The advantages of the corporate form of business include

Your broker called earlier today and offered you the opportunity to invest in a security. As a friend, she suggested that you compare the current, or present value, cost of the security and the discounted value of its expected future cash flows

The following transactions occur for the Panther Detective Agency during the month of July: a. Purchase a truck and sign a note payable, $14,300. b. Purchase office supplies for cash, $530. c. Pay $730 in rent for the current month. Required: 1.

The following may be claimed as a tax deduction except: -Donation to charity -Some medical expenses -Money spent on household expenses -Interest on a home mortgage

What adds to be 14 but also multiplies to be 48

Select sales companies offer of shares of stock in itself to anyone who is willing to pay $60 per share is

Prepare an amortization schedule for a three-year loan of $84,000. The interest rate is 9 percent per year, and the loan calls for equal annual payments. How much total interest is paid over the life of the loan

Suppose that a 10 percent increase in the price of normal good Y causes a 20 percent increase in the quantity demanded of normal good X. The coefficient of cross elasticity of demand is:A. negative and therefore these goods are substitutes. B.

A library shelving system has a fi rst cost of $20,000 and a useful life of 10 years. The annual maintenance is expected to be $2,500. The annual benefi ts to the library staff are expected to be $9,000.

The employees of royal clothes achieved all of the sales goals for 2017. royal decides to reward the employees with a bonus of 15 % on annual net income, after deducting the bonus. the net income before the calculation of the bonus is $318,000.

Golden Enterprises started the year with the following: Assets $50,000 Liabilities $15,000 Common Stock $30,000 Retained Earnings $ 5,000 During the year, the company earned revenue of $2,500 all of which was received in cash, and incurred expenses