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3 years ago

Global reserves of oil, gas, and coal are still abundant. a. True b. False

1 answer:

3 0

I think the answer must be True! Because the scientist are uncertain of how long the resources will be last. Hope it helped you! Have a great day! :)

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Which property of an object describes how easily electricity travels trough it?

MaRussiya [10]

The conductivity of the object

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3 years ago

Freeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee points

muminat

Answer:

thx lol

Explanation:

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3 years ago

Read 2 more answers

For Tax Year 2019, amounts are indexed using the Chained Consumer Price Index for All Urban Consumers ("chained CPI"). What impa

Effectus [21]

Answer:

d. Using the chained CPI will not have a notable impact on 2019 tax returns.

Explanation:

when amounts are indexed using the chanined consumer price index, they increase slowly because there is a period to period connection in the consumer price index.

Therefore, The use of the chained consumer price index would have not have any significant impact on 2019 tax returns.

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3 years ago

A small foundry agrees to pay $220,000 two years from now to a supplier for a given amount of coking coal. The foundry plans to

MaRussiya [10]

Answer:

A) $24,602

Explanation:

We can solve this question by finding the periodic deposits needed by using the formula:

$FV=PMT*\frac{(1+i)^n-1}{i}$

where:

FV= future value = $220,000

PMT = periodic deposits required = ???

i = effective interest rate per period = 0.0331

n= number of deposits = 8

However, since the interest is compounded monthly, let's also calculate the effective interest rate

Effective interest rate = $(1+\frac{r}{m}) ^m-1$

where; r = 12.5% = 0.125

$(1+\frac{0.125}{12})^{12} -1$

= 0.1324

Interest rate per period = $\frac{0.1324}{4}$

= 0.0331

Then;

$220,000=PMT*\frac{(1+0.033)^8-1}{0.033}$

220,000 = PMT × 8.986

PMT = $\frac{220,000}{8.986}$

PMT = $ 24,482.5

Since A) $24,602 is closer to $ 24,482.5

Therefore, $ $24,602 must be deposited every three months

3 0

4 years ago

During January, Luxury Cruise Lines incurs employee salaries of $2.9 million. Withholdings in January are $221,850 for the emplo

Bad White [126]

Explanation:

The journal entries are shown below:

a. Salaries expense $2,900,000

To Income tax payable $616,250 ($435,000 + $181,250)

To FICA tax payable $221,850

To Account payable $29,000

To Salaries payable $2,032,900

(Being the employee salary expense, withholdings, and salaries payable is recorded)

b. Salaries expense $87,000

To Account payable $87,000

(Being the employer-provided fringe benefits is recorded)

c. Payroll tax expense $179,800

FICA tax expense $221,850

To Unemployment tax payable $401,650

(being the employer payroll taxes is recorded)

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3 years ago