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Harlamova29_29 [7]
3 years ago
8

Which is NOT a major expense category?

Business
2 answers:
bija089 [108]3 years ago
8 0

Answer:

D

Explanation:

Food. Because you can get a Burger for a dollar..

Anestetic [448]3 years ago
5 0

Answer:

The answer is: C) electricity

Explanation:

Electricity is part of the Utilities and Services category (electricity, gas, water, cable, internet), it is not a category by itself. Some people include utilities and services under housing, but that is a mistake since housing expenses usually include rent or mortgage payments, house insurance, property taxes, maintenance and repairs.  

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Using the FIFO method, the cost of inventory at the end is $15,500, and the market price is $14,500. Using the lower-of-cost-or-
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Answer:

Inventory Cost = $14,500

Explanation:

Using the lower of cost or market method implies firstly valuing the inventory at the purchased cost (historical cost). But as the value of a good can change and if the price at which the inventory can be sold falls below its net realizable value the loss (and new value) must be recorded. It is a method for adjusting asset values in subsequent reporting periods.

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Marc and Michelle are married and earned salaries this year of $69,200 and $13,950 respectively. In addition to their salaries,
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Answer:

The answer is below

Explanation:

a)  

Gross income = Marc salary + Michelle salary + corporate bond interest = $69200 + $13950 + $1150 = $84300

AGI deductions = contribution + alimony = $3150 + $2150 = $5300

Adjusted gross income = Gross income - AGI deductions = $84300 - $5300 =$79000

Let us assume married filing jointly = $24000

Itemized deductions  = $7300

Greater of married filing jointly and Itemized deductions = married filing jointly = $24000

personal and dependency exemptions = $4050 per person

Therefore personal and dependency exemptions for Marc, Michelle and their child = 3 * $4050  = $12150

total amount of Marc and Michelle's deductions from AGI = Greater of married filing jointly and Itemized deductions + personal and dependency exemptions = $24000 + $12150 = $36150

b) Adjusted gross income = Gross income - AGI deductions = $84300 - $5300 =$79000

4 0
2 years ago
Activities performed by an applicant after an interview intended to express continued interest in employment with the
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Answer:

  • Activities performed by an applicant after an interview intended to express continued interest in employment with the company are referred to as follow-up activities
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chase lives in oregon but works for a company in florida. what business trend is this an example of?
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Cafeteria Plan

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The cafeteria plan is minimum benefits that the employer have to provide or personally provide to all the employees working in its organization. In some jurisdictions like USA and Europe, the employer has to provide minimum level of facilities and benefits to the employee which inculdes healthcare, pension contributions, etc.

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