1. Which is not a source of federal revenue?

a) Employment Taxes   b) Estate

and Gift Taxesc) Sales Tax
d) Income taxes on Individuals

2)

What type of deductions is directly deducted from Gross Income?(Points : 6)

a) Above the line deductions
b) Tax exempt incomec) Tax Credits     d) Itemized Deductions

 

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How do you analyze the current liabilities. What ratios you use in the analysis.  Access a publicly traded

company and analyze its current liabilities.

 

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