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3 years ago

What is the total amount of adjustments on evies tax return

Business

1 answer:

son4ous [18]3 years ago

5 0

Answer: 250 hope i helpped

Since she won some money in local casino, and during the interview she reported that she had gambling losses of $700.20, The gambling losses is regarded as income, Therefore total income = $700.20

Adjustment or above the line deduction are

Educator expenses $550

Amount she cashed and use to pay for living expenses 401(k)

To find the total amount of adjustment, we subtract the above the line deduction from income

401 + 550 = 951

Therefore. 951 - 700.20

= 250.8

The amount for deduction to the nearest dollar is $250

Explanation:

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Which answer option is not a job function associated with a corporate finance department?

Leto [7]

4. As it is not the finance departments job to keep up with reputation and how they look.

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2 years ago

The __________ of an automobile manufacturer, such as porsche, mazda, toyota, or general motors, might be based on a unique

tatiyna

Positive corporate brand image.

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7 0

3 years ago

When diversified firms use the revenues from profitable businesses to subsidize the operations of another business and then set

Over [174]

Answer:

Predatory.

Explanation:

This predatory pricing strategy is used when a company aims to create entry barriers for new competitors, significantly lower the price to gain new customers and drive competitors away. The cons of this strategy is that in addition to being illegal, lost revenue is not always recovered, and there are other factors that drive competitors away, not just price.

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3 years ago

Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for Product

Leokris [45]

Answer:

FIFO Ending Inventory $ 64900

Explanation:

Oriole Company

Date Particulars Units Unit Cost Total Cost

January 1, (beginning inventory) 2,000 $15 30,000

January 5, Purchases: 2,500 $17 42500

January 25, Purchases: 2,200 $18 39600

February 16, Purchases: 1,100 $19 20900

March 15, Purchases: 2,200 $20 44000

Total 10,000 $ 177000

A physical inventory on March 31, 2020, shows 3,300 units on hand.

FIFO means first in first out. It is a method of calculating inventory items. In it the first items purchased are sold out first. Following this rulethe ending inventory FIFO can be calculated by moving backwards from March 15 purchases as follows.

FIFO Ending Inventory $ 64900

March 15 Purchases 2,200 units at $20=$ 44000

February 16,Purchases units 1,100 at $19 =$20900

6 0

2 years ago

Finishing Touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transaction

valentinak56 [21]

Answer:

Total Stockholders' Equity = $2,334,370

Explanation:

Note: See the attached excel file for the stockholders' equity section of the balance sheet for Finishing Touches as of December 31, 2018 with all the formulae used.

In the attached excel file, the retained earnings is calculated as follows:

Retained earnings = Net income – Common dividends - Preferred dividends = $149,000 - $94,000 - $1,330) = $53,670

From the attached excel file, we have:

Total Stockholders' Equity = $2,334,370

Download xlsx

6 0

3 years ago