Answer:
Stockholders’ equity ≡ Assets −Liabilities
Explanation:
The Balance Sheet equation is also known as the Accounting equation. It can be written in 3 ways as :
Assets = Equity + Liabilities
or
Equity = Assets - Liabilities
or
Liabilities = Assets - Equity
Answer:
x = 
or 
Explanation:
The cardboard box is in the shape of a cube. The surface area of the box is given by:
S = 6
To find the inverse, we have to solve for x. To solve for x means we will make x the subject of the equation above
Divide both the right and left hand side by 6, we have:
6 ÷ 6 = S ÷ 6 ⇒ = 
=
Take the square root for both the right and left hand side, we have:
= 
⇒ x =
x = or
Therefore, x is equivalent to the square root of (S/6)
Answer:
It appears on the surface that Simon must give the stock to Fred and let Fred sell it, because Fred is in the higher tax bracket (i.e., 22% compared to Simons 12%). But for gift property, the basis of loss to the donee is the lower of (1) the adjusted basis of the donor, or (2) the amount of fair market value (FMV) on the date of the gift. Thus as Fred cannot take benefit of the loss, Simon must sell the stock, deduct the realized loss, and sales proceeds should be given to Fred.
When Simon sells the stock and handover the sale proceeds to Fred, in that case the capital gain received from the stock's sale will be taxed on Simon as per his tax bracket. The transfer of sale proceeds to Fred will not have any impact on tax.
Answer: $11920 Overapplied
Explanation:
We have to calculate the Predetermined overhead rate which would be:
= Estimated total manufacturing overhead / Estimated amount of the allocation base
= $355,680 ÷ 14,400 direct labor-hours
= $24.70 per direct labor-hour
Since the actual hours is 10,800 hours, therefore, the applied overhead would be:
= 10,800 × 24.70
= $266,760
Since the actual overhead = $254,840, then the overapplied Overhead would be:
= $266,760 - $254,840
= $11920 Overapplied
An important role that IS plays in management control processes includes is Communication.
<h3>What role does management plays in an organization?</h3>
IS is known to have three important roles in management control processes. These processes are said to be;
- Data collection
- Evaluation
- Communication
Management often operates via functions such as planning, organizing, staffing and others.
Learn more about management from
brainly.com/question/1276995
