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ICE Princess25 [194]
3 years ago
15

Who is responsible for maintaining property records and issuing marriage licenses?

Business
1 answer:
Irina-Kira [14]3 years ago
6 0

Answer:

B. county clerk is the correct answer.

Explanation:

  • County clerk is responsible for maintaining property records and issuing marriage licenses.
  • A County Clerk responsible for maintaining records and filing birth certificates, notary bonds, death and marriage certificates of a country's population.
  • The County Clerk maintains documents of all regulatory body transactions, statutes and resolutions.
  • County Clerk Responsibilities is to scan the documents, helping with telephone queries, making election administration assignments, obtaining election data, creating and managing files, and preparing and filing different documents.

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Five individuals organized Miami Music Corporation on January 1. At the end of January 31, the following monthly financial data
s344n2d4d5 [400]

Answer:

a. Profit(loss) = Total revenue - Total expenses

= 131,000 - 90,500

= $41,000

The company did in fact generate<u> profit of $41,000 </u>and this can be shown from the Income Statement which is where profit or loss is calculated.

b. A company uses its assets to pay off its liabilities so if the liabilities are less than the assets then the company is capable of paying off its liabilities:

Assets = Cash + Accounts Receivable + Supplies

= 30,800 + 25,300 + 40,700

= $96,800

Liabilities are just the Accounts Payable of $25,700.

<em>Liabilities are less than Assets so Miami Music does indeed have sufficient resources to pay its liabilities. </em>

This information comes from the <u>Balance Sheet</u> which is where assets and liabilities are shown.

7 0
2 years ago
The benefits or reviewing procedures for ordering products and services
Doss [256]

Answer:

They provide more detail and utility than a basic expense record. ...

They're the foundation of a reliable purchasing process. ...

They improve organisation for multiple projects and processes. ...

They provide clear and highly detailed levels of communication to all parties.

Explanation:

5 0
2 years ago
Any driver under the age of 18 who are accumulates A 3 B 6 C 9 D 13 or more points within 12 months. If restricted for one year
prohojiy [21]

B. 6 points

6 points or more will restrict the minor's license for 1 year to business purposes only.

3 0
3 years ago
During the year, the Senbet Discount Tire Company had gross sales of $1.24 million. The company’s cost of goods sold and selling
Afina-wow [57]

Answer:

Net income= $139,755

Operating cash flow= $346,835

Explanation:

Senbet discount tire company has a gross sale of $1.24 million

The cost of goods sold is $593,000

The selling expense is $246,000

The company has a note payable of $850,000 with an interest rate of 5%

Depreciation is $123,000

Tax rate is 23%

(a) Inorder to calculate the tax expense the first step is to find the interest

Interest= debt×interest rate

= $850,000×5/100

= 850,000×0.05

= 42,500

Therefore, the net income can be calculated as follows

= (sales-cost of goods sold-selling expense-depreciation-interest)(1-tax rate)

=( $593,000-$246,000-$123,000-42,500)(1-0.23)

= 181,500×0.77

= $139,755

(b) Inorder to calculate the operating cash flow the first step is to find the tax expense

Tax expense= (gross sales-cost of goods sold-selling expense-depreciation-interest)× tax

($1,240,000-$593,000-$246,000-$123,000-42,500)×0.23

= $235,500×0.23

= $54,165

Therefore, the operating cash flow can be calculated as follows

= gross sales-cost of goods sold-selling expense-depreciation-tax expense+depreciation

=$1,240,000-$593,000-$246,000-$123,000-$54,165+$123,000

= $346,835

Hence the net income is $139,755 and the operating cash flow is $346,835

4 0
3 years ago
The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this
AlexFokin [52]

Answer:

Please see attachment

Explanation:

Please see attachment

8 0
2 years ago
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