Answer:
$12,380
Explanation:
The beginning inventory is $9,150
The budgeted ending inventory is $10,420
The cost of goods sold is $11110
Therefore the budgeted purchases can be calculated as follows
= $10,420 + $11,110-$9,150
= $21,530 - $9,150
= $12,380
Hence the budgeted purchases is $12,380
David had earned payment and must pay California taxes on his investment and earned income he received.
<h3> Tax liability in California</h3>
Tax liability is the full amount of tax owed in a delivered period, by people and organizations, to federal, state, and local administrations. For companies, tax liabilities are short-term liabilities registered on a balance sheet and paid within a year.
California holds nine tax brackets: 1%, 2%, 4%, 6%, 8%, 9.3%, 10.3%, 11.3% and 12.3%. Here are the rates and stands for the 2021 tax year, which you'll file in 2022, via the California Franchise Tax Board. The ordinary deduction in California is $4,803 for single filers and $9,606 for married families.
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Answer:
B market value can be expected to remain fairly stable
Explanation:
Given that variable-rate municipal note is a long-term municipal bond that in which investors are offered to possess or buy using the money market funds.
For investors, there are a lot of advantages in purchasing variable rate municipal notes, some of which are:
1. market value can be expected to remain fairly stable
2. It is not taxable from federal tax
3. It has a low correlation with stocks and bonds
4. It has credit enhancement to mitigate the risk
Hence, the correct answer is that "market value can be expected to remain fairly stable"
Answer:
a. hydrogenated vegetable oil
Explanation:
Hydrogenated vegetable oil -
It is found in many common food ingredients.
The hydrogenated vegetable oil is composed of oils that are extracted from sunflowers , olives plants etc.
These oils are liquid at room temperature , and to convert it to solid , the compound is saturated with hydrogen molecules , i.e. , hydrogen molecules are added , which changes the taste and texture of the oil .
The process of hydrogenation forms trans fats , which is unsaturated in nature and is therefore harmful for health.