Answer:
Reclaiming
Explanation:
From the question we were told tha refrigerant "Reclaiming" is to reprocess refrigerant to new product specifications as set by Environmental Protection Agency (E.P.A.).
Reclaiming is the process of reforming, or to turn wastes refuse through industrial process or natural process into a useful products or substance.its a means in which usable material is been generated from. by products which is achieved through following the rules set by
Environmental Protection Agency (E.P.A.). for safety of all.
<span>To calculate the cost of goods sold we use the following formula:
beginning inventory + the cost of goods purchased or manufactured = cost of goods available ending inventory.
Since there was no beginning balance in inventory account and all goods were sold we can assume that cost of goods = total costs for the period.
Adding up all costs for the period comes to $173,000.</span>
Answer:
$16,800
Explanation:
Calculation to determine what Lincoln Company's work opportunity credit is
Work opportunity credit= $6,000 * .40 *7
Work opportunity credit = $16,800
Therefore Lincoln Company's work opportunity credit is $16,800
Answer:
Judy may deduct $54,000 of the net losses.
Explanation:
2018 Passive Activity Limitations $39,500
Passive Income ($33,500) – loss allowed to the extent of passive income
Suspended Passive Activity Limitations $6,000
2019 Passive Activity Limitations $69,500
Passive Income ($21,500) – loss allowed to the extent of passive income
Suspended Passive Activity Limitations $48,000
$54,000 Suspended Passive Activity Limitations
Answer:
Income statement will have an increased expense of $4.8 million and Revenue and cost of goods sold will decrease. In balance sheet the inventory will be decreased by the amount of crib toy inventory available.
Explanation:
Income Statement will show an expense of $4.8 million in this period as the cost of recall of inventory due to health hazard. Also sales and cost of goods sold will decrease by the amount of sales of crib toy in sales and by the amount of crib toys cost in cost of goods sold and will ultimately result in decrease in a gross profit of a company.
In the Balance Sheet the amount of Inventory will be decreased by the amount of crib toys available in stock.
