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fgiga [73]
3 years ago
6

The journal entry to record a return of merchandise purchased on account under a periodic inventory system would be

Business
1 answer:
pashok25 [27]3 years ago
4 0
Go to hw is hard .com
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It is efficient to continue an activity as long as the marginal benefit exceeds the marginal cost.
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Answer: True

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An organization decides to ask three advertising agencies to pitch a proposal to handle the organization's business, instead of
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C.

Explanation:

Satisficing is searching for and accepting something that is satisfactory rather than insisting on the perfect or optimal.

Managers tend to satisfice rather than optimize in considering and selecting alternatives.

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3 years ago
Last year Acme paid Ralph $15,000 to install a new air-conditioning unit at its headquarters building. The air conditioner did n
Fynjy0 [20]

Explanation:

a. Ralph is in charge of the land, with an implicit right to payment in compliance with right doctrine (North American Oil Consol. v. Burnet (1932, S.Ct.) 286 US 414). This year, however, gross sales are made, although they may be reimbursed later.

b. Unless he returns money to Acme this year, Ralph will be able to claim a deduction of $5,000. Although Ralph originally paid the $1,750 tax on invoice and only saved $1,400 on the reduction of the refund and because the repayment timing resulted in an additional $350 tax. As the amount refunded to Ralph is more than $3,000 according to IRC§ 1341a. This is possible for Ralph to use the taxes accrued in the next year from the same refund to cover taxes. So Ralph will say a tax offset of $1,750 instead of a deduction of $5,000.

c.The sum of the deduction must be more than $3,000, according to IRC § 1341(a). Because Ralph spent just $2,500, he is not liable for tax reduction deductions, but can only claim a refund deduction.

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3 years ago
The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the e
STatiana [176]

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A matter of timing

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The problem with fiscal policy that is created because of the recognition, legislative, implementation, effectiveness, and the evaluation and adjustment lags is called <u>a matter of timing.</u> The reason being that it can be difficult to time fiscal policy to shift the AD curve at the right moments.

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2 years ago
What are considered part of a country’s infrastructure?
Kazeer [188]
Infrastructure are buildings and facilities that support and serve the society. (Electric grids, sewer systems, roads, airports, railroads, etc.)
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