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3 years ago

When a person with curly hair goes outside on a humid day nothing happens

Business

2 answers:

Svetach [21]3 years ago

7 0

Answer:

Is there a question or what?

Explanation:

sleet_krkn [62]3 years ago

3 0

Answer:

not sure what you mean

Explanation:

not enough information

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Hitzu Co. sold a copier costing $6,500 with a two-year parts warranty to a customer on August 16, 2018, for $13,000 cash. Hitzu

Marina CMI [18]

Answer and Explanation:

1. The computation of warranty expenses is shown below:-

Warranty expense in 2018 = Warranty for a customer × Rate of sales

= $13,000 × 6%

= $13,000 × 0.06

= $780

2. The computation of estimated warranty liability is shown below:-

As we have calculated in part 1 so it is same that is

Estimated warranty liability in 2018 = $780

3. The computation of Warranty expenses in 2019 is shown below:-

In 2019 no warranty expense is there so the correct answer is $0

4. The computation of estimated warranty liability is shown below:-

Estimated warranty liability = Warranty expenses in 2018 - Repairs cost

= $780 - $121

= $659

5. The Journal entries is shown below:

a. Cash Dr, $13,000

To Sales $13,000

(Being cash is recorded)

b. Cost of goods sold Dr, $6,500

To Merchandise inventory $6,500

(Being cost of goods sold is recorded)

c. Warranty expense $650

To Estimated warranty liability $650

(Being warranty expenses is recorded)

Estimated warranty liability Dr, $121

To Repair parts inventory $121

(Being warranty liability is recorded)

4 0

2 years ago

Gray Company, a closely held C corporation, incurs a $50,000 loss on a passive activity during the year. The company has active

-Dominant- [34]

Answer:

B) False: since it is still a closely held C corporation, it cannot reduce its ordinary income through passive losses. If it hadn't been a closely held C corporation then it could have made the deductions.

Explanation:

Passive losses are losses resulting from financial activities, i.e. investments in other corporations where the investor doesn't participate in.

Passive losses cannot offset ordinary income, they must be matched against passive gains only. If passive losses exceed passive gains, they can be carried forward without limitation.

The only exception applies to C corporations that are not;

closely held corporations or
personal service corporations.

Qualifying C corporations can actually deduct passive losses from certain ordinary income.

Closely held C Corporations are corporations where during the last 6 months, 50% or more of its stock is owned by 5 or fewer investors.

6 0

3 years ago

Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not

snow_tiger [21]

7. Option b. Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.

Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.

Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.

Learn more Esmeralda at

brainly.com/question/24812570

#SPJ1

8 0

2 years ago

Roger owns a small health store that sells vitamins in a perfectly competitive market. If vitamins sell for $12 per bottle and t

Brut [27]

Answer:

Profit per bottle is $0.50

Explanation:

Sales price per bottle = $12

Total cost price per bottle = $11.50

Profit per bottle = sales price - total cost price = $12 - $11.50 = $0.50

5 0

2 years ago

The employee retirement income security act (erisa) is intended to protect only disabled workers who are still too young to reti

Anit [1.1K]

The statement is "false".

The Employee Retirement Income Security Act secures the retirement resources of Americans by executing rules that qualified plans must take after to guarantee design trustees don't abuse plan resources. Under ERISA, plans must provide members with data about arrangement highlights and financing, and outfit data routinely and for nothing out of pocket.

ERISA additionally sets least benchmarks for interest, vesting, advantage collection and subsidizing. The law characterizes to what extent a man might be required to work before getting to be plainly qualified to take an interest in an arrangement, to collect advantages and to have a non-forfeitable appropriate to those advantages. It additionally sets up point by point subsidizing decides that require design patrons to give sufficient financing to the arrangement.

4 0

3 years ago