Question 7
5 pts
(03.02 MC)
Gina made a down payment on a motorcycle. What incentive di...
Business, 19.10.2020 02:01 lilpeepxliltracy
Question 7
5 pts
(03.02 MC)
Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?
O A tax break
O A higher loan rate
O A less secure loan
O A reduced time in debt
Answers: 3
Business, 21.06.2019 22:50
The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.
Answers: 1
Business, 22.06.2019 15:30
In 2015, lori assigned a paid-up whole life insurance policy to an irrevocable life insurance trust (ilit) for the benefit of her three children. the ilit contained a crummey provision for the benefit of each child. at the time of the transfer, the whole life insurance policy was valued at $200,000, and since lori had not made any other taxable gifts during her lifetime, she did not owe any gift tax. lori died in 2016, and the face value of the whole life insurance policy of $2,000,000 was paid to the ilit. regarding this transfer, how much is included in lori’s gross estate at her death?
Answers: 1
Business, 23.06.2019 00:30
An emerging methodology to integrate the effort of the development team and the operations team to improve the functionality and security of applications is known as
Answers: 1
Business, 23.06.2019 02:50
Three years ago, stock tek purchased some five-year macrs property for $82,600. today, it is selling this property for $31,500. how much tax will the company owe on this sale if the tax rate is 34 percent? the macrs allowance percentages are as follows, commencing with year 1: 20.00, 32.00, 19.20, 11.52, 11.52, and 5.76 percent.
Answers: 1
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