Which of the following statements is true about taxes?

Taxes pay for schools and government

departments

Taxes pay for roads and emergency services.

Taxes are often used at the federal, state, and local

levels.

All of the above

Which investment has the least liquidity? property stocks a savings account a 401k

AB Builders, Inc., has 23-year bonds outstanding with a par value of $2,000 and a quoted price of 96.849. The bonds pay interest semiannually and have a yield to maturity of 6.89 percent. What is the coupon rate

If Sharon has a surplus of $4400 per year and chooses to save that surplus for her future, needs, how much wealth will her surplus savings be worth after 25 years if she can earn a 11% rate of return?

When Hester's car breaks down, she asks Insta-Tow, Inc., to tow it to Jerry's Repair Shop. There is no discussion of a price, and Hester and Insta-Tow do not sign any documents. Later, Insta-Tow sends Hester a bill.

Sprinkle Co. sells its product for $20 per unit. During 2013, it produced 60,000 units and sold 50,000 units (there was no beginning inventory). Costs per unit are: direct materials $5, direct labor $3, and variable overhead $1.

A corporation in 2018 expects a gross income of $475,000 , total operating expenses of $350,000 , and capital investments of $25,000. In addition the corporation is able to declare $52,000 of depreciation charges for the year.

LO 7.1Which approach requires management to justify all its expenditures? bottom-up approach zero-based budgeting master budgeting capital allocation budgeting

All of the following are characteristics of an effective design process except a. increasing the design time for new products and services. b. meeting customer requirements in the least costly manner. c.

What type of research is campbell's using to determine which soup consumers will like the best?

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.