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Use the following appropriate amounts to calculate net income: Revenues, $12,000; Liabilities, $5,000; Expenses, $4,000; Assets, $19,000; Dividends, $4,000. A. $6,000. B.$8,000. C. $4,000. D. $14,000.

In 2016, marvin, a cash basis taxpayer, took a $2,000 itemized deduction for state income taxes paid. this increased his itemized deductions to a total that was $800 more than the standard deduction.

Slander of title and trade libel are two types of:

Which of the following is not a characteristic of a perfectly competitive market structure? a. There are a very large number of firms that are small compared to the marketb. All firms sell identical productsc.

Runnin' Wild Family Fun Center bought new go-karts for its recreation facility. The useful life is 6 years. The go-karts had a total cost of $5,100 and will generate $1,700 total cash inflows each year for the life of the go-karts.

Mayan Company had net income of $34,000. The weighted-average common shares outstanding were 8,500. The company has no preferred stock. The company's earnings per share is:

A court would be likely to enforce an illegal contract:a. under certain circumstances in which the aggrieved party was unaware of the illegality. b. where, although the contract is unconscionable, there is only procedural unconscionability. c.

A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at the end of the fiscal period ending on a Thursday is A business pays weekly salaries of $30,000 on Frid debit Salaries and

Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.56 percent, a par value of $1,000 per bond, matures in 5 years, has a total face value of $3.9 million, and is quoted at 106 percent of face value.

In what federal body do all bills concerning taxes originate?