the comparative balance sheet of yellow dog enterprises inc. at december 31, 20y8 and 20y7, is as follows:

The florist who decides to budget five percent of last year's sales for promotional activities is using the percentage-of-sales budgeting technique. The correct answer is percentage-of-sales .

This technique involves allocating a specific percentage of the previous year's sales towards promotional activities. This technique is widely used by small businesses such as florists to help them allocate their budget effectively. However, this technique has its limitations as it does not take into account changes in the market or competition. In addition, this technique assumes that past sales figures are an accurate predictor of future sales, which may not always be the case. Nonetheless, the percentage-of-sales budgeting technique is a simple and easy way for small businesses to create a budget and allocate resources for promotional activities. In conclusion, the florist is using the percentage-of-sales budgeting technique to allocate funds for promotional activities.

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Let's calculate the required values for the new machine:

a. Net Present Value (NPV):

To calculate the NPV, we need to discount the annual cash flows, including the initial investment, at the required rate of return (6%) and then subtract the initial investment.

Year 0:

Initial Investment: -$80,000

Years 1-10:

Annual Contribution Margin: $15,000

Using a financial calculator or spreadsheet, we can calculate the NPV:

[tex]NPV = -$80,000 + (15,000/1.06) + (15,000/1.06^2) + ... + (15,000/1.06^10)[/tex]

b. Payback Period:

The payback period is the time it takes for the cumulative cash flows to equal or exceed the initial investment.

Payback Period = Initial Investment / Annual Cash Flow

Payback Period = $80,000 / $15,000

c. Discounted Payback Period:

Similar to the payback period, but this time we consider discounted cash flows.

Discounted Payback Period = Initial Investment / Discounted Annual Cash Flow

To calculate the discounted cash flows, we discount each annual cash flow using the required rate of return (6%) and then calculate the cumulative discounted cash flows until they equal or exceed the initial investment.

d. Internal Rate of Return (IRR):

To find the IRR, we need to find the discount rate that makes the NPV zero. Since the IRR is not explicitly provided in the question, we'll use the interpolation method to approximate it.

e. Accrual Accounting Rate of Return:

The accrual accounting rate of return is calculated by dividing the average annual net income by the initial investment.

Accrual Accounting Rate of Return = (Average Annual Net Income) / Initial Investment

To calculate the average annual net income, we need to determine the annual depreciation expense, which is the initial investment divided by the life of the machine (10 years).

In addition to the calculations above, Yummy Candy should consider the following factors when deciding whether to purchase the new machine:

Market demand for their products and whether the increased production capacity will be utilized effectively.

Potential competition and market trends that may affect sales and profitability.

Maintenance and repair costs associated with the new machine.

Availability of skilled labor to operate and maintain the additional machine.

Overall financial health and cash flow position of Yummy Candy to handle the investment.

Long-term strategic goals and alignment with the company's growth plans.

Potential technological advancements that may make the new machine obsolete before the end of its useful life.

These factors should be carefully evaluated to make an informed decision about the purchase of the new machine.

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C. The third one, because fourth quarter inventory is so much different from the other quarters and the average, is the most concerning to an auditor.

This is because unusual fluctuations in inventory levels can indicate potential problems with inventory management or accounting practices. For example, if fourth quarter inventory is significantly higher than the other quarters, it could be a sign that the company is overstocking in anticipation of higher demand during the holiday season, which could be wasteful and expensive. Alternatively, if fourth quarter inventory is significantly lower than the other quarters, it could be a sign that the company is not restocking sufficiently, which could lead to stockouts and lost sales.

Overall, the third pattern is the most concerning to an auditor because it highlights potential issues with inventory management and accounting practices that could have a significant impact on the company's financial performance.  

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The new asset should be recorded at the book value of the asset given.

When an asset is exchanged for another asset and no cash is exchanged, the new asset should be recorded at the book value of the asset given, as long as the transaction has commercial substance. The book value of the asset given represents the carrying amount of the asset on the balance sheet of the company, which is based on the historical cost of the asset and any subsequent adjustments for depreciation or impairment. The fair value of the assets may not be determinable in this scenario, but the book value of the asset given is a reliable measure of its value on the company's balance sheet.

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According to the Keynesian model, if the Federal Reserve (Fed) wanted to reduce inflationary pressures, the most appropriate combination of policies it should pursue would be (B) increase the reserve requirement, increase the discount rate, and buy government securities.

Increasing the reserve requirement: By increasing the reserve requirement, the Fed would require banks to hold a higher percentage of their deposits as reserves, limiting the amount of money available for lending and spending. This would help reduce aggregate demand in the economy, curbing inflationary pressures.

Increasing the discount rate: The discount rate is the interest rate at which banks can borrow funds directly from the Federal Reserve. By increasing the discount rate, the cost of borrowing for banks would rise, making it more expensive for them to obtain funds. This would further restrict lending and spending, contributing to the reduction of inflationary pressures.

Buying government securities: When the Fed buys government securities, such as bonds, from the open market, it increases the money supply in the economy. This injection of funds can help stimulate economic activity and increase aggregate demand, counteracting the deflationary effects of the first two policies. By purchasing government securities, the Fed would provide liquidity to the market and potentially offset some of the contractionary impact of the first two policies.

Overall, this combination of policies (increasing the reserve requirement and discount rate while buying government securities) helps to reduce inflationary pressures by limiting lending and spending, but also providing liquidity to counteract excessive contractionary effects.

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The pricing tactic used by the company in this scenario is known as razor and blade pricing. This strategy involves selling a product at a low or even below-cost price, such as the all-in-one inkjet printer, to attract customers.

The company compensates for the low initial price by charging a high price for the complementary or consumable product, which in this case is the ink cartridges. Razor and blade pricing is based on the idea that customers will continue to purchase the complementary product over time, generating recurring revenue and profits for the company. The initial low price of the printer serves as a "razor" to entice customers, while the high-priced ink cartridges act as the "blades" that generate ongoing profitability. This pricing tactic is commonly employed in various industries, such as printers, razors, gaming consoles, and coffee makers. The company relies on customers' ongoing need for the complementary product, ensuring a steady revenue stream and potentially higher profit margins. While the initial purchase may seem like a great deal, customers often find themselves paying significantly more for the consumable product over time.

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Michael requires approximately 1000mg of calcium every day to support his bone health and other physiological functions.

Michael, being 18 years old, falls in the age group where he requires an adequate amount of calcium intake for the growth and development of his bones and teeth. According to the recommended dietary allowance (RDA) for calcium, Michael requires around 1000 milligrams (mg) of calcium every day.

However, the actual requirement may vary depending on several factors such as physical activity levels, medical conditions, and other dietary factors.
Calcium is an essential mineral that plays a crucial role in maintaining the structural integrity and strength of bones and teeth. It also regulates various physiological functions, including muscle contraction, blood clotting, and nerve function. Therefore, it is crucial to ensure an adequate calcium intake through a balanced diet.
Some of the best dietary sources of calcium include dairy products such as milk, cheese, and yogurt, as well as leafy green vegetables, nuts, and seeds. It is also essential to ensure an adequate intake of vitamin D, as it plays a critical role in calcium absorption and utilization.
In conclusion, Michael requires approximately 1000mg of calcium every day to support his bone health and other physiological functions. He can achieve this by consuming a balanced diet rich in calcium and vitamin D. If he faces any difficulties in meeting his calcium requirements through his diet, he may consider calcium supplements after consulting a healthcare professional.

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The formatting suggestion the job candidate should have followed before submitting their résumé is "Reformat for shorter lines."

When printing a résumé, it is essential to ensure that the content is presented in a clear and readable format. If sections are cut off, running together, or spaced unusually, it indicates that the lines are too long for the page width.

To address this issue, the job candidate should reformat the résumé by adjusting the line length to make it shorter. This can be achieved by adjusting the margins, font size, or formatting the text to fit within the page width.

Reformatting for shorter lines allows the text to be easily read and prevents important information from being cut off or obscured. It enhances the overall presentation of the résumé, making it more professional and visually appealing to potential employers or hiring managers.

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A product trade-name franchise is a type of franchise agreement where the franchisor grants the franchisee the right to use its trade name or trademark, along with a prescribed method of operation and supply chain management.

One of the key characteristics of a product trade-name franchise is that the franchisee sells goods or services under the franchisor's brand name. This means that the franchisee is allowed to use the franchisor's established name and logo, which gives the franchisee an instant recognition in the market.

Another characteristic of a product trade-name franchise is that the franchisor provides the franchisee with support in areas such as marketing, advertising, and training. The franchisor also typically provides the franchisee with access to a standardized system of operations, which helps ensure consistency in the quality of the products or services provided by the franchisee.

In exchange for these benefits, the franchisee pays the franchisor an initial fee and ongoing royalties based on sales. In summary, a product trade-name franchise allows a franchisee to operate a business under the franchisor's established brand name and receive support in various areas, while paying fees to the franchisor for the use of the brand and support services.

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The price of a 3-year annual coupon bond with a $1,000 face value and a coupon rate of 4.5% is approximately $1,030.26.

First, we calculate the present value of each cash flow:

Coupon payments:

Year 1: $1,000 (face value) * 4.5% (coupon rate) = $45

Year 2: $1,000 (face value) * 4.5% (coupon rate) = $45

Year 3: $1,000 (face value) * 4.5% (coupon rate) = $45

Discounted cash flows:

Year 1: $45 / (1 + 4.25%) = $43.27

Year 2: $45 / (1 + 5.00%)^2 = $39.46

Year 3: ($45 + $1,000) / (1 + 5.25%)^3 = $947.53

Next, we sum up the present values of the cash flows:

Bond Price = $43.27 + $39.46 + $947.53 = $1,030.26

Therefore, the price of the 3-year annual coupon bond with a $1,000 face value and a coupon rate of 4.5% is approximately $1,030.26.

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June's direct manufacturing labor price variance is $125 unfavorable.

To calculate the direct manufacturing labor price variance, we need to compare the actual cost per hour of direct manufacturing labor with the standard cost per hour. Actual direct manufacturing labor rate: $15.25 per hour. Standard direct manufacturing labor rate: Not provided. Since the standard direct manufacturing labor rate is not given, we cannot determine the exact variance. The question does not provide sufficient information to calculate the direct manufacturing labor price variance accurately. To calculate the variance, we would need the standard direct manufacturing labor rate, which is missing from the given information.

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A bastion host is a highly secured server that acts as a gateway between a private network and the outside world. It is typically placed in a demilitarized zone (DMZ) to provide an additional layer of security for the network. When configuring a new network, an administrator may choose to configure one or more servers as bastion hosts depending on the network's security requirements.

In general, the servers that an administrator would configure as bastion hosts are those that are exposed to the outside world and require access from outside the network. These servers may include web servers, proxy servers, and remote access servers. The following are some examples of servers that an administrator might configure as bastion hosts: 1. Web servers: A web server is a server that hosts websites and web applications. It is typically accessible from the Internet and can be vulnerable to attacks such as SQL injection, cross-site scripting (XSS), and denial of service (Do's) attacks. To protect the web server from these types of attacks, an administrator may configure it as a bastion host.

In summary, an administrator configuring a new network from the ground up would configure web servers, proxy servers, and remote access servers as bastion hosts to provide an additional layer of security for the network.

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The reconciled difference between full and variable costing ending inventory is typically made up of fixed manufacturing overhead costs (option a).

Fixed manufacturing overhead costs are those costs that do not vary with changes in production levels, such as rent, property taxes, and insurance. These costs are not included in the cost of goods sold under variable costing, but are included in full costing. As a result, the ending inventory value under full costing is higher than that under variable costing.

The difference between the two values is referred to as the reconciled difference, which is essentially the fixed overhead costs that were included in full costing but not in variable costing. Direct labor and direct materials are variable costs that are included in both full and variable costing, while variable manufacturing overhead costs vary with changes in production levels and are included in both methods. The correct option is a.

The complete question is:

Which of the following makes up the reconciled difference between full and variable costing ending inventory?

a) Fixed manufacturing overhead

b)Variable manufacturing overhead

c)Direct labor

d)Direct materials

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To lessen the unemployment problem in the U.S. economy with high unemployment and low inflation, the Federal Reserve could lower the federal funds rate, implement quantitative easing, and provide forward guidance to stimulate economic growth and create more job opportunities.

1. Lowering the federal funds rate: The Federal Reserve can lower the interest rate at which banks lend to each other overnight, known as the federal funds rate.

By doing this, they encourage banks to lend more to businesses and consumers, stimulating economic growth and reducing unemployment.

2. Quantitative easing: The Federal Reserve could engage in quantitative easing (QE), which involves buying large amounts of government bonds and other financial assets.

This increases the money supply, lowers interest rates, and stimulates economic growth, ultimately helping to reduce unemployment.

3. Forward guidance: The Federal Reserve can provide forward guidance by communicating its intentions to keep interest rates low for an extended period.

This encourages borrowing, spending, and investing, thereby stimulating the economy and reducing unemployment.

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The offeror is the master of her offer means that the offeror can:

Yes, according to the principle of "the offeror is the master of her offer," the offeror has the power to revoke the offer at any time before it is accepted and to create the terms of acceptance.

This principle recognizes that the offeror is the one who initiates the contract and should have control over its terms until it is accepted by the offeree. So, once the offer is accepted, the contract is formed and the terms become binding on both parties.

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To calculate the weighted average cost of capital (WACC), we need to consider the proportion of debt and equity in the company's capital structure, as well as their respective costs.

Given that the debt-equity ratio is 0.67, it means that for every dollar of equity, the company has $0.67 of debt. This implies that the proportion of equity is 1 / (1 + 0.67) = 0.5985, and the proportion of debt is 0.67 / (1 + 0.67) = 0.4015.

The WACC can be calculated using the formula:

WACC = (Proportion of Equity * Cost of Equity) + (Proportion of Debt * After-tax Cost of Debt)

Substituting the given values:

WACC = (0.5985 * 10.7%) + (0.4015 * 4.3%)

Calculating the WACC:

WACC = 6.42% + 1.72% = 8.14%

Therefore, the weighted average cost of capital for the company is 8.14%.

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An example of an alien insurer doing business in a specific state would be an insurance company that is formed under the laws of a different country or jurisdiction outside of that state.

An example of an alien insurer doing business in a specific state would be an insurance company that is formed under the laws of a different country or jurisdiction outside of that state. For instance, if an insurance company is incorporated and operates under the laws of Canada, the United Kingdom, or any other country, but conducts insurance activities within a particular state in the United States, it would be considered an alien insurer in that state. Alien insurers are subject to regulatory requirements and must comply with the laws and regulations of the state in which they operate to conduct insurance business.

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The option "owning and managing the real estate after sale" is not typically considered a development strategy employed by developers.

Developers primarily focus on acquiring land, securing permits, and overseeing the design and construction of properties. Once the development is completed, developers typically sell or lease the real estate to new owners or tenants. The responsibility for owning and managing the real estate post-sale generally falls upon the new owner or a dedicated property management company.

Therefore, while developers may be involved in the initial stages of development, their role usually concludes with the transfer of ownership or leasing arrangements.

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COSO, which stands for the Committee of Sponsoring Organizations of the Treadway Commission, is a framework for internal control used by many organizations.

According to COSO, any internal deficiencies identified through monitoring should be reported to management. This is because management is responsible for ensuring that the organization's internal controls are effective and operating as intended.

Reporting deficiencies to management allows them to take appropriate action to address the issue and improve the effectiveness of internal controls. It is important to note that reporting deficiencies is not only required by COSO, but it is also a best practice for maintaining strong internal controls and preventing fraud or other financial misstatements.

In summary, any internal deficiencies identified through monitoring should be reported to management as part of an effective internal control system.

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Product costs are usually shown on the income statement under the heading of "Cost of Goods Sold" (COGS). COGS represents the direct expenses incurred in producing or acquiring the goods that are sold by a business. These costs include the cost of materials, labor, and manufacturing overhead. In order to calculate the gross profit of a business, COGS is subtracted from the total revenue earned from the sale of goods.

By separating out the costs associated with producing the goods sold, businesses are able to determine the profitability of their products and make informed decisions about pricing and production. COGS is an important metric for investors and analysts as it can help provide insights into a company's efficiency and profitability.

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Miley Co. should report $100,000 as research and development expenses in its income statement for the year.

Research and development expenses are recognized when the costs are incurred and are expensed in the period they are recognized. In this case, both projects are laboratory research aimed at discovering new knowledge. For project i with a cost of $100,000 and a likelihood that effort will result in future benefits (probable), the expenses of $100,000 should be recognized in the income statement. For project ii with a cost of $50,000 and a likelihood that effort will result in future benefits (reasonably possible), these expenses would not be recognized as research and development expenses unless it meets the criteria for capitalization under applicable accounting standards.

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False, Research has shown that traditional techniques of earning commitment, such as standing-room-only close and fear close, are not considered professional by most buyers.

Buyers prefer to work with salespeople who are authentic, build relationships, and provide value rather than using manipulative tactics to close the deal. In fact, using such techniques can damage the salesperson's reputation and make buyers less likely to do business with them in the future.

These traditional techniques, like standing-room-only close and fear close, are often seen as manipulative and can damage trust between the seller and buyer. Modern sales approaches emphasize building relationships and understanding the needs of the buyer, which is considered more professional.

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Innovations are not one of the four key forms of intellectual property protection. The correct answer is option A) Innovations.

The four key forms of intellectual property protection are copyrights, trademarks, trade secrets, and patents.Copyrights protect original works of authorship such as literary, artistic, and musical creations. Trademarks protect distinctive signs, symbols, or words used to identify and distinguish goods or services. Trade secrets protect confidential and valuable business information. Patents protect inventions and grant exclusive rights to the inventor.

Option A) Innovations does not represent a distinct form of intellectual property protection but rather refers to the act or process of introducing new ideas or methods.

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Avoid, control, transfer, or retain are the four alternative techniques of risk management.

Avoiding the risk means completely eliminating the activity that causes the risk. Controlling the risk means reducing the likelihood and impact of the risk. Transferring the risk means shifting the risk to another party, such as an insurance company. Retaining the risk means accepting the risk and dealing with the consequences if it occurs. These four techniques are commonly used in risk management to minimize potential harm and loss.

"These techniques are used in risk management to address various types of risks, such as financial, operational, or strategic, by either preventing, mitigating, sharing, or accepting the potential consequences of those risks."

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A business may view its rivals as all other businesses vying for consumer spending. This statement is true.

In a market economy, businesses operate within a competitive environment where multiple firms vie for the attention and spending of consumers. These competitors may offer similar products or services, target the same customer base, and compete for market share and profitability.

To gain a competitive advantage, companies must understand their position within the broader marketplace and identify key rivals. By recognizing and analyzing their competition, businesses can make informed decisions and develop effective strategies to differentiate themselves and attract customers.

Competition can arise from both direct and indirect sources. Direct competitors are those who offer similar products or services to the same target market, making them the most obvious rivals. Indirect competitors may offer alternative solutions or substitute products that address similar consumer needs or desires.

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All of the given options can be effective at capturing a reader's attention, except option A. Use as little white space as possible.

White space refers to the empty or blank areas on a page that does not have any content. White space is essential as it helps to give a clean and uncluttered look to the design, making it easier for the reader to navigate and absorb information.

Using a question as a headline (Option B) can be effective as it intrigues the reader and encourages them to read further to find the answer. It also creates a sense of curiosity and urgency, prompting the reader to engage with the content. Using available color (Option C) can help make the headline stand out and grab the reader's attention. Bright and bold colors can be eye-catching and help to highlight the most important information.

Making the headline bold and in all caps (Option D) can be effective as it makes the headline more visible and easier to read. It also gives the impression of confidence and authority, suggesting that the content is important and worthy of attention.

In conclusion, using white space sparingly (Option A) is not effective at capturing a reader's attention. However, using a question as a headline, using available color, and making the headline bold and in all caps are all effective ways to grab a reader's attention and encourage them to engage with the content. Therefore, the correct option is A.

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This theory suggests that behavior is shaped by its consequences, and that positive consequences will reinforce and increase desired behavior, while negative consequences will punish and decrease undesired behavior. The answer is option (a). Reinforcement theory.

The theory that places an emphasis on behavior and its consequences is a. Reinforcement theory. Reinforcement theory, also known as operant conditioning theory, focuses on how behavior is influenced by its consequences. According to this theory, behavior that is reinforced (rewarded) is more likely to be repeated, while behavior that is punished or not reinforced is less likely to be repeated. Reinforcement can be positive (adding a desirable stimulus) or negative (removing an aversive stimulus). This theory is often associated with the work of B.F. Skinner and is widely used in the field of psychology to explain and modify behavior.

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Enterprise software is likely to perform functions such as word processing, web conferencing, and customer relationship management.

Enterprise software is designed to support various business functions and streamline organizational processes. One of the functions it can perform is word processing, which allows users to create, edit, and format documents. This functionality is essential for generating reports, writing memos, or drafting other business-related documents. Web conferencing is another function that enterprise software can provide. It enables users to conduct virtual meetings, presentations, and collaboration sessions with participants located in different geographical locations.

Web conferencing tools typically offer features like video conferencing, screen sharing, and file sharing, facilitating effective communication and collaboration among team members. Customer Relationship Management (CRM) is another important function performed by enterprise software. CRM software helps organizations manage their interactions and relationships with customers.

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The function most likely to be performed by enterprise software is Option E. Customer Relationship Management (CRM).

Enterprise software is designed to meet the needs of organizations rather than individual users, and CRM is a crucial tool for managing interactions with customers, streamlining processes, and improving profitability.

CRM software enables businesses to collect, analyze, and manage customer data, helping them better understand customer needs, preferences, and behaviors. By consolidating customer information into a centralized system, enterprise software like CRM allows businesses to improve communication with customers, increase customer satisfaction, and drive sales growth.

In contrast, options A (Making presentations), B (Word processing), C (Web conferencing calls), and D (Internet browsing) are more focused on individual user productivity and communication. These functions are typically performed by office suite software and web browsers, rather than specialized enterprise software.

In summary, Customer Relationship Management (option E) is the function most likely to be performed by enterprise software, as it addresses the specific needs of organizations to manage and analyze customer data, enhancing their ability to serve their customers effectively and efficiently. Therefore, the correct option is E.

The question was incomplete, Find the full content below:

Which of the following functions is likely to be performed by enterprise software?

A. Making presentations

B. Word processing

C. Web conferencing call

D. Internet browsing

E. Customer Relationship Management

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The U.S. government has jurisdiction to tax Mrs. King. This means that even though she permanently resides in South Africa, the U.S. government still has jurisdiction to tax her. The correct option is b.

As a U.S. citizen, Mrs. King is subject to U.S. taxation on her worldwide income, regardless of where she resides. However, she may be able to claim foreign tax credits for taxes paid to South Africa on the same income to avoid double taxation.

Additionally, Mrs. King may be required to file annual reports to the U.S. government, such as the FBAR (Foreign Bank Account Report) and FATCA (Foreign Account Tax Compliance Act) reporting requirements. It is important for U.S. citizens living abroad to be aware of their tax obligations to avoid penalties and potential legal issues. It is recommended to seek professional advice from a tax expert with experience in international tax laws.

Mrs. King may be eligible for certain tax credits, exclusions, or deductions to reduce her U.S. tax liability based on foreign income taxes paid and other factors.

Thus, The correct option is b.

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To determine the amount of marketable securities, we need to calculate the total assets and then subtract the known components from the balance sheet.

Total Assets = Cash + Accounts Receivable + Prepaid Expenses + Marketable Securities + Other Assets

From the given information:

Cash = $10,000

Accounts Receivable = $2,000

Prepaid Expenses = $1,000

Accounts Payable = $2,000

Salaries Payable = $1,000

Current Unrestricted Net Assets = $12,000

We can calculate the total assets as follows:

Total Assets = $10,000 + $2,000 + $1,000 + Marketable Securities + Other Assets

We have the information for all components except marketable securities and other assets. However, since the question does not provide any information about other assets, we cannot determine its value.

Therefore, to calculate the amount of marketable securities, we need more information or clarification regarding the value of other assets.

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