Answer:
Option (C) $178
Explanation:
Data provided in the question:
Startup expense incurred by the business = $9,000
Now,
The start-up costs and organizational expenses are deducted over a time period of 180 months
also,
$5,000 can be deducted in the first year by the startup expense.
Therefore,
Amortization amount reported as a "other expense" on Schedule C per month
= [ Startup expense - $5,000 ] ÷ 180
= [ $9,000 - $5,000 ] ÷180 = $22.22
for the year = $22.22 × Number of months left in the year from May
= $22.22 × 8
= 177.78 ≈ $178
Hence,
Option (C) $178
Answer:
tactical planning
Explanation:
Tactical planning considers a general framework for an enterprise and carries out concrete short-term goals and strategies, typically by division or position of the business. The range of tactical planning is lower than the range in conventional aircraft.
The range in tactical planning is lower than that of the range of conventional aircraft. If the action plan is five years, operational strategies may be one or three years or even fewer based on the type of sector the organization represents and the availability of information.
When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify company strengths and weaknesses. By conducting a SWOT analysis, a company is able to find out valuable information about how their company is conducting business, future plans, and how they compare to others within the same market. Identifying your strengths and weaknesses is important in achieving success. When you know your strengths, it allows you to set your company apart from others and when you know your weaknesses, you can work on improving them.
Answer:
Total cash collection= $257,500
Explanation:
Giving the following information:
Sales:
March= $250,000
April= $280,000
Speedster Bicycles, Inc., collects 25% of its sales on account in the month of the sale and 75% in the month following the sale.
<u>Cash collection April:</u>
Sales on account from April= 280,000*0.25= 70,000
Sales on account from March= 250,000*0.75= 187,500
Total cash collection= $257,500