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lesantik [10]
3 years ago
9

We cannot provide any information about your refund. be sure to: verify your filing date; check with your tax preparer if you fi

led a complete and accurate tax return, your refund should be issued within six weeks of the received date. processing may take longer under certain circumstances.
Business
1 answer:
stira [4]3 years ago
5 0
Verify your filing date...
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Glaston Company manufactures a single product using a JIT inventory system. The production budget indicates that the number of u
LenKa [72]

Answer:

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Explanation:

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8 0
3 years ago
Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0
Tatiana [17]

Answer:

See explanation

Explanation:

                       Armstrong Co.

          Multi-step Income Statement

  For the year ended, December 31, 20YY

Sales                                              $755,000

<u>Less: Cost of merchandise sold   (330,000)</u>

Gross Profit                                                    $425,000

Less: Operating expenses

Administrative expenses  $35,000

Selling expenses               $50,000

<em><u>Total operating expenses                               $85,000</u></em>

Income from operation                                 $340,000

Other revenue and expenses:

Rent Revenue                    $25,000

interest expense               ($30,000)

<u>Total other revenues (expenses)                      $(5,000)</u>

Income before taxes                                      $335,000

<u>Less: Income Tax                                                     0</u>

Net Income (loss)                                           $335,000

That is the appropriate way to prepare a multi-step income statement

3 0
3 years ago
True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. True
kramer

True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question.  <u>False</u>

<h3>What is goal?</h3>

A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.

A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.

To learn more about goal from the given:

brainly.com/question/1512442\

#SPJ4

8 0
1 year ago
Suppose Country A and Country B each have the same real Gross Domestic Product (GDP), equal to $440 billion. Country A has 100 m
Gennadij [26K]

Answer:

1. higher in Country A

Explanation:

Given: Gross domestic product (GDP)= $440 billion.

           Country A has 100 million people.

           Country B has 175 million people.

Real Gross Domestic Product (GDP): It is defined as the entire output produced annually that includes factors such as inflation and is adjusted for price changes.

Per capita real Gross Domestic Product (GDP): It gives the annual salary for the country and shows the quality of living.

Now calculating per capita real Gross Domestic Product (GDP) for both the countries.

Formula; Per capita GDP= \frac{GDP}{Population}

<u>Country A</u>

⇒ Per capita GDP= \frac{440\ billion}{100\ million}

We know one billion= 1000 million.

⇒ Per capita GDP= \frac{440\times 1000}{100}

∴ Per capita GDP= \$4400\ million

<u>Country B</u>

⇒ Per capita GDP= \frac{440\times 1000}{175}

∴ Per capita GDP= \$ 2514.28 \ million

Hence, comparing both Per capita GDP of country A and B will get Country A have higher per capita GDP.

8 0
3 years ago
Over a 17-year period an investment of $1,475 in common stocks returned an average of 10% in nominal terms and 3% in real terms.
Roman55 [17]

Answer:

The nominal value at the end of 17 years =  $7,455.34

The real value at the end of 17 years =  $2,437.95

Explanation:

Value at the end of 17 years = present value x (1+ interest rate)^t

The nominal value at the end of 17 years = $1,475 x (1.1)^17 = $7,455.34

The real value at the end of 17 years = $1,475 x (1.03)^17 = $2,437.95

7 0
2 years ago
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