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3 years ago

Electronic audio and video devices are never used by terrorists for surveillance purposes. true or false

1 answer:

5 0

The answer would be false. Since they are terrorists, they would likely scheme and plot in ways where they won’t get caught so it is likely that they will use devices in monitoring their surroundings in a way of helping them carry out their plans, devices they use may be electronic audio and video devices which could be seen in the statement above.

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Esquire Comic Book Company had income before tax of $1,700,000 in 2016 before considering the following material items:

marshall27 [118]

Answer:

Esquire Comic Book Company

Income Statement

For the Year Ended December 31, 2016

Income from continuing operations $1,700,000

Restructuring costs ($75,000)

Income form continuing operations before taxes $1,625,000

Income taxes ($650,000)

Net income from continuing operations $975,000

Discontinued operations:

Income from discontinued operations $640,000

Loss on disposal of division ($420,000)

Income from discontinued operations before taxes $220,000

Income taxes ($88,000)

Net income from discontinued operations $132,000

Total net income $1,107,000

7 0

4 years ago

Jamie and Maria invested all of their savings in a small pizzeria they opened outside the University of Western Kentucky. They o

kodGreya [7K]

Answer: Sell their personal assets

Explanation: In the given case, James and Maria were the owners of a firm which has a partnership structure and not the company structure. As per the law, the owners and the firm in a partnership structure would not be considered as two separate legal entities.

In case of any default or liquidation , the personal assets of the owners of the firm could be taken into consideration for repayments of debt.

Hence Maria and Jamie can sell their assets to repay $37,500.

4 0

3 years ago

Cranford Company completed and transferred out 2,700 units in May 2016. There were 300 units in the Work-in-Process Inventory on

Lynna [10]

Answer:

The cost of the work transferred-out during May is $18,630

Explanation:

For computing the cost of work transferred, first we have to compute the conversion cost per unit and material cost per unit

The conversion cost per uni = Conversion cost ÷ (transferred units + work in progress)

= $11,160 ÷ (2,700 + 300 × 30%)

= $11,160 ÷ (2,700 + 90)

= $11,160 ÷ 2,790

= $4 per unit

Now, material cost per unit = Material cost ÷ (transferred units + work in progress)

= $8,700 ÷ (2,700+300)

= $8700 ÷ 3,000

= $2.9 per unit

So, total cost of the work transferred is equals to

= Transferred units × conversion cost per unit + transferred units × material cost per unit

= 2,700 × $4 + 2,700 × $2.9

= $10,800 + $7,830

= $18,630

Hence, the cost of the work transferred-out during May is $18,630

6 0

3 years ago

Agnes sold 50 shares of ABC stock to her son, Steve, in year 4 for $42,000. She bought the stock eight years ago for $50,000. St

DENIUS [597]

Answer:

None, he will have to declare by the beginning of year seven

4 0

3 years ago

Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's sec

Solnce55 [7]

Answer: Financial Intermediation.

Explanation:

Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.

6 0

4 years ago