Answer:
a. $28,000
b. $6,000
Explanation:
The computation of Shammy's share and Sammy share in Long term capital gain is shown below:-
a. Non separately income = Operating income + Depreciation recapture income - Cost of goods sold -ADM expense - Depreciation
= $100,000 + $25,000 - $40,000 - $5,000 - $10,000
= $70,000
Shammy's Share = Non separately income × Sammy Percentage
= $70,000 × 0.40
= $28,000
b. Sammy share in Long term capital gain = Long-term capital gain from stock sale × Sammy Percentage
= 15,000 × 0.40
= $6,000
Answer:
C.a debit to Sales Returns and Allowances and a credit to Accounts Receivable.
Explanation:
The journal entry to record the returns of merchandise is shown below:
Sales return and allowance A/c Dr XXXXX
To Accounts receivable XXXXX
(Being sales return is recorded)
Basically we debited the sales returns and allowances and credited the account receivable so that the proper recording could be made.
Answer:
Throughout the text, Thoreau uses repetition, particularly parallel structure. Example:
"Simplify, simplify"
Explanation:
Thoreau tends to use embedded repetition to emphazise a point, as urging the readers to stop burying themselves in never-ending impossible tasks and simplify their lives with: "Simplicity, simplicity, simplicity!", or in paragraph 2: maybe creating a mantra-like urging, using also derivatives of words: "live, "life": Simplify, simplify".
The annual interest rate is 195.1%.
<h3>What is interest rate?</h3>
Interest rate is the cost of borrowing. It is the amount the borrower pays the lender for the use of the lender's funds. Interest rate increases the amount borrowed by the interest rate.
<h3>What is the annual interest rate?</h3>
Annual interest rate = (1 + biweekly interest rate) ^number of compounding - 1
Number of compounding = 52 / 2 = 26
(1.0425)^26 - 1 = 195.1%
To learn more about interest, please check: brainly.com/question/26367706
I think it's C
I hope it helped you!