When a taxable bond is issued at a discount, taxpayers are required to amortize the discount and reduce the amount of interest reported in the current year by the amount of current year original issue discount amortization.True or False

Answers

Answer 1

When a taxable bond is issued at a discount, taxpayers are required to amortize the discount is a true statement.

When bonds are issued at a discount, interest expense equals the sum of interest paid and discount amortized.

The amount of interest reported in the current year must be increased by the amount of the current year's original issue discount amortization when a taxable bond is issued at a discount.

A bond that is liable to taxes at the municipal, state, or federal levels, individually or in combination, is referred to as a taxable bond. Despite the fact that the bond itself is regarded as a tax-exempt bond, the accreted discount is taxable.

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Related Questions

The additional income from
selling one more unit of a good
O increasing marginal returns
O diminishing marginal returns
O marginal revenue
O marginal product of labor
O marginal cost

Answers

C, marginal revenue

Explanation: Marginal revenue is the additional income from selling one more unit of a good. It is usually equal to the price.

Happy to help, have a great day! :)

T/FThe prevalence of plantation slavery kept the South from matching northern rates of immigration, industrial development, and urban growth.

Answers

True. The prevalence of plantation slavery kept the South from matching northern rates of immigration, industrial development, and urban growth. During the period of plantation slavery, the South primarily depended on agriculture, and the production of cotton, tobacco, and sugar played a significant role in their economic growth.

Therefore, slavery had a significant influence on the social and economic development of the southern states, and they couldn't compete with the North's progress in the industrial and urban sectors.

The southern economy depended heavily on the availability of slaves to work on plantations, and the people who lived in these areas had no motivation to change the system since it supported their way of life.

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.Sally Jorgenson owns a nail salon with 10 employees. The salon is a sole proprietorship, and Sally uses the accrual method of accounting and maintains applicable financial statements. A year ago, Sally decided to sell gift cards to enhance her business. The gift cards can be used for nail services or nail products. She receives payment for the gift cards when she sells them, and the gift cards have no expiration date. They cannot be redeemed for cash. Offering gift cards is new to Sally, and unfortunately, she did not confer with you, her tax accountant, about how to keep records for the gift cards. Therefore, she has only kept records of when the cards are redeemed, not when they are sold. For applicable financial statement purposes, Sally has included the payments for the cards in revenue when they are redeemed.
Can Sally account for the income from the gift cards in the same way for tax purposes? If not, what would you advise Sally to do to enable her to use the most advantageous method of reporting the gift card income for tax purposes?

Answers

Sally Jorgenson cannot account for the income from the gift cards in the same way for tax purposes as she did for financial statements purposes. For tax purposes, Sally needs to follow the IRS guidelines regarding the treatment of gift card income as it is different from the accrual method. Therefore, Sally needs to adjust her records to enable her to use the most advantageous method of reporting the gift card income for tax purposes.

The tax treatment of gift card income depends on how and when the income is recognized. According to the IRS guidelines, gift cards are generally considered income when they are redeemed, not when they are sold. This means that Sally should record the payments for the gift cards when they are redeemed, not when they are sold. Therefore, Sally needs to adjust her records to show the payments received when the cards are redeemed for tax purposes.

To do this, Sally can use the cash method of accounting for gift card income. Under this method, Sally would record the payment for the gift card as income when it is received, not when it is redeemed.

To sum up, Sally needs to adjust her records to reflect the payments for the gift cards when they are redeemed for tax purposes. To do this, Sally can use the cash method of accounting for gift card income.

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For the fiscal year 2020, Heller Company reports revenues of $56,252 million, net operating profit after tax of $9,735 million, net operating assets of $58,720 million. The 2019 balance sheet reports net operating assets of $57,306 million. What is Heller’s 2020 net operating profit margin?

17.9%

16.8%

There is not enough information to calculate the ratio.

17.3%

Answers

For the fiscal year 2020, Heller’s net operating profit margin is 17.3%. Option (d) is correct.

Operating profit is the remaining revenue for a business after all costs have been deducted, excluding the cost of debt, taxes, and certain one-time charges. Net income is the profit that remains after all expenses incurred during the period have been deducted from sales revenue.

By dividing operating profit by net sales, the operating profit ratio is determined.

Net operating profit = Net operating profit after tax ÷ Revenues

Net operating profit = 9,735,000,000 ÷ 56,252,000,000

Net operating profit = 17.3%

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How much will the peruvian government spend on servicing.

Answers

Answer:

4,000 m

Explanation:

4,000 million Peruvian sol

The Peruvian government spends on servicing is 4000 million Peruvian Sol.

What kind of government does Peru belong to?

The Republic of Peru is a united country and a republic with a multi-party democratically elected president. The current government was established by the Peruvian Constitution of 1993. The government is made up of three branches, namely the executive, the judiciary, and the judiciary.

Was Peru a dictatorship?

The Military Revolutionary Government was the military dictator who ruled Peru from 1968 to 1980 after a successful coup d'état by the Peruvian Armed Forces.

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Elijah is concerned that his bank is making poor financial decisions and worries that his $1,200 deposited in savings will be lost it
the bank were to fail. As long as his bank meets the necessary requirements, which of the following protects Elijah against this
potential loss? (1 point)

Answers

Answer:

Federal Deposit Insurance Corporation

Explanation:

It was correct on the quiz.

Answer:

the correct answer is Federal Deposit Insurance Corporation

Explanation:

i got 100%

which of the following describes intellectual property?responsesthings that are created in the mind and not necessarily able to be seen or touchedthings that are created in the mind and not necessarily able to be seen or touchedinventions or discoveries that have significant educational or scientific valueinventions or discoveries that have significant educational or scientific valueconcepts that are too abstract to be copyrighted or trademarked in any wayconcepts that are too abstract to be copyrighted or trademarked in any wayany kind of work or creation that was developed at a college or university

Answers

Intellectual property describes things that are created in the mind and not necessarily able to be seen or touched. Intellectual property (IP) refers to the rights that are awarded to creators and inventors for their original work and inventions that are products of their intellect or mind.

The intellectual property refers to creations of the mind such as inventions, literary and artistic works, symbols, images, designs and names used in commerce.

Examples of intellectual property include trademarks, patents, copyrights and trade secrets.

The owner of intellectual property has exclusive rights to control its use. This includes the right to prevent others from using or exploiting the intellectual property without permission or authorization.

The purpose of IP laws is to encourage innovation and creativity by granting creators and inventors certain legal rights to their creations and inventions.

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describe how supply and demand impact the cost of a good of service

Answers

Answer:

see below

Explanation:

Supply

Supply is the volume of a product or service that suppliers are willing to sell at the market at the stated price. The quantities supplied have a direct impact on the price of the product or service.  The ideal volume is the equilibrium quantity, where there is no excess or short supply.  Both sellers and buyers are happy with the price at the equilibrium quantity.

Should supply exceed equilibrium quantity, there is an excess supply in the markets. Many suppliers try to sell to a few buyers.  Consequently, the prices decrease. When supply is below the equilibrium quantity,  it causes a shortage in the market. As buyers compete for the few available products and services, prices increase.

Demand

Demand refers to the quantities that buyers are willing to purchase at a given price in a period. There exist a direct and proportionate relationship between the demand and price of a product or a service. An increase in demand causes the price to rise. When the demand falls, the prices decline.

9. The financial aid you receive is called
1) an award
2) a grace period
3) a renewable award
4) non-renewable award

Answers

The answer to your question is...
An Award.

If an owner gives personal tools to the business, how is the transaction recorded?

Answers

As an additional investment by the owner recorded on the basis of fair market value.

the rise of virtual work has led to a decline in organizational hierarchies. (True or False)

Answers

The given statement that "the rise of virtual work has led to a decline in organizational hierarchies" is true to a certain extent. With the advancement in technology and the growth of the gig economy, more and more individuals are choosing to work remotely and independently, rather than being a part of a traditional organizational structure.

This trend towards virtual work has led to a decrease in the importance of organizational hierarchies as they are not as necessary in a virtual work environment. In a virtual work setting, communication is typically more fluid and informal, which can lead to a flattening of the organizational structure.

Traditional hierarchies often rely on strict chains of command and formal communication channels, which can be difficult to maintain in a virtual work environment. As a result, virtual work has led to a more networked organizational structure where individuals and teams work collaboratively to achieve goals, rather than relying on a rigid hierarchy.

However, it is important to note that organizational hierarchies are not completely obsolete in virtual work environments. Even in a virtual setting, there is still a need for clear leadership and decision-making processes. Additionally, certain industries or job roles may still require a more traditional hierarchical structure to function effectively.

In conclusion, while the rise of virtual work has led to a decline in the importance of organizational hierarchies, it is important to recognize that hierarchies still play a role in many industries and job roles.

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The cost of capital is the same as the cost of equity for firms that are financed Select one: a. by both debt and equity. b. entirely by debt c. by 50 percent equity and 50 percent debt. d. entrely by equity:

Answers

The cost of capital is the same as the cost of equity for firms that are financed by entirely by equity, is the correct option v.

e talk about the cost of capital, it denotes to the minimum rate of return which an organization needs to earn to meet the costs of its capital funding sources. The cost of capital is the expense of obtaining those funds and is frequently used as a benchmark to assess if certain investment decisions are appropriate for a business.

Investment decisions that have a return greater than the cost of capital are normally regarded as successful, whereas investment decisions with a return less than the cost of capital are usually viewed as failed. The cost of capital calculation is different for every organization.

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1. Think back to Isaiah's situation. Using the information you've been given about his
spending habits, complete the chart below. You will need to consider the costs and
benefits of his different approaches to spending money. List two or three items in
each box, then answer the question that follows. (8 points)
Time Period
First 6 Months
Next 6 Months
Benefits
Costs
Apex

Answers

Your financial future can be significantly impacted by establishing and maintaining sound spending habits.

Is the golden rule of personal money management to spend less than you make and save for the future?

The golden rule for managing personal finances well is to spend less than you earn and save for the future. You may enhance your retirement savings rate and emergency fund by keeping track of everything you purchase each month. This helps you quickly locate any surplus funds.

An expenditure habit is what?

Your spending behavior is how you carry out your goal. It can be challenging at times to follow your plan. To balance your spending and income, you must cultivate certain spending habits.

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Which one of the following is the best reason real GDP is an important measurement for an economy?

Answers

The best reason real GDP is an important measurement for an economy is It measures all economic activity, both market and non-market transactions.

The real GDP growth rate is used to gauge the state of the economy as a whole. Real GDP growth is seen as a positive indicator of the health of the economy. As businesses recruit more employees for their factories and consumers have more money in their pockets during periods of strong real GDP growth, employment is likely to rise.

Employment often decreases as GDP drops. Although the GDP may be increasing, it is not doing so quickly enough to provide enough employment. Economies occasionally experience boom times and occasionally experience recessions. Between 1950 and 2011, there were six recessions in the US.

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Complete question:

Which one of the following is the best reason real GDP is an important measurement for an economy? A. It measures all economic activity, both market and non-market transactions. B. It is a monetary measure that allows for comparison of a nation's output across time. C. It measures the quality of products over time. D. It is a measure of changes in the level of prices in a country over time.

The main factors that can cause a cost variance include the following. Select all that apply. *price variance *time variance *sales variance *quantity variance

Answers

The main factors that can cause a cost variance include price variance,  time variance, and quantity variance. The correct option is A, B and D.

Price variance refers to the difference between the actual cost of materials or labor and the expected cost. This can occur due to changes in market prices or negotiations with suppliers. Time variance is the discrepancy between the actual time taken to complete a task and the estimated time. This can be caused by factors like employee efficiency or unexpected issues during production.

Lastly, quantity variance occurs when the actual quantity of materials or labor used differs from the budgeted amount, which can result from poor estimation or changes in production processes. Sales variance is not a factor affecting cost variance, as it relates to the difference between actual sales and budgeted sales.

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Complete question:

The main factors that can cause a cost variance include the following. Select all that apply.

a. price variance

b. time variance

c. sales variance

d. quantity variance

HOW does Industrial education affect industries ?​

Answers

Answer:

Understanding how education and training interact with the economy can help explain why some workers, businesses, and economies flourish, while others falter.  Conversely, industries with higher education and training requirements tend to pay workers higher wages.  The increased pay is due to a smaller labor supply capable of operating in those industries, and the required education and training carries significant costs.  Industries with higher education and training requirements tend to pay workers higher wages.  An economy's productivity rises as the number of educated workers increases since skilled workers can perform tasks more efficiently.  How Education And Training Affect The Economy How Job Training Influences the Economy A successful economy has a workforce capable of operating industries at a level where it holds a competitive advantage over the economies of other countries. If increases in pay are warranted as a result of the training, will the increases in productivity and profits be enough to cover any pay raises as well as the overall cost of the training program?  employers should be wary about newly trained workers leaving, many employers require workers to remain with the firm for a certain amount of time in exchange for paid training.  For Workers Workers increase their earning potential by developing and refining their capabilities and skills.  Primary—elementary school in the U.S. Secondary—middle school, high school, and preparatory school Post-secondary—university, community college, vocational schools A country's economy becomes more productive as the proportion of educated workers increases since educated workers can more efficiently carry out tasks that require literacy and critical thinking.  However, as more workers get trained over time and enter the workforce to chase the higher wages, the supply of trained workers increases.  As wages fall, fewer workers are interested in those jobs, leading to a reduction in the supply of workers.  The cycle begins again with training more workers and increasing their wages in the short run.  Because of the falling wage rate, fewer workers are interested in training for the skills demanded by employers.  Education, Training, and Race In the U.S., education doesn’t always result in higher wages for all workers.  The gaps also persist across all levels of education: Black workers who have high school, college, and advanced degrees earn just 81.7%, 77.5%, and 82.4%, respectively, of what White workers with the same degree earn.1  And the unemployment rate of Black workers who have a bachelor’s degree is similar to that of White workers without a college education.2   Economies with a significant supply of skilled labor, brought on through formal education as well as vocational training, are often able to capitalize on this through the development of more value-added industries, such as high-tech manufacturing.  Countries need to ensure through legislation and jobs programs that all their citizens have access to the education and training that can lift up workers, companies, and the entire economy.

explanation:

the ____ schema is designed to optimize data query operations rather than data update operations.

Answers

The schema that is designed to optimize data query operations rather than data update operations is called the star schema.

This schema is used in data warehousing, where large amounts of data are stored in a centralized repository for analysis and reporting purposes. The star schema consists of a central fact table that contains the quantitative data that is to be analyzed, such as sales or revenue figures, and several surrounding dimension tables that provide context for the data.

The star schema is optimized for querying data because it minimizes the number of joins that are required to retrieve the relevant data. By denormalizing the data and storing it in a flattened format, the star schema allows for faster query processing times and more efficient use of system resources. In contrast, data update operations can be more challenging with the star schema because changes to the data may require updates to multiple tables, which can be time-consuming and resource-intensive.

Overall, the star schema is an effective way to optimize data query operations in data warehousing environments. Its design allows for quick and efficient retrieval of data, which is essential for effective data analysis and reporting.

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Selling and administrative expenses would likely appear on the balance sheet of?

Answers

The selling and administration expenses would appear on the balance sheet of the period in which they have occurred and not the period in which they are actually paid.

The selling and administration expenses  are mentioned in the second section of a multi-step income statement. "The selling expenses are the costs which takes place at the time of selling goods to consumers. It consists of marketing expenses, the salary of sales personnel, and freight charges too."

"Administrative expenses are costs that are indirectly related to the sale of goods and may include the salary of the office personnel, rental expenses, etc". The total operating expenses are achieved by adding both selling expenses and administrative expenses.

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Knowledge Check - Question 5

-

What's the term for reducing the price of an item in order to encourage sales?

A. Net profit

B. Margin

C. Markup

D. Markdown

Answers

The term for reducing the price of an item in order to encourage sales is D. Markdown. Markdown is a pricing strategy where the original selling price of a product is reduced in order to increase sales.

This can be done for a number of reasons such as to clear out old inventory, to compete with other retailers, or to stimulate demand for a product. When a retailer marks down the price of a product, they are essentially sacrificing potential profit in order to move the product off the shelves and generate revenue.

It's important to note that markdowns can have an impact on a company's net profit and margin. Net profit is the amount left over after all expenses have been deducted from revenue, while margin is the percentage of revenue that represents profit.

In summary, a markdown is a common pricing strategy used by retailers to increase sales and move products off the shelves. However, it's important to consider the impact of markdowns on net profit and margin before implementing this strategy.

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An electronic banking outlet that enables customers to use a card to
withdraw money is called a(n):
A. debit card cashier.
B. money market.
C. certificate of deposit.
D. automated teller machine.

Answers

Answer:

D) automated teller machine

do you mind marking me as brainliest?

Answer:D

Explanation: just got it right

Whenever a customer's check
bounces, what account is credited?
A. Cash Equivalents
B. Accounts Receivable
C. Checks
D. Cash

Answers

C.cheque

This is the right answer

Which of these is an example of using secondary data for market research?

A. Interviewing a customer after making a purchase
B. Using census data to find information about your target market
C. Conducting a customer satisfaction survey
D. Observing a focus group test a company's new product prototype

Answers

Answer:

B. Using census data to find information about your target market

Explanation:

Using census data to find information about your target market is an example of using secondary data for market research. Option (b) is correct.

What do you mean by Focus?

Focus is a center of activity, attraction, or attention.

Secondary data is information that was gathered earlier by another party. questionnaires, personal interviews, observations, experiments, etc. Publications, websites, books, journal articles, internal documents, etc. produced by the government.

Therefore, Option (b) is correct. Using census data to find information about your target market is an example of using secondary data for market research.

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Esther primary reason for starting her own business is her desire to make her own schedule. Esther is looking forward to the ______________________ she hopes to have as entrepreneur.

(a) Tax breaks and deductions

(b) Advance technology

(c) Flexibility and independence

(d) Personal commitment​

Answers

C flexibility and independence

because not all managers have fine moral sensitivity, companies need to ________.

Answers

Because not all managers have fine moral sensitivity, companies need to  invest in ethics training and implement robust ethical guidelines.  

This approach is essential for fostering a culture of integrity, promoting ethical decision-making, and mitigating potential risks associated with unethical behavior. Ethics training programs should be designed to educate managers about the importance of ethical conduct, the company's values, and the moral principles that should guide their actions. This education helps to enhance managers' moral sensitivity, enabling them to recognize ethical dilemmas and make morally sound decisions.

Implementing robust ethical guidelines is another critical step. These guidelines should outline the company's expectations regarding ethical behavior, provide clear examples of acceptable and unacceptable conduct, and establish protocols for addressing ethical concerns. By having such guidelines in place, companies can ensure that managers understand their ethical responsibilities and have a framework to follow when faced with ethical challenges.


In summary, to address the issue of managers with varying levels of moral sensitivity, companies must invest in ethics training, implement clear ethical guidelines, and promote open communication. These measures help to establish a strong ethical foundation, support managers in navigating ethical dilemmas, and ultimately contribute to a more responsible and ethical corporate environment.

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2(C) Interest Rate Parity (10 pts) Assume that the interest rate on 1 year t-bill in Canada is .60% and the interest rate for similar paper in the US yields 1%, what do you think the 1 year forward change in the Canadian dollar has to be in order for Interest Rate Parity to hold?

Answers

To determine the 1-year forward change in the Canadian dollar for Interest Rate Parity to hold, we will use the Interest Rate Parity formula:

Forward exchange rate = Spot exchange rate * (1 + Interest rate in the domestic country) / (1 + Interest rate in the foreign country)

Let S = spot exchange rate (CAD/USD)
Let F = 1-year forward exchange rate (CAD/USD)
Let i_CAD = interest rate in Canada (0.60%)
Let i_USD = interest rate in the US (1%)

To find the required forward change in the Canadian dollar, we need to calculate the forward exchange rate and compare it to the spot exchange rate. Using the formula:

F = S * (1 + i_CAD) / (1 + i_USD)

Since we don't have the spot exchange rate (S) given, we cannot determine the exact forward exchange rate (F) and forward change in the Canadian dollar. However, you can use the formula above and plug in the given interest rates and the current spot exchange rate to find the required forward change for Interest Rate Parity to hold.

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1.What is MONEY?
2.did MONEY help you?
pls ans im back​

Answers

1. Money is a very valuable thing that helps you live. You can get money by getting a job, but there are lots of other ways to get money.

2. money helps with you being able to afford things. Money can get you a house, a tv, or even a phone.

Can someone please help me ASAP!

Project:
You are a freelance human resource expert. You have been hired by Indeed.com to help create job descriptions for their clients. You choose the industry( I’m choosing early childhood education), business/organization, and the jobs from the many listed here:the balancecareers.com/employment-skills-listed-by-job-2062389

Choose two jobs, one entry level (ex: customer service) earning less than $40K per year, the other should require experience (management) earning 40K per year

Research and create job descriptions in you own words.

The following should be included in each job description:

Company name, use a logo (existing or create your own)
Title of the position
Who will the person report to(who is the hiring manager, have some fun with this, use a fictitious name)
Terms of employment (part time or full time) days and hours work form Home etc, is travel required? If so ? How much (ex 50% travel required)

Summary of the business (describe what they do, what success they have) this can be real or a fictions company ( at least 3 sentences)

Salary or salary range (use the median annual salary in Atlanta ga

Benefits (what will you offer, medical dental etc

Job responsibilities

Required and proffered education ( this is based on your research or the minimum Education required for the job

Required/preferred skills (hard skills) at least 5 don’t actually write hard skills on the assignment

Required/ preferred experience (if one required, state this in your job description

Required/preferred personality traits ( soft skills) minimum of three

Physical requirements of the job( lifting, sitting, standing, etc)
How does the applicant apply (ex: general email “apply now”

Answers

Answer:Job responsibilities

Explanation:

aplly

Shelly hired mostly high school and college students at her landscaping business. Although her company was earning a profit, it wasn't the success she envisioned. After talking with customers and potential customers, Shelly began to hire additional workers from different age groups and experience levels. Hiring workers with more experience enabled her to bid for more complicated projects and increased customers' confidence and satisfaction. This scenario illustrates the leadership concept of:

Answers

Answer:

Diversity promoter

Explanation:

Analyzing the scenario of the question above, it is correct to say that Shelly promoted diversity in the organization by hiring additional employees of different age groups and levels of experience, and thus managed to compete for more complicated projects and increased customer confidence and satisfaction.

The diversity in the organization promotes greater innovation, creativity and a culture more favorable to development, through the exchange of experiences, which benefits the internal and external environment, since there is greater identification of the problems related to each age group and greater satisfaction of the customers' needs. , which increases the company's positioning in the market and customer loyalty.

distinguish between individual Centred career and Organisation Centred career​

Answers

Answer:

please check my profile

Explanation:

What is the difference between revolving and term credit?

Answers

Answer: Revolving credit offers borrowers the option to draw funds up to a limit while ,Term credit is the agreement between a seller and buyer that lists the timing and amount of payments the buyer will make in the future.

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