Answer:
D
Explanation:
it has it's own distinguishing characteristics ....Form used to record the cost chargeable to a specific job and to determine the total and unit cost of the completed job
Answer:
The amount of interest which can be deducted in one year is limited to the net investment income of a taxpayer for that year.
Explanation:
This amount can not be exceeded. Investment income according to the IRS includes:... It does not include eligible dividends or net capital gains other than those that you want to include.
Limitations on investment interest Not all interest that you pay on investment loans are allowed to be deducted. For particular, the IRS forbids registration of certain forms of investment value, including:
1. Home mortgage interest eligible.
2. Value to raise tax-exempt revenue, as if the municipal tax-free bond is to be bought on a margin.
3. Option straddles, which are not available to most investors as an advanced investment strategy.
4.Interest in any passive operation when measuring profit or loss
The item that has many close substitutes tend to have an elastic demand since this means that the consumers have a lot of variations to choose from. This makes the demand for the item very dependent on the number of consumers this item caters. The more substitutes mean more competition, more choices for the consumers, less demand for a particular item.
Answer:
$236,500
Explanation:
Using the AFN equation to forecast Broussard's additional funds
Sales expected in 2019 2,150,000
( 8,600,000* .25)
After-tax profit margin 430,000
(10,750,000*4%)
Dividend payments 193,500
[$430,000 * 45%]
Addition to retained earnings $236,500
[$430,000 - $193,500]
Therefore forecast Broussard's additional funds needed for the coming year will be $236,500
