Sum of the net changes in deferred tax assets and deferred tax liabilities.
Total income tax expense = 20=current tax expense deferred tax expense=$18+$2The $2 deferred tax expense equals the increase in the deferred tax liability of $5, less the increase in the deferred tax asset of $3.Tax liability is the total quantity of tax debt owed to a central authority through an man or woman, organisation, or other entity. earnings taxes, sales tax, and capital profits tax are all kinds of tax liabilities. Taxes are imposed through numerous taxing authorities, such as federal, state, and neighborhood governments. You had no tax legal responsibility for the earlier year if your general tax was 0 or you did not should record an profits tax go back. Your general tax changed into 0 if the road labeled "general tax" on shape 1040, U.S. man or woman profits Tax go back or form 1040-SR, united states of americaTax go back for Seniors turned into zero.
you can discover your tax legal responsibility on lines 37 and 38 of the 2022 IRS shape 1040 while you've completed it. The IRS every now and then tweaks the form 1040, however you'll locate the facts on those equal lines on your 2021 return as well.
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the main reasons the demand for genetic counselors has increased over the past decade includes which of the following?
The demand for genetic counselors has increased over the past decade because of more knowledge about diseases that are genetically transmitted, create public awareness of the genetic basis of disease and improve technology for genetic testing.
Information about the potential effects of genetic diseases on you or your family is provided by genetic counseling. Your personal and family health history will be gathered by the genetic counselor or another medical expert. The probability that you or a member of your family has a genetic disorder can be estimated using this information. Using this data, the genetic counselor can assist you in determining whether a genetic test could be appropriate for you or a family member.
Your doctor may recommend genetic counseling based on the health history of you and your family. You may be referred for genetic counseling at several times throughout your life:
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How do I return a non-returnable item to Amazon?
Amazon is a enormous online store that offers a wide range of products, including books, music, movies, housewares, electronics, toys, and many more, either directly to its millions of consumers or by acting as a middleman between them and other sellers.
On the product description page, items designated as "non-returnable" generally cannot be returned. However, Amazon will offer a complete refund or replacement, as appropriate, in the unusual case if the item send is damaged, faulty, or the wrong one.
In order to return the item, we should first talk to the executive and let them know our problem.
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Flanders Company has outstanding 18 million shares of $2 par value common stock and 2 million shares of $4 par value preferred stock. The preferred stock has an 8% dividend rate. The company declares $1,200,000 in total dividends for the year. Which of the following is correct if dividends in arrears are $60,000?
A.) Preferred stockholders will receive $180,000; common stockholders will receive $1,020,000.
B.) Preferred stockholders will receive $640,000; common stockholders will receive $560,000.
C.) Preferred stockholders will receive $700,000; common stockholders will receive $500,000.
D.) Preferred stockholders will receive $120,000; common stockholders will receive $1,080,000.
The statement which is correct:- Preferred stockholders will receive $700,000; common stockholders will receive $500,000.
Any individual, business, or organization that has stock in a corporation is a shareholder. A shareholder of a firm may own just one share.
As residual claimants on a company's profits, shareholders may be subject to capital gains (or losses) and/or dividend payments.
Additionally, shareholders have specific rights, such as the ability to approve the board of directors at shareholder meetings, dividend payments, and mergers.
Investors may lose their entire investment in the event of bankruptcy.
A lot of businesses issue both regular and preferred shares. Preferred stock is less common than common stock, and common stock is what everyday investors normally purchase on the stock market.
Common investors typically have voting rights, whereas preferred stockholders do not. But preferred owners are entitled to dividends first. Additionally, preferred stockholder payouts typically carry a higher value than dividends paid to regular stockholders.
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trinkle company made several purchases of long-term assets during the year. the details of each purchase are presented here. new office equipment list price: $41,800; terms: 2/10, n/30; paid within the discount period. transportation-in: $770. installation: $470. cost to repair damage during unloading: $420. routine maintenance cost after eight months: $140. basket purchase of copier, computer, and scanner for $47,100 with fair market values copier, $23,288. computer, $8,520. scanner, $24,992. land for new warehouse with an old building torn down purchase price, $77,600. demolition of building, $5,000. lumber sold from old building, $2,190. grading in preparation for new building, $6,100. construction of new building, $201,000.
The answers after calculations are New Office Equipment $42,863, Basket Purchase Of Copier, Computer, Scanner $61,500 and Land For New Warehouse $310,050.
What does the term "warehousing" mean?Storing products for subsequent sale or distribution is the practice of warehousing. A small, home-based firm may store its products in a spare room, basement, or garage, but larger companies usually own or rent space in a structure that is made for storage.
What does a warehouse serve as?The primary purpose of a warehouse is to keep items or products before transporting them to another place. However, a warehouse's area may be improved by a few ancillary uses of warehousing.
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level 4: gains from trade with absolute advantage having determined that you should specialize in fishing, find a trade that will make you and friday better off. recall that friday produces 350 calories of fish per hour or 3.5 logs of firewood per hour and to survive, he needs 7 logs and 3500 calories of fish. while you produce 500 calories or 4 logs per hour and to survive you must collect 32 logs and 2000 calories of fish.
Due of Friday's lower opportunity cost for 1 log, Friday must create logs whereas the other person must generate fish calories.
The amount of firewood generated by Friday in 12 hours is equal to 12 * 3.5, or 42 logs.
Energy is measured in calories. Calories in nutrition relate to the energy that humans obtain from the food and liquids they consume as well as the energy they expend when engaging in physical activity. On every food package, the nutritional information includes a list of calories. Many diet plans for losing weight include cutting calories. This MNT Knowledge Center article focuses on how the body uses energy and the calories included in food and beverages. MNT discusses the definition of a calorie, the daily caloric need for humans, and healthy ways to consume calories.
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this is the credit given to each person that can be applied to the amount of federal estate tax owed by that person at death.
From the question we can called the statement as applicable exclusion amount (AEA).
What is applicable exclusion amount (AEA)?The relevant exclusion amount, formerly known as the unified credit, shields a portion of your estate from federal estate tax and shields a portion of contributions you make during your lifetime from federal gift tax. The amount that one person may give as a gift to another without paying gift tax or impacting the unified credit is known as the Annual Exclusion Amount. Cash or other assets may be used to transfer this annual gift exception.
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consider the market for medical doctors. suppose the opportunity cost of going to medical school increases for many individuals. further, suppose it generally takes about 10 years to become a practicing doctor. holding all else constant, in 10 years the equilibrium wage for doctors will
Suppose the opportunity cost of going to medical school increases for many individuals. in 10 years the equilibrium wage for doctors will likely increase as the supply of doctors decreases.
What is an equilibrium wage?Generally, When the opportunity cost of going to medical school increases, fewer people will choose to become doctors, which means that the supply of doctors will decrease.
This decrease in supply, combined with the fact that the demand for doctors is likely to remain relatively constant, will lead to an increase in the equilibrium wage for doctors. In other words, the increase in the opportunity cost of becoming a doctor will lead to a higher wage for doctors in the long run.
It is important to note that this is a general prediction and other factors could also affect the wage for doctors in the long run.
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In addition to stand-alone discussion boards, all of these sites include discussion boards as part of their features except:LinkedIn.
In addition to stand-alone discussion boards, all of these sites include discussion boards as part of their features except: LinkedIn.
LinkedIn is an American commercial enterprise and employment-orientated on-line service that operates via websites and cellular apps. released on may also five, 2003, the platform is usually used for professional networking and profession development, and allows activity seekers to submit their CVs and employers to put up jobs.
LinkedIn is the sector's biggest expert network at the net. you could use LinkedIn to find the proper process or internship, connect and enhance professional relationships, and analyze the abilities you need to achieve your career.
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Noelle, the owner of all of the shares of ClockCo, an S corporation, transfers her stock to Grayson on April 1. ClockCo reports a $70,000 NOL for the entire tax year, but only $10,000 of the loss occurs during January-March. Assume 365 days in a year. Round per day computations to five decimal places. Round final answers to the nearest dollar. Without a short-year election, how much of the loss is allocated to Noelle and how much is allocated to Grayson? Noelle's loss allocation: $ 17,452.0547 x Grayson's loss allocation: $ 17,500 x If the corporation makes the short-year election, how much of the loss is allocated to Grayson? $ 60,000
A company reports a net operating loss when its expenses are higher than its revenues. Net loss is another name for net operating loss.
The final line of the income statement shows the net operating loss.
Particulars: A $70,000 net operating loss (A) number of days (B) 91 total days (C)
How is net operating loss calculated?The net operating loss is calculated by subtracting itemized deductions from adjusted gross income on a business expense sheet. Net operating losses occur when the outcome is negative.
When you have a net operating loss, what happens?A person's net operating loss is the difference between their gross income and the deductions taken by the taxpayer, adjusted as follows: An NOL carryback or carryover from a previous tax year does not qualify for the NOL deduction. The amount of capital gains can only be deducted from both business and non-business capital losses.
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when a firm's competitive advantage is based on technological competence, a wholly owned subsidiary is the preferred mode of entry into a foreign market because it reduces the risk of losing control over that competence.
The following statement "when a firm's competitive advantage is based on technological competence, a wholly owned subsidiary is the preferred mode of entry into a foreign market because it reduces the risk of losing control over that competence" is true.
A firm is said to be a wholly owned subsidiary if the parent company holds all of its stock in it. A parent corporation controls a subsidiary, which is a clearly distinct business. When a parent firm owns 100% of a subsidiary's equity, the term "wholly owned" is used.
Control over the stock of subsidiary firms is exercised by holding or parent corporations. Even though they were not parties to the transaction that resulted in the debt, these holding corporations may be accountable for the debts committed by their subsidiary firms.
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which of the following are certain highly liquid financial assets that do not function directly or fully as a medium of exchange but can be readily converted into currency?
Near money is certain highly liquid financial assets that do not function directly or fully as a medium of exchange, but are readily convertible into currency.
What is near money?Near money is a financial industry term for highly liquid assets that can be easily converted into cash. Near money is sometimes referred to as quasi-currency or cash equivalents. Near money proximity is important in determining the level of liquidity.
Cash on hand is the most liquid asset, followed by funds that can be withdrawn from bank accounts.
What are near money assets?Examples of near-money assets include savings accounts, certificates of deposit (CDs), foreign currencies, money market accounts, marketable securities, and treasury bills (T-bills). In general, the cash assets included in a cash analysis depend on the type of analysis.
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Decide whether the following statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain your reasoning.
I bought a fund advertised on the web that says it use a secret investment strategy to get an annual return twice that of stocks, with no risk at all.
a. The statement does make sense because this secret investment strategy must be a new financial planning strategy that does not incorporate the three traditional investment considerations: liquidity, risk, and return.
b. The statement does not make sense because investing in stocks is low-risk to get high returns, thus getting higher returns than stocks with this secret strategy must mean the fund advertised on the web is low-risk, not no risk.
c. The statement does make sense because the strategy indicates that the return is a predictable amount, thus the fund advertised on the web is a no-risk investment.
d. The statement does not make sense because investing in stocks is high-risk to get high returns, thus getting higher returns than stocks with this secret strategy must mean the fund advertised on the web is high-risk, not no risk.
The correct option is that d. The statement does not make sense because investing in stocks is high-risk to get high returns, thus getting higher returns than stocks with this secret strategy must mean the fund advertised on the web is high-risk, not no risk.
What is an investment strategy?An investment strategy is a plan created to assist lone investors in achieving their monetary and investment objectives. Your personal circumstances, such as your age, wealth, risk tolerance, and objectives, will have an impact on your investment strategy.
The investment strategy that enables you to reach your financial objectives is the best one. The most effective strategy will vary depending on the investor. For instance, momentum trading is for you if you want to make the most money quickly at the greatest risk. Alternatively, value stocks are probably preferable if you're making long-term plans.
The claim is illogical because stock investments require a high level of risk in order to generate high returns; therefore, using this hidden strategy to generate higher returns than stocks must entail a high level of risk, not zero, for the fund being promoted online.
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makayla has created software for automating the accounting process at abl manufacturing. she completed the software development, with testing done during development at individual stages. before putting the software into production, mary, who is in charge of the testing software, ran the application using tools and generated a report giving the various inputs and corresponding exceptions generated by the application.
Mary, who is in charge of the testing software, used the process of Fuzzing.
Fuzz testing or fuzzing is an automatic package testing technique that injects invalid, malformed, or sudden inputs into a system to reveal package defects and vulnerabilities. A fuzzing tool injects these inputs into the system and so monitors for exceptions like crashes or data escape.
Software development is the method of conceiving, specifying, designing, programming, documenting, testing, and bug fixing concerned in making and maintaining applications, frameworks, or different package parts. package itself is that the set of directions or programs that tell a laptop what to try and do. it's freelance of hardware and makes computers programmable.
The question is incomplete, find the complete question here
Makayla has created software for automating the accounting process at abl manufacturing. she completed the software development, with testing done during development at individual stages. before putting the software into production, mary, who is in charge of the testing software, ran the application using tools and generated a report giving the various inputs and corresponding exceptions generated by the application. What process did Mary use?
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composed of intelligence experts from dia, cia, nsa, nga, and other intelligence agencies, affords the joint task force access to national-level databases and to agency-unique information and analysis
The NSC used to be installed in 1947 to integrate U.S. foreign and protection policy.
By law, the Council is the United States government's most exalted official committee, composed of simply 4 members: the president, vice president, secretary of state, and secretary of defense.
What did the National Security Act of 1947 created?An Act To promote the country wide protection by using providing for a Secretary of Defense; for a National Military Establishment; for a Department of the Army, a Department of the Navy, and a Department of the Air Force; and for the coordination of the things to do of the National Military Establishment with other departments
Truman in July 1947, which reorganized the shape of the U.S. armed forces following World War II.
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https://brainly.com/question/2038966#SPJ4what would you expect to happen to wrigley's eps if it issued $3 billion in debt and:used the proceeds to pay a dividend? used the proceeds to repurchase shares? calculate thepotential eps's given the following incomes. assume the numbers are in millionwhat would you expect to happen to wrigley's eps if it issued $3 billion in debt and:used the proceeds to pay a dividend? used the proceeds to repurchase shares? calculate thepotential eps's given the following incomes. assume the numbers are in million
If Wrigley issued $3 billion in debt and used the proceeds to pay a dividend, the effect on EPS would depend on the size of the dividend paid and the number of outstanding shares. If the dividend amount was large enough and the number of outstanding shares was small enough, the company's EPS would decrease as a result of the dividend payment.
If Wrigley issued $3 billion in debt and used the proceeds to repurchase shares, the effect on EPS would depend on the number of shares purchased and the amount paid for each share. If the amount paid for each share was large enough and the number of shares purchased was large enough, the company's EPS would increase as a result of the share buyback.
Calculating potential EPS's given the following incomes requires more information. To calculate EPS, you would need to know the number of outstanding shares and the total amount of net income.
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Nate received a state tax refund of $590 from his 2020 return in 2021. Nate's filing status was single, and his itemized deductions
were $16,850 on the 2020 return, of which $2,800 was state income taxes. What amount of Nate's state refund will be taxable on the
2021 return?
Select one:
O a. $0
b. $250
c. None of these
d. $2,800
e. $590
None of these amounts of Nate's state refund will be taxable on the 2021 return. The correct option is C.
How do you calculate itemized deductions?You can deduct what you paid in real estate taxes, personal property taxes, state and local income or sales taxes, mortgage interest, and disaster losses when you itemize your deductions. You can also count charitable contributions and a portion of the money you spent on health and dental care.
Every year, your refund is determined by subtracting your annual federal income tax from the amount of federal income tax withheld.
Thus, the ideal selection is option C.
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: which of the following are a potential source of bias in the calculation of the cpi by the bls? select all that apply.
The potential sources of bias in the calculation of the CPI by the BLS are introduction of new products, improvements in quality over time, outlet shopping, and substitution to cheaper goods.
Definition of CPIThe Customer Price Index or CPI is a measuring tool, which is often used to assess the average change in the price of a product. Where the price change is calculated by monitoring the price of each product.
As for how to calculate the CPI, is by tracking the price changes, for each product in a group of goods, then labeling it.
In addition, CPI is also published with several countries releasing flash or future initial inflation data. For the CPI release system is one month later. Thus, the CPI published this month is the CPI released last month.
In general, inflation data is published every one month and is collected and then measured annually. There are several countries that also publish monthly inflation data, such as New Zealand and Australia.
Your question is incomplete but most probably your full question was:
which of the following are a potential source of bias in the calculation of the CPI by the BLS? select all that apply.
- product complement
-introduction of new products
-improvements in quality over time
- outlet shopping
- substitution to cheaper goods.
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River, Inc., stock has a beta of 1.1 and Forest, Inc., stock has a beta of 1.6. Which of the following statements is most accurate? According to CAPM, the expected rate of return will be higher for the stock of Forest, Inc., than that of River, Inc. The stock of River, Inc., has more total risk than Forest, Inc. The stock of Forest, Inc., has more total risk than that of River, Inc.
Investment risk can be calculated with the use of the Model of Capital Asset Pricing (CAPM). A stock will possess a beta value greater than one if it is risky than the market.
What purposes serves CAPM?Based on the cost of profitability and investment risk, predicted returns are determined using the capm model (CAPM). The general market return rate, the stock's beta value, and the danger rate are all required by the CAPM calculation.
What presumptions underlie CAPM?To make the complex and coupled correlation of Markowitz's theory simpler, CAPM makes the assumption that risk-free assets are available. The risk-free asset results in the MPT's curved efficient frontier and simplifies the CAPM's linear efficient frontier.
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Stocks offer an expected rate of return of 18%, with a standard deviation of 22%. Gold offers an
expected return of 10% with a standard deviation of 30%.
a. In light of the apparent inferiority of gold with respect to both mean return and volatility,
would anyone hold gold? If so, demonstrate graphically why one would do so.
b. Given the data above, reanswer ( a ) with the additional assumption that the correlation coefficient
between gold and stocks equals 1. Draw a graph illustrating why one would or would
not hold gold in one’s portfolio. Could this set of assumptions for expected returns, standard
deviations, and correlation represent an equilibrium for the security market?
Part a: Investors hold gold because it is not strongly correlated with other financial assets, so it offers the ability to diversify portfolio risks.
Part b: With lesser returns but a higher standard deviation is not a realistic equilibrium in security markets
Gold is a special asset class. At first glance, gold may seem to have substandard returns and extreme risks, but judged in a portfolio context, gold shines. Gold is not correlated strongly with assets like equities or bonds, so it offers these portfolios diversification.
Stocks offer an expected rate of return of 18%, with a standard deviation of 22%. Gold offers an expected return of 10%, with a standard deviation of 30%.
Part a:
Investors hold gold because it is not strongly correlated with other financial assets, so it offers the ability to diversify portfolio risks.
Part b:
The answer changes if the correlation between gold and equity becomes 1 as equities would have superior returns and risk characteristics.
The risk of the portfolio becomes dramatically less as zero correlation assets are added to the portfolio. An assumption of 1, with lesser returns but a higher standard deviation is not a realistic equilibrium in security markets
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a company reports the following amounts at the end of the year: sales revenue$ 350,000 cost of goods sold235,000 net income50,000 compute the company's gross profit ratio.
The company's gross profit ratio that has sales revenue $350,000, cost of goods sold $235,000, and net income $50,000 at the end of the year is xxxxxxxx.
Gross profit ratio (Gross margin) is the difference between revenue (sales) and cost of goods sold, divided by revenue. Gross margin will be expressed in percentage value.
Now, let's calculate the company's gross profit ratio
Gross profit = Net sales - cost of goods sold
= $350,000 - $235,000
= $115,000
Gross profit ratio = Gross profit / net sales
= $115,000 / $350,000
= 0.329 (rounded
Gross profit ratio = 32.9%
Therefore, the company's gross profit ratio is 32.9%
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profitability ratios are used to: show the speed with which resources can be converted to cash measure of the firm's ability to pay its current liabilities determine how efficiently a company is being managed measure the degree and effect of a firm's use of borrowed funds on its operation determine how efficiently a company's manages its retained earnings
Using information at a single point in time, profitability ratios are a class of financial measurements that are used to evaluate a company's capacity to generate profits in relation to its revenue, operating costs, balance sheet assets, or shareholders' equity over time.
What profitability ratio should you use?Since most industries often regard 10% as the average and 20% as high or above average, consider aiming for profit ratios between 10% and 20% while keeping an eye on the industry average.
What does profitability analysis mean?Enterprise resource planning (ERP) has a functionality called profitability analysis that enables administrators to forecast a proposal's profitability or improve the profitability of an ongoing project.
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Which of the following is not a product-level activity? A. Material handling. B. Inventory management. C. Engineering changes. D. Product design.
Product-level activity includes handling the materials, designing a product, managing stock or inventory, etc. but not Material handling. Therefore, choice D is the appropriate response.
A product-level activity is one that is performed to support a specific product or activity. Regardless of the degree of manufacturing or services associated with a certain product, these procedures are taken.
Product-level activities in an activity-based costing system are positioned close to the middle of the cost hierarchy.
The cost of a product manager, the cost of product design, the cost of product packaging design, the cost of issuing an engineering change order, and the cost of product advertising are a few examples of product-level operations.
Whereas, material handling includes moving raw materials from their original location to the place of use in manufacturing, manipulating them as a result of the production process, and moving finished products from factories and distributing them to customers or sales outlets.
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It is especially the case for small businesses that closer interactions and increased agility make __________ relatively more attractive.domestic suppliers
It is especially the case for small businesses that closer interactions and increased agility make domestic suppliers relatively more attractive.
Small businesses are distinct legal entities such as corporations, partnerships, or sole proprietorships that have fewer workers and/or lower yearly income than a regular-sized company. Depending on the nation and sector, several types of businesses may be considered "small" for the purposes of applying for government assistance and being eligible for special tax treatment. Small businesses can have as little as fifteen workers under the Australian Fair Work Act 2009, fifty employees in accordance with the EU's definition, and less than 500 employees to be eligible for various SBA programs in the United States.
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determine the factors that affect a person making right decision
Answer:
Several factors influence decision making. Those factors are past experiences, cognitive biases, age and individual differences, belief in personal relevance, and an escalation of commitment. Heuristics are mental shortcuts that take some of the cognitive load off decision-makers.
calistoga produce estimates bad debt expense at 0.30% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $473,000 and $1,610 respectively, at december 31, 2020. during 2021, calistoga's credit sales and collections were $327,000 and $307,000, respectively, and $1,810 in accounts receivable were written off. calistoga's final balance in its allowance for uncollectible accounts at december 31, 2021, is:
Calistoga's final balance in its allowance for uncollectible accounts at december 31, 2021, is $-3,236. Calistoga's bad debt expense is 0.30% of credit sales.
Calistoga's credit sales in 2021 were $327,000. Therefore, bad debt expense is 0.30% of $327,000, or $981.
At December 31, 2020, Calistoga's accounts receivable and allowance for uncollectible accounts were $473,000 and $1,610, respectively. During 2021, the company's collections were $307,000 and $1,810 was written off.
Therefore, the balance in Calistoga's allowance for uncollectible accounts at December 31, 2021 is $1,610 + $981 - $307,000 - $1,810 = $-3,236.
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Some performance assessments focus on processes, whereas others focus on products. Which of the following pairs best illustrates this distinction?
Observing how a student goes about developing a computer program vs. observing how well the final program actually works.
A pc program is a series or set of instructions in a programming language for a computer to execute. computer programs are one element of software program, which additionally consists of documentation and different intangible additives. laptop programming is the system of writing code to facilitate particular moves in a computer, software or software program application, and instructs them on a way to carry out.
The cause of a software affords the framework that units the route of the program, at the same time as the goals and goals offer a plan as to how the reason will be done. MS phrase, MS Excel, Adobe Photoshop, net Explorer, Chrome, etc., are examples of laptop programs.
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which of the following terms identifies the process of reviewing log files for suspicious activity and threshold compliance? answer phishing auditing scanning compsec
The term identifying with the process of reviewing log files for suspicious activity and threshold compliance is Auditing
Auditing is the process of reviewing and analyzing financial records, documents, and other information in order to determine their accuracy and compliance with laws, regulations, and standards. Auditing is often used as a tool for identifying and addressing potential security risks, as well as for ensuring compliance with regulations and standards
In the context of log files and suspicious activity, auditing may involve reviewing logs for unusual activity and analyzing them for potential threats or compliance issues. This can involve comparing the logs to predetermined thresholds or benchmarks to ensure that the activity being recorded is within acceptable limits.
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Assume that the current market equilibrium price for milk is $2.80 per galloon and that 5 million gallons are sold per day. If the government sets a price ceiling of $2.00 per gallon, which of the following is true
less than 5 million gallons of milk will be sold
The true statement is less than 5 million gallons of milk will be sold. Because of the price ceiling, the supply of milk declines.
The maximum legal price that can be demanded by the seller, as defined by the government, is generally referred to as the price ceiling.
The milk's equilibrium market price is $2.80.
The price cap is set below the $2 equilibrium market price for milk.
The milk supply will decline as a result of the price cap.
Lacking choices include "There will be an increase in milk consumption. Less milk will be available. More than 5 million gallons of milk will be sold, indicating that there will be an excess supply of milk on the market. Sales of milk will total less than 5 million gallons."
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assume office depot processes 2,500,000 photocopies per month at its service center. approximately 50% of the photocopies require collating. collating is currently performed by high school and college students who are paid $10 per hour. each student collates an average of 5,000 copies per hour. management is contemplating the lease of an automatic collating machine that has a monthly capacity of 6,000,000 photocopies, with lease and operating costs totaling $3,000, plus $0.05 per 1,000 units collated
The total costs of collating 1,000,000 per month is $3,050 and 2,000,000 per month is $3,100.
Collating is to assemble totally different items of written info in order that the similarities and variations is seen: to collate data/information. to gather and organize the sheets of a report, book, etc., within the correct order: The copier can collate the documents for you. assembling and amassing.
Operating costs are the continuing expenses incurred from the conventional regular of running a business. Operational costs embody each prices of products oversubscribed (COGS) and alternative operational expenses—often known as mercantilism, general, and body (SG&A) expenses.
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Assume Office Depot processes 2,500,000 photocopies per month at its service center. Approximately 50% of the photocopies require collating. Collating is currently performed by high school and college students who are paid $10 per hour. Each student collates an average of 5,000 copies per hour. Management is contemplating the lease of an automatic collating machine that has a monthly capacity of 6,000,000 photocopies, with lease and operating costs totaling $3,000, plus $0.05 per 1,000 units collated.
Required: Determine the total costs of collating 1,000,000 and 2,000,000 per month.
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Sales tax regulators ask retail (and other) companies for ______ to evaluate if their estimate of sales tax owed is close to the sales tax paid.
net sales
gross sales or net sales
gross sales
gross sales and net salesgross sales or net sales
Sales tax regulators ask retail (and other) companies for net sales to evaluate if their estimate of sales tax owed is close to the sales tax paid.
Sales tax is a tax on retail purchases. It is used to pay for nation and neighborhood finances objects like schools, roads and hearthplace departments. The Detailed Answer: Sales tax is a intake tax and is usually charged at the sale of merchandise from outlets to person purchasers.
A income tax is one which applies to the acquisition of products and offerings for purchasers and to the sale of products and offerings for businesses. It's a form of intake tax, that means it taxes human beings for spending money.
Sales Tax is a tax levied with the aid of using the Federal Government below the Sales Tax Act, 1990, on sale and deliver of products and on the products imported into Pakistan. Sales Tax on offerings is levied with the aid of using the Federal Government below The Islamabad Capital Territory (Tax on Services) Ordinance, 2001.
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