I believe that it depends on the individuals skills if they match up well enough to the qualities of starting a business and they must know the risk they are taking with a new business so in most cases I think people should continue to look for employment
Answer:
$61,500.
Explanation:
Given that,
Beginning cash balance on September 1 = $7,500
Cash receipts from credit sales made in August:
= $150,000 × 70%
= $105,000
Cash receipts from credit sales made in September:
= ($150,000 × 1.20) × 30%
= $54,000
Cash disbursements from purchases made in August:
= $100,000 × 75%
= $75,000
Cash disbursements from purchases made in September:
= $120,000 × 25%
= $30,000
Ending cash balance September 30:
= Beginning cash balance + Cash receipts from credit sales made in August + Cash receipts from credit sales made in September - Cash disbursements from purchases made in August - Cash disbursements from purchases made in September
= $7,500 + $105,000 + $54,000 - $75,000 - $30,000
= $61,500.
Answer:
He can choose to defer the recognition of the income until next year, only if the income is not recognized for financial accounting purposes.
hey there!:
1)
a) Amount of credit the company would receive against the FUTA tax for its SUTA contributions = 2896.21
(56900*3.1%*90%)+(56900*(5.4%-3.1%)) = 2896.21
b) Amount that Peroni Company would pay to the federal government for its FUTA tax = 517.79
(56900*6%)-2896.21 = 517.79
c) Amount that the company lost because of its late payments = 176.39
=517.79-(3414-1763.9-1308.7) = 176.39
Hope that helps!
Answer:
The Answer is gonna be Yes