A company has a gross income of $6,000,000. They had operating expenses of $4,000,000. They bought a machine during the year that cost $2,000,000. he machine has a life expectancy of 5 years and a salvage value of $400,000. Based on a Straight Line with a half-year convention, what is their taxable income in year 1?

What factors excluding price affect demand

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be