How many years would it take to pay off the debt
As of october 2009, the united states federal dept was $11,963,668,027,500. If each of the 307,000,000 people in the United States paid an extra $1000 in taxes each year, every year, how many years would it take to pay off this debt?
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At the beginning of the current year, Bonnie and Clyde formed the BC partnership, with each having a 50% interest. Bonnie transferred property with a $50,000 FMV, a $30,000 adjusted basis and subject to a $10,000 liability assumed by BC.
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Is negative cash from operating activities a negative indicator from a company? Why or why not? What about negagitve cash from investing activities?
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