Owes sams garage 50$ (accounts payable)

a. asset

b. liability

c. both

d. neither

Which of the following items is not a temporary difference? A. Vacation pay accrued for tax purposes in a prior period is deducted in the current periodB. Tax depreciation for the period exceeds book depreciationC.

Wall Drugs offered an incentive stock option plan to its employees. On January 1, 2021, options were granted for 60,000 $1 par common shares. The exercise price equals the $5 market price of the common stock on the grant date.

Sheffield Company purchases $50,300 of raw materials on account, and it incurs $63,900 of factory labor costs.

Pizza is a normal good if the demand Group of answer choices a. for pizza rises when income rises. b. for pizza rises when the price of pizza falls. c. curve for pizza slopes upward. d.

Ian gets 20 utils of satisfaction from eating a pear that costs $0.40. calculate the corresponding marginal utility per dollar spent.

You currently have $3,400 in an investment account that returns 11% per year. How long will you have to wait until you can make $5,000 down payment on a car? A loan you took out is due in three years and requires repayment of $3000.

ptown Promotions has three divisions. As part of the planning process, the CFO requested that each division submit its capital budgeting proposals for next year.

Peter Lynchpin wants to sell you an investment contract that pays equal $22,500 amounts at the end of each of the next 20 years. If you require an effective annual return of 8 percent on this investment, how much will you pay for the contract today?

Avery Corporation's target capital structure is 35% debt, 10% preferred, and 55% common equity. The interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of common from reinvested earnings is 11.

There could be many baseline effects and fluctuation effects occurring under which level? a) breakthrough level b) inception level c) terminal level d) manifestation level