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alexgriva [62]
3 years ago
11

A forecast that addresses the business cycle by predicting planning indicators is

Business
1 answer:
zloy xaker [14]3 years ago
3 0

Answer:

B. a demand forecast.

Explanation:

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Highland Clothing purchased​ land, paying $ 92 comma 000 cash and signing a $ 300 comma 000 note payable. In​ addition, Highland
Tpy6a [65]

Answer:

The Journal entry is as follows:

Land A/c         Dr. $400,850

   To Cash A/c                               $100,850

   To Notes payable                      $300,000

(To record purchase of land with cash and notes payable)

Workings:

Purchase price of land = $392,000

Total cost of land:

= Purchase price of land + Property taxes + Title insurance + Removal of building

= $392,000 + $2,100 + $950 + $5,800

= $400,850

5 0
3 years ago
WILL GIVE BRAINLIEST
beks73 [17]

Answer:

D.

Explanation:

Articulated credit let's you get credit from high school and transfer it to college.

8 0
2 years ago
Read 2 more answers
How old do you have to be to host at applebee?
ratelena [41]
You have to be eighteen or older.
8 0
3 years ago
Calico Corners decides to sell $400,000 of its accounts receivable to Fast Cash Factors Inc. Fast Cash Factors assesses a servic
Vilka [71]

Answer:

Explanation:

The journal entry is shown below:

Cash A/c Dr                                $388,000

Service charge expense A/c Dr $12,000

     To Account receivable A/c                  $400,000

(Being sale is recorded)

The service charge is an expense that is why it is debited and it is computed by

=  Sales ×  service charge

= $400,000 × 3%

=  $12,000

Since the sales is made so the company would received the cash that is why we debited the cash account and credited the accounts receivable account

8 0
3 years ago
Phyllis, Inc., earns book net income before tax of $600,000. Phyllis puts into service a depreciable asset this year, and its fi
Darya [45]

Answer:

$126,000

Explanation:

Calculation to determine Phyllis's total income tax expense reported on its GAAP financial statements

Using this formula

Total income tax expense=Net income before tax*U.S. tax rate

Let plug in the formula

Total income tax expense=$600,000*21%

Total income tax expense=$126,000

Therefore Phyllis's total income tax expense reported on its GAAP financial statements is $126,000

6 0
3 years ago
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