1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Reil [10]
3 years ago
7

Big Homes Corporation is an accrual method calendar year taxpayer that manufactures and sells modular homes. This year for the f

irst time Big Homes was forced to offer a rebate on the purchase of new homes. At year-end, Big Homes had paid $12,000 in rebates and was liable for an additional $7,500 in rebates to buyers. What amount of the rebates, if any, can Big Homes deduct this year?
Business
1 answer:
Nina [5.8K]3 years ago
4 0

Answer:

What amount of the rebates, if any, can Big Homes deduct this year?

$19500

Explanation:

$19,500 if this amount is not material, Big Homes could  continue  offering rebates in next sells, in addition expects to pay the accrued rebates before filing their tax return for this year.

You might be interested in
The _____ component of the marketing environment consists of laws that require firms to operate under competitive conditions and
Luden [163]

Answer:

Political-legal Environment.

Explanation:

The political-legal environment component of the marketing environment consists of laws that require firms to operate under competitive conditions and to protect consumer rights. This component particularly has an impact on the marketing function of organizations. Laws made by the government of any country come into play here. Marketing department along side overall organization has to abide by these laws and rules. This factor/element basically decides the direction of the overall business as well. For example, when Chinese Government made a law that one family can have only one child, which was categorized as six-pocket syndrome. Business dealing with the kids related products were very successful and profitable those days, many organization also started making items for the kids those days.

8 0
3 years ago
There are many ways to cash-flow your college education without going into debt. Provide a minimum of five options for cash-flow
Ghella [55]
<span>1. Get a part-time job.
</span>Many college campuses have opportunities to work to earn some extra money or a chance for your work to convert into money towards your tuition.<span>You can have your paycheck be directly deposited into your bank account so you don’t have to worry about cashing a paper check, and if you get a checking account, you can get a debit card to use your money at school for food, books, and other necessities.
</span>2. Sell your notes and study guides on Flashnotes.
Flashnotes is a way to make money doing something you will be doing anyways! This is a great way to help students, review your class material and make money, all at the same time.<span>Typing out the notes will help you remember what you learned, and reading something in someone else’s “voice” will help other students learn better since they are learning from their peers. Sell your papers through social medias and you can then send it through email or blog.
</span>3. Enter sweepstakes.
Many popular stores have surveys that you can take after you make a purchase. Many times, you get a coupon for a percentage off, but some surveys get you entered to win gift cards to the store. This is especially helpful if you shop there and if you typically buy living necessities at the store.

While winning is not guaranteed, if you shop there a lot, you may be able to get entered several times, increasing your chances of winning, compared to those who may not shop there a lot or even those who do not choose to take the survey.

4. Earn gift cards through online rewards websites and apps.

There are websites and apps that allow you to earn points that can be redeemed for gift cards. These sites and apps include Swagbucks<span>, </span>InstaGC<span>, </span>Inbox Dollars<span> and </span>ePoints. Points are earned through taking surveys, playing games, watching videos, and other activities.

Each activity has a specific point amount and they accumulate until you decide that you want to cash them in. Many of these sites give points for online shopping or signing up for offers, but do not sign up and pay for something that you do not really need, since that defeats the purpose.

5. Get paid to write reviews online.
There are websites, like SliceThePie.com, that pay you for reviewing the latest fashions and music. The longer and better your reviews, the more you get paid.

For example, on SliceThePie, while the maximum is typically nine cents per review, there are certain specials that allow you to get paid more. This usually happens on fashion reviews, but some music is occasionally higher paying.

Also, the more stars you have, the more you get paid. Stars are earned through predicting hits. While this is not a means of getting rich quickly, it definitely adds up after you go at it for a while. You can cash out once you reach ten dollars, and you get paid through your PayPal account.

7 0
3 years ago
Separation of duties refers to:
Bumek [7]
Making each manager personally responsible for his/her department
5 0
3 years ago
Retreaded Tires plans to save $23,500, $24,500, $26,500, and $28,000 at the end of each year for Years 1 to 4, respectively. If
exis [7]

Answer:

<u><em></em></u>

  • <u><em>Option C. $105,608.11</em></u>

<u><em></em></u>

Explanation:

Basis:

  • Interest compounded monthly
  • rate = 0.021/12 = 0.00175

1. Year 1:

All the figures in dollars.

  • Initial balance: 0
  • Initial balance + interest = 0
  • Deposit at the end of the year: 23,500
  • Final balance: 23,500

2. Year 2:

All the figures in dollars.

  • Initial balance: 23,500
  • Initial balance + interest: 23,500 (1 + 0.00175)¹² = 23,998.28
  • Deposit at the end of the year: 24,500
  • Final balance: 24,500 + 23,998.28 = 48,498.28

3. Year 3:

All the figures in dollars.

  • Initial balance: 48,498.28
  • Initial balance + interest: 48,498.28(1 + 0.00175)¹² = 49,526.60
  • Deposit at the end of the year: 26,500
  • Final balance: 26,500 + 49,526.60 = 76,026.60

4. Year 4:

All the figures in dollars.

  • Initial balance: 76,026.60
  • Initial balance + interest: 76,026.60(1 + 0.00175)¹² = 77,638.62
  • Deposit at the end of the year: 28,000
  • Final balance: 28,000 + 77,638.62 = 105,638.62

Assuming differences in rounding intermediate values, the answer is the option C.

3 0
3 years ago
During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accoun
s2008m [1.1K]

During the 1960s,US. firms created just over <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

<h3>What is meant by foreign direct investment?</h3>

Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.

Note that it it one where an investor that is known to  resident in one economy set up a lasting interest in and a  vital extent of influence over a firm that is found  in another economy.

Therefore, note that during the 1960s,US. firms created just over <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

Learn more about foreign direct investment from

brainly.com/question/1125884
#SPJ1

6 0
1 year ago
Other questions:
  • Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During October,
    5·1 answer
  • How do you make a deposit form?
    10·1 answer
  • Changes in tariffs and quotas are: Group of answer choices infrastructure changes. corporate strategies designed to maximize pro
    7·1 answer
  • A company is considering two projects. Project I Project II Initial investment $120,000 $120,000 Cash inflow Year 1 $40,000 $20,
    12·1 answer
  • If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts?
    7·2 answers
  • You can learn everything you need to know about a company during an interview.
    5·2 answers
  • Company Earnings per Share Market Value per Share 1 $ 11.00 $ 176.00 2 8.00 78.40 3 6.00 77.40 4 35.00 203.00 Compute the price-
    7·1 answer
  • In two paragraphs, using your own words, compare and contrast the responsibilities of a facilities manager with those of a gener
    11·1 answer
  • I need some help pls
    11·2 answers
  • Your buyers love the 1891 victorian they have under contract, but they want to get both the water and the paint tested as soon a
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!