Blow-up. jeanie is hauling several containers of gasoline in her vehicle in preparation for riding her personal watercraft. on the way home, jeanie stops at the automatic teller machine at her bank and exits her car. holly pulls behind her and negligently rear-ends jeanie's car. the car explodes and results in the bank building burning to the ground. the bank sues holly for negligence claiming that holly should have to pay for the entire bank building. the bank claimed that it should be able to recover under the res ipsa loquitur doctrine. which of the following is true regarding whether holly is the proximate cause of the bank burning? a. actual causation would exist because the bank would not have been burnt down if holly had fulfilled her duty to drive properly.
b. holly is not the proximate cause of the bank burning because it was not foreseeable that jeanie would have gas in the back of her pick-up truck that would result in such a fire.
c. the bank is incorrect because the issue here is causation, not whether there was a lack of due care.

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

You should do all of the following before a job interview except

Juan's investment portfolio was valued at $125,640 at the beginning of the year. during the year, juan received $603 in interest income and $298 in dividend income. juan also sold shares of stock and realized $1,459 in capital gains. juan's portfolio is valued at $142,608 at the end of the year. all income and realized gains were reinvested. no funds were contributed or withdrawn during the year. what is the amount of income juan must declare this year for income tax purposes?