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qaws [65]
2 years ago
7

If we receive a refund from our federal income tax, what does this mean?

Business
1 answer:
pantera1 [17]2 years ago
7 0
Hello
the best answer is a
the government owns u money because u didn't make enough

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"true or false: effective communication involves not only sending information but also receiving it."
goblinko [34]
True...........!!!!!!
4 0
3 years ago
In 2 hrs, Whitney can make 4 dozen cookies or 2 peach tarts. Her friend, Amy, can make 7 dozen cookies or 1 peach tart.
bogdanovich [222]

Answer: 4 dozen cookies and 1 peach tart

Explanation:

Whitney can make:

4 dozen cookies or 2 peach tarts in 2 hours

Amy can make:

7 dozen cookies or 1 peach tart in 2 hours

Here, we assume that there is only 2 hours of production

Cookies:

If Whitney specialize in cookies and there is no production of tart but only the production of cookies by Whitney, then,

Total production of cookies = 4 dozen cookies

Tart:

If Amy specialize in peach tart and there is no production of cookies but only the production of peach tart by Amy, then,

Total production of peach tart =  1 peach tart

3 0
2 years ago
Explain the 5 methods used to measures national income​
mart [117]

Answer:

National income can be measured through three different methods. The methods are as follows:

1. Product method

In this method National income is determined by the market value of all the final goods and services produced within a nation during a fixed time period.( The goods and Services does not include intermediate goods.)

2. Expenditure method

Under this method the national Income is determined by the total spending on final goods and services which are produced within a nation in a fixed time period.

3. Income method

As the name suggests , national Income under this method is calculated by adding the incomes received by producers.

Explanation:

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3 0
2 years ago
A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
slavikrds [6]

Answer:

Follows are the solution to this question:

Explanation:

In point A:

\text{Accelerating layering  Forecast July= }(\text{Actual demand of June} \times 0.20) + ( \text{Forecast demand of June} \times  (1 - 0.20))

= ( 38 \times 0.2) + ( 43 \times  0.8)\\\\= 7.6+ 34.4\\\\=42

In point B:

\to Forecast \ \  August = (44 \times 0.2) + ( 43.2 \times 0.8)

                                 =8.8+34.56 \\\\=43.36

In option C:

Its right choice is to track the seasonality of the processing requirements of the control centre.

6 0
3 years ago
For each of the following transactions or adjustments, indicate the effect of the transaction or adjustment on assets, liabiliti
Alja [10]

Answer:

a. Recorded $200 of depreciation expense.

depreciation expense 200 debit (-net income)

 accumulated depreciation  200 credit (-assets)

b. Sold land that had originally cost $9,000 for $13,000 in cash.

cash 13,000 debit +assets

  land             9,000 credit -assets

 gain on sale 4,000 credit +net income

c. Acquired a new machine under a financing lease. The present value of future lease payments, discounted at 11%, was $11,000.

machinery  11,000 debit +assets

 lease liability 11,000 credit +liability

d. Recorded the first annual payment of $2,800 for the leased machine (in part c).

lease liability 2,800 debit -liability

cash                     2,800 credit -assets

d. Recorded a $5,900 payment for the cost of developing and registering a trademark.

trademark 5,900 debit +assets

cash  5,900 credit -assets

e. Recognized periodic amortization for the trademark (in part e) using a 34-year useful life.

 amortization 173 debit -net income

trademark 173 credit -asset

f. Sold used production equipment for $16,000 in cash. The equipment originally cost $45,000, and the accumulated depreciation account has an unadjusted balance of $23,700. It was determined that a $1,800 year-to-date depreciation entry must be recorded before the sale transaction can be recorded.

book value  45,000 - 23,700 - 1,800 = 19,500

sale price = 16,000  loss of 3,500

cash                             16,000  debit +assets

acc depreciation        23,700 debit +asset

depreciation expense  1,800 debit -net income

loss on disposal           3,500 debit -net income

equipment                                   45,000 credit -assets

Explanation:

We follow the accounting principles:

debit = credit

asset + expense = liabilities + equity + expenses

DEBIT //  CREDIT           DEBIT //  CREDIT

----------------------          ---------------------------------

+++++   //  --------             ------- ///    +++++++

Left side increase fro mdebit and decrease from credit

right side increase through credit decrease with debit.

7 0
3 years ago
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