Generally, minerals, crops, and timber are personal property both while attached to the land and
when severed from the land.
Indicate whether the statement is true or false
FALSE
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Which of the following is NOT an action to minimize your risk of identity theft?
a. opting out of pre-approved credit cards. b. shredding mail that contains detailed information. c. using strong passwords and changing them often. d. using Social Security number on visiting cards.
Mesquite, Inc engaged in the following transactions during October: Performed services for cash $1,840 Performed services on credit 2,100 Purchased office supplies on account 800 Paid salaries in cash 900 Collected on account 600 Paid on account 400 What is the amount of cash still to be received?
A) $2,300 B) $1,500 C) $1,900 D) $400
You may deduct an IRA investment only if you itemize expenses
Indicate whether the statement is true or false.
Alexis Co. reported the following information for May: Part AUnits sold 5,000unitsSelling price per unit$800 Variable manufacturing cost per unit 520 Sales commission per unit - Part A 80 What is the manufacturing margin for Part A?
A. $1,000,000 B. $3,600,000 C. $1,400,000 D. $2,600,000 E. $2,400,000