Gross profit equals From sales, subtract sales discounts, sales returns, cost of goods sold $399,750.
For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rent, and other income before deductions or taxes. This is in contrast to net income, which is defined as gross income less taxes and other deductions.
Gross profit is the profit of a company after deducting all costs associated with producing and selling a product or service. You can calculate your gross margin by subtracting your cost of goods sold (COGS) from your total sales.
In other words, gross profit is sales without deducting manufacturing or production costs. Net profit, on the other hand, is gross profit minus the costs of doing business and not doing business. Net income is a more realistic representation of a company's earnings.
Learn more about Gross profit https://brainly.com/question/21637154
#SPJ4
In contrast to Fed actions that account for changes in inflation and the economy on a case by case basis, deciding to follow the Taylor rule in setting the Fed Funds rate would be best characterized as a _____.
a) regime
b) policy
In contrast to Fed actions that account for changes in inflation and the economy on a case by case basis, deciding to follow the Taylor rule in setting the Fed Funds rate would be best characterized as a regime.
How would you characterize inflation?A broad increase in prices for products and services over an extended period of time, which reduces both consumer and company purchasing power, is referred to as inflation. To put it another way, your dollar (or whatever currency you use to make purchases) will not go as far as it did yesterday.
What brings up an inflation?A boost in consumer spending as a result of rising household incomes and more jobs creates more aggregate demand, giving businesses more room to raise the price of their goods and services. This causes a spike in inflation when it occurs across a significant number of industries and businesses.
To know more about Inflation visit:
https://brainly.com/question/29308595
#SPJ4
Suppose the real interest rate is 2% per year, and the inflation rate is 3% per year. According to the Fisher effect, if the inflation rate rises to 4% per year, then eventually
A) the nominal interest rate will rise by approximately 1 percentage point, and the real interest rate will not change.
B) the real interest rate will fall, the nominal interest rate will rise, with i ‐ r = pi
C) the nominal interest rate will fall by approximately 1 percentage point, and the real interest rate will not change.
D) the real interest rate will fall by 1 percentage point, and the nominal interest rate will not change.
A
Option (A). The nominal interest rate will rise by approximately 1 percentage point, and the real interest rate will not change.
What you mean by Nominal Interest Rate?
This Nominal interest rate paid or earned to the lender or investor. So if you, the borrower, borrow her 6% interest and he borrows $100, you can expect to pay $6 interest. Interest rates were raised to account for inflation.
What you mean by Real Interest Rate?
The real interest rate is the inflation-adjusted lending rate, measured by the GDP deflator. However, comparability is limited as the conditions relating to lending rates vary from country to country.
What the difference between nominal interest rate and real interest rate?
The Nominal interest rate is real interest rate and the expected inflation rate. The real interest rate reflects the true cost of funding for borrowers and the real rate of return for lenders or investors.
To know more about Nominal vs Real Interest Rate visit here:
https://brainly.com/question/13324776
#SPJ4
Assume that the inflation rate becomes much higher in the U.K. relative to the U.S. This will place ____ pressure on the value of the British pound. Also, assume that interest rates in the U.K. begin to rise relative to interest rates in the U.S. The change in interest rates will place ____ pressure on the value of the British pound.
a. upward; downward
b. upward; upward
c. downward; upward
d. downward; downward
The correct option is downward and upward i.e. option C.
A higher inflation rate will put downward pressure on the value of the British pound. The value of the British pound will decline in terms of US dollars. This is because inflation means that the price level will rise more than normal. This will result in a decline in the demand for British goods. Hence, consumers will prefer to purchase American goods. Thus, the demand for dollars will increase, and at the same time due to inflation, the supply of pounds will increase decreasing the value of pounds.
Now, as the interest rates in the UK become higher than the interest rates in the US, clearly, investors will prefer to invest in the UK. This will increase the demand for British pounds and the supply of dollars. As a result, the value of British pounds will also show an upward trend.
Read more about Inflation:
brainly.com/question/25843620
#SPJ4
Which of the following accounts would reflect the existence of a financial instrument(s)?
Investments in Debt Securities/Investments in Equity Securities/Bonds Payable
A) Yes/Yes/Yes
B) Yes/Yes/No
C) Yes/No/Yes
D) No/No/Yes
A) Yes/Yes/Yes
--> Reason:
Both contracts that result in the exchange of cash (debt securities - both investments and obligations) and evidence of ownership interest in an entity (equity securities) are financial instruments.
Option A is correct. The following account that would reflect the existence of a financial instrument is Yes/Yes/Yes.
Financial instruments include both contracts that result in the exchange of money (debt securities, which include both investments and obligations) and proof of an entity's ownership stake (equity securities).
Financial instruments can be thought of as packets of capital that can be traded or as assets that can be traded. The majority of financial instrument types enable effective money flow and transfer among investors worldwide. These assets may consist of money, a legal right to deliver or receive money or another kind of financial instrument, or proof of ownership of a legal company.
A financial instrument is a physical or digital document that represents a contract involving money of any type.
Know more about financial instrument here:
https://brainly.com/question/29491172
#SPJ4
As the owner of a small manufacturing company that employs several workers, you are considering locating your business to a new area. One major concern you might have as an employer is _____ in the new area.
labor market conditions
labor market conditions
The supply and demand of labour, wherein employees give the supply and employers provide the demand, are referred to as the labour market. It is important to consider the labour market from both a macroeconomic and microeconomic perspective. Two crucial macroeconomic indicators are labour productivity rates and unemployment rates. The labour force population, applicant population, application pool, and the individuals chosen make up the four parts of the labour market. The labour market maintains equilibrium between the nation's economic needs for labour resources and its capacity to meet those needs. It has a self-regulation mechanism that, in theory, applies to all markets. The three main components of this process are price, supply, and demand.
Know more about the labour market at: https://brainly.com/question/1239681
#SPJ4
A worthless security had a holding period of six months when it became worthless on December 10, 2020. The investor who had owned the security had a basis of $20,000 for it. Which of the following statements is correct?
a. The investor has a long-term capital loss of $20,000.
b. The investor has a short-term capital gain of $20,000.
c. The investor has a short-term capital loss of $20,000.
d. The investor has a nondeductible loss of $20,000.
c. The investor has a short-term capital loss of $20,000.
c. The investor has a short-term capital loss of $20,000
The investor has a capital loss on the sale when the security becomes worthless. The holding period of the security determines whether the loss is treated as short-term or long-term. The loss is considered short-term if the holding period is less than one year. In this case, the holding period is six months, so the investor has a short-term capital loss of $20,000. This loss can offset the investor's capital gains in the same tax year.
read more about this at https://brainly.com/question/23732435
#SPJ4
an organization can implement which of the following controls to reduce the threat of inventory theft or damage? group of answer choices better production and planning systems document all movement of inventory through the production process improved and more timely reporting review and approval of fixed asset acquisitions
To reduce the threat of inventory theft or damage an organization can document all movement of inventory through the production process.
There wouldn't be any cause for concern about inventory theft in an ideal world. However, the truth is that inventory theft costs a lot of organizations money. Based on the discrepancy between the accounting records, including receipts, purchase orders, and physical counts, this shrinkage can be identified.
Loss of inventory equals loss of prospective revenue and profit. This needs to be resolved immediately. Inventory shrinkage can be avoided easily and without having to spend a lot of money. It will first require the collaboration of each and every employee, beginning in the stockroom and continuing all the way to the accountants.
To learn more about inventory, visit the link below:
brainly.com/question/29801101
#SPJ4
Beginning inventory is $20,000. Purchases of inventory during the year are $100,000. Ending inventory is $50,000. What is cost of goods sold?$70,000Reason:$20,000 + $100,000 - $50,000 = $70,000.
The cost of goods is as follows; $20,000 + $100,000 - $50,000 = $70,000.
What is cost of goods?
The direct costs of producing the products that a business sells are referred to as its cost of goods sold (COGS). The cost of the labor and materials directly employed to make the goods are also included in this sum. It doesn't include indirect expenditures like those associated with the sales staff and distribution. The phrase "cost of sales" is another name for "cost of goods sold." All costs and expenses directly associated with the creation of goods are included in the cost of goods sold (COGS). Indirect expenses like sales and marketing and overhead are not included in COGS. Gross profit and gross margin are determined by deducting COGS from revenues (sales). Lower margins are the result of higher COGS. Depending on the accounting principles employed in the computation, COGS will have a different value.
To know more about cost of goods check out:
https://brainly.com/question/27976653
#SPJ1
True or false: Historical return data indicates that as the number of securities in a portfolio increases, the standard deviation of returns for the portfolio increases.
"Historical return data indicates that as the number of securities in a portfolio increases, the standard deviation of returns for the portfolio increases." This statement is True.
As consistent with portfolio definition, it's miles a set of a extensive variety of assets which might be owned by buyers. The said series of financial assets may also be valuables ranging from gold, shares, budget, derivatives, assets, coins equivalents, bonds, etc. A portfolio is a systematic collection of student work that represents scholar sports, accomplishments, and achievements over a specific time frame in a single or more areas of the curriculum. There are two essential sorts of portfolios: showcase Portfolios: college students pick and post their fine work.
A portfolio is a set of work samples that you may deliver to an interview, send to a prospective corporation, or even post online. Portfolios can: offer proof of labor which you've achieved. Illustrate your capabilities and abilties. display the satisfactory of your work.
Learn more about portfolio here: https://brainly.com/question/24811520
#SPJ4
the standard report issued by an accountant after reviewing the financial statements of a nonissuer should state that_____
Which of the following is correct when, In the same year, beginning Inventory is overstated by $1,700 and ending Inventory is understated by $740? O Net income is overstated by $2.440 Net income Is understated by $2,440 O Net income is understated by $960 Net income is overstated by $960.
In the same year, beginning Inventory is overstated by $1,700 and ending Inventory is understated by $740? Net income is understated by $960
What Are the Advantages of Inventory Management?Running a successful goods business depends on precise inventory management. Regular stock tracking can assist prevent stock mistakes and other issues. The advantages of effective inventory management include the following: A more accurate inventory: When you have effective inventory management, you are aware of what is on hand and only order the quantity of goods required to satisfy demand. Reduced Risk of Overselling: Keeping track of what is in stock and what is backordered helps you avoid overselling products. Savings: Until it is sold, stock costs money. Carrying expenses include of labor wages, storage, handling, and transportation costs. Inventory can also be lost due to theft, calamities, or obsolescence. Avoiding Stock outs and Excess Stock: A business can reduce the number of days by improving planning and management.
To know more about inventory visit:
brainly.com/question/15118949
#SPJ4
A real estate builder wishes to determine how house size (House) is influenced by family income (Income) and family size (Size). House size is measured in hundreds of square feet and income is measured in thousands of dollars. The builder randomly selected 50 families and ran the multiple regression. Partial Microsoft Excel output is provided below:
a. Referring to Scenario 13-4, what annual income (in thousands of dollars) would an individual with a family size of 4 need to attain a predicted 10,000 square foot home (House = 100)?
b, Referring to Scenario 13-4, what is the predicted house size (in hundreds of square feet) for an individual earning an annual income of $40,000 and having a family size of 4?
Due to its p-value being less than 0.01, size is important in explaining house size and should be incorporated into the model.
[tex]H_{0}[/tex] The size has no bearing on how big a house is.
Vs.
[tex]H_{\alpha }[/tex] The size is important in describing the size of the house.
We can determine the statistical significance of each explanatory variable using the individual p-values.
The P-value for size is 0.0020, which is less than the level of significance
[tex]\alpha[/tex] = 0.01 0 given the Excel output table
and level of significance [tex]\alpha[/tex] = 0.01(1%)
So, at a 1% threshold of significance, we reject [tex]H_{0}[/tex].
The builder can therefore deduce that the size is important in explaining the size of the house and should be taken into account in the model.
The likelihood of receiving outcomes from a statistical hypothesis test that are at least as extreme as the actual results, assuming the null hypothesis is true, is known as the p-value in statistics.
The p-value provides the minimal level of significance at which the null hypothesis would be rejected as an alternative to rejection points. The alternative hypothesis is more likely to be supported by stronger evidence when the p-value is lower.
To learn more about p-value, please refer:
https://brainly.com/question/29670749
#SPJ4
All states have adopted the Uniform Individual Accident and Sickness Policy Provision Law. If an insurer changes any of these provisions, they must make sure it does not:
Alter the minimum requirements of any provision
The insurer must assure that any variation must be at least as favorable as the original wording, and no mandatory provision may be deleted if applicable to the coverage.
Alter the minimum requirements of any provision. The insurer must assure that any variation must be at least as favorable as the original wording, and no mandatory provision may be deleted if applicable to the coverage.
Provisions are finances set aside by a commercial enterprise to cowl particular predicted destiny fees or different financial influences. An example of a provision is the estimated loss in the fee of stock due to obsolescence.
In accounting, the matching precept states that prices must be stated inside the identical monetary 12 months because of the correlating revenues. this is due to the fact fees that belong to a certain 12 months can turn out to be deceptive if accounted for in preceding or destiny monetary years. Provisions, therefore, modify the modern year stability to be more correct by means of making sure that costs are recognized within the identical accounting duration as the applicable prices.
Provisions are recognized on the stability sheet and are also expensed on the earnings assertion. The most not unusual sort of provision is a provision for terrible debt. A provision for awful debt is one that has been calculated to cover the debts encountered for the duration of an accounting length that is not anticipated to be paid.
This provision is typically blanketed within the price range created through a company and can be envisioned based totally on beyond revel in with bad debt amounts as well as industry averages.
To learn more about Provision visit here:
brainly.com/question/1597464
#SPJ4
which o fthe following accurately descrbis the difference between how open market operations are used in a banking system with limited reserves compared to a banking system with ample reserves
Open market operations are the buying and selling of government securities by the Federal Reserve. And, in particular, when the Fed buys security, it pays for it by crediting the appropriate bank's reserve account at the Fed.
A federal monarchy, within the strict sense, is a federation of states with a single monarch as average head of the federation, but keeping different monarchs, or having a non-monarchical gadget of government, within the diverse states joined to the federation. The term changed into introduced into English political and historic discourse by using Edward Augustus Freeman, in his records of Federal government (1863). Freeman himself idea a federal monarchy only viable in the summary. traditionally, the maximum distinguished instance of a federal monarchy inside the Western international changed into the German Empire (1871–1918) and, to a lesser extent, its predecessors (North German Confederation and German Confederation).
LEarn more about Federal here
https://brainly.com/question/220248
#SPJ4
Toppers Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Toppers's engineers have been asked to provide detailed specifications and recommendations for the equipment needed. The Toppers engineers will primarily play the __________ role in the company's buying center.a. userb. initiatorc. gatekeeperd. buyere. influencere. influencer
The northern parts on or near the Arctic Ocean are referred to as North Alaska, a territory of the U.S. state of Alaska. It frequently refers to the Nome Census Area,
.
the North Slope Borough, the Northwest Arctic Borough, and portions of the Yukon-Koyukuk Census Area. The towns of Prudhoe Bay, Utqiavik, Kotzebue, Nome, and Galena are among the prominent ones. Since most of these places lack motorways, the only means to get there in good weather are by plane or snowmobile. The modern settlement of north Alaska was initially sparked by the discovery of gold and later by the extraction of petroleum. The area was formerly inhabited by numerous Alaska Native communities that subsisted on hunting, whaling, or salmon fishing. The habitat is dominated by tundra that covers coastal plains and mountain ranges.
learn more about petroleum here:
https://brainly.com/question/8647954
#SPJ4
if a breach of contract case is filed in federal court, the court . has subject matter jurisdiction if the claim is for less than $75,000 and no plaintiff lives in the same state as any defendant has no subject matter jurisdiction, but can hear the case at its own discretion has no subject matter jurisdiction and cannot hear the case has subject matter jurisdiction if the claim is for more than $75,000 and no plaintiff lives in the same state as any defendant
If a breach of contract case is filed in the federal court, the court, so the court has subject matter jurisdiction if the claim is for less than $75,000 and where there are no plaintiff who live in the same state as any defendant.
The federal courts tend to have jurisdiction over cases involving the United States government, the Constitution or the federal laws, or any controversies which goes on between the states or between the U.S. government and foreign governments.
However, the requirement where a court have subject-matter jurisdiction means that the court can only assume power which is over a claim which it is authorized to hear.
Hence, some courts are said to be banned from hearing cases of a certain nature.
To learn more about the federal courts here:
https://brainly.com/question/29619376
#SPJ4
How to write a business plan
antonio is an artisan. the country he lives in allows him to sell his goods to people in other countries without any quotas or tariffs. likewise, he is free to buy materials he needs for his craft from other countries without any restrictions. the country in which antonio lives practices
Fair trade
Socialism
Free trade
Mercantilism
the country in which Antonio lives practices: Free trade.
Free trade happens when labor and products can be traded between nations or sub-public locales without duties, portions or different limitations being applied.
Free trade, likewise called laissez-faire, a policy by which an administration doesn't oppress imports or obstruct exports by applying levies (to imports) or endowments (to exports). A free-trade policy doesn't be guaranteed to infer, notwithstanding, that a nation abandons all control and tax collection from imports and exports.
The hypothetical case for free trade depends on Adam Smith's contention that the division of work among nations prompts specialization, more prominent proficiency, and higher total creation. (See relative benefit.) According to the perspective of a solitary country there might be practical benefits in trade limitation, especially on the off chance that the nation is the primary purchaser or dealer of a product. In practice, in any case, the security of nearby enterprises might demonstrate worthwhile just to a little minority of the populace, and it very well may be disadvantageous to the rest.
to know more about import and export click here:
https://brainly.com/question/13663581
#SPJ4
the total output from a production system in one day is 500 units and the total labor necessary to produce the 500 units is 250 hours. which of the following numbers represents the partial labor productivity? 0.5 units per hour 2 units per hour 0.5 units 2 units
Partial productivity measurements are those that are practical as indicators of total productivity but do not meet the criteria for measuring total productivity.
In reality, production measurement refers to incomplete productivity measures. In such instance, the units of measurement represent parts of overall productivity, and if properly interpreted, these parts are a good indicator of productivity growth. The concept of partial productivity effectively conveys the idea that total productivity is only, roughly, partially measured. Although measurements have some flaws, it is nevertheless possible to accurately evaluate the findings of partial productivity.
learn more about indicator here:
https://brainly.com/question/20264817
#SPJ4
During an engagement to review the financial statements of a nonissuer, an accountant becomes aware that several leases that should be capitalized are not capitalized. The accountant considers these leases to be material to the financial statements. The accountant decides to modify the standard review report bc management will not capitalize the leases. Under these circumstance, the accountant should:disclose the departure from GAAP in a separate paragraph of the accountant's report
In this situation, the accountant should make a separate paragraph in the accountant's report to explain the deviation from GAAP.
The creation of financial statements must follow a set of accounting regulations known as generally accepted accounting principles (GAAP). The preparation of financial accounts in conformity with GAAP is needed for public enterprises, nonprofit organizations, and governmental agencies.
the instances where the financial statements differ from the accepted accounting standards. A corporation that employs an erroneous accounting technique, for instance, may be subject to a GAAP deviation.
In the event that there is a significant deviation from GAAP in the financial statements, the auditor should specifically describe the type of divergence and, if determinable, the dollar implications. Auditors should explain why they are unable to render an unqualified opinion.
To learn more about GAAP
https://brainly.com/question/24107590
#SPJ4
Mr. Holmes operates a firm which is having a problem competing with other firms. You have been hired to analyze the problem and make recommendations to help increase profits. After analysis you have determined that he is a perfectly competitive firm operating at too small a scale, but at a breakeven point in the short run. Be sure to label your graphs.
a) Draw two graphs, one for the market and the other for the firm, labeling the equilibrium price and quantity at which Mr. Holmes is currently producing..
b) On the same graph, in a) above show and explain what Mr. Holmes should do to help him achieve long run equilibrium.
c) Why is Mr. Holmes cost decreasing as he approaches long run equilibrium.
In graph a) the market is in equilibrium with price Pc and quantity Qc, and the firm is in equilibrium with price Pf and quantity Qf. This suggests that the company is too small and is producing at breakeven in the short term.
In graph b), Mr. Holmes needs to increase the output to his Qe, which is the long-term equilibrium point. This allows you to increase your profits by using economies of scale to increase demand for your products. Higher production yields greater economies of scale, allowing you to produce more at a lower cost per unit.
Over the long run, Mr. Holmes' costs will decrease. because economies of scale reduce production costs as he increases his production. As he produces more, fixed costs are spread over more output and his average unit price goes down. This allows him to lower prices and become more competitive in the market. Because we produce at a higher level, we can also benefit from external economies of scale, such as lower input prices and access to new technologies, further reducing costs.
To know more about market equilibrium click here
https://brainly.com/question/25300841
#SPJ4
during my first three months of work, i attended three conferences; they were all required events for my training. during my first three months of work, i attended three conferences: they were all required events for my training. during my first three months of work, i attended three conferences, they were all required events for my training.
During my first three months of work, I attended three conferences; they were all required events for my training. This is the correct punctuation.
What is the function of a semicolon in a sentence?
Unquestionably, the semicolon is the underdog among the punctuation family. Some people are afraid of it, avoid it, and misuse it. It's time to start using semicolons more frequently, and we'll teach you how. You'll wonder how you ever managed without it once you've added it to your repertoire. You can clean up even the messiest prose with a semicolon while also adding variety and polish to your writing. It can be used as putting related clauses apart, Connective expressions buffered and dividing up long lists
To know more about punctuation check out:
https://brainly.com/question/1224394
#SPJ1
a grocer purchases coconuts for $2.85 per pound and sells them for $4.66 per pound. at the end of the sales cycle, leftover coconuts are sold for a closeout price of $1.68 per pound. the grocer purchases 10,340 pounds of coconuts. expected demand is normally distributed with a mean of 8,272 pounds and a standard deviation of 1,034.
Round your answer to two decimal places. What is the grocer's expected profit?
The supermarket's anticipated profit is $1812.00 if it buys coconuts for $2.85 per pound and sells them for $4.66 per pound.
Cost of Understocking Cu is calculated as follows: Selling Price - Purchase Price = 4.66 - 2.85 = 2.30
Salvage Value - Purchase Price = 2.85 - 1.68 = 1.10 for the Cost of Overstocking Co.
Cu/(Cu+Co) = Service Level
The service level is 2.30 / (2.30+1.10).
Level of Service = 0.6765 Z = NORM.S.INV(0.6765) = 0.4579
Mean Demand = 8160, Sd of Demand = 1020, and optimum order quantity Q equals Mean Demand plus Z*Sd of Demand.
Q = 8160 + 0.4579*1020
Q = 8627.06 lbs.
10200 pounds were the actual order quantity.
Q*Cu - (Actual Order Quantity - Q)*Co = Expected Profit Expected Profit = 8627.06*2.30 - (10200-8627.06)*1.10 = Expected Profit = 18112.00
Profit is the term used to describe the monetary gain experienced when the revenue from a commercial activity outpaces the costs, costs, and taxes incurred to support the activity in question.
Any profits generated are returned to the company's owners, who can decide whether to keep the money for themselves or pay dividends to shareholders.
Learn more about profit here
https://brainly.com/question/15699405
#SPJ4
suppose that the u.s. imposes an import quota on cars and trucks. the import quota makes the real exchange rate of the u.s. dollar depreciate and the real interest rate in the united states decrease.
The import quota makes the real exchange rate of the U.S dollar depreciate and the real interest rate in the United States decrease. Increase, the real exchange rate of the U.S. dollar depreciates, and U.S. net capital outflow is unchanged. In the case that the U.S. removes.
An import quota lowers purchaser surplus withinside the import marketplace and increases it withinside the export united states marketplace. An import quota increases manufacturer surplus withinside the import marketplace and lowers it withinside the export united states marketplace.
National welfare might also additionally upward push or fall whilst a big, United States implement an import quota. Import quotas are government-imposed limits on the amount of a positive proper that may be imported right into a united states.
Generally speaking, such quotas are installed area to protect home industries and susceptible producers. An import quota will improve the home charge and, withinside the case of a big united states, decrease the overseas charge. The distinction among the overseas and home charges after the quota is applied is called a quota rent. An import quota will lessen the amount of imports to the quota amount.
Learn more about import here:
https://brainly.com/question/15115779
#SPJ4
the direction of the industry over the next few years will likely be moving toward more tightly coupled hadoop and relational dbms-based data warehouse technologies.
Facts and numbers that are gathered with the intention of obtaining knowledge in order to gain insight are referred to as data.
Data warehousing is a method of gathering and analyzing data from many sources to offer insight into business management utilizing a network of computers known as a Hadoop cluster.
We must understand that the primary goal of data collecting is to give information and insights for management usage. As a result, the managers place far more value on an insight than a data warehouse or a Hadoop cluster.
To know more about DBMS-based data visit :
https://brainly.com/question/13156371
#SPJ4
What are 2 examples of student code of academic integrity?
Answer:
Plagiarism and Cheating
a start company has recently created five different cash accounts (checking, money market, petty cash, payroll and investments). it deposits all payments received from customers into its checking account. which of the following (x,y) accurately depicts the relationship between the cash class and the cash receipt class?
A startup company has recently created five different cash accounts, and the one which accurately depicts the relationship between the cash class and the cash receipt class is that Model c.
In accounting, cash accounts, or the cash book, may tend to refer to a ledger in which all the cash transactions are seen to be recorded. So, a cash account is considered to be a type of brokerage account in which the investor must pay the full amount which is thus for the securities to be purchased.
However, a cash receipt is seen to be a printed acknowledgement of the amount of cash which is received during a transaction involving the transfer of cash or the cash equivalent.
Hence, the original copy of the cash receipt is given to the customer.
To learn more about the cash receipt here:
https://brainly.com/question/23980227
#SPJ4
i wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress however; my camera malfunctioned during my visit. i wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress; however, my camera malfunctioned during my visit. i wanted to use a picture of the new infotech inc. site as exhibit a in my report on construction progress: however, my camera malfunctioned during my visit.
The manager's friend worked for HelpMe Support Systems for four years (January 2004-January 2008).
I wanted to use a picture of the new InfoTech Inc. site as Exhibit A in my report on construction progress; however, my camera malfunctioned during my visit.
Malfunction upload to list share. To malfunction is to fail to work nicely. in case your toaster spits out a charred, smoky mess regardless of what setting it's on, your toaster is honestly malfunctioning.
Malfunction sentence instance. The worst cases are mistakes as a result of hardware malfunction. The pejorative connotation of an optical illusion is a visible malfunction. in line with a few assets, the crash becomes because of a technical malfunction.
Learn more about malfunctioned here https://brainly.com/question/20457877
#SPJ4
the constructive receipt doctrine: multiple choice is particularly restrictive for accrual-basis taxpayers. causes income to be recognized before it is actually received. causes income to be recognized after it is actually received. applies equally to income and expenses. none of the choices are correct.
Income is recognized prior to being received according to the constructive receipt theory. The right response in this case is option B.
A tax principle that states an unlimited right to receive income is regarded the same as actually obtaining it. this principle only applies to cash basic taxpayers. The idea forbids a taxpayer from purposefully postponing income in order to decide the year in which he must declare it for income tax purposes.
When a party acquires revenue that has not yet been physically received but has been credited to the taxpayer's account and over which they have immediate authority, this is referred to as constructive receipt of income. Taxes must be paid by the taxpayer on all income that was actually received.
Complete question:
The constructive receipt doctrine:
A. is particularly restrictive for accrual basis taxpayers.
B. causes income to be recognized before it is actually received.
C. causes income to be recognized after it is actually received.
D. applies equally to income and expenses.
E. None of the choices are correct.
To learn more about constructive receipt
https://brainly.com/question/15216461
#SPJ4
at the beginning of the year, calvin paid $5,000 for 60 shares of eddington stock. in june, he received a $300 cash distribution with respect to the stock. his form 1099-div reported that $170 was an ordinary dividend and $130 was a nontaxable return of capital. compute calvin's tax basis in his 60 shares at year-end. multiple choice $5,000 $4,870 $4,830
The tax basis of Calvin for 60 shares at the end of the year will be $4,870
How do you calculate tax-basis?
To calculate tax basis of Calvin for 60 shares, purchase price os stock and and non-taxable dividend obtained from it.
So, tax basis = Purchase price of stock – Non-taxable dividend
= $ 5,000 - $ 130
= $ 4, 870
Since, ordinary dividend is regarded as ordinary income, they are included in tax basis calculation and are subject to taxation.
What is tax basis?Tax basis is the cost basis of an asset at the time it is sold.
The initial cost of purchasing an asset is the cost basis.
The asset's value may either increase or decrease over its lifetime. This adjusted value is referred to as the adjusted cost basis.
The tax basis for an asset is its adjusted cost basis during the time of sale. The distinction between an asset's tax basis and its sale price helps determine whether a company makes a profit or a loss as well as whether taxes are owed or offset in the case of a loss.
To know more about Cost basis, check out:
brainly.com/question/25899244
#SPJ1