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Nataliya [291]
3 years ago
12

A customer buys a municipal bond in the secondary market at 96 that has 4 years to maturity. Two years later, the customer sells

the bond at 99. The tax consequences of this investment are:
Business
1 answer:
Stolb23 [73]3 years ago
3 0

the correct answer will there in the book left page

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​Mid-Town Auto Parts Company uses the direct method to prepare its statement of cash flows. Refer to the following information r
Lera25 [3.4K]

Answer:

Collection from Customers =$487,000

Explanation:

Collection from Customers=account receivable beginning balance+sales revenue-account receivable ending balance

=97000+$519,000-$65,000

=$487,000

7 0
3 years ago
Donovan Company incurred the following costs while producing 500 units: direct materials $10 per unit, direct labour $25 per uni
Dafna1 [17]

Answer:

Option (D) is correct.

Explanation:

Unit product cost:

= Direct materials + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead

= $10 + $25 + $15 + $20

= $70

Operating income using absorption costing:

= (500 units × $100) - (500 units × $70) - (500 units × $5) - $7,500

= $50,000 - $35,000 - $2,500 - $7,500

= $5,000

8 0
3 years ago
Samuelson and Messenger (SAM) began 2021 with 210 units of its one product. These units were purchased near the end of 2020 for
ivann1987 [24]

Answer:

<u>FIFO</u>

Ending inventory: = 6745

Cost of goods sold: = 5120

<u>AVERAGE</u>

Ending inventory: 6215

Cost of goods sold: = 5650

Explanation:

The FIFO (First input, first output) method allows you to make an inventory valuation, taking into account that the first items that enter the stock are the first ones that come out.

In the method of valuation of weighted average cost inventory, a weighted average is used to determine the cost of goods sold and the value of the inventory.  To do this, the cost of the goods available for sale is divided by the number of units available for sale.

<em>(See the attached form to see the calculations)</em>

Download docx
3 0
3 years ago
Which of these is an example of feedback? A. Asking your supervisor if you are doing something the right way B. Joining your cow
solong [7]
Which of these is an example of feedback? C. Asking your supervisor to repeat a set of instructions.
6 0
3 years ago
WILL GIVE BRAINLIEST
shepuryov [24]

the answer is b:) because high interest rates mean increased cost for all the others since it is not a fixed cost for them

8 0
3 years ago
Read 2 more answers
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