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Delicious77 [7]
3 years ago
9

Latoya filed her tax return on february 10th this year. when will the statute of limitations expire for this tax return if latoy

a understated her income by 40 percent?
Business
1 answer:
melomori [17]3 years ago
6 0
The statute of limitations generally ends three years from the laterof (i) the date the tax return was actually filed (3 years from February 10th of this year) or (ii) the tax return’s original due date (3 years from April 15th of this year).Accordingly,<span>Latoya’s statute of limitations for the tax return will end 3 years from April 15th.</span>
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Emma is planning how much she needs to make next week. She can only work 25 hours, and she needs to make a total
Mademuasel [1]

Answer:

$24.8 per hour.

Explanation:

Emma can only work for 25 hours in a week.

Total she needs to make =$620.

So, each hour she has to make sales worth =620/25 =$24.8

3 0
3 years ago
Read 2 more answers
A company reports the following:
fredd [130]

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

a. Accounts receivable turnover

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable  

= $3,150,000 ÷ $210,000

= 15 times

b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

7 0
3 years ago
A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer usefu
e-lub [12.9K]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

A machine costing $251,800 was purchased May 1. The machine should be obsolete after three years and, therefore, no longer useful to the company. The estimated salvage value is $3,400.

A) Straight-line:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (251,800 - 3,400)/3= $82,800

B) Double declining balance:

Annual depreciation= 2*[(original cost - residual value)/estimated life (years)]

Year 1= (248,400/3)*2= 165,600

Year 2= 55,200

Year 3= 18,400

5 0
3 years ago
1) Torria wants to open a hair salon.
AnnyKZ [126]

Answer:

Case 1: Torria wants to open a hair salon

<u><em>a. 2 possible sources of revenue the business may have.</em></u>

As a hair salon, there are several sources of revenue as following:

+) First is the revenue from providing hair care services for customers. This is the main sources, generated by providing services such as cutting, dyeing, etc.

+) The second source is from training. Torria can open courses for people who want to learn about hair care skills.

<em><u>b. 5 possible expenses the business may have</u></em>

To establish and operate a business, Torria may face these expense:

+) First is the fee for place. Torria will have to pay regularly fee to borrow rooms/ house to place the salon.

+) Second is the initial investment in interior and facilities such as chair, bed,  mirror; the hair care products like shampoo, essential oils, etc.

+) Third is the salary Torria has to pay for the employees.

+) Fourth is the expense for advertising including: printing posters/ online advertisement, etc.

+) Last but not least is billing on electricity or water

Case 2: Mykeda wants to open an electronic store selling Apple products.

<em><u>a. Other source of revenue than selling electronics</u></em>

Other than selling electronic product, Mykeda can provide the services of repairing electronics to generate revenue. In this services, users can bring their broken phone to Mykeda's store to fix it and pay for that.

<em><u>b. 4 expenses </u></em>

4 expenses that Mykeda may have when opening a store are:

First, Mykeda has to pay for borrowing location on a street or in a mall to open the store.

In addition, there would be cost for the furniture of the store such as sofas, shelves, etc.

The third expense is on the investment to buy Apple products to resell.

And the fourth one is salary that Mykeda has to pay for salesman or other staffs in the store.

4 0
3 years ago
​Which of the following statements is most accurate? Group of answer choices ​Multimedia presentations are no longer used in the
Aleksandr-060686 [28]

Answer:

The Correct Statement is the Second Statement. Effective speaker look consider the nature and the needs of audience and then decide the type of visual aid.

Explanation:

Multimedia slides are extremely useful, and often helps in various ways to deliver your message. There is no doubt in it.

However, you can't say multimedia slides are the "one best way" to present.

In certain cases, depending on the audience, you might not need and multimedia slide at all!

Maybe you'll just have to use your body language, act out a drama or even sing a song to convey the message to the audience.

And apart from that, it the times of technical failures, where you cannot use the computer or any electrical devices, you'll have to use traditional methods too.

Moreover, if the audience is not "tech-savvy" and are more of a traditional nature, then traditional or pen and paper based methods might just work out!

5 0
3 years ago
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