Hawley corporation issues one-year limited warranties with all of their products. based on their past history with warranties, they report a potential liability of 8% of their cost of goods sold on their financial statements. this is an example of reporting a(n):
i think the answer is requiring all morgages to be more affordable, interest-only loans
the answer would be b. hope it ! : d
the answer is: no, if this income is not likely to be reported to the government
if the income from the purchase is reported in taxes, the government could count it as a part of total consumption that occurs anually.
but since the construction for the fence is considered as 'odd jobs' , the payment would most likely being made 'under the table' (without any proof of records). this make the payment become ineligible for tax payment.