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2 years ago

What is the most common form of tax filing?

Business

2 answers:

saw5 [17]2 years ago

8 0

Answer:

1. Form 1040, U.S. Individual Income Tax Return. If you've ever wondered how the IRS calculates your income taxes, this is your one-stop form to unravel all the hidden gems. Form 1040 is where you declare your filing status, take your standard deductions, claim lucrative credits, and determine how much you owe the IRS.

brainlest pls

Studentka2010 [4]2 years ago

6 0

Form 1040, U.S. Individual Income Tax Return. ...

Form 1040-SR, U.S. Tax Return for Seniors. ...

Form W-2, Wage and Tax Statement. ...

Form W-4, Employee's Withholding Certificate. ...

Form W-4P, Withholding Certificate for Pension or Annuity Payments. ...

Form 1099-MISC, Miscellaneous Income.

I hope this helps!!

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When the mutually exclusive alternatives under consideration have only disbursements (service alternatives), the do-nothing alte

kondaur [170]

Answer: False

Explanation:

When more than one alternative can be selected from those available, the alternatives are said to be mutually exclusive. In evaluating independent alternatives, each alternative is compared against the "Do Nothing" alternative.

For mutually exclusive alternatives, the do-nothing is a viable option when revenue alternatives are involved.

4 0

3 years ago

TIME REMAINING

iren [92.7K]

Answer: insurance services

Explanation:

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2 years ago

Roadtec Tire Company has a corporate culture that emphasizes an internal focus on the involvement and participation of employees

Otrada [13]

Answer: (D) Involvement culture

Explanation:

According to the given question, the involvement culture is one of the type of corporate culture that helps in focusing the various types of internal functions such as the involvement and also the participation of the employees in an organization.

The road-tech tire is one of the company that possess the involvement corporate culture for its family like environment and caring nature for the employees.

The main advantage of the involvement culture is that it helps in reduce the stressful environment of an organization and also providing the various types of economical and social based benefits.

Therefore, Option (D) is correct answer.

5 0

3 years ago

Novak corp. sells a snowboard, ezslide, that is popular with snowboard enthusiasts. below is information relating to novak corp.

Rom4ik [11]

Answer:

a. The value of ending Inventory using FIFO is $2749.

b. The value of ending Inventory using LIFO is $2667.

c. The value of ending Inventory using Average Cost method is $2713.

We have:

Date Explanation Units unit cost Total Cost

Sep-01 inv 11 97 1067

Sep-12 purchases 44 100 4400

Sep-19 purchases 47 101 4747

Sep-26 purchases 22 102 2244

Total 124 12458

Novak sold 97 snowboards, so the number of snowboards with it at the end of September is $124 -97 = 27 units$ .

If Novak adopts First In First Out (FIFO) method, and 27 units are remaining, all 22 units purchased on Sept-26th and $27 -22 = 5 units$ from the purchases made on Sept-19th will remain in inventory.

So the value of inventory using FIFO will be $(22* 102) + (5*101) = 2749$

If Novak adopts Last In First Out (LIFO) method, all 11 units in inventory on Sept-01st and $27 -11 = 16 units$ from the purchases made on Sept-12th will remain in inventory.

Hence inventory value using LIFO will be $(11* 97) + (16*100) = 2667$

We calculate the Average cost by dividing the Total Cost by total number of units purchased.

$Average Cost = \frac{12458}{124} = 100.468$

The value of inventory using the average cost method is $100.648 * 27 =2713$ .

3 0

3 years ago

Read 2 more answers

Merchandise inventory is found on the balance sheet as a a. current asset. b. long-term asset. c. long-term liability. d. curren

scoray [572]

Answer:

a. current asset

Explanation:

The merchandise inventory are the goods the business sales as their main operation. They are expected to be ready to sale therefore, ready to be converted to cash within the period, therefore will be current assets.

Unless the company do an specific mention and a certain amount of goods that will expected to be sold in a period of time greater than a year, all merchandise inventory will be current. These specific units will be considered non-current as their are expecteed to be converted to cash i na period greater than 1 year.

7 0

3 years ago