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2 years ago

True or false: The first decision that is necessary to make merchandise flow is to choose a transportation company.

Business

1 answer:

pantera1 [17]2 years ago

8 0

Answer:

False

Explanation:

What is a transportation company called?

Courier companies are usually spin-offs from freight forwarders.
There are various types of courier companies, such as airfreight courier companies or road couriers.

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The following information pertains to Wald Corp.'s operations for the current year: Worldwide taxable income $300,000 U.S. sourc

denis-greek [22]

Answer:

The amount of foreign tax credit may Wald claim for the current year is $36,600

Explanation:

For computing the claim for the foreign tax credit, we have to do the proportionate of U.S. income tax before foreign tax credit based on Foreign non-business-related interest, Other foreign sources taxable income to the Worldwide taxable income.

In mathematically,

Foreign tax credit based on non business-related which equals to

= (Foreign non business-related interest ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit

= ($30,000 ÷ $300,000) × $96,000

= $9,600

Foreign tax credit based on Other foreign source taxable income which equals to

= (Other foreign source taxable income ÷ Worldwide taxable income) × U.S. income tax before foreign tax credit

= ($90,000 ÷ $300,000) × $96,000

= $28,800

The lower of $28,800 and $27,000 so, $27,000 as it includes the foreign income taxes paid

So, The total amount of foreign tax credit equals to

= $9,600 + $27,000

= $36,600

8 0

3 years ago

Think through the SWOT analysis and think about your personal product offering. Focus on the specific value you would bring to t

Svetllana [295]

Answer:

Following are the responses to the given question:

Explanation:

I possess good leadership qualities that distinguish me from other potential people. I also strong position in leading groups. In contact I'm fine. I'm nice. I convey my thoughts but also hear everything they have and say quite well in front of others. I am now a logical thinking instructor and make rational and factual decisions. I am supermotard and face a difficult problem while other potential employees may try to avoid problems or challenges and run away from them.

Its business I am employed for is better for me since I could be a great asset for the business which can successfully do any job it could do. For every job or job that my boss provides to me, I'd try my support. I'm timely but good for individuals who are very important to influence and manage. Let us say that I'll be a salesperson so I can influence customers or their selection of purchase by my social skills. I'd use my abilities and close the boss's sales contract.

7 0

4 years ago

Revenues are ______. earned by selling goods or services to customers the amount of cash a company has left after it has paid it

taurus [48]

Answer:

earned by selling goods or services to customers.

Explanation:

Revenues are earned by selling goods or services to customers.

This ultimately implies that, revenues are typically the income that are being generated from the provision of goods and services to meet the needs or wants of customers, as well as discounts and deductions for returned products.

<em>Generally, revenues forms the first line item reported on the income statement or is the beginning of an income statement</em>.

4 0

4 years ago

Flagg records adjusting entries at its December 31 year-end. At December 31, employees had earned $12,000 of unpaid and unrecord

mamaluj [8]

Answer:

The journal entry for the following is shown below:

Explanation:

The journal entry for the salary which is paid on January 3 is as:

January 3

Salaries expense A/c..........................Dr $30,000

Cash A/c..............................................Cr $30,000

As the salary is paid worth $30,000, so the salary expense is decreasing and any decrease in expense is debited. Therefore, the salary expense account is debited. And it paid against the cash and the cash is going out of the business and any decrease in cash will be credited. Therefore, the cash account is credited.

3 0

4 years ago

On October 1, Lawrence Company borrowed $60,000 from Fourth National Bank on a 1-year, 7% note. If the company's fiscal year end

Olegator [25]

Answer:

Lawrence should make an entry to increase c. interest payable, $1,050

Explanation:

The interest amount Lawrence Company had to pay for the note:

$60,000 x 7% = $4,200

In Lawrence's fiscal year ends on December 31, following 3 months of borrowing the $60,000. Following the Accrual basis, the company should make an adjustment entry to record interest expense with amount:

$4,200/12 x 3 = $1,050

The entry:

Debit Interest expense $1,050

Credit Interest payable $1,050

7 0

4 years ago