The following claims about adjusting entries are accurate. Adjusting entries do not involve the cash account.
No monetary account is used for adjusting entries. On the final day of the accounting period, adjusting entries are often entered. These entries cash account show the matching of income and expenses from the operating period in Adjusting entries general.
According to the matching principle in accounting, adjustments must be made at the conclusion of each fiscal period to bring revenues and Adjusting entries expenses into alignment with the "correct" period. Generally speaking, accruals and deferrals are the two sorts of adjusting cash account journal entries. Prior to the publication of financial statements, adjusting entries are recorded.
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The text details how five guys identified that their target market values taste, freshness, and quality and are willing to pay a premium price for a gourmet hamburger experience. How did market segmentation help five guys in this example?.
The market segmentation help five guys in this example help them to be able to be able to have the better understanding of their customer's needs as well as wants .
What is market segmentation?Market segmentation can be described as the act of putting the market in a subset so that market the market can be be analysed with the effect of demographics as well as common interests, so that it can help to understand the target audience.
It should be noted that the Segmentation allow the marketers so they can utilize their time, money and other resource and to have the efficient way to know more about their customers.
In conclusion, the segmentation serves as the medium to know the product that their customer actually want so that they can make it or adjust and as a result of this they can have the loyalty of their customer and serve them better.
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the use of debt in the firm's capital structure will increase roe if the firm:
The use of debt in the firm's capital structure increases return on equity (ROE) if the firm earns higher returns as compared to the rates paid on debt. Thus the correct option is (c) i.e. ‘earns higher returns than the rates paid on debt.’
Debt is a way through which companies can raise money in the capital markets. Because of its advantages like tax-deductible, retaining ownership, and increasing return on equity, companies benefit from debt.
Debt increases return on equity in situations when the company earns higher profit than the interest rate it pays on debt. Ultimately, the increase in return on equity means that the company is efficient at converting its equity financing into profits.
While the other options are incorrect because:
None of them increases return on equity with a use of debt in a firm’s capital structure.
'The complete question is:
The use of debt in the firm's capital structure will increase roe if the firm:
a. has more debt than equity.
b. pays less in taxes than in interest.
c. earns a higher return than the rate paid on debt.
d. has a times interest earned ratio greater than 1.0.'
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dollar general corporation operates general merchandise stores that feature quality merchandise at low prices to meet the needs of middle-, low-, and fixed-income families in southern, eastern, and midwestern states. for the year ended february 1, 2019, the company reported average inventory of $$3,850 (in millions) and an inventory turnover of 4.63. average total fixed assets were $2,836 (million) and the fixed asset turnover ratio was 9.04.
Answer:
Hello. So then going to answer your question about but it's the profit and the opportunity cost about an employee that decided to start their own company For doing so first I just set all the values that you get in the problem. So the revenue of the company's 125 million. The Labour or the expansion labor they have to put is 600,000 In capital is 150,000 and the material is 200,000. Then the woman in the previous work get a wage of 250,000. And she also got some mistakes that give her one million for annual in terms of the prophet. So the prophet make this income and then you have to subscribe all the expenses of the company got through. In this case the labor, the capital and the materials. This will give a profit at the end of 550,000. And this will be a Contin profit. That is your first question then the opportunity cost is important to understand the economic profit. That will be the second situation that the worker will have or in this case here with that and will be the combined results of her income of them from the wage and the stocks. Because you know her way in her case, she would obtain these two elements. So for him which was 250,000 Um for the sexual one million. So this will be her total income to the economic economic profit. So let me change the so it's more clear. So the economic profit will be the difference in this case will be negative. So it's not so much about the magnitude but in this case is negative because it would be 4000 to 50,000. That was a profit that she was making my nose. The income that you're making within your company. And this will be negative. So means that at the end she will be better than unemployed that's having their own company. And this is the main commotion that should get. So the economic profit. This is a quick summary. The economic profit is the difference between the opportunity cost and the situation that you choose. So this is the opportunity cost and this is the company situation or the actual situation opportunity. Cause we calculated with the values of the other second situation in this case. Working have encouraged talks the accounting profit is just the income and then you subtract all the expenses in your case, the income with this and then you subscribed the capital, labor and materials. And then that's how you get the conclusion. So I hope the explanation was clear. Thank you very much for your time
Explanation:
Two lines are perpendicular to one another when the product of their slopes is equal to.
Two lines are perpendicular to one another when the product of their slopes is equal to non-vertical traces are perpendicular if and handiest if the fabricated from their slopes is -1. In different words, the slopes of perpendicular traces are bad reciprocals of every different.
If traces have the equal slope, then the traces are nonvertical parallel traces. If traces are perpendicular and neither one is vertical, then one of the traces has a superb slope, and the opposite has a bad slope. Also, absolutely the values in their slopes are reciprocals. These traces are perpendicular since their slopes are bad reciprocals. If you multiply a slope instance its bad reciprocal, the end result is always -1.
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Which statement(s) below is(are) correct regarding the purpose of taking a physical inventory count? (Check all that apply.)
a. The physical count is used to determine if management needs to reassign sales responsibilities.
b. The physical count is used to determine if customers are paying within the discount period.
c. The physical count is used to adjust the Inventory account balance to the actual inventory available.
d. The physical count is used to determine if there has been any theft, loss, damage or errors in inventory.
The physical count is used to adjust the Inventory account balance to the actual inventory available, to determine if there has been any theft, loss, damage or errors in inventory.
The physical count is used to compare the Inventory account balance to the actual inventory available in order to determine if there has been any inventory theft, loss, damage, or errors. A physical inventory count is the process of manually counting the stock you keep in-store, from the sales floor to the back store, comparing the inventory levels you count to the inventory levels recorded in your POS system, and reconciling any discrepancies. Physical inventory employs a regular schedule to manually count and record items as well as keep track of the cost of what is purchased and sold.
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which condition could break the bridge between savers and borrowers?
Insecure property rights condition could break the bridge between savers and borrowers.
English author Mary Norton's fantasy book for kids, The Borrowers, was released by Dent in 1952. The Borrowers also refers to the five-book series, which includes The Borrowers and four follow-up books that follow the same family after they move out of "their" home.
With the help of regional nonprofit organizations, Savers partners to buy donated goods and resell them. Regardless of whether the donated goods ever reach the sales floor, Savers compensates the non-profits for the things at a bulk cost that they collect and distribute. Additionally, Savers offers a recycling program that aims to recycle any reusable things that are unable to be sold in its stores.
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An appraiser should make adjustments to compensate for inflationary or deflationary trends when using a comparable that sold in a market with:
An appraiser should make adjustments to compensate for inflationary or deflationary trends when using a comparable that sold in a market with more than several months in the past.
How do you say the past month?You could just say, "The past two months", because that would refer to the two months that have already passed, which would be March and February. You could also say, "Last month and the one before that". "Last month" would refer to March, and "the one before that," would refer to February.
Is it last few months or past few months?The past 3 months is the past three months' time period, whereas the last 3 months would be the last three calendar months, unless this month is nearly over.
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the following information concerns production in the baking department for march. all direct materials are placed in process at the beginning of production.account work in process—baking departmentaccount no.dateitemdebitcreditbalancedebitcreditmar.1bal., 18,000 units, 1⁄4 completed 14,760
1. The direct materials cost per equivalent unit is $0.75.
2. The conversion cost per equivalent unit is $0.30.
3. The cost of the beginning work in process completed during March is $14,760.
4. The cost of units started and completed during March is $352,300.
5. The cost of the ending work in process is $20,880.
What are equivalent units of production?Equivalent units of production are the relative units assumed to be completed based on the percentage or fraction of completion.
Equivalent Units of Production:Materials Conversion
Finished units 330,000 330,000 330,000 (100%)
Ending units 24,000 24,000 9,600 (2/5) or 40%
Total equivalent units 354,000 339,600
Cost of production to be accounted for:Materials Conversion Total
Beginning units $14,760 $14,760
Cost during the period 252,000 $100,530 352,300
Total production costs $266,760 $100,530 $367,290
Cost per equivalent unit:Materials Conversion
Total production costs $266,760 $100,530 $367,290
Total equivalent units 354,000 339,600
Cost per equivalent unit $0.75 $0.30 ($100,530/339,600)
Cost Allocated to:Materials Conversion
Finished goods $247,500 $99,000 $346,500
Ending units $18,000 2,880 $20,880
Total cost accounted $265,500 $101,880 $367,380
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Question Completion:Date Item Debit Credit Balance
Debit Credit
Mar. 1 Bal., 18,000 units, 1⁄4 completed $14,760
31 Direct materials, 336,000 units $252,000 266,760
31 Direct labor 40,000 306,760
31 Factory overhead 60,530 367,290
31 Goods finished, 330,000 units 346,410 20,880
31 Bal. ? units, 2⁄5 completed 20,880
a. Based on the above data, determine each cost listed below. Round "cost per equivalent unit" answers to the nearest cent.
1. Direct materials cost per equivalent unit. $
2. Conversion cost per equivalent unit. $
3. Cost of the beginning work in the process completed during March. $
4. Cost of units started and completed during March. $
5. Cost of the ending work in process.
What is it called when a person continues to get more education to keep skills up-to-date, even after becoming employed?.
When a person continues to get more education to keep skills up-to-date even after becoming employed is called Professional development.
Professional organizations sometimes called professional associations or trade associations exist to promote a particular profession support the interests of those who work in that profession and serve the common good. Certified Nursing Assistants have job-specific duties determined by their employment status. Otherwise, LPNs must pass state-mandated exams to obtain a license to work.
Skills up-to-date only require one certification to practice. Licensing refers to the process of securing the authority to practice medicine within a state. Accreditation refers to the process of validating a provider's licenses training insurance, and other information to ensure that it meets the standards of practice required by a hospital or medical facility. A credential is an officially documented credibility that proves an individual's qualifications or competence in a particular skill.
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Consider the capm. The risk-free rate is 6%, and the expected return on the market is 18%. What is the expected return on a stock with a beta of 1. 3?.
21.6% is the expected return on a stock with a beta of 1. 3.
A theoretically reasonable required rate of return on an asset is determined using the CAPM, a model used in finance. The amount of profit or loss an investor might expect to experience as a result of an investment is known as the "Expected return."
When calculating an expected return, potential outcomes are multiplied by the likelihood that they will occur before being added together. Here, we have to find the expected return of stock which can be calculated as,
E([tex]R_{a}[/tex]) = [tex]R_{f}[/tex] [tex]+\beta (R_{m} -R_{f})[/tex]
Here E([tex]R_{a}[/tex]) is the expected return of stock which we have to find.
[tex]R_{f}[/tex] is the Risk-free rate,
[tex]R_{f}[/tex] = 6%
The expected return on the market is given by [tex]R_{m}[/tex],
[tex]R_{m}[/tex] = 18%
[tex]\beta[/tex] is the Beta value of the stock,
[tex]\beta[/tex] = 1.3
For calculating the expected return of the stock, put the values in the above formula. Therefore,
E([tex]R_{a}[/tex]) = 6% + [18% - 6%](1.3)
=6% + ( 12%) (1.3)
=21.6
So, with a beta of 1.3, the stock's expected return is calculated as 21.6%.
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fill in the blank: in order to set clear meeting expectations, help attendees prepare, keep everyone focused on the right topics, and clarify meeting expectations and goals, your meeting should have a(n) .
In order to set clear meeting expectations, help attendees prepare, keep everyone focused on the right topics, and clarify meeting expectations and goals, your meeting should have an agenda.
An agenda can assist you and your coworkers in planning a meeting and directing the discussion on the topics at hand. By laying out a concise list of topics, goals and time constraints, an agenda will likely conserve time for all meeting participants. Some important benefits of using an agenda are:
Reduces Wastage of Time and Resources: When an agenda is set, everyone can focus on the issues at hand. The agenda for the meeting is written down and distributed to attendees. Additionally, it enables them to raise pertinent topics.Lets others prepare: It's polite to other attendees you may have invited if you have an agenda. Additionally, it can aid invited speakers in planning their talk's topic and timing.Keeps You on Track: Having the discussion items in front of you to refer to makes it much simpler to stay focused.Assures Coverage of Important Topics: An agenda reduces the amount of meetings that everyone attends.To learn about action plan see:
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what is the major product in the monochlorination of pentane? rev: 09 21 2021 qc cs-278495 multiple choice a b c d
The major product in the monochlorination of pentane, the correct option is C.
What is pentane?
The organic compound pentane has the chemical formula C5H12, which designates it as an alkane with five carbon atoms. However, in IUPAC nomenclature, pentane only refers to the n-pentane isomer; other two are known as isopentane (methylbutane) and neopentane. The term can refer to any of the three structural isomers or a mixture of them (dimethylpropane). Because cyclopentane only has 10 hydrogen atoms while pentane has 12, cyclopentane is not a isomer of pentane. Pentanes are found in some fuels and are used in laboratories as specialised solvents. They share many characteristics with butanes and hexanes.
Because free radicals are involved in the process of chlorination and their order of stability is
Tirtiary>secondary>primary
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Which of the following are most likely to face joint demand? a. Jewelry b. Apples c. Tables d. Engine oil for cars e. Athletic shoes. d. Engine oil for cars.
Among the available choices Engine oil for cars are most likely to face joint demand.
Joint demand occurs when two products are required because they complement one another to benefit the consumer. When two goods are in joint demand, their cross elasticity of demand will be both high and negative. In other words, a decrease in ink costs may result in a rise in printer demand.
This practice is really anti-competitive demand will increase as printer prices decline but will also result in a rise in the demand for ink, which is a shared demand. This is sometimes referred to as "complementary demand," such as Mobile phone and Charger go well together, thus they are frequently purchased as a pair.
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in the online material on economics in a refugee camp the money the refugees received from relatives was a good example of ..
In the online material on economics in a refugee camp, the money the refugees received from relatives was a good example of generalized reciprocity.
The phenomenon known as generalized reciprocity occurs when people treat others in the same manner as they have been treated in the past. It is yet unknown if intention information influences generalized reciprocal behavior in addition to behavioral outcomes.
Generalized reciprocity is the practice of giving without anticipating a prompt reward. For instance, if you buy your friend a cup of coffee when you are out shopping, you might anticipate that he will buy you one at a later date.
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What are the goals that we want to accomplish when determining how much work each resource is capable of doing?
The goal determining how much work each resource is capable of doing is to evaluate the actual flow rate through the process and determine the maximum flow rate.
Organizing, budgeting, and distributing people, funds, and equipment to a project are all examples of resource management. In essence, it involves allocating resources to maximize organisational value.When resources are managed effectively, the appropriate resources are made accessible at the appropriate time for the appropriate work. Proper resource management helps in efficiency of working of an organization.
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What stacked column chart?
A stacked chart is a type of bar graph that displays the composition and contrast of a few variables across time, either relative or absolute. These charts, which are also known as stacked bar or column diagrams.
Stacked chart is a bar graph that displays the composition and contrast of a few variables across time, either relative or absolute. These charts, which are also known as stacked bar or column diagrams, have the appearance of several columns or bars layered on top of one another. When utilized properly, stacked charts are a very powerful comparison tool. They are made to compare overall values across many categories.
A small number of applications exist for stacked charts. There are just a handful of situations when they are suitable because to their constraints, but when these conditions are satisfied, they can be an effective tool and presentation style.
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dennis was involved in an accident. he believes the damage to his auto is $7,000. his insurer believes the damage is only $3,500. which auto policy provision is designed to handle disputes between the insurer and the insured over the amount of the loss?
Auto policy provision is designed to handle disputes between the insurer and the insured over the amount of the loss Appraisal provision.
What is policy?
A deliberate set of rules designed to direct behaviour and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a procedure as well as protocol. Typically, a governance body inside an organisation adopts policies. Both subjective as well as objective decision-making can benefit from policies. Policies in use in subjective decision-making typically assist senior management with choices that must be based on the comparative merits of a number of factors, as a result, are frequently challenging to test objectively. An example of a policy used in this manner is the work-life balance policy. In addition, governments and other institutions have policies inside the form of laws, rules, guidelines, administrative procedures, rewards, and voluntary practises. Resources are frequently distributed in accordance with policy choices.
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to get a comprehensive look at your competition, you should consider firms that
To get a comprehensive look at your competition, you should consider firms that provide a product that satisfies the same specific need as yours does
To get a comprehensive look at your competition is called competitive analysis. A competitive analysis is a technique that entails investigating the main rivals to learn more about their goods, sales, and marketing strategies. A competitive market analysis has many advantages, including the ability to implement stronger corporate strategies, fend off rivals, and gain market share.
You can find potential possibilities to outperform your competitors by doing a competitive analysis to better understand how your company operates. Additionally, it enables you to keep up with market developments and make sure your product constantly complies with – and surpasses — industry requirements.
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walter’s dividend is expected to grow at a constant growth rate of 6.00% per year. what do you expect to happen to walter’s expected dividend yield in the future?
The expected happenings to Walter's expected dividend yield in the future are that it will stay the same. Option C
This is further explained below.
What is a dividend?Generally, A company will often distribute a portion of its earnings to its shareholders in the form of a dividend.
When a company generates a profit or surplus, it has the ability to distribute a part of that profit to its shareholders in the form of a dividend payment.
Any sum that is not dispersed is put back into the company as an additional investment.
In conclusion, A dividend is distributed on a per-share basis; hence, if you hold 30 shares of a corporation that distributes cash dividends of $2 per year, you will earn a total of $60 each year.
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CQ is attached below
suppose a case management program is established to reduce rehospitalization rates in a hospital and that those rates drop dramatically once the new program is established. we can conclude that
Despite that the program is established to reduce rehospitalization rates but rather, the rates drop dramatically once the new program is established, hence, we can conclude that another event occurring during the time of the study might explain away the change.
What is a Case Management program?In medical sector, a case management refers to a health care process in which a typical professional helps a patient or client develop a plan that coordinates & integrates the support services that the client needs which allows to optimize the healthcare and psycho-social possible goals and outcomes.
However, when we adopted the program, but an adverse outcome is achieved, therefore, another event occurring during the time of the study might explain away the change.
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marco company shows the following costs for three jobs worked on in april. job 306 job 307 job 308 balances on march 31 direct materials used (in march) $ 32,000 $ 38,000 direct labor used (in march) 22,000 18,000 overhead applied (march) 11,000 9,000 costs during april direct materials used 134,000 205,000 $ 120,000 direct labor used 104,000 154,000 104,000 overhead applied ? ? ? status on april 30 finished (sold) finished (unsold) in process additional information raw materials inventory has a march 31 balance of $86,000. raw materials purchases in april are $530,000, and total factory payroll cost in april is $387,000. actual overhead costs incurred in april are indirect materials, $50,000; indirect labor, $25,000; factory rent, $31,000; factory utilities, $20,000; and factory equipment depreciation, $51,000. predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $695,000 cash in april.
Marco's company shows the following costs for three jobs worked on in April. job 306 307 308 April Total inventories 923000
Direct labor cost 100000 154000 102000 356000
Predetermined overhead rate 0.50 0.50 0.50 0.50
Overhead applied 50000 77000 51000 178000
2.
Job 306 Job 307 Job 308 April Total
March
Direct Materials 25000 36000 61000
Direct Labor 21000 18000 39000
Overhead applied 10500 9000 19500
Work in process, beginning 56500 63000 119500
April
Direct Materials 131000 200000 115000 446000
Direct Labor 100000 154000 102000 356000
Overhead applied 50000 77000 51000 178000
Costs added in April 281000 431000 268000 980000
Total costs 337500 494000 268000 1099500
Status on April 30 Finished (sold) Finished (unsold) In the process
April 30 cost included in Cost of goods sold Finished goods inventory Work in process inventory
4.
MARCO COMPANY
Schedule of Cost of Goods Manufactured
For the Month Ending April 30
Direct materials used 446000
Direct labor used 356000
Overhead applied 178000
Total manufacturing costs 980000
Add: Beginning work in process inventory 119500
The total cost of work in process 1099500
Less: Ending work in process inventory 268000
Cost of goods manufactured $ 831500
5a. Actual overhead costs incurred = $54000 + 23000 + 34000 + 20000 + 54000 = $185000
Overhead applied = $178000
Under-applied overhead = $185000 - $178000 = $7000
Adjusted cost of goods sold = $337500 + $7000 = $344500
Gross profit = Sales - Adjusted cost of goods sold = $680000 - $344500 = $335500
5b.
Inventories
Raw materials (81000 + 580000 - 446000 - 54000) 161000
Work in process (Job 308) 268000
Finished goods (Job 307) 494000
Total inventories 923000
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“Well, we ran your credit history. You’ve got a really thin file -- just a year’s worth of student loan payments. The deal you saw was for ‘well qualified buyers.’ The best deal we can offer you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on credit history, so you don’t qualify for $500. That said, you’re excited about a Volkswagen, and I want to see you driving one, so I can do $400 for you!”
Molly still has a $2500 down payment. How much loan does Molly need?
How much will Molly’s monthly payment be using the Bankrate calculator?
How much total interest will Molly pay using this plan?
When Molly adds all her payments, how much will the car cost her?
Answer:
$25495
Explanation:
some economists argue that the recent relatively high rate of unemployment has resulted in part from the fact that a part of the workforce has not made the adjustment to new technologies.
a. true
b. false
True, Some economists contend that a portion of the workforce has not adjusted to new technologies, which has contributed to the recent unusually high unemployment rate.
Organizations are now operating in a world that prioritises digital technology. The labours who have been working with their muscle power are being asked to move and operate on machineries which is similar to a nightmare for them. Technology's influence is growing day by day, yet with that growth comes both positive and negative aspects.
The ignorant will be affected, for instance, if they are unemployed and hence have no source of income. As technology advances, it diminishes the importance of manual labour, which results in many individuals losing their jobs because they lack computer literacy.
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What is the definition of business revenue?
O Money collected through product sales
O Money a firm must pay for production
O Taxes a firm must pay to the government
O Taxes collected by the government
Answer:
A. Money collected through product sales.
Explanation: Took the test
what is the primary goal in optimization? group of answer choices none of these are correct find the values of the decision variables that use all available resources find the values of the decision variables that use some of the available resources find the best decision variables values that satisfy all constraints
the primary goal in optimization is to find the best decision variables values that satisfy all constraints
Making something (such as a design, system, or judgment) as completely flawless, functional, or effective as possible specifically: the mathematical techniques required for this, like determining the maximum of a function.
The goal of optimization is to provide the "optimal" design in relation to a list of constraints or priorities. These include maximizing elements like output, fortitude, dependability, endurance, effectiveness, and usage.
Finding variable values that minimize or maximize the objective function while satisfying the constraints is the fundamental aim of the optimization process. An ideal solution is an outcome in question. The goal of optimization is to provide the "optimal" design in relation to a list of constraints or priorities. These include maximizing elements like output, durability, dependability, longevity, effectiveness, and usage.
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In a demand paging scheme, the first-in first-out (fifo) page replacement policy chooses the page least recently accessed to be swapped out.
a. True
b. False
False, because the first-in first-out (fifo) page replacement policy does not select the most recently accessed page to swap.
FIFO aka First in First Out is a product management method for selling the first goods in as the first goods out.
For example, you sell cooking oil. You get shipments from distributors on the 11th and 21st. If you apply the FIFO method, if on the 22nd there are still products left from the 11th and new products arrive on the 11th, then you will still sell first the products that arrived on the 11th.
The FIFO method is widely applied to products that have a short expiration date. But not limited to that, FIFO is also widely applied if the business owner wants to produce a low Cost of Goods Sold (COGS) so as to generate a high gross profit. Therefore, this method is also very suitable if applied during periods of inflation or rising prices in general.
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Which of the following is not a factor that determines whether a taxpayer is required to file a tax return?
a. Filing status.
b. Taxpayer's gross income.
c. Taxpayer's employment.
d. Taxpayer's age.
e. None of the choices are correct.
Taxpayer's employment is not a factor that determines whether a taxpayer is required to file a tax return. The correct answer is option(c).
An entity that must pay taxes is known as a taxpayer. Today's taxpayers can have an identifying or reference number that a government has given to individuals or businesses. In general, a person who pays taxes is referred to as a "taxpayer".
The completion of a tax return is the documentation that determines the amount of revenue made by an entity or individual and the taxes that must be paid to the government or government entities, or, perhaps, back to the taxpayer. Deductions, credits, exclusions, and shelters are common tax advantages. Any eligible above-the-line deductions may be combined with standard or itemized deductions.
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Which of the following statements regarding tax return extensions are correct?
a. Partnerships extensions are granted for up to four months only. "C" Corporations are not granted automatic tax return extensions.
b. A six-month extension allows a taxpayer to pay the tax due up to six months after the original due date.
c. A six-month extension allows a taxpayer to file a return up to six months after the original due date.
d. "S" Corporations may request an automatic six month extension to file.
Regarding tax return extensions, a taxpayer may file a return up to six months beyond the first deadline by requesting a six-month extension.
An exemption that will be made available to either individual taxpayers or corporations that are unable to submit a tax return to the IRS by the deadline is known as a filing extension. Filing federal agency form 7004 will lengthen most business tax returns.
With a six-month extension, a taxpayer may submit their return up to six months beyond the first deadline. S Corporations have the option to exemption request an automatic six-month filing extension.
A taxpayer is a person or a company that must pay taxes to the federal, state, or municipal governments. Governments mostly derive their income tax return from taxes on both citizens and businesses. Individual taxpayers must typically file and pay both federal and state tax returns exemption each year in the US. While companies must also submit yearly returns, they typically budget for and make recurring anticipated tax payments throughout the year.
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calculate the gross profit for jefferson company based on the following: sales $764,000 selling expenses 42,500 cost of merchandise sold 538,000 group of answer choices $495,500 $183,500 $721,500 $226,000
Based on the sales and cost of merchandise, the gross profit to Jefferson Company was $226,000
How to find the gross profit?Gross Profit is calculated on the basis of sales revenue and the cost of the goods that were sold to earn that revenue.
This means that the formula for gross profit is:
= Sales revenue - Cost of sales or merchandise
Sales revenue to Jefferson company = $764,000
Cost of merchandise to Jefferson Company = $538,000
The gross profit is therefore:
= 764,000 - 538,000
= $226,000
In conclusion, the gross profit is $226,000.
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assuming a cmo uses the sequential pay structure, how is principal passed through from borrowers paid to investors?
Assuming a CMO has a sequential pay structure, how is interest paid from borrowers to investors is by all tranches get interest payments.
Who is a Chief marketing officer?A business executive known as a chief marketing officer (CMO), also known as a global marketing officer or marketing director, is in charge of overseeing marketing initiatives inside a firm. While historically these titles might have denoted a legal obligation, for instance at Companies House in the UK, they are now less formal and strict, allowing businesses to recognize the evolving and important role that marketers can play in an organization, in part because of the nature of successful marketers. The chief marketing officer (CMO) oversees brand management, marketing communications (including public relations, advertising, and promotions), market research, product marketing, distribution channel management, pricing, and customer success. The CMO is a part of the executive team and often answers to the CEO.
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