There are legal questions involved when considering ways to raise capital so a business can grow

Indicate whether the statement is true or false


True

Business

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Your ______ is the written sales pitch of your skills and talents.

a. cover letter b. resume c. portfolio d. references

Business

Which of the following cannot be learned by analyzing job order cost cards?

A) The balance of Work in Process Inventory at the end of the period B) The cost of all jobs done for a particular customer C) The completion time of jobs yet to be completed D) The type of products ordered by a particular customer

Business

Heather, a single taxpayer who files as a head of household, earns $60,000 in taxable income and $5,000 in interest from an investment in city of Oxford bonds. Using the U.S. tax rate schedule for year 2019, how much federal tax will she owe? What is her average tax rate? What is her effective tax rate? What is her current marginal tax rate? If Heather has an additional $20,000 of tax deductions, what is her marginal tax rate on these deductions? (Round the tax rates to two decimal places, e.g., .12345 as 12.35 percent.) (Use tax rate schedule).

What will be an ideal response?

Business

Montana Minerals sold coal to Beta Electric, receiving a six-month, noninterest-bearing note for $200,000. The fair value of the goods sold to Beta is $192,000. Montana uses a periodic inventory system, and views the financing component of this transaction to be significant.Required:1. Prepare the journal entry to record the sale.2. Compute the effective annual rate of interest.

What will be an ideal response?

Business