Answer: carriage forward means delivery is being laid by the buyer. Carriage paid means delivery is paid by the seller.
Do you have a question about it?
The amount that Vint and Gracie can claim for 2020 lifetime learning credit is <em>D. $600</em>.
Explanation:
Joint Modified Adjusted Gross Income for 2020 = $110,000
Tuition for the fall semester paid by Gracie = $3,000
Limit placed on lifetime learning credit = $2,000
Rate of lifetime learning credit = 20% of the first $10,000
Allowed lifetime learning credit = $600 ($3,000 x 20%)
<u>Answer Options</u>:
A. $0
B. $200
C. $400
D. $600
Thus, the amount that the couple can claim for 2020 lifetime learning credit is <em>D. $600</em>.
Learn more: brainly.com/question/14263483
Answer:
6,000
Explanation:
The computation of the total administrative expense allocated to the Meats department is shown below:
= (Total administrative expenses ÷ total square feet) × meat square feet
= ($15,000 ÷ 3,000) × 1,200
= 6,000
We simply do the proportion based on the meats department by dividing the total square feet
All other information which is given in the question is not considered. Hence, ignored it
Answer:
The correct option is D,$402,000.
Explanation:
In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization were deducted in income statement,for cash flow purposes we need to add both to net income.
Net income $315,000
add depreciation $90,000
amortization $15,000
loss on sale of equipment $9,000
less gain on sale of building($27000)
Cash flow from operations $402,000
The cash flow from operating activities as adjusted is $402,000.
