Chapter1 HW FT - 38- I do agree with his decision because I...

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Khaled Hamoud Chapter 1 Homework 10, 12, 16, 20, 25, 38, 42, 44, 48, and 53 10- a- the proposal might give them a discounted tax so they could win the industry and urge them to build it there. b- I think the school is opposed because they don’t want a manufacture to be built near a school. 12- 16- I Believe she did avoid it, because the car is Montana property and when she buy it from there she won’t be taxed for it, and after that she can drive it anywhere she wants. 20- I think it depends on the value of Jake’s estate. 25- I still think he will be paying state taxes because it is still a salary
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Unformatted text preview: 38- I do agree with his decision because I believe that once you have been audited then you don’t have any other choice but to do one of the 2 (pay or resort to the court) 42- A- I think he should include it because he will be audited for everything he owes (I think). B- No C- No 44- A- I believe he would be facing a penalty, which is an amount, he has to pay. B- it is more serious and he will be facing a legal problem, I am not sure but he might get jail time. 48- 53-...
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This note was uploaded on 12/01/2011 for the course ACCOUNTING 307 taught by Professor Dorodn during the Spring '11 term at Southern Virginia.

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