Answer:
The responses to these question can be defined as follows:
Explanation:
In question 1:
YES, the guarantee expense is an obligation.
In question 4:
Journal entries:
Date Title of Account Dr Cr
31-Dec expense Warranty 
18400
Estimated liability Warranty 18400
31-Jan Estimated liability Warranty 16000
Cash 16000
Balance on Warranty Liability:
Part -2 31-Dec Approximate amount of guarantee liability: $ 18400
Part-3 31-Jan Approximate amount of guarantee liability: $ 2400
Answer:
The correct answer is letter "B": The standard mileage rate method.
Explanation:
Vehicle expense deductions are offered on Schedule C for self-employed taxpayers. If the vehicle expenses are itemized and are not part of a regular loan, part of the lease payment can be considered as a business expense. This is provided thanks to the standard mileage rate deduction. Parking and tolls can also be subject to deduction.
Answer:
<u>Licensing.</u>
Explanation:
Brand licensing occurs when there is an agreement between companies to use a brand and its characteristics such as name, logo and image, upon payment of royalts for the use.
It is a strategy that occurs on a large scale worldwide due to the ease of use and the added benefits of using a consolidated brand in the market, which already has an established public, and added value, which generates an economic strengthening in companies that use this strategy. as well as increased reliability and profitability.
On average, managers spend the least amount of time doing the managerial activity is networking.
What is networking?
Networking is the technique of making connections with respect of the business environment. Managers very often get involved in developing relationships and making their own networks. They are accountable for monitoring and completing the given task in an effective way. So, they basically focus on many managerial activities like decision-making, planning things, communicating the required information, managing employees, etc.
Which managerial function is the most important?
The most important function of management is Planning. Planning means setting objectives in order to achieve , a goal in a limited time period .Several alternatives are formulated in order to achieve the goals.
Learn more about managerial activity:
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Answer:
The question is wrong ,find attached correct question:
The correct option in the attached is $58290
,option E,which is missing in the original question
Explanation:
Cash flow from operating activities=net income+depreciation charge-increase in accounts receivable+decrease in inventory+decrease in prepaid expenses-decrease in accounts payable+loss on sale of land-gain on sale of equipment
cash flow from operating activities=$26,890+($135,000-$92,000)-($77,000-$64,000)+($140,000-$132,000)+($16,540-$12,140)-($45,000-$33,000)+$2000-$1000=$58290
