation, river transportation, and air transportation are the four main modes of transportation. In most of the world, road transportation is the most frequently used kind of transportation. Water transportation is the main mode of transportation in some low-lying places, such as Venice.The several modes of transportation include pipeline, rail, road, air, and water. The field can be divided into infrastructure, operations, and vehicles. The development of human civilization depends on the facilitation of inter-person commerce, which is made possible by modes of transportation.To learn more about mode of transportation refer to :
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Which of the following is a cost associated with a vehicle lease? A. Capitalized cost. B. Money factor. C. Payment amount. D. Residual value
Capitalized cost is a cost associated with a vehicle lease.
A capitalized cost is a fee added to the fee basis of a fixed asset on a company's stability sheet. Capitalized costs are incurred while building or purchasing fixed assets. Capitalized expenses are not expensed within the duration they had been incurred but identified over a time period via depreciation or amortization.
price capitalization refers back to the exercise of no longer spotting the value of a fixed asset, tangible or intangible, inside the length, it changed into incurred but instead expensing it over a time period via depreciation or amortization.
Capitalized expenses can include intangible asset prices may be capitalized, like patents, software introductions, and trademarks. similarly, capitalized fees consist of transportation, labor, sales taxes, and substances.
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4. what are the challenges facing bill morani and hal in moving their sustainability agenda forward?
Bill Morani and HAL still have problems with their supply chain problems, solid and hazardous waste emissions to the waterways, and fuel efficiency.
Making partnerships with other groups that share your goals and values is one way to involve stakeholders who aren't already involved. For instance, HAL may collaborate with neighborhood environmental groups to help them promote and support their sustainability initiatives.
Another tactic to decrease the environmental impact of the cruise industry is to invest in environmentally friendly technologies and practices. To lessen its carbon impact, HAL might, for instance, spend money on fuel-efficient ships or renewable energy sources.
Looking for grants and donations from private foundations and government organizations is the last alternative for financing these activities. For instance, HAL can ask the Environmental Protection Agency (EPA) for grants to help with funding its environmental initiatives.
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Which of the following characteristics is not indicative of an enterprise qualifying as a primary beneficiary with a controlling financial interest in a variable interest entity? a. the power to direct the most significant economic performance activities b. the power through voting or similar rights to direct activities, which significantly impact economic performance c. the obligation to absorb potentially significant losses of the entity d. no ability to make decisions about the entity's activities e. the right to receive potentially significant benefits of the entity.
No ability to make decisions about the entity's activities. Option D is correct .
What is entity's activities?
An entity combines actions that are managed by a single entity. You can't link a form to an entity until it already exists. The entirety of a firm or partnership is covered by an entity. An activity is a component of the partnership or business. To put it another way, a single entity can encompass a variety of actions.Is entity and activity the same?
The entire Partnership or firm is a single entity. An activity is a component of the partnership or business. To put it another way, a single entity can encompass a variety of activities.Learn more about entity's activities
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a manufacturer of farm equipment has annual turns of four, and its cost of goods sold (cogs) is $44 billion. what is the average inventory it holds? (in billion $s) note: round your answer to 1 decimal place.
It holds an average of $11 billion in inventory.
Cost of goods sold =$44 billion
inventory turnover =4
Formula: Average inventory = Cost of goods sold/Inventory turnover
= 44/4
= $ 11 billion
The term "inventory" refers to both the raw materials utilized in production and the finished commodities that are offered for sale. One of a company's most valuable assets is its inventory because it is one of the main ways the business generates income and, consequently, profits for its shareholders. There are three categories of inventory: raw materials, work-in-progress, and finished goods. On a company balance sheet, it is classified as a current asset.
Any business's inventory is a crucial asset. It is defined as the assortment of raw materials or completed products that a company maintains throughout the normal course of business. The three main types of inventory include raw materials.
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how long does the credit bureau have to remove the error?
In accordance with the Fair Credit Reporting Act, a dispute must be investigated and settled by the three credit bureaus within 30 days.
What does credit bureau mean?
A credit bureau keeps track of borrowers' credit histories to produce credit reports and credit ratings. In order to assess the credit risk of their clients and decide whether or not to give credit to them, financial institutions purchase this information.Why do credit reporting agencies exist?
The credit reporting agencies (CRAs) gather and keep track of the data for your credit reports. As each CRA has its own records, it's possible that they don't have information on all of your accounts. No organization is more significant than the others, despite differences in their reports.Learn more about credit bureau
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most airline companies offer frequent flyer programs, which award points based on the number of miles flown with the airlines. the points can then be exchanged for free flights. this is an example of what type of segmentation?
This is a type of usage rate segmentation as airline offer flyer programs awarding points to their customers on the number of miles they've flown with the airlines.
Usage rate segmentation is a measurement of the number of customers who are liking the company's product as well as the population disliking it. This is done by putting out different offers and features for their customers/users in order to get them involved with their goods and services. Four types of consumers can be categorized in usage rate segmentation: new users (engaging such users can increase their potential and revenue), power users ( committed to the products), advocates (using, praising, and recommending to others), and inactive users (disengaged and not interested one).
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question mode multiple choice question as an employee, which best describes how to define corporate culture? multiple choice question. seeing how people act to achieve career success. paying close attention to the company's profits.
Seeing how people act to achieve career success is the best example of Corporate culture.
What is Corporate Culture?Corporate culture, usually referred to as company culture, is a set of values and activities that govern how management and staff at a firm interact and conduct business with third parties. Corporate culture can significantly affect a company's and its workers' success. An organisation with a strong culture promotes a harmonious fusion of work, personal, and overall goals. It enables you to perceive a person as a complete and assist them in moving forward in the path they desire. Corporate culture can directly affect recruitment, staff retention, teamwork, policy compliance, communication, and change management effectiveness.
Hence, Seeing how people act to achieve career success is the best example of Corporate culture.
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Which of the following is a demographic characteristic that is a force for
change outside the organization?
O Education
O Productivity
O Job satisfaction
O Petroleum prices
A demographic characteristic that is a force for change outside the organization is Education.
Demographic characteristics refer to attributes that describe the status of people or a person such as age, gender, ethnicity or income.
Education is often strongly associated with fertility, mortality and migration experiences. As a planned long-term activity, schooling must in general be considered to be potentially and endogenous.
It also refers of a population, such as age, race, and martial status.
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b. how much will gdp change after a $400 billion decrease in government purchases, if the multiplier is 1.25?
The GDP change after a $400 billion decrease in government purchases, if the multiplier is 1.25 will be -398.75 billion.
According to the Bureau of Economic Analysis' "advance" estimate, real gross domestic product (GDP) expanded at an annual rate of 2.6 percent in the third quarter of 2022 (table 1). The real GDP fell by 0.6% in the second quarter.
A rising GDP indicates that the economy is expanding, which increases the resources accessible to citizens in the form of goods, services, wages, and profits.
The demand for money will rise as the GDP rises because more people will need money to conduct the transactions required to acquire the new GDP. In other words, the effect of transaction demand causes a rise in the demand for real money.
Change in GDP = 1.25*(-$400billion) = -398.75 billionHence, gdp change will be -398.75 billion.
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thomas has agreed to buy a set of vintage stereo speakers from ace pawn shop, inc. (ace). per the terms of their agreement, ace must deliver the speakers to thomas on july 1, and thomas will pay $500 cash to ace's driver immediately upon taking delivery. this is an example of a contract that is subject to .
If thomas will pay $500 cash to ace's driver immediately upon taking delivery. this is an example of a contract that is subject to : concurrent condition .
What is concurrent condition ?Concurrent condition can be defined as the way in which a contract between two or more people is based on condition and example of this condition is that a seller must tend to deliver the goods to a buyer before the seller is paid.
This scenario is an example of concurrent condition based on the fact that both parties in the contract must meet the terms and conditions of their agreement.
Therefore this is a concurrent condition.
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The complete question is:
Thomas has agreed to buy a set of vintage stereo speakers from Ace Pawn Shop, Inc. (Ace). Per the terms of their agreement, Ace must deliver the speakers to Thomas on July 1, and Thomas will pay $500 cash to Ace's driver immediately upon taking delivery. This is an example of a contract that is subject to Multiple Choice O executed conditions O a condition subsequent O an accord and satisfaction O concurrent conditions о recurrent conditions
baran wants to begin drug testing applicants before he hires them to work for his hotel. which of the following is true and sound advice for baran?
a. Baran should begin drug testing because an increasing number of employers are drug testing applicants.
b. Baran should test every applicant in the pool or none at all.
c. Drug testing is prohibited by federal law, but it is permitted in most states.
d. Drug testing is prohibited by law, but alcohol testing is permitted.
Baran should test every applicant in the pool or none at all is true and sound advice for baran.
The applicant is a dramatic caricature written by way of Harold Pinter. At the start written in 1959 and primary published by way of Eyre Methuen in 1961, it became first broadcast on BBC Radio on the 1/3 Programme "among February and March 1964," together with Pinter's other revue sketches, it's Your trouble, it really is All, Interview, and dialogue for 3. A revised and lots-extended model of Applicant is integrated inside the ultimate scene of Act one in all Pinter's play The Hothouse, wherein the person still called Lamb is "tested" in "a soundproof room" via pass over Cutts, the successor of leave out Piffs, and her colleague Gibbs (fifty eight–seventy eight).
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suppose the fed conducts an open market purchase of bonds this monetary policy action will tend to cause
This monetary policy action will tend to cause the price of bonds to decrease and the interest rate will increase.
What is monetary policy?The goal of monetary policy is to ensure price stability and public confidence in the strength and stability of the country's currency. It is the strategy used by the monetary authority of a country to control either the interest rate payable for very short-term borrowing (banks borrowing from one another to meet their short-term needs) or the money supply. By modifying interest rates or removing excess reserves, monetary policy can increase the money supply by "printing" more money or reduce it by adjusting reserve requirements. Contrast this with fiscal policy, which uses taxation, government spending, and government borrowing as tools for a government to control economic cycle phenomena like recessions.
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the engineers at wonderful widgets have come up with an idea for a new product. the company has determined that the product fills a market need and that it should generate a profit. now the company wants to see how the product attributes will be perceived by the consumer. how will the company do this?
The business has decided that the product should make a profit since it meets a market need. The business now wants to see
Which marketing strategy aids companies in gathering data for new products and services?Market research: By acquiring data about consumer behavior, both current and potential, and then evaluating and interpreting that data, firms can decide with confidence whether to launch a new good or service.
What features of the product are significant to consumers?Size, color, flavor, container type, and other characteristics that are pertinent to the category are examples of attributes. These characteristics set the consideration set from the consumer's point of view and affect the final purchase choice.
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communism is an economic and political system in which the state makes almost all economic decisions and owns almost all the major factors of production. group startstrue or false
Communism is an economic and political system in which the state makes almost all economic decisions and owns almost all the major factors of production is the statement false.
What is Communism?Communism is an economic and political system where the state (the government) controls practically all of the key factors of production, including housing for its citizens.The cornerstones of communism are the fair distribution of wealth among a country's population and the communal ownership of all property. In particular, it demanded that the proletariat, or working class, take control of the means of production, such as manufacturing and agriculture. The primary distinction between the two ideologies is that under socialism, all citizens share equally in the economic resources distributed by a democratically elected government while under communism, most property and economic resources are owned and controlled by the state (rather than by individual citizens).To learn more about Communism refer to:
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The ___ multiplier is used to calculate a change in real gdp whenever expenditures such as consumption, gross investment, government purchases, or net exports change.
The expenditures multiplier is used to calculate a change in real GDP whenever expenditures such as consumption, gross investment, government purchases, or net exports change.
What is expenditures multiplier ?
The expenditure multiplier (spending multiplier) is a ratio that contrasts the amount of an autonomous change in aggregate spending with the overall change in a country's GDP caused by that change. It calculates the effect of every dollar spent during an initial increase in expenditure on the overall real GDP of a country.
It is estimated as the difference between the change in government spending and the change in real gross domestic product (GDP). divided by the change in government expenditure, the change in equilibrium expenditure and real GDP as a result of equal changes in government spending and lump sum taxes.
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what is the biggest challenge in a routine business message?
Finding sufficient information to put in writing a recurring business message is difficult.
Business is the practice of creating one's residing or making a living by way of generating or shopping for and selling products. it's also "any interest or enterprise entered into for earnings.
A commercial enterprise is defined as an employer or enterprising entity engaged in commercial, industrial, or professional sports. agencies may be for-income entities or non-earnings companies. business sorts variety from confined liability businesses to sole proprietorships, businesses, and partnerships.
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an accelerated depreciation method yields larger depreciation expense in the early years of an asset's life and less depreciation expense in later years. group startstrue or false
The correct answer is True. This is because accelerated depreciation is a depreciation method that allows you to recognize a higher depreciation expense in early years and less depreciation expense in later years.
We use accelerated depreciation because it is one of the largest corporate subsidies in tax law. This allows taxpayers to take more deductions in the early stages of investing, thus paying less tax. Therefore, accelerated depreciation subsidizes business investment. Accelerated depreciation methods are not technically required, but tend to adjust the allowable depreciation rate of an asset to its actual use. This adjustment usually happens because assets are most used when they are new, functional, and most efficient.
Accelerated depreciation is the faster depreciation of a fixed asset at the beginning of its useful life. This type of depreciation reduces the amount of taxable income early in the asset's useful life and allows tax liability to be deferred to a later period.
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the two steps in business portfolio planning are ________ and ________.
The two steps in business portfolio planning are receive more, and less, or no investment.
A business portfolio is defined as a set of merchandise, services, and other business enterprise divisions.
This portfolio can also be called the corporation's set of handy assets that it uses to attain its desires. It includes investments, holdings, merchandise, groups, and logos.
The two types of portfolio techniques include the active approach and the passive approach.
An active approach is a funding tactic in which a fund supervisor buys and sells securities in reaction to the converting market situations. With a passive approach, you avoid shopping for and selling stocks regularly.
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On average, how many people attend the Macy’s Thanksgiving Day Parade each year?
Answer:
It's unclear how many people will line the streets this year to watch the parade, which typically draws 2 million to 3 million spectators along the route.
Explanation:
Which of the following refers to a concept that explains how products go through four distinct stages from birth to death: introduction, growth, maturity, and decline?
A. Product line
B. Product management
C. Product quality
D. Product mix
E. Product life cycle
The phrase "product life cycle" refers to a theory that describes how products go through four distinct stages from introduction to death: growth, maturity, and decline.
The Product Life Cycle (PLC) describes the phases that a product goes through as it enters, establishes itself, and exits the market. To put it products another way, the product life cycle outlines the phases that a product is likely to go through. For managers, it is a useful tool to aid in the analysis and creation of strategies for their products as they enter and leave each stage.
Sales of a product usually start out low and increase gradually. Since the products is still new and untested, the company's profit is currently product life cycle minimal, if any. Customers might be reluctant or unlikely to test the product during the introduction stage, so significant marketing efforts are needed. Because the production capacity is not maximized, there are no advantages from economies of scale.
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a company's ceo asks the marketing department to use a communication mix consisting of a special blend of advertising, sales promotion, public relations, personal selling, direct marketing, digital marketing, and event marketing. the cmo refers to the use of:
An innovative combination of advertising, sales promotion, public relations, personal selling, direct marketing, online marketing, and event marketing. In the CMO, the promotion mix is discussed.
what is the promotion mix?To maximize promotional efforts and reach a larger audience, marketers create a promotion mix, which is a collection of various marketing strategies. The duty of the marketer is to determine the ideal promotion mix for a specific brand. It takes marketing expertise and experience to create a promotion mix.
To create a successful promotion mix, marketers must conduct numerous studies and gather a ton of information on a specific brand. For instance, you must evaluate which marketing channels will best reach your target audience, determine how much money you can spend on a promotion, and define your target demographic.
A promotion mix is a more comprehensive strategy for one of the marketing mix's five components, promotion. People, products, places, and prices are further considerations.
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What is the main purpose of the FDIC?
The FDIC insures deposits; examines and supervises financial institutions for safety, soundness, and consumer protection; makes large and complex financial institutions resolvable; and manages receiverships.
What impact did the FDIC have?In the event that financial institutions collapse, the Federal Deposit Insurance Corporation (FDIC) is an independent organization that offers deposit insurance for bank accounts and other assets in the United States.The FDIC was established to increase customer trust in the soundness and stability of the country's financial system.The Banking Act of 1933, also known as the Glass-Steagall Act, established the Federal Deposit Insurance Corporation (FDIC), an independent U.S. government corporation, with the mandate to regulate certain banking practices and to insure bank deposits in eligible banks against loss in the event of a bank failure.To learn more about Federal Deposit Insurance Corporation refer,
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Assume that the price elasticity of supply for good y is 0. 5. If the price of good y decreases by 30 percent, the quantity supplied of good y will.
If the price elasticity of supply for good y is 0. 5 and the price of good y decreases by 30 percent, the quantity supplied of good y will decrease by 15%.
The price elasticity of supply measures how much the quantity supplied changes as the price changes. The law of supply holds since this elasticity is measured along the supply curve, and thus price-elasticity of supply is always positive numbers.
When the price of good rises, the supply of that good rises as well, according to basic economic theory. In contrast, when the price of a good falls, so does its supply.
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which of the following statements is correct? a. multiple irrs can exist, but not multiple mirrs. this is one reason some people favor the mirr over the regular irr. b. if a firm uses the discounted payback method with a required payback of 4 years, then it will accept more projects than if it used a regular payback of 4 years. c. for mutually exclusive projects with normal cash flows, the npv and mirr methods can never conflict, but their results could conflict with the discounted payback and the regular irr methods. d. the npv, irr, mirr, and discounted payback (using a payback requirement of 3 years or less) methods always lead to the same accept/reject decisions for independent projects.
Multiple IRRs can exist, but not multiple MIRRs. This is one reason some people favor the MIRR over the regular IRR.
Why would a project have multiple IRRs?There can be more than one IRR, but not more than one MIRR.This is one of the arguments in favor of the MIRR versus the conventional IRR.Junk bonds are a type of high-risk, high-yield debt.They are frequently employed to fund leveraged acquisitions and mergers as well as to lend money to businesses with uncertain financial standing. When one analyzes cash inflows and cash outflows in the internal rate of return, multiple rates of return occur. The internal rate of return is the present value of cash flows that will result in a project breaking even.If there are many sign changes in a net cash flow stream, the IRRs will vary. If a project has nonstandard cash flows, it may have several IRRs.When cash withdrawals happen after cash inflows have started, this is known as an abnormal cashflow.To learn more about multiple IRRs refer
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select choices which are true about total costs. (select all that apply.) question 38 options: always decreases as quantity increases
Average total cost X quantity. This is because ATC is TC / Q so TC is ATC * Q
(Average variable cost plus average fixed cost) X quantity. This is again through because AVC + AFC is equal to ATC and ATC * Q is TC
Total variable cost plus total fixed cost.
It is not always horizontal because it may contain both fixed costs and variable costs. It may not always decrease or always increase because it depends upon the presence of fixed costs as well as variable costs.
Cost, in common usage, is the financial price of products and offerings that manufacturers and purchasers purchase. In a fundamental monetary experience, the fee is the measure of the opportunity opportunities foregone inside the desire of one excellent or pastime over others.
The two basic types of charges incurred by means of businesses are constant and variable. fixed charges no longer vary with output, whilst variable costs do. constant costs are every now and then referred to as overhead expenses. they are incurred whether a company manufactures one hundred widgets or 1,000 widgets.
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small businesses differ from large businesses when going international primarily in group of answer choices the available participation strategies. the strategies they can use to go international. their founders and entrepreneurs influence. the available multinational strategies.
Large companies have the advantage of being more established and having greater access to funding. Additionally, they enjoy a higher rate of repeat business, which results in greater profits and higher sales than smaller businesses.
When contrasting small businesses with larger rivals?
It is evident that smaller businesses frequently have the ability to provide customer service that is more individualized than that of larger businesses when compared to their larger competitors. Many small businesses in the United States aren't interested in exporting because they don't know where to start.
Extra benefits incorporate lower costs, adaptability to adjust to changing economic situations, center around a restricted market specialty, and notoriety. The high level of stress and the high rate of failure are two of the disadvantages of small businesses.
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while the economic policies introduced by most newly independent states in sub-saharan africa were generally unsuccessful, what country managed to create a large and diversified economy during the postcolonial period?
South Africa managed to create a large and diversified economy during the postcolonial period.
An economy is a network of interconnected production and consumption activities that ultimately decide how resources are distributed within a community. The needs of persons who live there and operate there are met through the production and consumption of goods and services as a whole. An economy is a region where goods and services are produced, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, use, and management of finite resources. An economy is a network of interconnected production and consumption activities that ultimately decide how resources are distributed within a community. The needs of persons who live there and operate there are met through the production and consumption of goods and services as a whole.
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a piece of equipment costs $50,000 and current accumulated depreciation is $10,000. what is book value?
The equipment's book value is $40,000
$50k was spent on the equipment.
Depreciation costs equal $10000.
Equation: Equipment book value = Equipment Cost - Depreciation Cost
= 50000 - 10000
= $40000
What Do Depreciation Costs Entail?
The amortized fraction of the cost of the company's fixed assets over a specific time period is what is referred to as depreciation expenditure. Depreciation expense is recorded as a non-cash expense on the income statement, which lowers the company's net income or profit. Depreciation expense is debited and accumulated depreciation is credited for accounting purposes.
Because periodic monthly amortization does not take place in cash transactions, depreciation costs are classified as non-cash expenses.
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george jefferson established a trust fund that will provide $176,500 per year in scholarships. the trust fund earns an annual return of 2.3 percent. how much money did mr. jefferson contribute to the fund assuming that only income is distributed?
Mr. jefferson contribute to the fund assuming that only income is distributed $7,060,000
What is annual amount?The response is that Mr. Jefferson gave the trust fund $7,060,000
We use the following equation, assuming that the interest earnings are equal to the annual amount of money allocated for scholarships:
The amount of money you make each year is your annual income. Your regular pay as well as any bonuses, commissions, overtime, or tips collected are all included in your income. Gross annual income and net annual income are two different terms that may be used to describe it.Annual interest income / rate of return equals the total trust fund.
= $176,500 / 2.5%
= $7,060,000
Therefore, Mr. Jefferson gave the trust fund a total of $7,060,000 in contributions.
Mr. jefferson contribute to the fund assuming that only income is distributed $7,060,000
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