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Author Question: The tax effect on the sale of the existing asset results in ________. (See Table 11.3) A) 800 tax ... (Read 81 times)

littleanan

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The tax effect on the sale of the existing asset results in ________. (See Table 11.3)
 
  A) 800 tax benefit
  B) 1,000 tax liability
  C) 1,100 tax liability
  D) 6,000 tax liability

Question 2

If Dana Dairy Products has credit terms which specify that accounts receivable should be paid in 25 days, the average collection period ________ since 2012. (See Table 3.2)
 
  A) has deteriorated
  B) has remained the same
  C) has improved
  D) cannot be determined



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BUTTHOL369

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Answer to Question 1

C

Answer to Question 2

A




littleanan

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Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review


jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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