Answer:
b. Amount of tax due on the sale of an asset
Explanation:
The book value of an asset is primarily used to compute the <u>amount of tax due on the sale of an asset</u>. The book value of an asset is value of asset on the company/ It is important to note that the book value is not a fair market value. Book value is an accounting and tax calculation. The salvage value of an asset is after-tax cash flow in an amount equal to sales price minus the tax due based on the sales price minus the book value.
Answer:
B) Direct materials are used to determine total inventoriable product costs.
Explanation:
Product costs includes direct materials, direct labor & manufacturing overhead.
This makes Choice B a description of direct materials in a manufacturing setting. All other choices are false.
Their is a chance to use direct labor as a basis for manufacturing overhead but not direct materials.
Direct materials can be separately and conveniently traced.
And finally, as stated above, direct materials are part of the finished product.
Answer:
$615
Explanation:
The interest rate on Dawn's credit card is 2.5%
Purchases for the month are $650.
Payments made in the month is $50.
Balance will be
Purchases balance and the interest on the credit card
Purchase balance : $650-$50 = $600
Interest for the month
=2.5% x 600
=0.025 x 600
=$15
Balance will be $600 + $15= $615
B You earn interest when you use a charge card but not a credit card.
Answer:
True
Explanation:
It shows that you are uneducated and not ready for a professional job, no matter what the job is you always need to show proper writing techniques. NO SLANG!
Hope that helps