If you’ve filed for example a Federal income tax with the IRS. You’ll receive a Federal tax refund in return.
Answer:
a transport business uses (preferably semi's) any vehicles to transport one item from one place to another. a drink business is a place/product ( drinks (soft or alcoholic) and you sell them to make a profit
transport business is both cheaper and easy to set up and run.
Answer:
C
Explanation:
In a job order cost system, costs are assigned to each job or batch.
A job may be for a specific order or inventory.
Product cost are traced to individual inventory items and manufactured to order. Cost records must be maintained for each distinct product job.
A key feature to identify it is that each job or batch has its own distinguishing characteristics.
The objective of the system is to compute the cost per job.
Measures costs for each job completed, not for set time periods.
Typically used by companies that make unique or special order products, such as customized publications, built in cabinets, or made to order draperies.
Answer:
Option (a) $114,000
Explanation:
Data provided in the question:
Dividend declared = $240,000
Shares outstanding = 9,000
Interest = 7%
Now,
Value of share = $100 × 9,000
= $900,000
Dividend to Preference Stock Holders Arrears = 7% of Value of share
= 0.07 × $900,000
= $63,000
Dividend to Preference Stock Holders = $63,000
Therefore,
Dividend to Common Stock Holders
= $240,000 - $63,000 - $63,000
= $144,000
Option (a) $114,000