Outline the classification of principal and income under the Revised Uniform Principal and Income Act.
What will be an ideal response?
Income account:
Income: rent, interest, dividends, net business profits, 72 1/2% of royalties.
Expenses: ordinary expenses (e.g., property taxes, insurance, interest, ordinary repairs), taxes
levied on accounting income, and depreciation.
Principal account:
Income: consideration (including gains) received upon disposition of property, stock dividends,
27-1/2% of royalties.
Expenses: principal payments on debt, extraordinary repairs and capital improvements, taxes on
gains and other items of principal.
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An input to sales and operations planning by the operations department includes ______.
A. new product information B. demand forecasts C. workforce availability D. capacity availability
Given an expected market return of 12.0%, a beta of 0.75 for Benson Industries, and a risk-free rate of 4.0%, what is the expected return for Benson Industries?
A) 13.0% B) 10.0% C) 9.0% D) 4.0%
When a number stored in one cell, such as FUTA tax rate, is going to be used in a formula several times in a spreadsheet, an _____________________________ is used so that when the formula is copied to other cells the pointer to the tax rate does not change
Fill in the blank(s) with correct word
In the pre-Internet environment, supply chain coordination was hampered by the difficulties of making information flow smoothly among different internal supply chain processes
Indicate whether the statement is true or false