Sophia and marcel just found out that they need a new roof and that it will cost $20,000. this will lead to excessive debt due to:

Which of the following characteristics of prospective financial statements would require the practitioner to include in a report on the prospective financial statements an alert that restricts the use and distribution of the report?

When Jolt Co. acquired 75% of the common stock of Yelts Corp., Yelts owned land with a book value of $70, 000 and a fair value of $100, 000.

What is the difference between total utility and marginal utility? a. marginal utility is subject to the law of diminishing marginal utility while total utility is not. b.

Which of the following statements about a flexible-price policy is false? Group of answer choices a. This flexible-price policy may be used when selling a car. b. Flexible pricing is common in most U. S. supermarkets. c.

Place the following temperatures in order from coldest to hottest: - 8°C, 10°C, - 5°F, 40°F a. - 5°F, - 8°C, 40°F, 10°C b. - 5°F, - 8°C, 10°C, 40°F c. - 8°C, - 5°F, 10°C, 40°F d. - 8°C, - 5°F, 40°F, 10°C

Assume Canada can either produce three bushels of barley or six bushels of hay in a set period of time, and China can produce either two bushels of barley or three bushels of hay in a set period of time.

The financial statements for Harold Corporation contained the following information: Accounts receivable $ 5,000 Sales revenue 75,000 Cash 15,000 Salaries and wages expense 20,000 Rent expense 10,000 How much was Harold's net income?

Nastasha has a gross income of $66,429. she can make adjustments of $14,490 for business losses, $3,584 for business expenses, and $4,813 for contributions to her retirement plan. what is nastasha's adjusted gross income? a. $109,971 b. $22,887 c.

Debra notes that theo chocolate has started holding its own operations to the same imo standards of fair trade to which it holds its suppliers. this type of sends a powerful message to employees and customers.

Partners G and H form the GH partnership, with G contributing $200,000 cash and H contributing some land with a basis of $600,000 and a FMV of $900,000, subject to a nonrecourse liability of $700,000.