Answer: Political Preference
Explanation: You cannot judge anyone based on their political views.
Answer: Tax refund of $1,800
Explanation:
The tax due (refund) for the Fernandezes is;
= Tax liability - (Prepayment + Child tax credit)
= 2,100 - ( 1,900 + 2,000)
= 2,100 - 3,900
= ($1,800)
Answer:
The correct answer is letter "D": must be long-lived and used by the company in its normal operations.
Explanation:
Fixed assets are tangible resources used by a corporation to produce profits. To qualify as a fixed asset, the item can not be consumed or sold in less than one year and be part of the daily operations of the business. Fixed assets are listed on the balance sheet of the company and are subject to depreciation.
Examples of fixed assets include <em>buildings, factories, leasehold improvements, computers, electronic hardware, furniture, automobiles, </em>and <em>construction equipment.</em>
Answer:
Arnett should include shipments 2 and 3 in their inventory
Explanation:
merchandise inventory: $82,600
- shipment 1: $6,400 FOB destination NOT INCLUDED IN INVENTORY
- shipment 2: $6,600 FOB destination to a customer ⇒ INCLUDED IN INVENTORY
- shipment 3: $5,200 FOB shipping point ⇒ INCLUDED IN INVENTORY
- shipment 4: $4,300 FOB shipping point to a customer NOT INCLUDED IN INVENTORY
Arnett should include shipments 2 and 3 in their inventory, so their total inventory should be $82,600 + $6,600 + $5,200 = $94,400
FOB destination means that the title of the goods belongs to the seller until the shipment reaches the customer's warehouse. So shipment 2 still belongs to Arnett until it reaches its customer's warehouse.
FOB shipping point means that the title of the goods belongs to the buyer immediately after the goods left the seller's warehouse. So shipment 3 belongs to Arnett as soon as it left the supplier's warehouse.
Answer:
it depends on your passion and the amount of attention you give