Which of the following is not subject to immediate taxation?

A) A Christmas bonus
B) Tips from your waitressing job
C) Salary and wages
D) Contributions to your employer-sponsored retirement account


Answer: D

Business

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The natural progression in items from one statement to another and preparation of financial statements is best represented by the following order:

a. Balance sheet and statement of cash flows > statement of retained earnings > income statement b. Balance sheet and statement of cash flows > income statement > statement of retained earnings. c. Statement of retained earnings > income statement > balance sheet and statement of cash flows d. Income statement > statement of retained earnings > balance sheet and statement of cash flows

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?How is the book value per share calculated?

A. ?Book value per share = Common equity ÷ Total number of shares outstanding B. ?Book value per share = Total shares issued × Per share par value C. ?Book value per share = Current assets - Current liabilities D. ?Book value per share = Total assets ÷ Total number of shares outstanding E. ?Book value per share = Earnings available to common stockholders ÷ Total number of shares outstanding

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Walmart implemented a web-based scorecard that evaluated the packaging of each product along nine metrics which included

A) cube utilization. B) distance traveled. C) recycled content. D) Both A and C

Business

Bonds only sell for a discount when the firm is having financial difficulty.?

Answer the following statement true (T) or false (F)

Business