Answer:
Treasury Notes
Explanation:
In simple words, a treasury note refers to marketable security of United states government loans with a fixed rate of interest and a period of maturity ranging from one to ten years. Treasury notes are authorized with a favorable or un-competitive deal from the administration.
Treasury notes are hugely preferred investments by indivudals as there is a wide commercial market contributing to their flexibility. Interest payments for bills are rendered before completion every half year. Interest payment earnings are not subject to taxation at provincial or local level, but are taxed nationally, identical to Treasury bond.
Answer:
Production for the third quarter 159,500
Explanation:
Sales for the period 161,000
Desired ending inventory 4,600
Total production needs 165,600
Beginning Inventory (6,100)
Production for the third quarter 159,500
The sales for the period and the desired ending inventory are the total units we need for the quarted.
the beginning inventory reduces the production because are units we already have
Answer:
In Tolan's 2014 income statement, the royalty revenue should be <u>$103,000.</u>
Explanation:
In Tolan's 2014 income statement the royalty revenue will be royalty for January to June received in September 2014, and for July to December 2014 in March 2015
In the year 2014 received in September 2014 = $98,500 which is for the period Jan to June 2014
Royalty = 15% of sales
Sales estimate for July to December 2014 = $30,000
Royalty = $30,000 X 15% = $4,500
Total royalty income for 2014 = $98,500 received + $4,500 to be received in 2015 Mar 15 = $103,000
In Tolan's 2014 income statement, the royalty revenue should be $103,000.
Answer:
I believe the answer would be C
Explanation:
A conflict of interest is a situation where an individual has competing interests or loyalties. In the example given in C, the employee is supposed to be loyal to the company but appears to be taking advantage of it.
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Answer: Income tax 2017
$
Account income $145,000
Add depreciation 3750
Less capital allowance 7500
Balance. $141250
Tax. 42,375
North Dakota journal $
Dec 2017
Profit after tax Dr 42375
Cash CR. 42375
Tax payment for the year
