Business, 21.08.2020 09:01 stormserena
A customer has just received a $100,000 inheritance and wants to know what to do with the money until he decides how to use it. He thinks that he will make his decisions on what to do with the funds within 3 months. The BEST recommendation is for the customer to buy:"
a. Treasury Bills
b. Treasury Notes
c. Investment Grade Preferred Stock
d. Certificates of Deposit
Answers: 1
Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
Business, 22.06.2019 11:30
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, peteβs three children, naomi, daniel, nick; fredβs three children, heather, chris and steve; and lucyβs two children, david and rachel. joseβs will states the following βi leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.β which of the following statements is correct? (a) under joseβs will rachel will receive $150,000. (b) under joseβs will chris will receive $150,000. (c) under joseβs will nick will receive $100,000. (d) under joseβs will pete will receive $200,000.
Answers: 1
Business, 22.06.2019 21:50
The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.
Answers: 1
A customer has just received a $100,000 inheritance and wants to know what to do with the money unti...
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